Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia - 2022

Contents:

  1. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia (CIF) - 2022
  2. Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia (FOB) - 2022
  3. Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia
  4. Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia (CIF) - 2022

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $36,703 per ton, with an increase of 4.2% against the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2013 when the average import price increased by 66% against the previous year. The import price peaked at $61,567 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($377,563 per ton), while the price for Turkey ($13,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $351,322 per ton in 2022, rising by 1.7% against the previous year. Overall, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 460%. Over the period under review, the average export prices reached the peak figure at $450,984 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($901,365 per ton), while the average price for exports to Moldova ($42,746 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia

In 2022, overseas purchases of statuettes and other ornaments; of base metal plated with precious metals increased by 19% to 31 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant curtailment.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals surged to $1.1M in 2022. Overall, imports, however, saw a significant decline.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4791,064776888-15.6%
LithuaniaN/A8.36.4196385.9%
ArmeniaN/AN/AN/A29.60%
Italy91919017.38.0-79.4%
TurkeyN/AN/AN/A7.10%
United States19.5N/A9.9N/A-28.7%
Ukraine27.810.830.2N/A4.2%
Others10390.484.315.0-47.4%
Total2,5491,3639241,143-23.5%

Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Russia in 2022:

  1. China (27.1 tons)
  2. Lithuania (2.5 tons)
  3. Armenia (0.7 tons)
  4. Turkey (0.5 tons)
  5. Italy (0.2 tons)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia

Exports of statuettes and other ornaments; of base metal plated with precious metals from Russia soared to 16 tons in 2022, jumping by 154% compared with the year before. In general, exports enjoyed a prominent expansion.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals soared to $5.6M in 2022. Overall, exports enjoyed a prominent expansion.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,4071,4131,8464,51023.3%
Serbia6.2N/AN/A343281.0%
Romania33.875.2197321111.8%
Mongolia49.818.610.614342.1%
Azerbaijan1.56.223.1103309.5%
CyprusN/AN/AN/A58.20%
MoldovaN/A1.79.819.4237.8%
Hong Kong SAR2,1617,443N/AN/A244.4%
Saudi Arabia48.6N/AN/AN/A0%
Others31.456.675.490.142.1%
Total4,7399,0142,1625,5885.6%

Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Russia in 2022:

  1. China (5.0 tons)
  2. Serbia (4.4 tons)
  3. Romania (2.9 tons)
  4. Azerbaijan (0.8 tons)
  5. Mongolia (0.7 tons)
  6. Cyprus (0.6 tons)
  7. Moldova (0.5 tons)

Source: IndexBox Market Intelligence Platform

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