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

Contents:

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

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $1,446 per ton in 2022, dropping by -33.4% against the previous year. In general, the import price showed a deep contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 379% against the previous year. As a result, import price reached the peak level of $5,744 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($20,268 per ton), while the price for China ($574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+130.4%), 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 Tanzania (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $3,324 per ton in 2022, declining by -67.2% against the previous year. In general, the export price faced a abrupt setback. The growth pace was the most rapid in 2020 an increase of 102%. Over the period under review, the average export prices hit record highs at $24,639 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($4,806 per ton), while the average price for exports to South Africa stood at $2,703 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+125.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of statuettes and other ornaments; of base metal plated with precious metals into Tanzania surged to 20 tons in 2022, rising by 1,907% against 2021. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $29K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.10.51.010.838.1%
ItalyN/A0.10.66.3693.7%
FranceN/AN/AN/A3.50%
India0.9N/A0.13.049.4%
Others2.50.60.65.832.4%
Total7.61.12.229.457.0%

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

  1. China (18.7 tons)
  2. India (0.6 tons)
  3. France (0.4 tons)
  4. Italy (0.3 tons)

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

In 2022, shipments abroad of statuettes and other ornaments; of base metal plated with precious metals increased by 150% to 105 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals dropped remarkably to $349 in 2022. In general, exports, however, showed a deep slump. The smallest decline of -9.7% was in 2021.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa91.010.010.020030.0%
BurundiN/AN/AN/A1490%
MalawiN/AN/A16.0N/A0%
United Kingdom151N/AN/AN/A0%
Costa RicaN/AN/A394N/A0%
ZambiaN/A4.0N/AN/A0%
United States28214.04.0N/A-88.1%
OthersN/A4442.0N/A-99.5%
Total524472426349-12.7%

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

  1. South Africa (74.0 kg)
  2. Burundi (31.0 kg)

Source: IndexBox Market Intelligence Platform

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