Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Thailand - 2024

Contents:

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

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

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $36,027 per ton in 2022, jumping by 129% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 161%. Over the period under review, the average export prices attained the maximum at $40,307 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($56,168 per ton), while the average price for exports to Myanmar ($725 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 Denmark (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $36,854 per ton in 2022, with a decrease of -35.1% against the previous year. In general, the import price saw a pronounced setback. The growth pace was the most rapid in 2016 when the average import price increased by 123% against the previous year. Over the period under review, average import prices hit record highs at $73,749 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($102,035 per ton), while the price for China ($8,394 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals exported from Thailand skyrocketed to 82 tons, surging by 374% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports reached 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 surged to $3M in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark34.1N/AN/A2,405313.2%
United States26669.80.348.1-43.5%
MyanmarN/AN/AN/A9.20%
Vietnam52.0N/AN/A5.9-51.6%
Switzerland10116.6N/A3.8-66.5%
Singapore62.312.82011.8-69.3%
Others49315670.2483-0.7%
Total1,0092552722,95743.1%

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

  1. Denmark (62.3 tons)
  2. Myanmar (12.7 tons)
  3. United States (0.9 tons)
  4. Vietnam (0.3 tons)
  5. Switzerland (0.2 tons)
  6. Singapore (0.1 tons)

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

After two years of decline, purchases abroad of statuettes and other ornaments; of base metal plated with precious metals increased by 907% to 8.3 tons in 2022. Overall, imports, however, saw a deep contraction.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals soared to $304K in 2022. Over the period under review, imports, however, saw a abrupt decline.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France23983.516.985.1-29.1%
Italy9.71.2N/A82.1103.8%
United Arab Emirates44.2N/AN/A73.118.3%
Switzerland44.976.810.112.4-34.9%
India2.92.00.36.832.9%
China18.422.94.76.3-30.0%
Hong Kong SAR26.30.70.11.0-66.4%
Others13.510.214.437.540.6%
Total39919746.6304-8.7%

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

  1. Italy (3.3 tons)
  2. France (2.1 tons)
  3. China (0.8 tons)
  4. United Arab Emirates (0.7 tons)
  5. India (0.6 tons)
  6. Switzerland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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