Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Dominican Republic - 2023

Contents:

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

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $12,552 per ton in 2022, shrinking by -26.6% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 87%. The import price peaked at $22,115 per ton in 2012; however, from 2013 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 El Salvador ($53,798 per ton), while the price for Indonesia ($4,634 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+9.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $630,389 per ton, shrinking by -88.8% against the previous year. Overall, the export price, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 108,131% against the previous year. As a result, the export price reached the peak level of $5,636 per kg, and then fell sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +75.5% per year.

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Dominican Republic

In 2022, imports of statuettes and other ornaments; of base metal plated with precious metals into the Dominican Republic surged to 17 tons, increasing by 301% on 2021 figures. Overall, imports showed 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 soared to $208K in 2022. In general, imports recorded 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.510.514.883.546.6%
United States18.25.01.068.755.7%
El Salvador23.526.538.638.017.4%
SpainN/AN/AN/A11.20%
IndiaN/A2.215.03.016.8%
Indonesia4.6N/A0.31.7-28.2%
VietnamN/A2.5N/AN/A0%
Others1.80.30.91.7-1.9%
Total74.646.970.620840.7%

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

  1. China (10.0 tons)
  2. United States (3.9 tons)
  3. Spain (1.1 tons)
  4. El Salvador (0.7 tons)
  5. Indonesia (0.4 tons)
  6. India (0.4 tons)

Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Dominican Republic

In 2022, overseas shipments of statuettes and other ornaments; of base metal plated with precious metals were finally on the rise to reach 18 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous contraction.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals declined dramatically to $11K in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 14,828% against the previous year. As a result, the exports attained the peak of $23K, and then contracted remarkably in the following year.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.90.10.911.3132.4%
Curacao0.1N/AN/AN/A0%
ItalyN/A0.1N/AN/A0%
OthersN/AN/A21.6N/A0%
Total1.00.222.511.3124.4%

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

  1. United States (18.0 kg)

Source: IndexBox Market Intelligence Platform

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