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

Contents:

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

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

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $82,044 per ton, surging by 28% against the previous year. Over the period under review, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 125% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($823,000 per ton), while the price for Mexico ($14,367 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+45.8%), 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 Venezuela (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $44,179 per ton in 2022, with an increase of 14% against the previous year. Overall, the export price posted a prominent increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Spain ($163,500 per ton), while the average price for exports to Colombia ($4,364 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 Costa Rica (+8.6%), 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 Venezuela

In 2022, imports of statuettes and other ornaments; of base metal plated with precious metals into Venezuela skyrocketed to 204 kg, picking up by 25% on 2021 figures. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 87%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals soared to $17K in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR1.71.64.15.951.4%
Brazil0.20.31.13.3154.6%
Colombia0.90.81.92.540.6%
India0.10.10.30.9108.0%
Mexico0.20.20.50.751.8%
Chile0.20.20.50.751.8%
Panama0.30.10.20.2-12.6%
Others1.00.81.92.637.5%
Total4.54.110.416.754.8%

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

  1. Colombia (103.0 kg)
  2. Mexico (49.0 kg)
  3. Hong Kong SAR (19.0 kg)
  4. India (7.0 kg)
  5. Chile (6.0 kg)
  6. Brazil (4.0 kg)
  7. Panama (4.0 kg)

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

In 2022, overseas shipments of statuettes and other ornaments; of base metal plated with precious metals decreased by -12.5% to 28 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 5.3% against the previous year. As a result, the exports attained the peak of 40 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals reduced slightly to $1.2K in 2022. In general, exports showed a relatively flat trend pattern. The smallest decline of -0.1% was in 2020.

Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain43156362965414.9%
Costa Rica26233636837612.8%
France1511721671510.0%
Colombia86.080.064.048.0-17.7%
Bolivia13.012.010.08.0-14.9%
GuyanaN/A13.0N/AN/A0%
Others29763.0N/AN/A-78.8%
Total1,2401,2391,2381,237-0.1%

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

  1. Colombia (11.0 kg)
  2. Costa Rica (11.0 kg)
  3. Spain (4.0 kg)
  4. Bolivia (1.0 kg)
  5. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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