Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam - 2022
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam (CIF) - 2022
The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $31,669 per ton in 2022, rising by 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($31,588 per ton), while the price for Spain ($31,550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.8%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $30,850 per ton, increasing by 181% against the previous year. In general, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2013 when the average export price increased by 305%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +23.9% per year.
Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam
In 2022, approx. 18 tons of statuettes and other ornaments; of base metal plated with precious metals were imported into Vietnam; rising by 52% compared with the previous year's figure. In general, imports enjoyed a significant increase. As a result, imports reached 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 $565K in 2022. Overall, imports showed a significant expansion. As a result, imports reached 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 98.7 | 252 | 294 | 521 | 74.1% |
| Spain | N/A | N/A | N/A | 27.1 | 0% |
| China | 77.8 | 5.6 | 37.5 | 3.2 | -65.5% |
| Others | 6.6 | N/A | 26.5 | 14.0 | 28.5% |
| Total | 183 | 258 | 358 | 565 | 45.6% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Vietnam in 2022:
- Malaysia (16.5 tons)
- Spain (0.9 tons)
- China (0.1 tons)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam
In 2022, overseas shipments of statuettes and other ornaments; of base metal plated with precious metals decreased by -99.3% to 20 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 69% against the previous year. As a result, the exports reached the peak of 2.9 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals fell remarkably to $617 in 2022. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, the exports reached the peak of $32K, and then dropped rapidly in the following year.
| Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Dominican Republic | N/A | 2.5 | N/A | N/A | 0% |
| Germany | 4.3 | 1.7 | 0.2 | N/A | -78.4% |
| France | 0.9 | 1.1 | 7.8 | N/A | 194.4% |
| Poland | 3.6 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 6.7 | 7.5 | 3.2 | N/A | -30.9% |
| Saudi Arabia | N/A | N/A | 5.5 | N/A | 0% |
| Others | 2.7 | 1.9 | 15.1 | N/A | 136.5% |
| Total | 18.3 | 14.7 | 31.8 | 0.6 | -68.0% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Vietnam in 2022:
- Singapore (20.0 kg)
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