Silver Jewelry Price in Australia - 2022
Contents:
- Silver Jewelry Price in Australia (CIF) - 2022
- Silver Jewelry Price in Australia (FOB) - 2022
- Silver Jewelry Imports in Australia
- Silver Jewelry Exports in Australia
Silver Jewelry Price in Australia (CIF) - 2022
The average silver jewelry import price stood at $2,032,945 per ton in 2022, increasing by 11% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silver jewelry import price increased by +76.9% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 11% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($2,101,537 per ton) and the United States ($1,982,118 per ton), while the price for China ($1,691,129 per ton) and Germany ($1,796,059 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Jewelry Price in Australia (FOB) - 2022
In 2022, the average silver jewelry export price amounted to $1,900,207 per ton, with an increase of 6.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 81% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
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 ($2,036,807 per ton), while the average price for exports to Thailand ($1,304,107 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 the UK (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Jewelry Imports in Australia
In 2022, approx. 92 tons of silver jewelry were imported into Australia; with a decrease of -9.9% on the previous year's figure. In general, imports continue to indicate a perceptible contraction. The smallest decline of -0.4% was in 2020.
In value terms, silver jewelry imports reached $188M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Silver Jewelry in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 91.0 | 107 | 105 | 112 | 7.2% |
Italy | 12.8 | 16.5 | 20.5 | 19.8 | 15.7% |
China | 16.9 | 15.7 | 17.1 | 17.8 | 1.7% |
India | 11.9 | 11.1 | 15.4 | 14.1 | 5.8% |
United States | 13.3 | 9.4 | 13.1 | 9.9 | -9.4% |
New Zealand | 2.7 | 2.7 | 3.2 | 2.2 | -6.6% |
Others | 8.0 | 8.4 | 13.1 | 11.6 | 13.2% |
Total | 157 | 171 | 187 | 188 | 6.2% |
Top Suppliers of Silver Jewelry to Australia in 2022:
- Thailand (61.3 tons)
- Italy (10.5 tons)
- China (10.5 tons)
- India (7.3 tons)
- United States (5.0 tons)
- New Zealand (1.3 tons)
Silver Jewelry Exports in Australia
In 2022, exports of silver jewelry from Australia skyrocketed to 18 tons, increasing by 94% compared with the year before. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, silver jewelry exports soared to $33M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Silver Jewelry in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | 0.2 | 0.1 | 11.9 | 671.4% |
New Zealand | 3.3 | 4.0 | 6.3 | 7.5 | 31.5% |
Singapore | 0.1 | 0.1 | 0.1 | 5.9 | 289.3% |
United States | 2.0 | 1.1 | 2.0 | 1.9 | -1.7% |
Canada | 3.3 | 2.6 | 3.6 | 1.3 | -26.7% |
Thailand | 2.3 | 1.3 | 1.4 | 1.3 | -17.3% |
United Kingdom | 0.1 | 0.2 | 0.2 | 0.7 | 91.3% |
Hong Kong SAR | 5.9 | 1.3 | 1.2 | 0.6 | -53.3% |
China | 0.3 | 1.0 | 0.8 | 0.5 | 18.6% |
Others | 0.6 | 0.7 | 0.6 | 2.0 | 49.4% |
Total | 17.9 | 12.4 | 16.2 | 33.5 | 23.2% |
Top Export Markets for Silver Jewelry from Australia in 2022:
- Italy (7.2 tons)
- New Zealand (4.4 tons)
- Singapore (3.1 tons)
- Thailand (1.0 tons)
- Canada (0.9 tons)
- United States (0.9 tons)
- United Kingdom (0.4 tons)
- China (0.3 tons)
- Hong Kong SAR (0.3 tons)
This report provides an in-depth analysis of the articles of jewellery market in Australia.
This report provides an in-depth analysis of the jewelry market in Australia.
This report provides an in-depth analysis of the motorcycle and scooter market in Australia.
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Australia.
Global Articles Of Jewellery Market Report 2018. This report provides an in-depth analysis of the global articles of jewellery market.
This report provides an in-depth analysis of the global jewelry market.
This report provides an in-depth analysis of the global motorcycle and scooter market.
This report provides an in-depth analysis of the global market for motorcycle, scooter and side-car.
This report provides an in-depth analysis of the articles of jewellery market in Australia.
This report provides an in-depth analysis of the jewelry market in Australia.
In September 2022, imports of Motorcycle and Scooter reached a peak of 13K units. However, from October 2022 to September 2023, imports remained at a slightly lower level. In terms of value, the imports of Motorcycle and Scooter significantly decreased to $32M in September 2023.
Explore the top import markets for jewelry worldwide, including Hong Kong SAR, United Arab Emirates, United States, Switzerland, and more. Discover key statistics and insights from the IndexBox market intelligence platform.
Global jewelry imports stood at X tons in 2016, rising by X% against the previous year figure. Overall, jewelry imports continue to indicate a relatively flat trend pattern. The pace of growth was...
In recent years, the global demand for motorcycles and scooters has been steadily increasing. These vehicles offer an affordable and convenient mode of transportation, making them popular in both developed and developing countries. In this article, we will explore the top import markets for motorcycles and scooters and provide key statistics.
Explore the world's best import markets for motorcycles, scooters, and side-cars. Discover the top countries with high import values, including the United States, Germany, France, and more.
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
In 2016, approx. X tons of motorcycle and scooter were imported worldwide- coming up by X% against the previous year level. In general, motorcycle and scooter imports continue to indicate a relat...
From 2007 to 2014, the global motorcycle and scooter market showed mixed dynamics. A slight decrease in 2009 (-X% Y-o-Y) was followed by a X% increase in 2010. Over the next three years, the market gradually increased to X million units. In value te
A lower costs policy coupled with the launching of new products is expected to double the Japanese Yamaha Motor Co.'s motorcycle profit margin by 2018. According to the Japan Times, Yamaha aims to increase their overall margin to X% by 2018. Hiroyuki
Explore the top import markets for jewelry worldwide, including Hong Kong SAR, United Arab Emirates, United States, Switzerland, and more. Discover key statistics and insights from the IndexBox market intelligence platform.