Silver Jewelry Price in Bulgaria - 2023
Contents:
- Silver Jewelry Price in Bulgaria (CIF) - 2022
- Silver Jewelry Price in Bulgaria (FOB) - 2022
- Silver Jewelry Imports in Bulgaria
- Silver Jewelry Exports in Bulgaria
Silver Jewelry Price in Bulgaria (CIF) - 2022
The average silver jewelry import price stood at $956,696 per ton in 2022, shrinking by -9.9% against the previous year. Over the period under review, the import price, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58%. Over the period under review, average import prices hit record highs at $2,113,131 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Poland ($3,392,947 per ton), while the price for Turkey ($539,059 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Silver Jewelry Price in Bulgaria (FOB) - 2022
The average silver jewelry export price stood at $3,666,458 per ton in 2022, rising by 110% against the previous year. Overall, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($7,625,642 per ton), while the average price for exports to the United Arab Emirates ($210,868 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 Netherlands (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Silver Jewelry Imports in Bulgaria
For the fourth consecutive year, Bulgaria recorded growth in supplies from abroad of silver jewelry, which increased by 40% to 11 tons in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, silver jewelry imports soared to $10M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Silver Jewelry in Bulgaria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 2.4 | 3.5 | 3.1 | 4.4 | 22.4% |
Poland | 2.9 | 2.9 | 3.1 | 3.5 | 6.5% |
China | 0.2 | 0.3 | 0.6 | 0.7 | 51.8% |
Italy | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
Germany | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
Hong Kong SAR | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
Thailand | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 0.3 | 0.2 | 0.4 | 0.6 | 26.0% |
Total | 6.6 | 7.7 | 8.1 | 10.3 | 16.0% |
Top Suppliers of Silver Jewelry to Bulgaria in 2022:
- Turkey (8.2 tons)
- Poland (1.0 tons)
- China (0.4 tons)
- Germany (0.3 tons)
- Italy (0.2 tons)
- Thailand (0.1 tons)
- Hong Kong SAR (0.1 tons)
Silver Jewelry Exports in Bulgaria
In 2022, shipments abroad of silver jewelry decreased by -56.9% to 2 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 when exports increased by 92%. As a result, the exports reached the peak of 4.6 tons, and then contracted remarkably in the following year.
In value terms, silver jewelry exports fell to $7.3M in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 79% against the previous year. As a result, the exports reached the peak of $8.1M, and then declined in the following year.
Export of Silver Jewelry in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 589 | 1,054 | 1,922 | 1,235 | 28.0% |
Estonia | 61.2 | 23.2 | 3,659 | 692 | 124.4% |
Poland | 241 | 185 | 149 | 506 | 28.0% |
Netherlands | 202 | 356 | 175 | 498 | 35.1% |
Germany | 208 | 109 | 141 | 303 | 13.4% |
Denmark | 139 | 215 | 387 | 285 | 27.0% |
Czech Republic | 365 | 404 | 516 | 277 | -8.8% |
Hungary | 158 | 156 | 118 | 178 | 4.1% |
Romania | 48.9 | 72.7 | 41.2 | 124 | 36.4% |
United Arab Emirates | N/A | 0.3 | 0.1 | 38.4 | 1031.4% |
Austria | 52.1 | 26.4 | 20.9 | 22.2 | -24.8% |
South Korea | N/A | 232 | N/A | 0.1 | -97.9% |
Others | 1,021 | 1,701 | 985 | 3,168 | 45.9% |
Total | 3,086 | 4,534 | 8,114 | 7,326 | 33.4% |
Top Export Markets for Silver Jewelry from Bulgaria in 2022:
- Poland (346.0 kg)
- Netherlands (333.0 kg)
- Germany (296.0 kg)
- United Arab Emirates (182.0 kg)
- France (162.0 kg)
- Hungary (131.0 kg)
- Czech Republic (114.0 kg)
- Romania (113.0 kg)
- Austria (22.0 kg)
- Estonia (17.0 kg)
- Denmark (8.0 kg)
- South Korea (1.0 kg)
This report provides an in-depth analysis of the jewelry market in Bulgaria.
This report provides an in-depth analysis of the motorcycle and scooter market in Bulgaria.
This report provides an in-depth analysis of the market for motorcycle, scooter and side-car in Bulgaria.
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 jewelry market in Bulgaria.
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.
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.
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...