Price for Precious Metal-Clad Jewelry of Base Metals in Hungary - 2023
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Hungary (CIF) - 2022
- Price for Precious Metal-Clad Jewelry of Base Metals in Hungary (FOB) - 2022
- Imports of Precious Metal-Clad Jewelry of Base Metals in Hungary
- Exports of Precious Metal-Clad Jewelry of Base Metals in Hungary
Price for Precious Metal-Clad Jewelry of Base Metals in Hungary (CIF) - 2022
The average import price for base metal jewelry clad with precious metals stood at $352,663 per ton in 2022, growing by 69% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. Over the period under review, average import prices hit record highs at $1,041,710 per ton in 2012; however, from 2013 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 France ($1,828,133 per ton), while the price for Austria ($31,786 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Metal-Clad Jewelry of Base Metals in Hungary (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $205,063 per ton, increasing by 61% against the previous year. In general, the export price, however, recorded a slight contraction. The growth pace was the most rapid in 2013 when the average export price increased by 5,487%. Over the period under review, the average export prices attained the peak figure at $26,529,727 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($1,205,714 per ton), while the average price for exports to Slovakia ($121,141 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 Serbia (+278.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Metal-Clad Jewelry of Base Metals in Hungary
Imports of base metal jewelry clad with precious metals into Hungary dropped sharply to 332 kg in 2022, declining by -54.9% on 2021 figures. In general, imports saw a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 115%.
In value terms, imports of base metal jewelry clad with precious metals reduced sharply to $117K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. As a result, imports reached the peak of $153K, and then declined sharply in the following year.
| Import of Precious Metal-Clad Jewelry of Base Metals in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 34.3 | 37.6 | 9.6% |
| France | 18.5 | 28.2 | 39.3 | 27.4 | 14.0% |
| Slovakia | 0.8 | 0.4 | 9.1 | 12.7 | 151.3% |
| United States | 13.9 | 9.3 | 13.0 | 9.1 | -13.2% |
| China | 25.3 | 7.7 | 22.5 | 7.8 | -32.4% |
| Germany | 8.3 | 5.4 | 4.8 | 5.1 | -15.0% |
| Czech Republic | 1.6 | 0.6 | 3.5 | 4.6 | 42.2% |
| Poland | 0.5 | 0.3 | 6.0 | 2.1 | 61.3% |
| Austria | 0.5 | 0.6 | 0.8 | 0.4 | -7.2% |
| Thailand | 31.1 | 9.4 | 4.7 | 0.3 | -78.7% |
| Vietnam | 5.4 | 3.9 | 2.6 | N/A | -30.6% |
| Others | 11.6 | 4.5 | 12.6 | 9.9 | -5.1% |
| Total | 118 | 70.5 | 153 | 117 | -0.3% |
Top Suppliers of Precious Metal-Clad Jewelry of Base Metals to Hungary in 2022:
- China (77.0 kg)
- United States (57.0 kg)
- Italy (44.0 kg)
- Slovakia (28.0 kg)
- Poland (17.0 kg)
- Czech Republic (16.0 kg)
- France (15.0 kg)
- Austria (14.0 kg)
- Germany (5.0 kg)
- Thailand (2.0 kg)
Exports of Precious Metal-Clad Jewelry of Base Metals in Hungary
In 2022, after three years of growth, there was significant decline in shipments abroad of base metal jewelry clad with precious metals, when their volume decreased by -84.4% to 208 kg. In general, exports showed a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 258%.
In value terms, exports of base metal jewelry clad with precious metals dropped sharply to $43K in 2022. Over the period under review, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 218% against the previous year.
| Export of Precious Metal-Clad Jewelry of Base Metals in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 39.2 | 20.1 | 6.8 | 18.9 | -21.6% |
| Italy | 0.3 | N/A | 0.4 | 8.4 | 203.7% |
| Serbia | 0.2 | 0.2 | 3.7 | 7.8 | 239.1% |
| Czech Republic | 0.2 | 0.3 | 14.3 | 4.2 | 175.9% |
| France | 1.2 | 16.4 | 5.5 | 0.5 | -25.3% |
| Croatia | 0.8 | 77.7 | 135 | 0.3 | -27.9% |
| United Kingdom | 2.9 | 1.3 | N/A | N/A | -55.2% |
| Romania | 0.7 | 1.6 | N/A | N/A | 128.6% |
| Others | 1.8 | 32.4 | 4.5 | 2.6 | 13.0% |
| Total | 47.1 | 150 | 170 | 42.7 | -3.2% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Hungary in 2022:
- Slovakia (156.0 kg)
- Serbia (19.0 kg)
- Czech Republic (11.0 kg)
- Italy (7.0 kg)
- France (1.0 kg)
- United Kingdom (1.0 kg)
- Croatia (1.0 kg)
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