Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Belgium - 2023

Contents:

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

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

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $16,328 per ton, surging by 42% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for statuettes and other ornaments; of base metal plated with precious metals increased by +94.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $16,524 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($17,748 per ton), while the price for the Netherlands ($5,707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), 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 Belgium (FOB) - 2022

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $15,315 per ton in 2022, surging by 4.2% against the previous year. Over the period under review, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2019 an increase of 44% against the previous year. As a result, the export price reached the peak level of $21,225 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($233,517 per ton), while the average price for exports to Germany ($9,647 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 United States (+25.8%), 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 Belgium

After three years of growth, overseas purchases of statuettes and other ornaments; of base metal plated with precious metals decreased by -24.3% to 70 tons in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year.

In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals rose sharply to $1.1M in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 60%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. China (36.0 tons)
2. France (17.6 tons)
3. Netherlands (7.4 tons)
4. Kenya (4.7 tons)
5. India (1.6 tons)
6. Germany (1.1 tons)

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

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals exported from Belgium rose modestly to 33 tons, with an increase of 2.8% compared with 2021 figures. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 87%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals totaled $503K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 22%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. France (17.4 tons)
2. Germany (6.5 tons)
3. Poland (3.6 tons)
4. Hong Kong SAR (1.4 tons)
5. Italy (1.3 tons)
6. Switzerland (0.6 tons)
7. United Kingdom (0.4 tons)

Source: IndexBox Market Intelligence Platform