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

Contents:

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

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

The average export price for statuettes and other ornaments; of base metal plated with precious metals stood at $48,422 per ton in 2022, flattening at the previous year. In general, the export price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 403%. Over the period under review, the average export prices reached the peak figure at $48,844 per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($68,450 per ton), while the average price for exports to Germany ($7,500 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 Italy (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $43,687 per ton in 2022, growing by 58% against the previous year. Overall, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 157% against the previous year. As a result, import price reached the peak level of $80,273 per ton. From 2016 to 2022, the average import prices remained 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 Russia ($84,050 per ton), while the price for China ($17,469 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+27.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of statuettes and other ornaments; of base metal plated with precious metals from Serbia surged to 6.6 tons, picking up by 60% on the year before. Over the period under review, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 73% against the previous year. As a result, the exports attained the peak of 7.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals soared to $320K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. As a result, the exports reached the peak 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 Serbia in 2022:

1. Romania (5778.0 kg)
2. Bosnia and Herzegovina (342.0 kg)
3. Moldova (218.0 kg)
4. Croatia (104.0 kg)
5. Germany (102.0 kg)
6. Montenegro (20.0 kg)

Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Serbia

In 2022, imports of statuettes and other ornaments; of base metal plated with precious metals into Serbia skyrocketed to 2.4 tons, with an increase of 142% on 2021. Overall, imports continue to indicate significant growth. 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 surged to $105K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (1230.0 kg)
2. Russia (701.0 kg)
3. Austria (259.0 kg)
4. Greece (107.0 kg)
5. India (67.0 kg)
6. Italy (19.0 kg)

Source: IndexBox Market Intelligence Platform