MERCOSUR: Market for Precious Metal-Clad Goldsmiths Articles of Base Metals 2024

Market Size for Precious Metal-Clad Goldsmiths Articles of Base Metals in MERCOSUR

In 2022, the MERCOSUR market for precious metal-clad goldsmiths articles of base metals increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, recorded a perceptible decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Precious Metal-Clad Goldsmiths Articles of Base Metals in MERCOSUR

In value terms, production of precious metal-clad goldsmiths articles of base metals contracted significantly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2021, and then reduced sharply in the following year.

Exports of Precious Metal-Clad Goldsmiths Articles of Base Metals

Exports in MERCOSUR

In 2022, after four years of growth, there was significant decline in shipments abroad of precious metal-clad goldsmiths articles of base metals, when their volume decreased by X% to X kg. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, exports of precious metal-clad goldsmiths articles of base metals shrank rapidly to $X in 2022. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

Brazil was the main exporter of precious metal-clad goldsmiths articles of base metals in MERCOSUR, with the volume of exports resulting at X kg, which was near X% of total exports in 2022. Peru (X kg) ranks second in terms of the total exports with a X% share, followed by Argentina (X%) and Chile (X%). Venezuela (X kg) and Colombia (X kg) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X) remains the largest precious metal-clad goldsmiths article of base metals supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. In the other countries, the average annual rates were as follows: Peru (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Imports of Precious Metal-Clad Goldsmiths Articles of Base Metals

Imports in MERCOSUR

Imports of precious metal-clad goldsmiths articles of base metals contracted slightly to X tons in 2022, with a decrease of X% against the previous year's figure. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of precious metal-clad goldsmiths articles of base metals reduced remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Peru (X tons) and Ecuador (X tons) prevails in metals structure, together constituting X% of total imports. It was distantly followed by Brazil (X kg), constituting a X% share of total imports. The following importers - Guyana (X kg), Venezuela (X kg), Argentina (X kg) and Uruguay (X kg) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X) constitutes the largest market for imported precious metal-clad goldsmiths articles of base metals in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Brazil, with an X% share.

In Ecuador, imports of precious metal-clad goldsmiths articles of base metals increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Brazil (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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