Thailand - Articles Of Goldsmiths’ Or Silversmiths’ Wares Of Silver - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Silver Goldsmiths Ware Articles in Thailand - 2023
Contents:
- Price for Silver Goldsmiths Ware Articles in Thailand (CIF) - 2022
- Price for Silver Goldsmiths Ware Articles in Thailand (FOB) - 2022
- Imports of Silver Goldsmiths Ware Articles in Thailand
- Exports of Silver Goldsmiths Ware Articles in Thailand
Price for Silver Goldsmiths Ware Articles in Thailand (CIF) - 2022
In 2022, the average silver goldsmiths ware articles import price amounted to $702,999 per ton, picking up by 16% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 170% against the previous year. As a result, import price attained the peak level of $1,063,591 per ton. From 2017 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 Germany ($3,552,200 per ton), while the price for the United Arab Emirates ($72,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silver Goldsmiths Ware Articles in Thailand (FOB) - 2022
In 2022, the average silver goldsmiths ware articles export price amounted to $370,554 per ton, with a decrease of -42.7% against the previous year. Overall, the export price recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of 50% against the previous year. Over the period under review, the average export prices hit record highs at $646,170 per ton in 2021, and then contracted markedly 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 Hong Kong SAR ($1,640,186 per ton), while the average price for exports to Belgium ($24,891 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 Croatia (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silver Goldsmiths Ware Articles in Thailand
In 2022, overseas purchases of articles of goldsmiths or silversmiths wares of silver decreased by -9.1% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of 1.3 tons, and then shrank in the following year.
In value terms, silver goldsmiths ware articles imports expanded notably to $806K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 20%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Silver Goldsmiths Ware Articles in Thailand (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 65.8 | 224 | 173 | 349 | 74.4% |
Italy | 203 | 222 | 266 | 201 | -0.3% |
Germany | 45.8 | 42.1 | 113 | 71.0 | 15.7% |
India | 90.8 | 39.0 | 32.1 | 59.1 | -13.3% |
Hong Kong SAR | 21.1 | 4.2 | 3.4 | 11.9 | -17.4% |
United States | 16.3 | 4.6 | 16.2 | 8.3 | -20.1% |
Israel | N/A | N/A | N/A | 7.7 | 0% |
China | 47.1 | 24.9 | 70.2 | 1.9 | -65.7% |
South Korea | N/A | 14.7 | 0.3 | N/A | -98.0% |
Austria | N/A | N/A | 11.7 | N/A | 0% |
Others | 49.4 | 69.4 | 77.7 | 94.9 | 24.3% |
Total | 539 | 645 | 764 | 806 | 14.4% |
Top Suppliers of Silver Goldsmiths Ware Articles to Thailand in 2022:
- Japan (579.0 kg)
- Italy (215.0 kg)
- India (77.0 kg)
- United States (70.0 kg)
- Hong Kong SAR (65.0 kg)
- Israel (22.0 kg)
- Germany (20.0 kg)
- China (17.0 kg)
- South Korea (1.0 kg)
Exports of Silver Goldsmiths Ware Articles in Thailand
Silver goldsmiths ware articles exports from Thailand surged to 1.7 tons in 2022, picking up by 83% against the year before. Over the period under review, exports, however, recorded a deep setback.
In value terms, silver goldsmiths ware articles exports expanded slightly to $623K in 2022. In general, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 7.2% against the previous year.
Export of Silver Goldsmiths Ware Articles in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 346 | 201 | 176 | 224 | -13.5% |
Croatia | 37.0 | 45.4 | 109 | 128 | 51.2% |
Hong Kong SAR | 6.8 | 48.9 | 12.2 | 96.8 | 142.4% |
Israel | N/A | N/A | N/A | 39.6 | 0% |
Greece | N/A | N/A | N/A | 16.4 | 0% |
United States | 63.8 | 64.4 | 36.1 | 15.0 | -38.3% |
Belgium | N/A | N/A | N/A | 8.9 | 0% |
Argentina | 32.4 | 5.1 | 2.3 | 7.6 | -38.3% |
Singapore | 2.2 | 1.0 | N/A | 6.7 | 44.9% |
Brazil | 0.5 | N/A | 5.6 | 4.3 | 104.9% |
United Arab Emirates | 63.7 | N/A | N/A | 0.3 | -83.2% |
Brunei Darussalam | 213 | N/A | N/A | N/A | 0% |
Myanmar | 26.2 | N/A | N/A | N/A | 0% |
Others | 249 | 188 | 252 | 76.2 | -32.6% |
Total | 1,040 | 554 | 594 | 623 | -15.7% |
Top Export Markets for Silver Goldsmiths Ware Articles from Thailand in 2022:
- United Kingdom (493.0 kg)
- Belgium (357.0 kg)
- Croatia (301.0 kg)
- Argentina (178.0 kg)
- Greece (59.0 kg)
- Hong Kong SAR (59.0 kg)
- Israel (38.0 kg)
- United States (33.0 kg)
- Brazil (31.0 kg)
- Singapore (29.0 kg)
- United Arab Emirates (2.0 kg)
This report provides an in-depth analysis of the market for silver goldsmiths non-jewelry article in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32121351 - Articles of goldsmiths
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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