Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for statuettes and other ornaments; of base metal plated with precious metals amounted to $6,014 per ton, falling by -5.8% against the previous year. Overall, the import price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2015 an increase of 255% against the previous year. As a result, import price reached the peak level of $11,252 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($8,000 per ton), while the price for China totaled $5,917 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.3%).

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

In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $5,999 per ton, picking up by 9.7% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 46%. The export price peaked at $6,668 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($28,423 per ton), while the average price for exports to the Philippines ($762 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 Singapore (+17.5%), 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 Indonesia

In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals imported into Indonesia skyrocketed to 36 tons, with an increase of 84% on 2021 figures. In general, imports saw a tangible expansion. 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 $214K in 2022. Overall, imports showed a resilient increase. As a result, imports attained 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 Indonesia in 2022:

1. China (35.0 tons)

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

In 2022, shipments abroad of statuettes and other ornaments; of base metal plated with precious metals decreased by -37.8% to 28 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. As a result, the exports reached the peak of 49 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 fell remarkably to $168K in 2022. Overall, exports continue to indicate a slight curtailment. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year.

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

1. United Kingdom (5.6 tons)
2. France (3.8 tons)
3. Italy (2.3 tons)
4. Singapore (1.9 tons)
5. United States (1.8 tons)
6. Philippines (1.7 tons)
7. Germany (1.7 tons)
8. Spain (1.6 tons)
9. Greece (1.3 tons)
10. Fiji (1.3 tons)
11. Australia (0.9 tons)
12. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform