Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore - 2022
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore (CIF) - 2022
The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $22,564 per ton in 2022, declining by -25.9% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 36%. The import price peaked at $30,684 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Malaysia ($30,463 per ton), while the price for China ($17,454 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.2%), 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 Singapore (FOB) - 2022
In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $111,318 per ton, rising by 67% against the previous year. Overall, the export price showed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Bangladesh ($182,100 per ton), while the average price for exports to Hong Kong SAR ($69,222 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 Indonesia (+8.6%), 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 Singapore
In 2022, approx. 72 tons of statuettes and other ornaments; of base metal plated with precious metals were imported into Singapore; growing by 148% against 2021 figures. In general, imports, however, recorded a abrupt decrease.
In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $1.6M in 2022. Over the period under review, imports, however, showed a perceptible setback.
| Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 371 | 352 | 349 | 739 | 25.8% |
| Malaysia | 1,214 | 336 | 211 | 486 | -26.3% |
| Hong Kong SAR | 46.1 | 12.8 | 10.7 | 120 | 37.6% |
| United States | 20.3 | 12.9 | 29.2 | 106 | 73.5% |
| India | 24.5 | 47.5 | 38.4 | 35.5 | 13.2% |
| Others | 201 | 46.9 | 243 | 133 | -12.9% |
| Total | 1,877 | 808 | 881 | 1,619 | -4.8% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Singapore in 2022:
- China (42.3 tons)
- Malaysia (16.0 tons)
- Hong Kong SAR (4.2 tons)
- United States (3.7 tons)
- India (1.3 tons)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore
In 2022, shipments abroad of statuettes and other ornaments; of base metal plated with precious metals was finally on the rise to reach 8.9 tons after two years of decline. Overall, exports, however, recorded a sharp shrinkage.
In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals skyrocketed to $987K in 2022. In general, exports, however, faced a abrupt setback.
| Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | N/A | 442 | 0% |
| Malaysia | 188 | 148 | 81.5 | 168 | -3.7% |
| Brunei Darussalam | 548 | 262 | 27.6 | 144 | -35.9% |
| Hong Kong SAR | N/A | 11.2 | 74.3 | 50.5 | 112.3% |
| South Korea | 0.2 | 10.2 | 2.4 | 34.3 | 455.6% |
| Thailand | 0.2 | 1.1 | 3.5 | 26.7 | 411.1% |
| India | N/A | 1.0 | 1.8 | 23.5 | 384.8% |
| Vietnam | 290 | 130 | 223 | 10.4 | -67.0% |
| Azerbaijan | N/A | 121 | N/A | N/A | 0% |
| Others | 366 | 111 | 101 | 88.0 | -37.8% |
| Total | 1,392 | 796 | 515 | 987 | -10.8% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Singapore in 2022:
- Bangladesh (2429.0 kg)
- Brunei Darussalam (2078.0 kg)
- Malaysia (1443.0 kg)
- Hong Kong SAR (730.0 kg)
- South Korea (495.0 kg)
- Thailand (385.0 kg)
- India (339.0 kg)
- Vietnam (81.0 kg)
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