Price for Non-Silver Precious Metal Jewelry in Ireland - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Ireland (FOB) - 2023
- Price for Non-Silver Precious Metal Jewelry in Ireland (CIF) - 2022
- Exports of Non-Silver Precious Metal Jewelry in Ireland
- Imports of Non-Silver Precious Metal Jewelry in Ireland
Price for Non-Silver Precious Metal Jewelry in Ireland (FOB) - 2023
In July 2023, the average non-silver precious metal jewelry export price amounted to $18.1M per ton, reducing by -9.8% against the previous month. Over the period under review, the export price, however, recorded noticeable growth. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 272% against the previous month. As a result, the export price attained the peak level of $42,136 per kg; afterwards, it flattened through to July 2023.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was China ($240M per ton), while the average price for exports to Germany ($1.9M per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Ireland (CIF) - 2022
The average non-silver precious metal jewelry import price stood at $12,181,409 per ton in 2022, which is down by -18.4% against the previous year. In general, the import price, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 an increase of 229% against the previous year. As a result, import price reached the peak level of $14,926 per kg, and then dropped significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($27,247,474 per ton), while the price for China ($1,118,954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Silver Precious Metal Jewelry in Ireland
Non-silver precious metal jewelry exports from Ireland soared to 255 tons in 2022, increasing by 315% against 2021. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 693%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, non-silver precious metal jewelry exports dropped slightly to $1B in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 605%.
| Export of Non-Silver Precious Metal Jewelry in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.2 | 210 | N/A | 273 | 151.3% |
| United States | 5.7 | 29.9 | N/A | 74.2 | 135.2% |
| Italy | 3.4 | 32.4 | N/A | 54.3 | 151.8% |
| United Kingdom | 23.3 | 26.1 | N/A | 32.4 | 11.6% |
| Germany | 3.7 | 11.3 | N/A | 15.2 | 60.2% |
| Spain | 3.6 | 12.6 | N/A | 12.9 | 53.0% |
| Others | 42.5 | 378 | 1,090 | 580 | 139.0% |
| Total | 99.3 | 700 | 1,090 | 1,042 | 118.9% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Ireland in 2022:
- China (183.5 tons)
- Italy (20.0 tons)
- United States (10.7 tons)
- Germany (8.5 tons)
- Spain (6.4 tons)
- United Kingdom (2.2 tons)
Imports of Non-Silver Precious Metal Jewelry in Ireland
In 2022, approx. 49 tons of non-silver precious metal jewelry were imported into Ireland; picking up by 8% against 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, imports reached the peak of 105 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, non-silver precious metal jewelry imports shrank to $598M in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 226% against the previous year.
| Import of Non-Silver Precious Metal Jewelry in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 102 | 344 | N/A | 490 | 68.7% |
| United Kingdom | 24.2 | 19.2 | N/A | 34.0 | 12.0% |
| United States | 6.6 | 7.3 | N/A | 14.6 | 30.3% |
| India | 1.5 | 1.6 | N/A | 8.3 | 76.9% |
| China | 3.3 | 2.0 | N/A | 5.3 | 17.1% |
| United Arab Emirates | 0.3 | 0.3 | 679 | 1.0 | 49.4% |
| Others | 9.2 | 104 | N/A | 44.8 | 69.5% |
| Total | 147 | 479 | 679 | 598 | 59.6% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Ireland in 2022:
- United Arab Emirates (undefined tons)
- Italy (25.9 tons)
- United Kingdom (10.3 tons)
- China (4.7 tons)
- United States (3.1 tons)
- India (0.9 tons)
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