Price for Non-Silver Precious Metal Jewelry in Kazakhstan - 2021

Contents:

  1. Price for Non-Silver Precious Metal Jewelry in Kazakhstan (CIF) - 2022
  2. Price for Non-Silver Precious Metal Jewelry in Kazakhstan (FOB) - 2022
  3. Imports of Non-Silver Precious Metal Jewelry in Kazakhstan
  4. Exports of Non-Silver Precious Metal Jewelry in Kazakhstan

Price for Non-Silver Precious Metal Jewelry in Kazakhstan (CIF) - 2022

The average non-silver precious metal jewelry import price stood at $67,353,150 per ton in 2022, rising by 29% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-silver precious metal jewelry import price increased by +77.6% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($583,359,440 per ton), while the price for Russia ($32,509,256 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 (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Non-Silver Precious Metal Jewelry in Kazakhstan (FOB) - 2022

The average non-silver precious metal jewelry export price stood at $51,321,933 per ton in 2022, with an increase of 123% against the previous year. In general, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($52,209,718 per ton), while the average price for exports to Switzerland ($7,151,000 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 the Czech Republic (+666.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Silver Precious Metal Jewelry in Kazakhstan

In 2022, approx. 1.4 tons of non-silver precious metal jewelry were imported into Kazakhstan; dropping by -15.5% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of 1.7 tons, and then declined rapidly in the following year.

In value terms, non-silver precious metal jewelry imports expanded markedly to $94M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Non-Silver Precious Metal Jewelry in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia25.727.147.140.316.2%
France0.81.61.414.6163.3%
Italy3.83.26.813.251.4%
United Arab Emirates5.16.715.00.7-48.4%
Others11.313.116.025.431.0%
Total46.751.786.494.226.4%

Top Suppliers of Non-Silver Precious Metal Jewelry to Kazakhstan in 2022:

  1. Russia (1239.0 kg)
  2. Italy (67.0 kg)
  3. France (25.0 kg)
  4. United Arab Emirates (2.0 kg)

Exports of Non-Silver Precious Metal Jewelry in Kazakhstan

Non-silver precious metal jewelry exports from Kazakhstan dropped rapidly to 104 kg in 2022, waning by -90.5% against 2021. In general, exports saw a significant decline. The smallest decline of -37.3% was in 2020.

In value terms, non-silver precious metal jewelry exports declined significantly to $5.3M in 2022. Over the period under review, exports recorded a sharp reduction. The smallest decline of -34.9% was in 2020.

Export of Non-Silver Precious Metal Jewelry in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A0.20.94.1352.8%
TurkeyN/A0.70.10.6-7.4%
EstoniaN/AN/AN/A0.20%
LatviaN/AN/AN/A0.10%
GermanyN/AN/AN/A0.10%
TajikistanN/AN/A1.2N/A0%
Switzerland82.752.922.6N/A-47.7%
OthersN/AN/A0.30.30.0%
Total82.753.825.15.3-60.0%

Top Export Markets for Non-Silver Precious Metal Jewelry from Kazakhstan in 2022:

  1. Russia (78.0 kg)
  2. Turkey (13.0 kg)
  3. Estonia (4.0 kg)
  4. Latvia (3.0 kg)
  5. Germany (2.0 kg)
  6. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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