Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan - 2023
Contents:
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan (CIF) - 2022
- Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan (FOB) - 2022
- Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan
- Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan
Price for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan (CIF) - 2022
The average import price for statuettes and other ornaments; of base metal plated with precious metals stood at $29,395 per ton in 2022, which is down by -17.7% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 197% against the previous year. The import price peaked at $77,041 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($130,667 per ton), while the price for China ($10,946 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+49.8%), 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 Azerbaijan (FOB) - 2022
In 2022, the average export price for statuettes and other ornaments; of base metal plated with precious metals amounted to $7,057 per ton, dropping by -12.3% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 112% against the previous year. As a result, the export price reached the peak level of $17,667 per ton. From 2018 to 2022, the average export prices remained at a 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 Qatar ($10,410 per ton), while the average price for exports to Portugal ($2,647 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 Qatar (+13.7%), while the prices for the other major destinations experienced a decline.
Imports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan
In 2022, the amount of statuettes and other ornaments; of base metal plated with precious metals imported into Azerbaijan declined rapidly to 2.6 tons, which is down by -23.4% compared with the year before. In general, imports recorded a sharp descent. The smallest decline of -2.2% was in 2020.
In value terms, imports of statuettes and other ornaments; of base metal plated with precious metals dropped markedly to $76K in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 93% against the previous year. As a result, imports reached the peak of $120K, and then dropped significantly in the following year.
| Import of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 51.9 | 8.7 | 59.0 | 29.6 | -17.1% |
| Russia | 4.0 | 2.1 | 31.2 | 17.6 | 63.9% |
| United States | 9.7 | 2.2 | 10.3 | 15.1 | 15.9% |
| Thailand | N/A | N/A | N/A | 5.5 | 0% |
| China | 2.2 | 0.7 | 2.0 | 3.3 | 14.5% |
| Italy | 0.4 | 0.1 | 1.0 | 1.3 | 48.1% |
| India | 2.0 | 0.2 | 0.5 | 0.7 | -29.5% |
| Switzerland | 12.2 | 1.7 | 7.4 | N/A | -22.1% |
| France | 5.1 | 0.6 | 2.5 | N/A | -30.0% |
| Singapore | N/A | 44.0 | N/A | N/A | 0% |
| Iran | 1.1 | 0.1 | N/A | N/A | -90.9% |
| Ukraine | 12.6 | 1.3 | 4.2 | N/A | -42.3% |
| Others | 8.0 | 0.8 | 2.3 | 2.9 | -28.7% |
| Total | 109 | 62.4 | 120 | 75.9 | -11.4% |
Top Suppliers of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal to Azerbaijan in 2022:
- United States (1144.0 kg)
- Spain (521.0 kg)
- Thailand (351.0 kg)
- China (299.0 kg)
- Russia (135.0 kg)
- Italy (91.0 kg)
- India (23.0 kg)
Exports of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan
In 2022, approx. 193 kg of statuettes and other ornaments; of base metal plated with precious metals were exported from Azerbaijan; which is down by -39.3% compared with the previous year. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,078% against the previous year. As a result, the exports reached the peak of 318 kg, and then shrank rapidly in the following year.
In value terms, exports of statuettes and other ornaments; of base metal plated with precious metals reduced sharply to $1.4K in 2022. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,451%. As a result, the exports reached the peak of $2.6K, and then reduced notably in the following year.
| Export of Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 93.0 | 66.0 | 2,147 | 1,041 | 123.7% |
| Switzerland | N/A | N/A | N/A | 173 | 0% |
| Kazakhstan | 208 | 16.0 | 265 | 67.0 | -31.5% |
| Portugal | N/A | N/A | N/A | 45.0 | 0% |
| United States | 26.0 | 22.0 | 65.0 | 19.0 | -9.9% |
| South Korea | 104 | N/A | N/A | N/A | 0% |
| Colombia | 121 | N/A | N/A | N/A | 0% |
| Others | 152 | 61.0 | 82.0 | 17.0 | -51.8% |
| Total | 704 | 165 | 2,559 | 1,362 | 24.6% |
Top Export Markets for Statuettes and Other Ornaments; of Base Metal Plated with Precious Metal from Azerbaijan in 2022:
- Qatar (100.0 kg)
- Switzerland (55.0 kg)
- Portugal (17.0 kg)
- Kazakhstan (13.0 kg)
- United States (4.0 kg)
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