Price for Non-Silver Precious Metal Jewelry in Paraguay - 2024

Contents:

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

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

The average non-silver precious metal jewelry import price stood at $12,106,527 per ton in 2022, waning by -8.1% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 an increase of 91% against the previous year. The import price peaked at $13,534,395 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($50,214,643 per ton), while the price for Mexico ($47,875 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 States (+36.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average non-silver precious metal jewelry export price amounted to $4,236,667 per ton, which is down by -15.7% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 62%. As a result, the export price attained the peak level of $29,203 per kg. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($12,346,500 per ton), while the average price for exports to Chile ($32,000 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 Panama (-6.7%), while the prices for the other major destinations experienced a decline.

Imports of Non-Silver Precious Metal Jewelry in Paraguay

In 2022, approx. 110 kg of non-silver precious metal jewelry were imported into Paraguay; with an increase of 86% against the year before. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 181% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, non-silver precious metal jewelry imports surged to $1.3M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 438%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Non-Silver Precious Metal Jewelry in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.815.2299703234.4%
Italy47.94.515935995.7%
Brazil29.515.014817079.3%
China1.6N/A2.936.8184.4%
Spain5.63.926.327.269.4%
Panama2461.71.84.9-72.9%
India0.60.51.02.356.5%
BulgariaN/AN/AN/A2.20%
MexicoN/AN/AN/A0.40%
Thailand41.29.05.50.3-80.6%
Others46.094.613326.2-17.1%
Total4371457771,33245.0%

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

  1. Italy (40.0 kg)
  2. Spain (20.0 kg)
  3. United States (14.0 kg)
  4. China (9.0 kg)
  5. Brazil (8.0 kg)
  6. Mexico (8.0 kg)
  7. India (2.0 kg)
  8. Bulgaria (2.0 kg)
  9. Panama (1.0 kg)
  10. Thailand (1.0 kg)

Exports of Non-Silver Precious Metal Jewelry in Paraguay

In 2022, the amount of non-silver precious metal jewelry exported from Paraguay soared to 6 kg, with an increase of 20% against the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 25%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, non-silver precious metal jewelry exports amounted to $25K in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 4.8%. As a result, the exports reached the peak of $26K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Non-Silver Precious Metal Jewelry in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama23.75.524.424.71.4%
United States0.818.00.60.6-9.1%
Switzerland0.11.90.10.10.0%
SpainN/A0.4N/AN/A0%
ChileN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total24.525.725.125.41.2%

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

  1. Panama (2.0 kg)
  2. United States (1.0 kg)
  3. Switzerland (1.0 kg)
  4. Spain (1.0 kg)
  5. Chile (1.0 kg)

Source: IndexBox Market Intelligence Platform

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