Price for Non-Silver Precious Metal Jewelry in Paraguay - 2024
Contents:
- Price for Non-Silver Precious Metal Jewelry in Paraguay (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Paraguay (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Paraguay
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.8 | 15.2 | 299 | 703 | 234.4% |
Italy | 47.9 | 4.5 | 159 | 359 | 95.7% |
Brazil | 29.5 | 15.0 | 148 | 170 | 79.3% |
China | 1.6 | N/A | 2.9 | 36.8 | 184.4% |
Spain | 5.6 | 3.9 | 26.3 | 27.2 | 69.4% |
Panama | 246 | 1.7 | 1.8 | 4.9 | -72.9% |
India | 0.6 | 0.5 | 1.0 | 2.3 | 56.5% |
Bulgaria | N/A | N/A | N/A | 2.2 | 0% |
Mexico | N/A | N/A | N/A | 0.4 | 0% |
Thailand | 41.2 | 9.0 | 5.5 | 0.3 | -80.6% |
Others | 46.0 | 94.6 | 133 | 26.2 | -17.1% |
Total | 437 | 145 | 777 | 1,332 | 45.0% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Paraguay in 2022:
- Italy (40.0 kg)
- Spain (20.0 kg)
- United States (14.0 kg)
- China (9.0 kg)
- Brazil (8.0 kg)
- Mexico (8.0 kg)
- India (2.0 kg)
- Bulgaria (2.0 kg)
- Panama (1.0 kg)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Panama | 23.7 | 5.5 | 24.4 | 24.7 | 1.4% |
United States | 0.8 | 18.0 | 0.6 | 0.6 | -9.1% |
Switzerland | 0.1 | 1.9 | 0.1 | 0.1 | 0.0% |
Spain | N/A | 0.4 | N/A | N/A | 0% |
Chile | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 24.5 | 25.7 | 25.1 | 25.4 | 1.2% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Paraguay in 2022:
- Panama (2.0 kg)
- United States (1.0 kg)
- Switzerland (1.0 kg)
- Spain (1.0 kg)
- Chile (1.0 kg)
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