Price for Precious Metal-Clad Jewelry of Base Metals in Myanmar - 2022
Contents:
- Price for Precious Metal-Clad Jewelry of Base Metals in Myanmar (FOB) - 2022
- Exports of Precious Metal-Clad Jewelry of Base Metals in Myanmar
Price for Precious Metal-Clad Jewelry of Base Metals in Myanmar (FOB) - 2022
In 2022, the average export price for base metal jewelry clad with precious metals amounted to $421,553 per ton, with an increase of 12% against the previous year. In general, the export price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 144% against the previous year. As a result, the export price attained the peak level of $2,041 per kg. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($569,000 per ton), while the average price for exports to Canada ($33,000 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 Thailand (+8.8%), while the prices for the other major destinations experienced a decline.
Exports of Precious Metal-Clad Jewelry of Base Metals in Myanmar
In 2022, the amount of base metal jewelry clad with precious metals exported from Myanmar reduced notably to 38 kg, waning by -44.1% against 2021. In general, exports faced a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 871%.
In value terms, exports of base metal jewelry clad with precious metals declined dramatically to $16K in 2022. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 303%.
| Export of Precious Metal-Clad Jewelry of Base Metals in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 25.1 | 0.3 | 25.1 | 14.1 | -17.5% |
| Thailand | 3.2 | 1.6 | 0.2 | 1.7 | -19.0% |
| Ireland | N/A | N/A | N/A | 0.1 | 0% |
| Japan | 16.3 | N/A | N/A | N/A | 0% |
| Canada | 0.4 | 0.4 | 0.3 | N/A | -13.4% |
| Others | N/A | 4.1 | 0.1 | N/A | -97.6% |
| Total | 45.0 | 6.4 | 25.7 | 16.0 | -29.2% |
Top Export Markets for Precious Metal-Clad Jewelry of Base Metals from Myanmar in 2022:
- Taiwan (Chinese) (33.0 kg)
- Thailand (3.0 kg)
- Canada (1.0 kg)
- Ireland (1.0 kg)
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