Price for Non-Silver Precious Metal Jewelry in Costa Rica - 2022
Contents:
- Price for Non-Silver Precious Metal Jewelry in Costa Rica (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Costa Rica (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Costa Rica
- Exports of Non-Silver Precious Metal Jewelry in Costa Rica
Price for Non-Silver Precious Metal Jewelry in Costa Rica (CIF) - 2022
In 2022, the average non-silver precious metal jewelry import price amounted to $4,468,420 per ton, declining by -25.8% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 21%. The import price peaked at $16,343,785 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Italy ($26,142,364 per ton), while the price for Thailand ($363,526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced a decline.
Price for Non-Silver Precious Metal Jewelry in Costa Rica (FOB) - 2022
The average non-silver precious metal jewelry export price stood at $7,962,097 per ton in 2022, shrinking by -74.7% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 61%. As a result, the export price attained the peak level of $40,529 per kg. From 2014 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 the United States ($35,246,700 per ton), while the average price for exports to Germany ($6,000 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 Antigua and Barbuda (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Non-Silver Precious Metal Jewelry in Costa Rica
In 2022, non-silver precious metal jewelry imports into Costa Rica soared to 919 kg, jumping by 80% against the previous year. In general, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry imports soared to $4.1M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year.
| Import of Non-Silver Precious Metal Jewelry in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,844 | 937 | 1,828 | 2,211 | 6.2% |
| Italy | 811 | 275 | 451 | 575 | -10.8% |
| China | 208 | 56.2 | 141 | 410 | 25.4% |
| Spain | 767 | 306 | 274 | 352 | -22.9% |
| India | 140 | 77.8 | 113 | 160 | 4.6% |
| Hong Kong SAR | 117 | 91.7 | 56.8 | 129 | 3.3% |
| Canada | N/A | 3.0 | 0.8 | 62.3 | 355.7% |
| Turkey | 43.9 | 31.7 | 30.8 | 31.4 | -10.6% |
| Panama | 24.7 | 21.4 | 9.9 | 5.7 | -38.7% |
| Austria | 60.4 | 14.1 | N/A | N/A | -76.7% |
| Others | 195 | 133 | 172 | 170 | -4.5% |
| Total | 4,211 | 1,946 | 3,079 | 4,106 | -0.8% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Costa Rica in 2022:
- China (280.0 kg)
- United States (257.0 kg)
- Canada (96.0 kg)
- Spain (95.0 kg)
- India (56.0 kg)
- Italy (22.0 kg)
- Hong Kong SAR (20.0 kg)
- Turkey (12.0 kg)
- Panama (12.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Costa Rica
In 2022, shipments abroad of non-silver precious metal jewelry decreased by -62.6% to 134 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports reached the peak of 377 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, non-silver precious metal jewelry exports declined notably to $1.1M in 2022. Overall, exports showed a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 9.1% against the previous year. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Non-Silver Precious Metal Jewelry in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | 11.6 | 11.1 | 1.1 | -52.9% |
| Nicaragua | N/A | N/A | N/A | N/A | 0% |
| Dominican Republic | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| Antigua and Barbuda | N/A | N/A | N/A | N/A | 0% |
| Panama | N/A | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Total | 10.8 | 11.8 | 11.3 | 1.1 | -53.3% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Costa Rica in 2022:
- United States (30.0 kg)
- Antigua and Barbuda (3.0 kg)
- Dominican Republic (3.0 kg)
- Mexico (1.0 kg)
- Panama (1.0 kg)
- Germany (1.0 kg)
- Nicaragua (1.0 kg)
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