Report Update Nov 1, 2024

China - Articles of Goldsmiths’ or Silversmiths’ Wares of Silver - Market Analysis, Forecast, Size, Trends and Insights

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China: Silversmiths Ware Market 2022

Silversmiths Ware Exports

Exports from China

In 2021, shipments abroad of articles of goldsmiths’ or silversmiths’ wares of silver increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, silversmiths ware exports contracted sharply to $X in 2021. Over the period under review, exports saw a mild increase. The pace of growth appeared the most rapid in 2020 with an increase of X% y-o-y. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Panama (X tons), Belgium (X tons) and Norway (X tons) were the main destinations of silversmiths ware exports from China, together accounting for X% of total exports. These countries were followed by Austria, the UK, Singapore, Slovakia, Italy, South Korea, Germany, Sweden, India and Hong Kong SAR, which together accounted for a further X 2012 to 2021, the biggest increases were in Austria (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) emerged as the key foreign market for silversmiths ware exports from China, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with an X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average silversmiths ware export price stood at $X per kg in 2021, declining by -X% against the previous year. Overall, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% y-o-y. As a result, the export price attained the peak level of $X per kg, and then fell markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per kg), while the average price for exports to Panama ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Silversmiths Ware Imports

Imports into China

In 2021, after four years of growth, there was significant decline in supplies from abroad of articles of goldsmiths’ or silversmiths’ wares of silver, when their volume decreased by -X% to X kg. Over the period under review, imports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, silversmiths ware imports rose significantly to $X in 2021. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X kg) constituted the largest silversmiths ware supplier to China, accounting for a X% share of total imports. Moreover, silversmiths ware imports from France exceeded the figures recorded by the second-largest supplier, the United States (X kg), fivefold. The third position in this ranking was occupied by Italy (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Italy (-X% per year).

In value terms, the largest silversmiths ware suppliers to China were Japan ($X), Hong Kong SAR ($X) and France ($X), together accounting for X% of total imports.

Among the main suppliers, Hong Kong SAR, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silversmiths ware import price stood at $X per kg in 2021, with an increase of X% against the previous year. Overall, the import price showed significant growth. Over the period under review, average import prices hit record highs at $X per kg in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per kg), while the price for Taiwan (Chinese) ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of goldsmiths’ or silversmiths’ wares of silver in the world?

The country with the largest volume of silversmiths ware consumption was Italy, comprising approx. 32% of total volume. Moreover, silversmiths ware consumption in Italy exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by the United States, with a 5.3% share.

What are the largest producers of articles of goldsmiths’ or silversmiths’ wares of silver in the world?

The country with the largest volume of silversmiths ware production was Italy, accounting for 35% of total volume. Moreover, silversmiths ware production in Italy exceeded the figures recorded by the second-largest producer, China, twofold. India ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of articles of goldsmiths’ or silversmiths’ wares of silver to China?

In value terms, Japan, Hong Kong SAR and France constituted the largest silversmiths ware suppliers to China, with a combined 75% share of total imports.

What are the leading importers of articles of goldsmiths’ or silversmiths’ wares of silver from China?

In value terms, Austria emerged as the key foreign market for silversmiths ware exports from China, comprising 23% of total exports. The second position in the ranking was occupied by Germany, with an 8.9% share of total exports. It was followed by Belgium, with a 7.2% share.

What is the average export price for articles of goldsmiths’ or silversmiths’ wares of silver in China?

The average silversmiths ware export price stood at $932 per kg in 2021, falling by -76.1% against the previous year.

What is the average import price for articles of goldsmiths’ or silversmiths’ wares of silver in China?

In 2021, the average silversmiths ware import price amounted to $3,666 per kg, jumping by 1,504% against the previous year.

This report provides an in-depth analysis of the silversmiths ware market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 32121351 - Articles of goldsmiths

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023