Report Update Nov 1, 2024

South Africa - Articles of Goldsmiths’ Wares of Base Metal Clad With Precious Metal - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Market for Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal 2024

Market Size for Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal in South Africa

The South African market for articles of goldsmiths’ wares of base metal clad with precious metal fell modestly to $X in 2022, with a decrease of -2.1% against the previous year. Overall, consumption, however, recorded a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal in South Africa

In value terms, production of articles of goldsmiths’ wares of base metal clad with precious metal shrank slightly to $X in 2022 estimated in export price. In general, production, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 31%. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal

Exports by Country

In value terms, Namibia ($X) remains the key foreign market for articles of goldsmiths’ wares of base metal clad with precious metal exports from South Africa, comprising 52% of total exports. The second position in the ranking was taken by the UK ($X), with a 22% share of total exports. It was followed by the United Arab Emirates, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value to Namibia amounted to +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+69.4% per year) and the United Arab Emirates (+14.6% per year).

Export Prices by Country

The average export price for articles of goldsmiths’ wares of base metal clad with precious metal stood at $X per ton in 2022, jumping by 144% against the previous year. In general, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2014 an increase of 192% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Swaziland ($X 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 the UK (+45.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal

Imports by Country

India (X kg), the UK (X kg) and China (X kg) were the main suppliers of imports of articles of goldsmiths’ wares of base metal clad with precious metal to South Africa, together comprising 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +4.7%), while purchases for the other leaders experienced a decline.

In value terms, the UK ($X) constituted the largest supplier of articles of goldsmiths’ wares of base metal clad with precious metal to South Africa, comprising 85% of total imports. The second position in the ranking was taken by India ($X), with a 10% share of total imports. It was followed by the United States, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-12.1% per year) and the United States (-23.0% per year).

Import Prices by Country

In 2022, the average import price for articles of goldsmiths’ wares of base metal clad with precious metal amounted to $X per ton, shrinking by -23.1% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2020 an increase of 218%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($X per ton), while the price for China ($X 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 (+10.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of goldsmiths’ wares of base metal clad with precious metal in the world?

The countries with the highest volumes of consumption of articles of goldsmiths’ wares of base metal clad with precious metal in 2020 were Italy, China and Romania, with a combined 43% share of global consumption.

What are the largest producers of articles of goldsmiths’ wares of base metal clad with precious metal in the world?

The countries with the highest volumes of production of articles of goldsmiths’ wares of base metal clad with precious metal in 2020 were Italy, China and Romania, together accounting for 44% of global production.

What are the leading suppliers of articles of goldsmiths’ wares of base metal clad with precious metal to South Africa?

In value terms, the United States constituted the largest supplier of ware of metal clad with precious metal to South Africa, comprising 55% of total imports. The second position in the ranking was occupied by the UK, with a 27% share of total imports. It was followed by China, with a 9.3% share.

What are the leading importers of articles of goldsmiths’ wares of base metal clad with precious metal from South Africa?

In value terms, the largest markets for ware of metal clad with precious metal exported from South Africa were the United States, Botswana and Namibia, together comprising 88% of total exports.

What is the average export price for articles of goldsmiths’ wares of base metal clad with precious metal in South Africa?

The average export price for articles of goldsmiths’ wares of base metal clad with precious metal stood at $34,474 per ton in 2020, jumping by 37% against the previous year.

What is the average import price for articles of goldsmiths’ wares of base metal clad with precious metal in South Africa?

The average import price for articles of goldsmiths’ wares of base metal clad with precious metal stood at $181,656 per ton in 2020, rising by 194% against the previous year.

This report provides an in-depth analysis of the market for precious metal-clad goldsmiths ware articles of base metals in South Africa. 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 2030.

Product coverage:

Prodcom 32121355 - Articles of goldsmiths

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
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