Tunisia: Market for Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver 2024

Market Size for Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver in Tunisia

The Tunisian market for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver shrank to $X in 2022, waning by -6.4% against the previous year. Over the period under review, consumption continues to indicate a abrupt decrease. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver in Tunisia

In value terms, production of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver shrank rapidly to less than $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 97% against the previous year. Production of peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver

Exports from Tunisia

Exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver from Tunisia reduced remarkably to X kg in 2022, dropping by -60% compared with the previous year's figure. Over the period under review, exports showed a noticeable downturn. The pace of growth was the most pronounced in 2016 when exports increased by 200%. As a result, the exports reached the peak of X kg. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver fell significantly to $X in 2022. In general, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 3,782%. Over the period under review, the exports of reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for exports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver from Tunisia, with a approx. 50% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to France totaled -10.4%.

In value terms, France ($X) also remains the key foreign market for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver exports from Tunisia.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to -39.4%.

Export Prices by Country

The average export price for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver stood at $X per kg in 2022, which is down by -98% against the previous year. Overall, the export price showed a significant curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,194%. Over the period under review, the average export prices hit record highs at $X per kg in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +46.5% per year.

Imports of Articles of Goldsmiths’ or Silversmiths’ Wares of Precious Metals other than Silver

Imports into Tunisia

In 2022, supplies from abroad of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver decreased by -33.3% to X kg, falling for the third year in a row after five years of growth. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2019 with an increase of 1,200% against the previous year. As a result, imports attained the peak of X kg. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver contracted to $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 75,900%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X kg) and Italy (X kg) were the main suppliers of imports of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver to Tunisia.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of 0.0%).

In value terms, Turkey ($X) constituted the largest supplier of articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver to Tunisia, comprising 98% of total imports. The second position in the ranking was held by Italy ($X), with a 1.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled -8.0%.

Import Prices by Country

In 2022, the average import price for articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver amounted to $X per kg, growing by 35% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 75,900% against the previous year. As a result, import price attained the peak level of $X per kg. From 2019 to 2022, the average import prices remained 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 Turkey ($X per kg), while the price for Italy amounted to $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.3%).

Source: IndexBox Platform