Report Update Nov 1, 2024

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

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United Arab Emirates: Silversmiths Ware Market 2022

Silversmiths Ware Exports

Exports from the United Arab Emirates

In 2021, the amount of articles of goldsmiths’ or silversmiths’ wares of silver exported from the United Arab Emirates soared to X tons, rising by X% against 2020 figures. In general, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, silversmiths ware exports soared to $X in 2021. Over the period under review, exports, however, faced a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for silversmiths ware exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, silversmiths ware exports to Denmark exceeded the volume sent to the second major destination, Switzerland (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-X% per year) and New Zealand (+X% per year).

In value terms, Denmark ($X), Switzerland ($X) and New Zealand ($X) appeared to be the largest markets for silversmiths ware exported from the United Arab Emirates worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, New Zealand, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average silversmiths ware export price stood at $X per kg in 2021, dropping by -X% against the previous year. Overall, the export price recorded a deep setback. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per kg), while the average price for exports to New Zealand ($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 New Zealand (+X%), while the prices for the other major destinations experienced a decline.

Silversmiths Ware Imports

Imports into the United Arab Emirates

In 2021, imports of articles of goldsmiths’ or silversmiths’ wares of silver into the United Arab Emirates skyrocketed to X tons, picking up by X% on the previous year. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, silversmiths ware imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest silversmiths ware supplier to the United Arab Emirates, with a X% share of total imports. Moreover, silversmiths ware imports from India exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Egypt (X% per year).

In value terms, India ($X) constituted the largest supplier of silversmiths ware to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Egypt (X% per year).

Import Prices by Country

The average silversmiths ware import price stood at $X per ton in 2021, which is down by -X% against the previous year. In general, the import price, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (X%), 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’ or silversmiths’ wares of silver in the world?

Italy constituted the country with the largest volume of silversmiths ware consumption, 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?

Italy constituted the country with the largest volume of silversmiths ware production, comprising approx. 35% of total volume. Moreover, silversmiths ware production in Italy exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by India, with a 5.8% share.

What are the leading suppliers of articles of goldsmiths’ or silversmiths’ wares of silver to the United Arab Emirates?

In value terms, India constituted the largest supplier of silversmiths ware to the United Arab Emirates, comprising 61% of total imports. The second position in the ranking was occupied by the UK, with a 28% share of total imports.

What are the leading importers of articles of goldsmiths’ or silversmiths’ wares of silver from the United Arab Emirates?

In value terms, Denmark, Switzerland and New Zealand appeared to be the largest markets for silversmiths ware exported from the United Arab Emirates worldwide, with a combined 93% share of total exports.

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

In 2021, the average silversmiths ware export price amounted to $265 per kg, shrinking by -47.3% against the previous year.

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

In 2021, the average silversmiths ware import price amounted to $433,082 per ton, declining by -13.5% against the previous year.

This report provides an in-depth analysis of the silversmiths ware market in the United Arab Emirates. 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:

United Arab Emirates

Data coverage:

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