Export price comparison

Mexico jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof export prices (HS6 711311)

Compare Mexico export unit values across reported markets, then see which destinations sit above, near, or below their market median.

MexicoHS6 71131167 reported marketsLatest price year 2023

Price spread

2,943%Highest versus lowest market price

Total trade value

$211.7MReported value across markets

Average quantity

1 tAverage reported market quantity

Markets compared

67Markets with price observations

Price snapshot

How does Mexico price jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof globally?

Mexico has a median reported export price of $1.0M/t across 67 markets. Across the reported period, the highest observed market price is $30.5M/t in India; the lowest is $10.6K/t in Republic of Korea.

Price range

From the lowest to highest reported price

Reported unit values are shown per metric ton. The range uses all reported market-year observations. The market comparison below shows the latest reported year for each destination.

Lowest
$10.6K/tRepublic of Korea
Median
$1.0M/t
Highest
$30.5M/tIndia

Highest observed

India

$30.5M/t

Premium

Lowest observed

Republic of Korea

$10.6K/t

Budget

Destination comparison

Latest prices and market change

Compare the latest reported price with each market median, then review year-over-year movement and change since the first reported year. Period totals use the reported years shown; missing years are not filled in.

USA, Puerto Rico and US Virgin Islands2023 · 2017–2023
Below
Latest price
$857.5K/t
Vs median
-44.5%
YoY (2022–2023)
-56.9%
Since 2017
-44.8%
Trade value (2017–2023)
$176.6M
Years reported
5
United Kingdom2023 · 2017–2023
Mid
Latest price
$1.7M/t
Vs median
+12.3%
YoY (2022–2023)
+29%
Since 2017
+213.5%
Trade value (2017–2023)
$7.5M
Years reported
5
Guatemala2023 · 2017–2023
Above
Latest price
$759.5K/t
Vs median
+191.5%
YoY (2022–2023)
+14.2%
Since 2017
+215.6%
Trade value (2017–2023)
$2.3M
Years reported
5
France2023 · 2017–2023
Above
Latest price
$1.6M/t
Vs median
+729.6%
YoY (2022–2023)
+16.2%
Since 2017
+57.8%
Trade value (2017–2023)
$2.9M
Years reported
5
Japan2023 · 2017–2023
Above
Latest price
$2.1M/t
Vs median
+45.9%
YoY (2022–2023)
+8.6%
Since 2017
+10%
Trade value (2017–2023)
$2.5M
Years reported
5
Canada2023 · 2019–2023
Mid
Latest price
$1.7M/t
Vs median
+7.2%
YoY (2020–2023)
+5.3%
Since 2019
+15.5%
Trade value (2019–2023)
$1.9M
Years reported
3
Colombia2023 · 2017–2023
Below
Latest price
$1.2M/t
Vs median
-34.8%
YoY (2022–2023)
+9.2%
Since 2017
+24.9%
Trade value (2017–2023)
$2.6M
Years reported
5
Germany2023 · 2017–2023
Mid
Latest price
$1.7M/t
Vs median
+0%
YoY (2022–2023)
+2.8%
Since 2017
+24.4%
Trade value (2017–2023)
$2.5M
Years reported
5
Australia2023 · 2019–2023
Mid
Latest price
$1.9M/t
Vs median
+6.3%
YoY (2020–2023)
+14%
Since 2019
+24.7%
Trade value (2019–2023)
$954.3K
Years reported
3
Ireland2023 · 2017–2023
Above
Latest price
$3.3M/t
Vs median
+814.3%
YoY (2022–2023)
-57.3%
Since 2017
+167.7%
Trade value (2017–2023)
$569.8K
Years reported
5
Chile2023 · 2017–2023
Below
Latest price
$234.1K/t
Vs median
-37.8%
YoY (2022–2023)
+1,248.3%
Since 2017
+284%
Trade value (2017–2023)
$2.6M
Years reported
5
Ecuador2022 · 2017–2022
Mid
Latest price
$871.3K/t
Vs median
-6.2%
YoY (2020–2022)
+11.9%
Since 2017
+82.5%
Trade value (2017–2022)
$704.9K
Years reported
4
Dominican Republic2023 · 2017–2023
Mid
Latest price
$899.7K/t
Vs median
-22.6%
YoY (2020–2023)
-13.2%
Since 2017
+27.1%
Trade value (2017–2023)
$259.0K
Years reported
4
Italy2023 · 2017–2023
Above
Latest price
$11.1M/t
Vs median
+598.7%
YoY (2022–2023)
+506%
Since 2017
+476.2%
Trade value (2017–2023)
$541.9K
Years reported
5
Turks and Caicos Islands2023 · 2023
Above
Latest price
$1.7M/t
Vs median
+82.8%
Year-over-year
Not reported
Since 2023
+0%
Trade value (2023)
$131.1K
Years reported
1
India2020 · 2020
Above
Latest price
$30.5M/t
Vs median
+1,897.7%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$61.0K
Years reported
1
Republic of Korea2019 · 2019
Below
Latest price
$10.6K/t
Vs median
-99%
Year-over-year
Not reported
Since 2019
+0%
Trade value (2019)
$85.0
Years reported
1
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2017–2023)Years reportedPosition
USA, Puerto Rico and US Virgin Islands2023$857.5K/t-44.5%-56.9%-44.8%$176.6M5Below
United Kingdom2023$1.7M/t+12.3%+29%+213.5%$7.5M5Mid
Guatemala2023$759.5K/t+191.5%+14.2%+215.6%$2.3M5Above
France2023$1.6M/t+729.6%+16.2%+57.8%$2.9M5Above
Japan2023$2.1M/t+45.9%+8.6%+10%$2.5M5Above
Canada2023$1.7M/t+7.2%+5.3%+15.5%$1.9M3Mid
Colombia2023$1.2M/t-34.8%+9.2%+24.9%$2.6M5Below
Germany2023$1.7M/t+0%+2.8%+24.4%$2.5M5Mid
Australia2023$1.9M/t+6.3%+14%+24.7%$954.3K3Mid
Ireland2023$3.3M/t+814.3%-57.3%+167.7%$569.8K5Above
Chile2023$234.1K/t-37.8%+1,248.3%+284%$2.6M5Below
Ecuador2022$871.3K/t-6.2%+11.9%+82.5%$704.9K4Mid
Dominican Republic2023$899.7K/t-22.6%-13.2%+27.1%$259.0K4Mid
Italy2023$11.1M/t+598.7%+506%+476.2%$541.9K5Above
Turks and Caicos Islands2023$1.7M/t+82.8%Not reported+0%$131.1K1Above
India2020$30.5M/t+1,897.7%Not reported+0%$61.0K1Above
Republic of Korea2019$10.6K/t-99%Not reported+0%$85.01Below

Annual trend and growth

How reported export prices changed by year

Weighted unit value is calculated from total reported trade value divided by total reported quantity for each year. Growth compares with the prior reported year; gaps are not interpolated.

20172017: $860.1K/t20192019: $1.0M/t20202020: $1.2M/t20222022: $975.9K/t20232023: $898.1K/t

Reported weighted unit value per metric ton

2017$860.1K/tFirst reported year
2019$1.0M/t+17.8% vs prior reported year
2020$1.2M/t+18.5% vs prior reported year
2022$975.9K/t-18.7% vs prior reported year
2023$898.1K/t-8% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$860.1K/tNot reported$39.2M41
2019$1.0M/t+17.8%$41.4M52
2020$1.2M/t+18.5%$34.8M49
2022$975.9K/t-18.7%$47.3M40
2023$898.1K/t-8%$49.0M51

Price history

How selected market prices changed over time

Recent reported unit values for the leading markets in this price view.

USA, Puerto Rico and US Virgin Islands

Budget

$857.5K/t latest reported unit value

United Kingdom

Mid

$1.7M/t latest reported unit value

Guatemala

Premium

$759.5K/t latest reported unit value

France

Premium

$1.6M/t latest reported unit value

Japan

Premium

$2.1M/t latest reported unit value

Interpretation

Use price position with context

How to read this comparison

Where does the exporter sit in the price range?

Mexico is compared with each market's own median rather than a single global average. A below-median position can indicate a lower observed unit value, while an above-median position indicates a higher one. Neither position alone establishes profitability.

Methodology and coverage

From reported trade to market position

The page turns reported trade into a comparable unit value, then compares each market with its own median.

01

Reported input

Unit value

For each market and year, trade value is divided by the reported quantity.

Unit valueTrade value (USD) ÷ Quantity (metric tons)
02

Market comparison

Vs market median

The result is compared with the median reported unit value for the same product and year.

Vs median(Market unit value Market median) ÷ Market median × 100
AboveMidBelow

Common questions

Price positioning FAQ

What does Mexico price positioning show for HS 711311?

It compares Mexico's reported unit values across markets with each market's median for the same product and year.

What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

Can I compare this with the wider Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

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