Price for Pearls; Articles of Natural or Cultured Pearls in Sweden - 2023

Contents:

  1. Price for Pearls; Articles of Natural or Cultured Pearls in Sweden (CIF) - 2022
  2. Price for Pearls; Articles of Natural or Cultured Pearls in Sweden (FOB) - 2022
  3. Imports of Pearls; Articles of Natural or Cultured Pearls in Sweden
  4. Exports of Pearls; Articles of Natural or Cultured Pearls in Sweden

Price for Pearls; Articles of Natural or Cultured Pearls in Sweden (CIF) - 2022

In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $654,075 per ton, picking up by 58% against the previous year. Overall, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 102% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Hong Kong SAR ($1,783,933 per ton), while the price for France ($247,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pearls; Articles of Natural or Cultured Pearls in Sweden (FOB) - 2022

In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $454,726 per ton, growing by 12% against the previous year. Over the period under review, the export price saw a notable increase. The most prominent rate of growth was recorded in 2018 an increase of 253%. Over the period under review, the average export prices attained the peak figure at $856,298 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,189,833 per ton), while the average price for exports to Canada ($37,000 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 Poland (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pearls; Articles of Natural or Cultured Pearls in Sweden

For the fourth consecutive year, Sweden recorded growth in supplies from abroad of pearls; articles of natural or cultured pearlses, which increased by 9.9% to 910 kg in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of pearls; articles of natural or cultured pearlses soared to $595K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pearls; Articles of Natural or Cultured Pearls in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20419321830514.3%
Germany37.413143.574.425.8%
United States3.47.68.327.3100.2%
Denmark2.45.815.027.0124.1%
TurkeyN/AN/A1.726.81476.5%
NorwayN/A0.10.618.01241.6%
NetherlandsN/A2.63.911.2107.5%
Poland10.35.56.910.1-0.7%
Others76.218.544.195.57.8%
Total33336434259521.3%

Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Sweden in 2022:

  1. China (586.0 kg)
  2. Denmark (105.0 kg)
  3. Turkey (43.0 kg)
  4. Norway (38.0 kg)
  5. United States (20.0 kg)
  6. Netherlands (19.0 kg)
  7. Poland (17.0 kg)
  8. Germany (15.0 kg)

Exports of Pearls; Articles of Natural or Cultured Pearls in Sweden

After two years of decline, shipments abroad of pearls; articles of natural or cultured pearlses increased by 129% to 252 kg in 2022. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pearls; articles of natural or cultured pearlses soared to $115K in 2022. Overall, exports, however, faced a abrupt decline.

Export of Pearls; Articles of Natural or Cultured Pearls in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway11228.322.267.9-15.4%
United Kingdom5.78.62.414.135.2%
Germany9.115.02.99.10.0%
Poland1.78.413.27.161.0%
Finland24.29.50.74.9-41.3%
ItalyN/AN/AN/A4.10%
United States0.8N/A0.21.626.0%
Others10.01.03.05.7-17.1%
Total16470.744.7115-11.2%

Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Sweden in 2022:

  1. Norway (148.0 kg)
  2. United Kingdom (44.0 kg)
  3. Germany (13.0 kg)
  4. Italy (9.0 kg)
  5. Finland (8.0 kg)
  6. Poland (6.0 kg)
  7. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform

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