Price for Pearls; Articles of Natural or Cultured Pearls in Algeria - 2022

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

The average import price for pearls; articles of natural or cultured pearlses stood at $23,816 per ton in 2022, waning by -28.7% against the previous year. Overall, the import price faced a dramatic shrinkage. The pace of growth was the most pronounced in 2018 an increase of 355% against the previous year. As a result, import price attained the peak level of $414,624 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -22.8% per year.

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

In 2022, supplies from abroad of pearls; articles of natural or cultured pearlses decreased by -2.4% to 413 kg, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 41%. As a result, imports reached the peak of 492 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pearls; articles of natural or cultured pearlses fell remarkably to $9.8K in 2022. In general, imports showed a precipitous curtailment. The smallest decline of -30.4% was in 2021.