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

Contents:

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

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

The average export price for pearls; articles of natural or cultured pearlses stood at $123,667 per ton in 2022, growing by 1,853% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The export price peaked at $422,667 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($127,235 per ton), while the average price for exports to Canada stood at $63,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-10.5%).

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

The average import price for pearls; articles of natural or cultured pearlses stood at $97,625 per ton in 2022, with an increase of 38% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2015 an increase of 68% against the previous year. As a result, import price reached the peak level of $169,480 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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 -3.2% per year.

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

In 2022, exports of pearls; articles of natural or cultured pearlses from Cameroon surged to 18 kg, with an increase of 500% on 2021. In general, exports enjoyed a significant 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 skyrocketed to $2.2K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (17.0 kg)
2. Canada (1.0 kg)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of pearls; articles of natural or cultured pearlses, when their volume decreased by -27.3% to 16 kg. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 22 kg, and then reduced rapidly in the following year.

In value terms, imports of pearls; articles of natural or cultured pearlses amounted to $1.6K in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. China (16.0 kg)

Source: IndexBox Market Intelligence Platform