Price for Pearls; Articles of Natural or Cultured Pearls in Chile - 2024

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

The average import price for pearls; articles of natural or cultured pearlses stood at $84,305 per ton in 2022, picking up by 31% against the previous year. Overall, the import price, however, faced a abrupt downturn. The import price peaked at $245,263 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($89,133 per ton), while the price for Spain ($52,620 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $243,000 per ton, which is down by -32.6% against the previous year. Over the period under review, the export price, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. The export price peaked at $597,500 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2015 to 2022, the rate of growth in terms of prices for Bolivia amounted to +20.3% per year.

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

Imports of pearls; articles of natural or cultured pearlses into Chile declined to 1.9 tons in 2022, reducing by -11.3% compared with the previous year. In general, imports, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 245% against the previous year. As a result, imports attained the peak of 2.1 tons, and then fell in the following year.

In value terms, imports of pearls; articles of natural or cultured pearlses surged to $160K in 2022. Overall, imports showed a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 126% against the previous year.

Import of Pearls; Articles of Natural or Cultured Pearls in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	58.2	22.6	74.0	116	25.8%
Spain	51.0	16.1	17.1	13.4	-36.0%
Hong Kong SAR	0.1	0.1	0.1	13.2	409.2%
Thailand	19.1	0.1	8.0	N/A	-35.3%
Others	44.1	21.7	37.8	17.1	-27.1%
Total	173	60.6	137	160	-2.6%

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

China (1302.0 kg)
Spain (255.0 kg)
Hong Kong SAR (207.0 kg)

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

In 2022, after two years of decline, there was significant decline in overseas shipments of pearls; articles of natural or cultured pearlses, when their volume decreased by -66.7% to 1 kg. Overall, exports recorded a sharp decrease.

In value terms, exports of pearls; articles of natural or cultured pearlses fell dramatically to $243 in 2022. In general, exports recorded a dramatic descent.