Price for Pearls; Articles of Natural or Cultured Pearls in China - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in China (FOB) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in China (CIF) - 2022
- Exports of Pearls; Articles of Natural or Cultured Pearls in China
- Imports of Pearls; Articles of Natural or Cultured Pearls in China
Price for Pearls; Articles of Natural or Cultured Pearls in China (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $98,799 per ton in 2022, surging by 55% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $111,879 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Germany ($159,305 per ton), while the average price for exports to Saudi Arabia ($11,742 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 Spain (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pearls; Articles of Natural or Cultured Pearls in China (CIF) - 2022
The average import price for pearls; articles of natural or cultured pearlses stood at $2,079,022 per ton in 2022, which is down by -17.7% against the previous year. Overall, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2018 when the average import price increased by 79% against the previous year. The import price peaked at $2,526,122 per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($4,704,351 per ton), while the price for South Korea ($69,836 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 (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pearls; Articles of Natural or Cultured Pearls in China
In 2022, approx. 596 tons of pearls; articles of natural or cultured pearlses were exported from China; with an increase of 37% on the previous year's figure. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pearls; articles of natural or cultured pearlses soared to $59M in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 145%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Pearls; Articles of Natural or Cultured Pearls in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 10.0 | 4.2 | 5.9 | 15.3 | 15.2% |
| South Korea | 0.9 | 0.7 | 2.9 | 7.7 | 104.5% |
| United States | 3.6 | 2.5 | 3.2 | 5.3 | 13.8% |
| Singapore | 0.5 | 0.1 | 2.1 | 5.1 | 116.9% |
| Australia | 0.2 | 0.4 | 1.4 | 5.0 | 192.4% |
| Japan | 1.1 | 0.4 | 1.1 | 4.9 | 64.5% |
| Malaysia | N/A | 0.1 | 3.8 | 4.2 | 548.1% |
| Germany | 0.2 | 0.7 | 1.1 | 2.8 | 141.0% |
| Spain | 0.9 | 0.3 | 1.1 | 1.1 | 6.9% |
| United Kingdom | 0.5 | 0.3 | 0.6 | 0.9 | 21.6% |
| France | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Saudi Arabia | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 1.8 | 1.5 | 4.4 | 6.0 | 49.4% |
| Total | 19.9 | 11.3 | 27.8 | 58.9 | 43.6% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from China in 2022:
- Hong Kong SAR (99.1 tons)
- Malaysia (65.5 tons)
- South Korea (62.5 tons)
- Singapore (61.7 tons)
- Australia (52.8 tons)
- United States (52.3 tons)
- Japan (48.0 tons)
- Saudi Arabia (17.9 tons)
- Germany (17.3 tons)
- United Kingdom (13.6 tons)
- Spain (13.3 tons)
- France (9.9 tons)
Imports of Pearls; Articles of Natural or Cultured Pearls in China
For the fourth year in a row, China recorded growth in overseas purchases of pearls; articles of natural or cultured pearlses, which increased by 41% to 4.6 tons in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pearls; articles of natural or cultured pearlses surged to $9.5M in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Pearls; Articles of Natural or Cultured Pearls in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,076 | 2,754 | 5,333 | 6,088 | 43.1% |
| United States | 101 | 107 | 160 | 797 | 99.1% |
| Italy | 46.6 | 318 | 420 | 541 | 126.4% |
| Thailand | 76.1 | 508 | 499 | 500 | 87.3% |
| Germany | 330 | 356 | 177 | 372 | 4.1% |
| Hong Kong SAR | 150 | 183 | 775 | 348 | 32.4% |
| France | 589 | 1,140 | 446 | 161 | -35.1% |
| Indonesia | 6.9 | 7.0 | 36.4 | 121 | 159.8% |
| United Kingdom | 57.0 | 21.0 | 63.4 | 112 | 25.3% |
| South Korea | 69.1 | 35.1 | 20.4 | 34.1 | -21.0% |
| Others | 323 | 214 | 277 | 422 | 9.3% |
| Total | 3,825 | 5,644 | 8,207 | 9,495 | 35.4% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to China in 2022:
- Japan (1586.0 kg)
- United States (901.0 kg)
- Italy (489.0 kg)
- South Korea (488.0 kg)
- Thailand (210.0 kg)
- United Kingdom (145.0 kg)
- Indonesia (127.0 kg)
- Germany (88.0 kg)
- France (84.0 kg)
- Hong Kong SAR (74.0 kg)
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