Price for Pearls; Articles of Natural or Cultured Pearls in Estonia - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Estonia (FOB) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Estonia (CIF) - 2022
- Exports of Pearls; Articles of Natural or Cultured Pearls in Estonia
- Imports of Pearls; Articles of Natural or Cultured Pearls in Estonia
Price for Pearls; Articles of Natural or Cultured Pearls in Estonia (FOB) - 2022
In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $1,349,014 per ton, waning by -6.6% against the previous year. In general, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 90%. The export price peaked at $1,444,371 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,939,726 per ton), while the average price for exports to Hungary ($644,060 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 Germany (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pearls; Articles of Natural or Cultured Pearls in Estonia (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $424,521 per ton, surging by 54% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pearls; articles of natural or cultured pearlses increased by +105.7% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($550,862 per ton), while the price for the UK stood at $191,315 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%).
Exports of Pearls; Articles of Natural or Cultured Pearls in Estonia
Exports of pearls; articles of natural or cultured pearlses from Estonia surged to 506 kg in 2022, picking up by 49% compared with the previous year. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $683K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pearls; Articles of Natural or Cultured Pearls in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 142 | 126 | 191 | 206 | 13.2% |
| Latvia | 87.4 | 86.1 | 132 | 191 | 29.8% |
| Czech Republic | 5.9 | 9.0 | 58.1 | 68.1 | 126.0% |
| Hungary | 37.3 | 136 | 20.8 | 53.5 | 12.8% |
| Romania | N/A | N/A | 7.7 | 47.4 | 515.6% |
| Germany | N/A | 0.8 | 5.1 | 39.2 | 600.0% |
| Denmark | N/A | N/A | 5.6 | 22.9 | 308.9% |
| Bulgaria | 8.0 | 15.6 | 20.7 | 22.3 | 40.7% |
| Finland | 21.3 | 17.5 | 33.9 | 16.5 | -8.2% |
| Others | 7.5 | 6.0 | 16.5 | 16.0 | 28.7% |
| Total | 309 | 397 | 491 | 683 | 30.3% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Estonia in 2022:
- Latvia (130.0 kg)
- Lithuania (106.0 kg)
- Hungary (83.0 kg)
- Czech Republic (66.0 kg)
- Romania (26.0 kg)
- Germany (25.0 kg)
- Denmark (21.0 kg)
- Bulgaria (18.0 kg)
- Finland (11.0 kg)
Imports of Pearls; Articles of Natural or Cultured Pearls in Estonia
In 2022, overseas purchases of pearls; articles of natural or cultured pearlses decreased by -28.7% to 336 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of 529 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pearls; articles of natural or cultured pearlses reached $143K in 2022. The total import value increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Pearls; Articles of Natural or Cultured Pearls in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 85.8 | 121 | 120 | 0.6% |
| United Kingdom | N/A | N/A | 4.2 | 20.7 | 392.9% |
| Lithuania | N/A | 21.5 | 1.0 | 0.3 | -88.2% |
| Others | 0.3 | 2.0 | 3.7 | 1.6 | 74.7% |
| Total | 119 | 109 | 130 | 143 | 6.3% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Estonia in 2022:
- China (218.0 kg)
- United Kingdom (108.0 kg)
- Lithuania (1.0 kg)
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