Price for Pearls; Articles of Natural or Cultured Pearls in Germany - 2023

Contents:

  1. Price for Pearls; Articles of Natural or Cultured Pearls in Germany (CIF) - 2023
  2. Price for Pearls; Articles of Natural or Cultured Pearls in Germany (FOB) - 2022
  3. Imports of Pearls; Articles of Natural or Cultured Pearls in Germany
  4. Exports of Pearls; Articles of Natural or Cultured Pearls in Germany

Price for Pearls; Articles of Natural or Cultured Pearls in Germany (CIF) - 2023

In October 2023, the average import price for pearls; articles of natural or cultured pearlses amounted to $964K per ton, surging by 634% against the previous month. In general, the import price recorded a noticeable expansion. The import price peaked at $1.0M per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1.6M per ton), while the price for Hong Kong SAR ($803K per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $1,807,022 per ton, reducing by -16.8% against the previous year. Over the period under review, the export price saw a mild shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 29% against the previous year. The export price peaked at $2,996,587 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($5,272,152 per ton), while the average price for exports to Spain ($233,087 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 Belgium (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of pearls; articles of natural or cultured pearlses into Germany surged to 15 tons in 2022, rising by 107% against the previous year's figure. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of pearls; articles of natural or cultured pearlses soared to $7M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Pearls; Articles of Natural or Cultured Pearls in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.22.94.04.84.6%
Hong Kong SAR0.60.30.20.60.0%
Others0.51.11.31.647.4%
Total5.34.35.57.09.7%

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

  1. China (14.2 tons)
  2. Hong Kong SAR (0.2 tons)

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

In 2022, exports of pearls; articles of natural or cultured pearlses from Germany surged to 2.6 tons, growing by 72% against the previous year. Overall, exports enjoyed a prominent increase. As a result, the exports reached 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 $4.6M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.0% against 2020 indices. 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 Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1,6069279761,460-3.1%
Austria425408342388-3.0%
Czech Republic11611913035144.6%
France83.286.913926146.4%
United Kingdom11889.315821021.2%
Poland209182128153-9.9%
China86.515412715120.4%
Netherlands84.968.458.012112.5%
Belgium64.539.446.272.43.9%
Italy28.726.768.572.236.0%
Spain33.415.947.964.124.3%
Hungary12.87.612.927.328.7%
Portugal8.45.59.624.542.9%
Others1,0299281,0001,2917.9%
Total3,9063,0583,2434,6486.0%

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

  1. France (294.0 kg)
  2. Czech Republic (280.0 kg)
  3. Switzerland (277.0 kg)
  4. Spain (275.0 kg)
  5. Austria (249.0 kg)
  6. Italy (240.0 kg)
  7. United Kingdom (115.0 kg)
  8. China (92.0 kg)
  9. Netherlands (90.0 kg)
  10. Portugal (84.0 kg)
  11. Poland (78.0 kg)
  12. Hungary (76.0 kg)
  13. Belgium (68.0 kg)

Source: IndexBox Market Intelligence Platform

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