Price for Pearls; Articles of Natural or Cultured Pearls in Germany - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Germany (CIF) - 2023
- Price for Pearls; Articles of Natural or Cultured Pearls in Germany (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Germany
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.2 | 2.9 | 4.0 | 4.8 | 4.6% |
Hong Kong SAR | 0.6 | 0.3 | 0.2 | 0.6 | 0.0% |
Others | 0.5 | 1.1 | 1.3 | 1.6 | 47.4% |
Total | 5.3 | 4.3 | 5.5 | 7.0 | 9.7% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Germany in 2022:
- China (14.2 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 1,606 | 927 | 976 | 1,460 | -3.1% |
Austria | 425 | 408 | 342 | 388 | -3.0% |
Czech Republic | 116 | 119 | 130 | 351 | 44.6% |
France | 83.2 | 86.9 | 139 | 261 | 46.4% |
United Kingdom | 118 | 89.3 | 158 | 210 | 21.2% |
Poland | 209 | 182 | 128 | 153 | -9.9% |
China | 86.5 | 154 | 127 | 151 | 20.4% |
Netherlands | 84.9 | 68.4 | 58.0 | 121 | 12.5% |
Belgium | 64.5 | 39.4 | 46.2 | 72.4 | 3.9% |
Italy | 28.7 | 26.7 | 68.5 | 72.2 | 36.0% |
Spain | 33.4 | 15.9 | 47.9 | 64.1 | 24.3% |
Hungary | 12.8 | 7.6 | 12.9 | 27.3 | 28.7% |
Portugal | 8.4 | 5.5 | 9.6 | 24.5 | 42.9% |
Others | 1,029 | 928 | 1,000 | 1,291 | 7.9% |
Total | 3,906 | 3,058 | 3,243 | 4,648 | 6.0% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Germany in 2022:
- France (294.0 kg)
- Czech Republic (280.0 kg)
- Switzerland (277.0 kg)
- Spain (275.0 kg)
- Austria (249.0 kg)
- Italy (240.0 kg)
- United Kingdom (115.0 kg)
- China (92.0 kg)
- Netherlands (90.0 kg)
- Portugal (84.0 kg)
- Poland (78.0 kg)
- Hungary (76.0 kg)
- Belgium (68.0 kg)
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