Price for Pearls; Articles of Natural or Cultured Pearls in Ghana - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Ghana (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Ghana (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Ghana
- Exports of Pearls; Articles of Natural or Cultured Pearls in Ghana
Price for Pearls; Articles of Natural or Cultured Pearls in Ghana (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $9,975 per ton, surging by 23% against the previous year. Overall, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 2,688% against the previous year. As a result, import price reached the peak level of $28,000 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.8% per year.
Price for Pearls; Articles of Natural or Cultured Pearls in Ghana (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $9,655 per ton in 2021, with a decrease of -98.5% against the previous year. Overall, the export price, however, saw a significant expansion. The pace of growth was the most pronounced in 2013 an increase of 58,023%. Over the period under review, the average export prices reached the peak figure at $631,500 per ton in 2020, and then shrank sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +15.0% per year.
Imports of Pearls; Articles of Natural or Cultured Pearls in Ghana
In 2022, imports of pearls; articles of natural or cultured pearlses into Ghana soared to 672 kg, picking up by 7,367% against 2021 figures. Overall, imports saw 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 $6.7K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pearls; Articles of Natural or Cultured Pearls in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 12.0 | 1,782 | 14750.0% |
| Others | 212 | N/A | 61.0 | 4,921 | 185.3% |
| Total | 212 | N/A | 73.0 | 6,703 | 216.2% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Ghana in 2022:
- China (559.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Ghana
In 2021, the amount of pearls; articles of natural or cultured pearlses exported from Ghana soared to 55 kg, picking up by 588% on 2020. Over the period under review, exports, however, recorded a sharp slump.
In value terms, exports of pearls; articles of natural or cultured pearlses fell sharply to $531 in 2021. In general, exports, however, faced a sharp decrease. The smallest decline of -53.5% was in 2020.
| Export of Pearls; Articles of Natural or Cultured Pearls in Ghana (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Cote d'Ivoire | 0.7 | N/A | 0.5 | -15.5% |
| Germany | 10.2 | 5.0 | N/A | -51.0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 10.9 | 5.1 | 0.5 | -78.6% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Ghana in 2022:
- Cote d'Ivoire (55.0 kg)
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