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

Price for Pearls; Articles of Natural or Cultured Pearls in Guatemala (CIF) - 2022
Price for Pearls; Articles of Natural or Cultured Pearls in Guatemala (FOB) - 2022
Imports of Pearls; Articles of Natural or Cultured Pearls in Guatemala
Exports of Pearls; Articles of Natural or Cultured Pearls in Guatemala

Price for Pearls; Articles of Natural or Cultured Pearls in Guatemala (CIF) - 2022

The average import price for pearls; articles of natural or cultured pearlses stood at $11,376 per ton in 2022, reducing by -23.4% against the previous year. In general, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 458%. The import price peaked at $171,238 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($74,592 per ton), while the price for China ($5,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+17.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for pearls; articles of natural or cultured pearlses stood at $10,000 per ton in 2022, falling by -58.9% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $50,917 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -26.6% per year.

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

In 2022, the amount of pearls; articles of natural or cultured pearlses imported into Guatemala soared to 3.4 tons, rising by 122% compared with 2021 figures. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 176% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of pearls; articles of natural or cultured pearlses skyrocketed to $39K in 2022. In general, imports posted a tangible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pearls; Articles of Natural or Cultured Pearls in Guatemala (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	N/A	N/A	6.8	18.1	166.2%
Panama	0.3	N/A	0.5	10.3	225.0%
United States	15.2	8.9	7.6	9.7	-13.9%
Spain	9.8	1.1	4.2	N/A	-34.5%
Portugal	4.2	3.2	1.7	N/A	-36.4%
Others	4.4	2.4	2.0	0.8	-43.3%
Total	33.9	15.7	22.9	38.9	4.7%

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

China (3134.0 kg)
Panama (141.0 kg)
United States (130.0 kg)

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

In 2022, the amount of pearls; articles of natural or cultured pearlses exported from Guatemala reduced remarkably to 1 kg, shrinking by -92.9% compared with the year before. In general, exports showed a precipitous descent.

In value terms, exports of pearls; articles of natural or cultured pearlses declined sharply to $10 in 2022. Over the period under review, exports continue to indicate a precipitous decline.