Price for Pearls; Articles of Natural or Cultured Pearls in Luxembourg - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Luxembourg (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Luxembourg (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Luxembourg
- Exports of Pearls; Articles of Natural or Cultured Pearls in Luxembourg
Price for Pearls; Articles of Natural or Cultured Pearls in Luxembourg (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $28,272 per ton, shrinking by -11.9% against the previous year. Overall, the import price recorded a slight curtailment. The pace of growth appeared the most rapid in 2018 an increase of 4.6%. Over the period under review, average import prices hit record highs at $35,389 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($53,600 per ton), while the price for France ($26,364 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced a decline.
Price for Pearls; Articles of Natural or Cultured Pearls in Luxembourg (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $355,250 per ton in 2022, jumping by 1,241% against the previous year. Overall, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($431,833 per ton), while the average price for exports to Spain ($24,000 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 the United States (+92.4%), while the prices for the other major destinations experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in Luxembourg
Imports of pearls; articles of natural or cultured pearlses into Luxembourg fell markedly to 1.7 tons in 2022, waning by -24.6% against the year before. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 24%.
In value terms, imports of pearls; articles of natural or cultured pearlses fell notably to $47K in 2022. Overall, imports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 29%.
| Import of Pearls; Articles of Natural or Cultured Pearls in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 21.1 | 15.7 | 22.2 | 16.5 | -7.9% |
| Germany | 3.0 | 12.9 | 23.0 | 12.8 | 62.2% |
| Italy | 0.3 | N/A | 5.2 | 9.5 | 216.4% |
| Spain | 19.2 | 7.8 | 9.2 | 3.5 | -43.3% |
| France | 21.1 | 16.2 | 5.9 | 1.7 | -56.8% |
| China | 4.8 | 0.1 | 0.2 | 0.5 | -52.9% |
| Japan | 7.1 | N/A | N/A | 0.1 | -75.9% |
| Others | 18.0 | 2.4 | 5.0 | 2.3 | -49.6% |
| Total | 94.5 | 55.1 | 70.9 | 47.1 | -20.7% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Luxembourg in 2022:
- Belgium (597.0 kg)
- Germany (478.0 kg)
- Italy (352.0 kg)
- Spain (123.0 kg)
- France (66.0 kg)
- China (10.0 kg)
- Japan (2.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Luxembourg
In 2022, the amount of pearls; articles of natural or cultured pearlses exported from Luxembourg declined significantly to 16 kg, shrinking by -51.5% on the previous year. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 27%.
In value terms, exports of pearls; articles of natural or cultured pearlses surged to $5.7K in 2022. In general, exports recorded a sharp decline.
| Export of Pearls; Articles of Natural or Cultured Pearls in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.4 | N/A | N/A | 5.2 | -20.6% |
| Mexico | N/A | N/A | N/A | 0.3 | 0% |
| Australia | N/A | N/A | N/A | 0.1 | 0% |
| Spain | 0.2 | N/A | N/A | N/A | 0% |
| Germany | 0.6 | 0.2 | 0.2 | N/A | -42.3% |
| France | 0.8 | 0.5 | 0.5 | N/A | -20.9% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 11.9 | 0.7 | 0.9 | 5.7 | -21.8% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Luxembourg in 2022:
- United States (12.0 kg)
- Netherlands (1.0 kg)
- Australia (1.0 kg)
- Spain (1.0 kg)
- Mexico (1.0 kg)
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