Price for Pearls; Articles of Natural or Cultured Pearls in Mexico - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Mexico (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Mexico (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Mexico
- Exports of Pearls; Articles of Natural or Cultured Pearls in Mexico
Price for Pearls; Articles of Natural or Cultured Pearls in Mexico (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $79,464 per ton, declining by -17.7% against the previous year. Over the period under review, the import price recorded a deep contraction. The growth pace was the most rapid in 2020 an increase of 101% against the previous year. Over the period under review, average import prices hit record highs at $551,841 per ton in 2014; however, from 2015 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 ($2,460,700 per ton), while the price for China ($64,653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Pearls; Articles of Natural or Cultured Pearls in Mexico (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $120,620 per ton in 2022, approximately equating the previous year. Over the period under review, the export price showed a dramatic downturn. The growth pace was the most rapid in 2020 when the average export price decreased by -6.2%. The export price peaked at $10,433,949 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($143,725 per ton), while the average price for exports to the Netherlands ($1,000 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 Arab Emirates (-0.2%), while the prices for the other major destinations experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in Mexico
In 2022, the amount of pearls; articles of natural or cultured pearlses imported into Mexico soared to 18 tons, growing by 161% compared with the year before. Over the period under review, imports showed prominent 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 $1.5M in 2022. In general, imports recorded a strong expansion. 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 Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 523 | 108 | 354 | 1,110 | 28.5% |
| Spain | 34.4 | 167 | 145 | 154 | 64.8% |
| Others | 410 | 193 | 176 | 186 | -23.2% |
| Total | 968 | 467 | 675 | 1,450 | 14.4% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Mexico in 2022:
- China (17.2 tons)
- Spain (0.8 tons)
Exports of Pearls; Articles of Natural or Cultured Pearls in Mexico
In 2022, overseas shipments of pearls; articles of natural or cultured pearlses decreased by 0% to 50 kg, falling for the second year in a row after two years of growth. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 394%. As a result, the exports attained the peak of 89 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of pearls; articles of natural or cultured pearlses stood at $6K in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 364% against the previous year. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Pearls; Articles of Natural or Cultured Pearls in Mexico (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 11,405 | N/A | 5,749 | -29.0% |
| Colombia | 474 | 57.0 | N/A | 44.0 | -54.7% |
| Costa Rica | 296 | 40.0 | N/A | 37.0 | -50.0% |
| Canada | 80.0 | 13.0 | N/A | 28.0 | -29.5% |
| Spain | 530 | 49.0 | N/A | 22.0 | -65.4% |
| Denmark | N/A | N/A | N/A | 14.0 | 0% |
| France | 191 | 15.0 | N/A | 10.0 | -62.6% |
| Chile | 179 | 18.0 | N/A | 10.0 | -61.8% |
| Netherlands | N/A | N/A | N/A | 1.0 | 0% |
| Guatemala | 2.0 | 1.0 | N/A | 1.0 | -20.6% |
| Others | 846 | 456 | N/A | 115 | -48.6% |
| Total | 2,598 | 12,054 | N/A | 6,031 | 32.4% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Mexico in 2022:
- United Arab Emirates (40.0 kg)
- Canada (1.0 kg)
- Netherlands (1.0 kg)
- Colombia (1.0 kg)
- Denmark (1.0 kg)
- Costa Rica (1.0 kg)
- France (1.0 kg)
- Guatemala (1.0 kg)
- Chile (1.0 kg)
- Spain (1.0 kg)
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