Price for Pearls; Articles of Natural or Cultured Pearls in the UK - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in the UK (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in the UK (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in the UK
- Exports of Pearls; Articles of Natural or Cultured Pearls in the UK
Price for Pearls; Articles of Natural or Cultured Pearls in the UK (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $172,618 per ton, dropping by -30.9% against the previous year. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 94% against the previous year. As a result, import price attained the peak level of $426,520 per ton. From 2019 to 2022, the average import prices remained 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 the United States ($1,297,066 per ton), while the price for Brazil ($4,555 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Pearls; Articles of Natural or Cultured Pearls in the UK (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $187,227 per ton in 2022, dropping by -72.7% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 619%. As a result, the export price attained the peak level of $685,504 per ton, and then dropped dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($884,495 per ton), while the average price for exports to Finland ($29,428 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 Ireland (+4.9%), while the prices for the other major destinations experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in the UK
Imports of pearls; articles of natural or cultured pearlses into the UK skyrocketed to 20 tons in 2022, with an increase of 59% against the previous year. In general, imports saw a temperate expansion. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of 28 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pearls; articles of natural or cultured pearlses expanded rapidly to $3.4M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Pearls; Articles of Natural or Cultured Pearls in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,120 | 964 | 899 | 1,149 | 0.9% |
| United States | 635 | 593 | 1,045 | 824 | 9.1% |
| Japan | 446 | 290 | 208 | 589 | 9.7% |
| Hong Kong SAR | 187 | 69.3 | 172 | 196 | 1.6% |
| Spain | 449 | 194 | 156 | 52.4 | -51.1% |
| France | 321 | 3,062 | 184 | 32.3 | -53.5% |
| Denmark | 4.8 | 0.5 | 62.4 | 26.2 | 76.1% |
| Brazil | N/A | N/A | N/A | 19.5 | 0% |
| Others | 334 | 228 | 368 | 521 | 16.0% |
| Total | 3,497 | 5,401 | 3,093 | 3,409 | -0.8% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to the UK in 2022:
- China (7.6 tons)
- Brazil (4.3 tons)
- Japan (3.5 tons)
- Hong Kong SAR (1.0 tons)
- Spain (0.8 tons)
- United States (0.6 tons)
- Denmark (0.5 tons)
- France (0.2 tons)
Exports of Pearls; Articles of Natural or Cultured Pearls in the UK
In 2022, shipments abroad of pearls; articles of natural or cultured pearlses was finally on the rise to reach 15 tons after two years of decline. In general, exports, however, faced a abrupt decline.
In value terms, exports of pearls; articles of natural or cultured pearlses dropped dramatically to $2.9M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 216% against the previous year. As a result, the exports attained the peak of $4.6M, and then declined dramatically in the following year.
| Export of Pearls; Articles of Natural or Cultured Pearls in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1.4 | N/A | N/A | 1,904 | 1007.9% |
| Ireland | 370 | 228 | 153 | 272 | -9.7% |
| Germany | 145 | 251 | 57.8 | 27.0 | -42.9% |
| Italy | 93.7 | 156 | 46.9 | 25.2 | -35.5% |
| China | 621 | 2.7 | N/A | 23.7 | -66.3% |
| Netherlands | 38.0 | 37.8 | 50.0 | 13.0 | -30.1% |
| Finland | 6.6 | N/A | N/A | 12.4 | 23.4% |
| Others | 1,594 | 772 | 4,260 | 608 | -27.5% |
| Total | 2,870 | 1,448 | 4,568 | 2,885 | 0.2% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from the UK in 2022:
- Taiwan (Chinese) (12.3 tons)
- Ireland (1.6 tons)
- Finland (0.4 tons)
- Netherlands (0.1 tons)
- Italy (0.1 tons)
- Germany (0.1 tons)
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