Ecuador - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Precious Stone and Pearl in Ecuador - 2022
Contents:
- Price for Precious Stone and Pearl in Ecuador (CIF) - 2022
- Price for Precious Stone and Pearl in Ecuador (FOB) - 2022
- Imports of Precious Stone and Pearl in Ecuador
- Exports of Precious Stone and Pearl in Ecuador
Price for Precious Stone and Pearl in Ecuador (CIF) - 2022
In 2022, the average precious stone and pearl import price amounted to $43 per ton, declining by -35.9% against the previous year. Overall, the import price recorded a dramatic slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 651%. As a result, import price reached the peak level of $1,036 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 Hong Kong SAR ($79 per ton), while the price for Brazil ($4.5 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+35.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Precious Stone and Pearl in Ecuador (FOB) - 2022
The average precious stone and pearl export price stood at $19,370,000 per ton in 2022, increasing by 46% against the previous year. Overall, the export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2019 an increase of 230,099%. The export price peaked at $77,519,000 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2013 to 2022, the rate of growth in terms of prices for Switzerland amounted to -34.6% per year.
Imports of Precious Stone and Pearl in Ecuador
In 2022, overseas purchases of cultured pearls, precious or semi-precious stones decreased by -1.3% to 9.2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 3.5%.
In value terms, precious stone and pearl imports reduced notably to $393K in 2022. Over the period under review, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 277%. As a result, imports reached the peak of $622K, and then declined notably in the following year.
Import of Precious Stone and Pearl in Ecuador (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 94.0 | 24.4 | 108 | 84.1 | -3.6% |
China | 61.9 | 32.9 | 81.4 | 69.3 | 3.8% |
Brazil | 4.8 | 11.3 | 9.0 | 13.5 | 41.2% |
Hong Kong SAR | 3.8 | 3.9 | 32.9 | 12.6 | 49.1% |
Uruguay | 3.1 | N/A | N/A | N/A | 0% |
Others | 402 | 92.5 | 391 | 214 | -19.0% |
Total | 570 | 165 | 622 | 393 | -11.7% |
Top Suppliers of Precious Stone and Pearl to Ecuador in 2022:
- China (4.3K tons)
- Brazil (3.0K tons)
- United States (1.6K tons)
- Hong Kong SAR (0.2K tons)
Exports of Precious Stone and Pearl in Ecuador
Precious stone and pearl exports from Ecuador amounted to 1 kg in 2022, remaining constant against 2021. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, precious stone and pearl exports surged to $19K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,303%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Precious Stone and Pearl in Ecuador (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 1.0 | 5.0 | 1.0 | 8.0 | 100.0% |
France | 30.0 | N/A | N/A | N/A | 0% |
Portugal | N/A | N/A | 9.0 | N/A | 0% |
Czech Republic | N/A | N/A | 15.0 | N/A | 0% |
Others | 1,029 | 25,467 | 13,242 | 19,362 | 166.0% |
Total | 1,060 | 25,472 | 13,267 | 19,370 | 163.4% |
Top Export Markets for Precious Stone and Pearl from Ecuador in 2022:
- Switzerland (1.0 kg)
This report provides an in-depth analysis of the market for precious stone and pearl in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32121100 - Cultured pearls, precious or semi-precious stones, including synthetic or reconstructed, worked but not set
Country coverage:
- Ecuador
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ecuador
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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