Lithuania - 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 Lithuania - 2023
Contents:
- Price for Precious Stone and Pearl in Lithuania (CIF) - 2022
- Price for Precious Stone and Pearl in Lithuania (FOB) - 2022
- Imports of Precious Stone and Pearl in Lithuania
- Exports of Precious Stone and Pearl in Lithuania
Price for Precious Stone and Pearl in Lithuania (CIF) - 2022
In 2022, the average precious stone and pearl import price amounted to $2.1 per ton, surging by 45% against the previous year. Overall, the import price, however, recorded a sharp decline. The most prominent rate of growth was recorded in 2021 an increase of 173% against the previous year. Over the period under review, average import prices attained the maximum at $43 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($0.6 per ton), while the price for Madagascar amounted to $0.2 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-29.7%).
Price for Precious Stone and Pearl in Lithuania (FOB) - 2022
In 2022, the average precious stone and pearl export price amounted to $1,156 per ton, picking up by 339% against the previous year. Overall, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 21,713% against the previous year. As a result, the export price attained the peak level of $34,169 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($2,248 per ton), while the average price for exports to Belarus ($0.2 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 (+200.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Precious Stone and Pearl in Lithuania
In 2022, supplies from abroad of cultured pearls, precious or semi-precious stones decreased by -5.2% to 770K tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 2,318% against the previous year. As a result, imports reached the peak of 1.6M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, precious stone and pearl imports soared to $1.6M in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Precious Stone and Pearl in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 469 | 252 | 354 | 404 | -4.9% |
Madagascar | 0.4 | 0.4 | 0.6 | 11.8 | 209.0% |
Others | 533 | 581 | 829 | 1,211 | 31.5% |
Total | 1,003 | 834 | 1,183 | 1,626 | 17.5% |
Top Suppliers of Precious Stone and Pearl to Lithuania in 2022:
- China (686.5K tons)
- Madagascar (64.5K tons)
Exports of Precious Stone and Pearl in Lithuania
Precious stone and pearl exports from Lithuania contracted remarkably to 209 tons in 2022, shrinking by -49.7% compared with the year before. Overall, exports saw a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 15,808% against the previous year.
In value terms, precious stone and pearl exports skyrocketed to $241K in 2022. Over the period under review, exports, however, saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Precious Stone and Pearl in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 28.1 | N/A | 56.7 | 232 | 102.1% |
Brazil | N/A | N/A | N/A | 3.5 | 0% |
Hong Kong SAR | N/A | N/A | 1.7 | N/A | 0% |
Russia | N/A | N/A | 38.9 | N/A | 0% |
United States | 5.3 | 1.4 | N/A | N/A | -73.6% |
United Arab Emirates | 68.5 | 86.0 | N/A | N/A | 25.5% |
Belarus | N/A | N/A | N/A | N/A | 0% |
Canada | 3.2 | 0.3 | N/A | N/A | -90.6% |
Others | 24.6 | 1.5 | 12.0 | 6.0 | -37.5% |
Total | 130 | 89.1 | 109 | 241 | 22.8% |
Top Export Markets for Precious Stone and Pearl from Lithuania in 2022:
- Israel (103.1 tons)
- Belarus (101.5 tons)
- Brazil (4.1 tons)
This report provides an in-depth analysis of the market for precious stone and pearl in Lithuania. 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:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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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