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Latin America and the Caribbean - Cultured Pearls, Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatin America and the Caribbean: Market for Cultured Pearls, Precious Or Semi-Precious Stones 2024
Market Size for Cultured Pearls, Precious Or Semi-Precious Stones in Latin America and the Caribbean
The Latin American precious stone and pearl market soared to $X in 2023, jumping by X% against the previous year. Overall, consumption, however, recorded a dramatic descent. Over the period under review, the market attained the maximum level at $X.1B in 2012; however, from 2013 to 2023, consumption failed to regain momentum.
Production of Cultured Pearls, Precious Or Semi-Precious Stones in Latin America and the Caribbean
In value terms, precious stone and pearl production surged to $X.3B in 2023 estimated in export price. Over the period under review, production showed a significant expansion. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X.6B. From 2020 to 2023, production growth failed to regain momentum.
Exports of Cultured Pearls, Precious Or Semi-Precious Stones
Exports in Latin America and the Caribbean
In 2023, overseas shipments of cultured pearls, precious or semi-precious stones decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports, however, recorded measured growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
In value terms, precious stone and pearl exports reduced slightly to $X in 2023. Overall, exports continue to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
Panama represented the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Honduras (X tons), making up a X% share of total exports.
Exports from Panama increased at an average annual rate of X% from 2012 to 2023. At the same time, Honduras (X%) displayed positive paces of growth. Moreover, Honduras emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. While the share of Panama (X p.p.) and Honduras (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Panama ($X) remains the largest precious stone and pearl supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Honduras ($X), with a X% share of total exports.
In Panama, precious stone and pearl exports increased at an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
The export price in Latin America and the Caribbean stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decrease. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Panama ($X per ton), while Honduras amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Panama (X%).
Imports of Cultured Pearls, Precious Or Semi-Precious Stones
Imports in Latin America and the Caribbean
Precious stone and pearl imports declined notably to X tons in 2023, which is down by X% against 2022 figures. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.
In value terms, precious stone and pearl imports fell to $X in 2023. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Saint Maarten (Dutch part) dominates imports structure, accounting for X tons, which was near X% of total imports in 2023. Curacao (X tons) followed a long way behind the leaders.
Imports into Saint Maarten (Dutch part) decreased at an average annual rate of X% from 2012 to 2023. At the same time, Curacao (X%) displayed positive paces of growth. Moreover, Curacao emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. While the share of Curacao (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Saint Maarten (Dutch part) ($X) constitutes the largest market for imported cultured pearls, precious or semi-precious stones in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Curacao ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value in Saint Maarten (Dutch part) stood at X%.
Import Prices by Country
The import price in Latin America and the Caribbean stood at $X per ton in 2023, picking up by X% against the previous year. Over the period under review, the import price saw tangible growth. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saint Maarten (Dutch part) ($X per ton), while Curacao stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saint Maarten (Dutch part) (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for precious stone and pearl in Latin America and the Caribbean. 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:
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Puerto Rico
- Saint Kitts and Nevis
- Saint Lucia
- Saint Maarten (Dutch part)
- Saint Vincent and the Grenadines
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Latin America and the Caribbean, split by region and country
- Trade (exports and imports) in Latin America and the Caribbean
- 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
-
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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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