Price for Pearls; Articles of Natural or Cultured Pearls in Portugal - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Portugal (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Portugal (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Portugal
- Exports of Pearls; Articles of Natural or Cultured Pearls in Portugal
Price for Pearls; Articles of Natural or Cultured Pearls in Portugal (CIF) - 2022
The average import price for pearls; articles of natural or cultured pearlses stood at $198,413 per ton in 2022, falling by -8.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 162% against the previous year. Over the period under review, average import prices reached the peak figure at $440,062 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 UK ($728,314 per ton), while the price for France ($77,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pearls; Articles of Natural or Cultured Pearls in Portugal (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $31,519 per ton in 2022, falling by -79.1% against the previous year. Over the period under review, the export price showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 57%. The export price peaked at $381,425 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($387,505 per ton), while the average price for exports to Poland ($7,091 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 Spain (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in Portugal
In 2022, approx. 4.6 tons of pearls; articles of natural or cultured pearlses were imported into Portugal; increasing by 1,009% on 2021 figures. In general, imports posted a significant expansion. As a result, imports attained 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 $909K in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pearls; Articles of Natural or Cultured Pearls in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 75.9 | 17.0 | 60.4 | 522 | 90.2% |
| China | 52.5 | 45.5 | 4.8 | 271 | 72.8% |
| Germany | 3.6 | 2.8 | 8.6 | 34.3 | 112.0% |
| Italy | 0.1 | 11.9 | 6.9 | 13.4 | 411.7% |
| France | 5.8 | 0.8 | 3.6 | 7.6 | 9.4% |
| Others | 1.2 | 5.4 | 5.2 | 60.1 | 268.6% |
| Total | 139 | 83.5 | 89.5 | 909 | 87.0% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Portugal in 2022:
- China (2420.0 kg)
- Spain (1543.0 kg)
- Germany (292.0 kg)
- Italy (139.0 kg)
- France (98.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Portugal
In 2022, approx. 7.2 tons of pearls; articles of natural or cultured pearlses were exported from Portugal; picking up by 1,499% on the previous year. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pearls; articles of natural or cultured pearlses surged to $228K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pearls; Articles of Natural or Cultured Pearls in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.8 | 13.1 | 8.9 | 117 | 172.2% |
| France | N/A | 2.4 | 1.0 | 17.8 | 172.3% |
| Poland | N/A | 0.4 | 0.3 | 13.3 | 476.6% |
| Saudi Arabia | 12.2 | 0.2 | 1.0 | 12.3 | 0.3% |
| Italy | N/A | 0.7 | 0.7 | 10.0 | 278.0% |
| Greece | N/A | 0.7 | 1.9 | 5.1 | 169.9% |
| Mexico | 4.2 | 0.1 | 2.7 | 3.8 | -3.3% |
| Morocco | 8.5 | 7.7 | 9.2 | 3.1 | -28.6% |
| Egypt | 4.4 | 4.0 | 5.4 | 2.4 | -18.3% |
| Guatemala | 2.9 | 0.3 | 3.6 | 2.3 | -7.4% |
| Romania | N/A | 0.1 | 0.3 | 2.1 | 358.3% |
| Ireland | N/A | 1.6 | 0.5 | 2.0 | 11.8% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 1.0 | 0% |
| Others | 43.2 | 29.8 | 32.7 | 35.9 | -6.0% |
| Total | 81.2 | 61.2 | 68.2 | 228 | 41.1% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Portugal in 2022:
- Poland (1877.0 kg)
- France (810.0 kg)
- Saudi Arabia (710.0 kg)
- Italy (472.0 kg)
- Spain (303.0 kg)
- Mexico (219.0 kg)
- Greece (187.0 kg)
- Morocco (178.0 kg)
- Egypt (138.0 kg)
- Guatemala (135.0 kg)
- Romania (120.0 kg)
- Ireland (112.0 kg)
- Bosnia and Herzegovina (76.0 kg)
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