Price for Pearls; Articles of Natural or Cultured Pearls in Costa Rica - 2022

Contents:

  1. Price for Pearls; Articles of Natural or Cultured Pearls in Costa Rica (CIF) - 2022
  2. Price for Pearls; Articles of Natural or Cultured Pearls in Costa Rica (FOB) - 2022
  3. Imports of Pearls; Articles of Natural or Cultured Pearls in Costa Rica
  4. Exports of Pearls; Articles of Natural or Cultured Pearls in Costa Rica

Price for Pearls; Articles of Natural or Cultured Pearls in Costa Rica (CIF) - 2022

In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $111,545 per ton, growing by 109% against the previous year. Over the period under review, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 193%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Spain ($150,222 per ton), while the price for India ($52,462 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pearls; Articles of Natural or Cultured Pearls in Costa Rica (FOB) - 2022

The average export price for pearls; articles of natural or cultured pearlses stood at $16,125 per ton in 2022, surging by 2.1% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 195%. Over the period under review, the average export prices hit record highs at $89,000 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($72,000 per ton), while the average price for exports to El Salvador ($1,000 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 Japan (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pearls; Articles of Natural or Cultured Pearls in Costa Rica

In 2022, imports of pearls; articles of natural or cultured pearlses into Costa Rica shrank dramatically to 209 kg, with a decrease of -64% on the previous year's figure. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 684% against the previous year. As a result, imports reached the peak of 580 kg, and then contracted markedly in the following year.

In value terms, imports of pearls; articles of natural or cultured pearlses shrank notably to $23K in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 378% against the previous year. As a result, imports attained the peak of $31K, and then reduced remarkably in the following year.

Import of Pearls; Articles of Natural or Cultured Pearls in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.74.717.215.448.5%
United States2.30.31.33.312.8%
Spain4.60.52.22.7-16.3%
IndiaN/AN/AN/A0.70%
Hong Kong SAR0.70.31.60.3-24.6%
GuatemalaN/AN/A0.2N/A0%
Panama0.4N/A3.3N/A187.2%
Mexico0.20.11.1N/A134.5%
Others1.80.44.10.9-20.6%
Total14.86.531.023.316.3%

Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Costa Rica in 2022:

  1. China (125.0 kg)
  2. United States (51.0 kg)
  3. Spain (18.0 kg)
  4. India (13.0 kg)
  5. Hong Kong SAR (1.0 kg)

Exports of Pearls; Articles of Natural or Cultured Pearls in Costa Rica

Exports of pearls; articles of natural or cultured pearlses from Costa Rica skyrocketed to 8 kg in 2022, jumping by 60% against the previous year's figure. In general, exports, however, faced a dramatic slump.

In value terms, exports of pearls; articles of natural or cultured pearlses surged to $129 in 2022. Overall, exports, however, saw a sharp setback.

Export of Pearls; Articles of Natural or Cultured Pearls in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A72.00%
CanadaN/AN/AN/A26.00%
Guatemala34846.030.018.0-62.7%
United States13011441.010.0-57.5%
Spain22.021.08.02.0-55.0%
El SalvadorN/AN/AN/A1.00%
OthersN/AN/AN/AN/A0%
Total50018179.0129-36.3%

Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Costa Rica in 2022:

  1. Canada (2.0 kg)
  2. Guatemala (2.0 kg)
  3. El Salvador (1.0 kg)
  4. United States (1.0 kg)
  5. Japan (1.0 kg)
  6. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Pearls; articles of natural or cultured pearls - Costa Rica