Price for Pearls; Articles of Natural or Cultured Pearls in Denmark - 2023

Contents:

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

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

In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $177,616 per ton, growing by 23% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 an increase of 80%. Over the period under review, average import prices reached the peak figure at $417,201 per ton in 2013; however, from 2014 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 Hong Kong SAR ($610,364 per ton), while the price for the Netherlands ($61,725 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $145,437 per ton, surging by 21% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 146% against the previous year. As a result, the export price reached the peak level of $218,146 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($401,882 per ton), while the average price for exports to Finland ($45,000 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 Switzerland (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pearls; Articles of Natural or Cultured Pearls in Denmark

In 2022, approx. 2.5 tons of pearls; articles of natural or cultured pearlses were imported into Denmark; rising by 240% on 2021. In general, imports, however, saw a abrupt descent.

In value terms, imports of pearls; articles of natural or cultured pearlses soared to $443K in 2022. Overall, imports, however, showed a abrupt contraction.

Import of Pearls; Articles of Natural or Cultured Pearls in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.710.912.0171231.4%
China45.628.532.111736.9%
Hong Kong SAR25.50.820.633.69.6%
EstoniaN/AN/AN/A27.20%
French Polynesia2149.7N/A24.4-51.5%
Netherlands1.20.61.211.2110.5%
Poland6.66.36.13.8-16.8%
Spain15.44.83.82.8-43.3%
United Kingdom2311.81.11.1-83.2%
France37.9N/A4.9N/A-64.0%
Others23.194.524.051.130.3%
Total605158106443-9.9%

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

  1. Germany (1040.0 kg)
  2. China (686.0 kg)
  3. Netherlands (182.0 kg)
  4. Estonia (172.0 kg)
  5. French Polynesia (155.0 kg)
  6. Poland (57.0 kg)
  7. Hong Kong SAR (55.0 kg)
  8. Spain (38.0 kg)
  9. United Kingdom (5.0 kg)

Exports of Pearls; Articles of Natural or Cultured Pearls in Denmark

In 2022, approx. 1.7 tons of pearls; articles of natural or cultured pearlses were exported from Denmark; increasing by 5.1% compared with the previous year. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 403% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of pearls; articles of natural or cultured pearlses surged to $247K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 153% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Pearls; Articles of Natural or Cultured Pearls in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.44.119.678.8481.9%
Lithuania0.33.728.843.9427.0%
Norway3.55.846.037.7120.8%
ItalyN/A18.344.025.618.3%
Switzerland4.21.40.813.748.3%
Germany0.94.216.39.0115.4%
Netherlands0.33.35.56.5178.8%
Hong Kong SAR12.58.31.20.2-74.8%
Greenland3.112.7N/AN/A309.7%
Finland1.23.10.7N/A-23.6%
Others8.021.531.931.658.1%
Total34.286.519524793.3%

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

  1. United Kingdom (585.0 kg)
  2. Norway (270.0 kg)
  3. Italy (261.0 kg)
  4. Lithuania (248.0 kg)
  5. Germany (77.0 kg)
  6. Netherlands (57.0 kg)
  7. Switzerland (34.0 kg)
  8. Finland (1.0 kg)
  9. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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