Price for Pearls; Articles of Natural or Cultured Pearls in Egypt - 2022
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Egypt (FOB) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Egypt (CIF) - 2022
- Exports of Pearls; Articles of Natural or Cultured Pearls in Egypt
- Imports of Pearls; Articles of Natural or Cultured Pearls in Egypt
Price for Pearls; Articles of Natural or Cultured Pearls in Egypt (FOB) - 2022
In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $775,000 per ton, falling by -48.2% against the previous year. In general, the export price, however, saw a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 3,955%. Over the period under review, the average export prices reached the peak figure at $2,835,936 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +54.0% per year.
Price for Pearls; Articles of Natural or Cultured Pearls in Egypt (CIF) - 2022
The average import price for pearls; articles of natural or cultured pearlses stood at $104,195 per ton in 2022, shrinking by -13% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 102%. The import price peaked at $147,688 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($730,200 per ton), while the price for the United Arab Emirates ($14,846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pearls; Articles of Natural or Cultured Pearls in Egypt
In 2022, approx. 1 kg of pearls; articles of natural or cultured pearlses were exported from Egypt; declining by -99.3% against the previous year. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of -5% was in 2021.
In value terms, exports of pearls; articles of natural or cultured pearlses fell markedly to $775 in 2022. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, the exports reached the peak of $400K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Pearls; Articles of Natural or Cultured Pearls in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 0.8 | 0% |
| Qatar | 202 | 17.1 | 196 | N/A | -1.5% |
| Switzerland | N/A | 383 | N/A | N/A | 0% |
| Others | N/A | N/A | 4.7 | N/A | 0% |
| Total | 202 | 400 | 200 | 0.8 | -84.2% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Egypt in 2022:
- Japan (1.0 kg)
Imports of Pearls; Articles of Natural or Cultured Pearls in Egypt
In 2022, after three years of growth, there was significant decline in purchases abroad of pearls; articles of natural or cultured pearlses, when their volume decreased by -11.8% to 195 kg. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 245%.
In value terms, imports of pearls; articles of natural or cultured pearlses declined markedly to $20K in 2022. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 204% against the previous year.
| Import of Pearls; Articles of Natural or Cultured Pearls in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.4 | 7.0 | 17.0 | 5.7 | 59.7% |
| Portugal | 1.1 | 2.7 | 4.9 | 4.5 | 59.9% |
| Netherlands | N/A | N/A | N/A | 3.7 | 0% |
| United Kingdom | 0.3 | 1.0 | 1.5 | 3.5 | 126.8% |
| Belgium | 0.1 | 0.3 | 0.5 | 1.2 | 128.9% |
| China | 1.2 | 1.9 | 0.9 | 0.6 | -20.6% |
| France | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| United Arab Emirates | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| Others | 0.4 | 1.1 | 1.3 | 0.6 | 14.5% |
| Total | 4.7 | 14.2 | 26.5 | 20.3 | 62.9% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Egypt in 2022:
- Spain (88.0 kg)
- United Kingdom (34.0 kg)
- Portugal (30.0 kg)
- United Arab Emirates (13.0 kg)
- Belgium (13.0 kg)
- France (6.0 kg)
- Netherlands (5.0 kg)
- China (3.0 kg)
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