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

Contents:

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

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

The average import price for pearls; articles of natural or cultured pearlses stood at $9,970 per ton in 2022, which is down by -25.1% against the previous year. Over the period under review, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 26%. As a result, import price reached the peak level of $20,170 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.6% per year.

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

In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $72,000 per ton, which is down by -4.3% against the previous year. Over the period under review, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 480%. The export price peaked at $174,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +23.1% per year.

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

Imports of pearls; articles of natural or cultured pearlses into Ethiopia soared to 22 tons in 2022, increasing by 299% on the previous year. Over the period under review, imports showed significant growth. 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 skyrocketed to $224K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (22.5 tons)

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

In 2022, exports of pearls; articles of natural or cultured pearlses from Ethiopia contracted dramatically to 3 kg, with a decrease of -40% on 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 400% against the previous year. As a result, the exports reached the peak of 5 kg, and then fell sharply in the following year.

In value terms, exports of pearls; articles of natural or cultured pearlses declined rapidly to $216 in 2022. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 584%. As a result, the exports reached the peak of $376, and then shrank sharply in the following year.

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

1. Cote d'Ivoire (3.0 kg)

Source: IndexBox Market Intelligence Platform