Price for Pearls; Articles of Natural or Cultured Pearls in Greece - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Greece (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Greece (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Greece
- Exports of Pearls; Articles of Natural or Cultured Pearls in Greece
Price for Pearls; Articles of Natural or Cultured Pearls in Greece (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $177,188 per ton, jumping by 111% against the previous year. Overall, the import price, however, showed a pronounced descent. The import price peaked at $294,596 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($8,967,000 per ton), while the price for Spain ($43,668 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+134.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pearls; Articles of Natural or Cultured Pearls in Greece (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $81,210 per ton in 2022, reducing by -20.3% against the previous year. Over the period under review, the export price saw a mild slump. The pace of growth was the most pronounced in 2014 an increase of 148% against the previous year. As a result, the export price reached the peak level of $117,619 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($537,000 per ton), while the average price for exports to the UK ($35,935 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 Portugal (+24.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pearls; Articles of Natural or Cultured Pearls in Greece
Imports of pearls; articles of natural or cultured pearlses into Greece fell markedly to 2.5 tons in 2022, shrinking by -47.5% on the previous year. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 213%. As a result, imports attained the peak of 4.8 tons, and then reduced rapidly in the following year.
In value terms, imports of pearls; articles of natural or cultured pearlses rose sharply to $446K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pearls; Articles of Natural or Cultured Pearls in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 34.0 | 75.1 | 140 | 155 | 65.8% |
| China | 49.9 | 2.1 | 67.5 | 112 | 30.9% |
| Italy | 40.8 | 44.4 | 84.1 | 45.3 | 3.5% |
| Spain | 169 | 47.9 | 39.6 | 25.6 | -46.7% |
| Portugal | 14.5 | 12.6 | 19.1 | 19.4 | 10.2% |
| Hong Kong SAR | 30.4 | N/A | N/A | 16.5 | -18.4% |
| Germany | 2.6 | 2.0 | 2.2 | 6.9 | 38.4% |
| Others | 44.1 | 72.0 | 49.6 | 65.3 | 14.0% |
| Total | 385 | 256 | 402 | 446 | 5.0% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Greece in 2022:
- Cyprus (865.0 kg)
- Italy (587.0 kg)
- Spain (587.0 kg)
- China (241.0 kg)
- Germany (105.0 kg)
- Hong Kong SAR (64.0 kg)
- Portugal (30.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Greece
In 2022, after two years of decline, there was significant growth in overseas shipments of pearls; articles of natural or cultured pearlses, when their volume increased by 56% to 100 kg. Overall, exports, however, recorded a dramatic curtailment.
In value terms, exports of pearls; articles of natural or cultured pearlses skyrocketed to $8.1K in 2022. In general, exports, however, recorded a abrupt curtailment.
| Export of Pearls; Articles of Natural or Cultured Pearls in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.4 | 0.9 | N/A | 2.2 | 76.5% |
| Germany | 0.7 | 0.1 | N/A | 2.1 | 44.2% |
| Spain | 13.8 | 5.2 | 3.3 | 1.9 | -48.4% |
| Portugal | 0.4 | 1.3 | 3.0 | 1.4 | 51.8% |
| Others | N/A | 0.4 | 0.2 | 0.4 | 0.0% |
| Total | 15.3 | 7.8 | 6.5 | 8.1 | -19.1% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Greece in 2022:
- United Kingdom (62.0 kg)
- Spain (26.0 kg)
- Portugal (5.0 kg)
- Germany (4.0 kg)
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