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

Contents:

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

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

In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $272,545 per ton, surging by 2.3% against the previous year. Overall, the import price showed tangible growth. The most prominent rate of growth was recorded in 2015 an increase of 510% against the previous year. The import price peaked at $1,372,326 per ton in 2017; however, from 2018 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 the United States ($902,471 per ton), while the price for Indonesia ($18,400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for pearls; articles of natural or cultured pearlses stood at $552,438 per ton in 2022, waning by -12% against the previous year. Overall, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 291%. Over the period under review, the average export prices hit record highs at $1,358,400 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,610,800 per ton), while the average price for exports to Australia ($14,750 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 (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of pearls; articles of natural or cultured pearlses into Ireland fell to 805 kg, which is down by -9% on the previous year. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 251% against the previous year. As a result, imports reached the peak of 885 kg, and then declined in the following year.

In value terms, imports of pearls; articles of natural or cultured pearlses declined to $219K in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +3.9% 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 +47.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 58%. As a result, imports attained the peak of $236K, and then dropped in the following year.

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

1. China (320.0 kg)
2. Spain (148.0 kg)
3. Netherlands (92.0 kg)
4. United Kingdom (72.0 kg)
5. India (31.0 kg)
6. France (25.0 kg)
7. Belgium (25.0 kg)
8. United States (17.0 kg)
9. Vietnam (16.0 kg)
10. Indonesia (15.0 kg)

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

Exports of pearls; articles of natural or cultured pearlses from Ireland rose sharply to 64 kg in 2022, surging by 14% on the year before. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 409% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of pearls; articles of natural or cultured pearlses totaled $35K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 244% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Spain (20.0 kg)
2. United States (15.0 kg)
3. United Kingdom (5.0 kg)
4. Australia (4.0 kg)
5. Netherlands (3.0 kg)
6. Switzerland (2.0 kg)
7. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform