Price for Pearls; Articles of Natural or Cultured Pearls in Israel - 2022
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Israel (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Israel (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Israel
- Exports of Pearls; Articles of Natural or Cultured Pearls in Israel
Price for Pearls; Articles of Natural or Cultured Pearls in Israel (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $69,034 per ton, dropping by -12.1% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 98%. As a result, import price attained the peak level of $226,411 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($454,545 per ton), while the price for Spain ($35,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pearls; Articles of Natural or Cultured Pearls in Israel (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $274,510 per ton in 2022, rising by 85% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($360,000 per ton), while the average price for exports to Australia ($95,238 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 the United States (+46.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pearls; Articles of Natural or Cultured Pearls in Israel
For the fourth year in a row, Israel recorded growth in overseas purchases of pearls; articles of natural or cultured pearlses, which increased by 159% to 6 tons in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pearls; articles of natural or cultured pearlses surged to $416K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pearls; Articles of Natural or Cultured Pearls in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.7 | 40.1 | 136 | 316 | 96.4% |
| Spain | 0.4 | 0.8 | 0.6 | 31.0 | 326.4% |
| Others | 123 | 50.1 | 46.2 | 69.0 | -17.5% |
| Total | 165 | 91.0 | 183 | 416 | 36.1% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Israel in 2022:
- China (5.0 tons)
- Spain (0.9 tons)
Exports of Pearls; Articles of Natural or Cultured Pearls in Israel
Exports of pearls; articles of natural or cultured pearlses from Israel shrank markedly to 51 kg in 2022, reducing by -60.2% on the previous year. In general, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 510% against the previous year.
In value terms, exports of pearls; articles of natural or cultured pearlses reduced remarkably to $14K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 533%.
| Export of Pearls; Articles of Natural or Cultured Pearls in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 68.5 | 0.2 | 1.8 | 9.0 | -49.2% |
| Australia | 0.8 | 0.3 | 0.3 | 2.0 | 35.7% |
| United Kingdom | 1.6 | 0.1 | 0.3 | 1.0 | -14.5% |
| Germany | 2.9 | 0.2 | 4.0 | N/A | 17.4% |
| Poland | 0.9 | 0.1 | 0.5 | N/A | -25.5% |
| Canada | 1.6 | N/A | 0.4 | N/A | -50.0% |
| Others | 28.8 | 2.1 | 11.7 | 2.0 | -58.9% |
| Total | 105 | 3.0 | 19.0 | 14.0 | -48.9% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Israel in 2022:
- United States (25.0 kg)
- Australia (21.0 kg)
- United Kingdom (5.0 kg)
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