Price for Pearls; Articles of Natural or Cultured Pearls in New Zealand - 2022
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in New Zealand (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in New Zealand (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in New Zealand
- Exports of Pearls; Articles of Natural or Cultured Pearls in New Zealand
Price for Pearls; Articles of Natural or Cultured Pearls in New Zealand (CIF) - 2022
The average import price for pearls; articles of natural or cultured pearlses stood at $3,608,036 per ton in 2022, which is down by -3.7% against the previous year. Over the period under review, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2021 an increase of 150% against the previous year. As a result, import price reached the peak level of $3,748 per kg, and then fell modestly in the following year.
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 Japan ($19,257,000 per ton), while the price for Canada ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pearls; Articles of Natural or Cultured Pearls in New Zealand (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $162,968 per ton in 2022, falling by -7.1% against the previous year. In general, the export price saw a deep setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices reached the maximum at $310,408 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($357,077 per ton), while the average price for exports to Cook Islands ($32,418 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 Hong Kong SAR (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pearls; Articles of Natural or Cultured Pearls in New Zealand
In 2022, after two years of decline, there was significant growth in supplies from abroad of pearls; articles of natural or cultured pearlses, when their volume increased by 7.7% to 28 kg. In general, imports, however, showed a sharp shrinkage.
In value terms, imports of pearls; articles of natural or cultured pearlses expanded modestly to $101K in 2022. Overall, imports, however, continue to indicate a dramatic decline.
| Import of Pearls; Articles of Natural or Cultured Pearls in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 47.1 | 6.6 | 11.0 | 38.5 | -6.5% |
| China | 380 | 47.2 | 39.0 | 36.3 | -54.3% |
| United States | 8.6 | 6.7 | 19.2 | 16.9 | 25.3% |
| Australia | 9.5 | 22.9 | 18.2 | 4.0 | -25.0% |
| Thailand | 1.0 | 1.1 | 1.0 | 1.9 | 23.9% |
| United Kingdom | 0.1 | N/A | 2.6 | 1.4 | 141.0% |
| France | 4.5 | 2.4 | 4.3 | 0.9 | -41.5% |
| Germany | N/A | N/A | N/A | 0.6 | 0% |
| India | 0.1 | 0.9 | 0.2 | 0.2 | 26.0% |
| Vietnam | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | N/A | N/A | N/A | 0.1 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Canada | N/A | 0.9 | N/A | N/A | 0% |
| Others | 12.0 | 76.3 | 2.0 | N/A | -59.2% |
| Total | 463 | 165 | 97.4 | 101 | -39.8% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to New Zealand in 2022:
- China (12.0 kg)
- Australia (3.0 kg)
- Japan (2.0 kg)
- United States (2.0 kg)
- Canada (1.0 kg)
- United Kingdom (1.0 kg)
- Taiwan (Chinese) (1.0 kg)
- India (1.0 kg)
- France (1.0 kg)
- Vietnam (1.0 kg)
- Germany (1.0 kg)
- Thailand (1.0 kg)
- South Korea (1.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in New Zealand
In 2022, shipments abroad of pearls; articles of natural or cultured pearlses was finally on the rise to reach 375 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt shrinkage.
In value terms, exports of pearls; articles of natural or cultured pearlses soared to $61K in 2022. Over the period under review, exports, however, recorded a dramatic curtailment.
| Export of Pearls; Articles of Natural or Cultured Pearls in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 8.7 | N/A | N/A | 48.2 | 76.9% |
| Australia | 60.7 | 28.3 | 15.7 | 4.6 | -57.7% |
| French Polynesia | N/A | N/A | N/A | 3.9 | 0% |
| Hong Kong SAR | 35.2 | N/A | N/A | 1.9 | -62.2% |
| Cook Islands | N/A | 0.8 | 0.9 | 1.8 | 50.0% |
| Canada | N/A | N/A | 0.8 | 0.7 | -12.5% |
| South Korea | 2.8 | N/A | N/A | N/A | 0% |
| Japan | 6.5 | N/A | N/A | N/A | 0% |
| Switzerland | N/A | N/A | 6.3 | N/A | 0% |
| China | N/A | N/A | 3.6 | N/A | 0% |
| France | 0.8 | 0.8 | N/A | N/A | 0.0% |
| India | N/A | 0.8 | 0.8 | N/A | 0.0% |
| Norfolk Island | 3.6 | N/A | N/A | N/A | 0% |
| Others | 6.9 | 3.3 | 3.1 | N/A | -33.0% |
| Total | 125 | 34.0 | 31.2 | 61.1 | -21.2% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from New Zealand in 2022:
- Fiji (270.0 kg)
- Cook Islands (55.0 kg)
- French Polynesia (17.0 kg)
- Hong Kong SAR (14.0 kg)
- Australia (13.0 kg)
- Canada (6.0 kg)
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