Price for Pearls; Articles of Natural or Cultured Pearls in Russia - 2022
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Russia (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Russia (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Russia
- Exports of Pearls; Articles of Natural or Cultured Pearls in Russia
Price for Pearls; Articles of Natural or Cultured Pearls in Russia (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $178,637 per ton, waning by -51.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 82%. The import price peaked at $514,826 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($751,197 per ton), while the price for China ($135,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.1%), while the prices for the other major suppliers experienced a decline.
Price for Pearls; Articles of Natural or Cultured Pearls in Russia (FOB) - 2022
In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $30,033 per ton, reducing by -64.9% against the previous year. Over the period under review, the export price saw a mild setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 3,467%. Over the period under review, the average export prices attained the peak figure at $1,277,526 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($102,667 per ton), while the average price for exports to Armenia ($13,386 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 Arab Emirates (+981.5%), while the prices for the other major destinations experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in Russia
For the fourth year in a row, Russia recorded growth in supplies from abroad of pearls; articles of natural or cultured pearlses, which increased by 56% to 2.1 tons in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 123% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of pearls; articles of natural or cultured pearlses fell remarkably to $379K in 2022. In general, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of $500K, and then dropped dramatically in the following year.
| Import of Pearls; Articles of Natural or Cultured Pearls in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 42.4 | 45.4 | 254 | 533.3% |
| France | 6.4 | 32.7 | 34.0 | 49.6 | 97.9% |
| Spain | 84.1 | 125 | 330 | 48.6 | -16.7% |
| Hong Kong SAR | 48.3 | 47.8 | 7.8 | N/A | -59.8% |
| Others | 81.6 | 9.2 | 82.4 | 26.1 | -31.6% |
| Total | 221 | 257 | 500 | 379 | 19.7% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Russia in 2022:
- China (1883.0 kg)
- Spain (146.0 kg)
- France (66.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Russia
In 2022, the amount of pearls; articles of natural or cultured pearlses exported from Russia soared to 1.2 tons, picking up by 304% against 2021 figures. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,209%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of pearls; articles of natural or cultured pearlses soared to $35K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 152%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Pearls; Articles of Natural or Cultured Pearls in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 0.3 | 24.8 | 8166.7% |
| Armenia | N/A | 0.2 | N/A | 9.2 | 578.2% |
| Kazakhstan | 5.6 | 0.9 | 19.8 | 0.3 | -62.3% |
| France | N/A | N/A | 0.9 | N/A | 0% |
| Others | 7.8 | 8.7 | 3.5 | 0.7 | -55.2% |
| Total | 13.5 | 9.8 | 24.7 | 34.9 | 37.2% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Russia in 2022:
- Armenia (684.0 kg)
- United Arab Emirates (466.0 kg)
- Kazakhstan (3.0 kg)
- France (1.0 kg)
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