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

Contents:

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

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

The average import price for pearls; articles of natural or cultured pearlses stood at $1,186,760 per ton in 2022, picking up by 39% against the previous year. In general, the import price saw significant growth. The growth pace was the most rapid in 2021 an increase of 338% against the previous year. The import price peaked at $1,329,602 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,106,088 per ton), while the price for China ($74,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+814.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $63,364 per ton, waning by -28.6% against the previous year. Over the period under review, the export price saw a noticeable contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 66%. Over the period under review, the average export prices attained the maximum at $152,925 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($76,290 per ton), while the average price for exports to Spain ($30,143 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 (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of pearls; articles of natural or cultured pearlses into Slovakia dropped rapidly to 258 kg, which is down by -33.3% on the previous year. In general, imports showed a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 176%. As a result, imports reached the peak of 387 kg, and then declined sharply in the following year.

In value terms, imports of pearls; articles of natural or cultured pearlses shrank to $306K in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,110%. As a result, imports reached the peak of $331K, and then contracted in the following year.

Import of Pearls; Articles of Natural or Cultured Pearls in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A2.455.2242904.2%
Hong Kong SAR12.0N/AN/A13.54.0%
China19.90.30.712.1-15.3%
Germany13.35.89.54.8-28.8%
CroatiaN/AN/A21.74.5-79.3%
Poland0.13.13.03.0210.7%
HungaryN/A10.514.02.0-56.4%
Vietnam1.1N/AN/AN/A0%
Others7.85.222724.646.6%
Total54.127.333130678.2%

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

  1. China (163.0 kg)
  2. Spain (34.0 kg)
  3. Hungary (16.0 kg)
  4. Hong Kong SAR (16.0 kg)
  5. Poland (5.0 kg)
  6. Croatia (3.0 kg)
  7. Germany (2.0 kg)

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

For the fourth year in a row, Slovakia recorded growth in overseas shipments of pearls; articles of natural or cultured pearlses, which increased by 43% to 77 kg in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of pearls; articles of natural or cultured pearlses expanded modestly to $4.9K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 143% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Pearls; Articles of Natural or Cultured Pearls in Slovakia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic35.02762312,365307.3%
Germany3351,9792,3941,71772.4%
Poland30838185257523.1%
Spain46915164.0211-23.4%
OthersN/AN/A1,25011.0-99.1%
Total1,1472,7874,7914,87962.0%

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

  1. Czech Republic (31.0 kg)
  2. Germany (23.0 kg)
  3. Poland (15.0 kg)
  4. Spain (7.0 kg)

Source: IndexBox Market Intelligence Platform

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