Price for Pearls; Articles of Natural or Cultured Pearls in South Africa - 2024
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in South Africa (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in South Africa (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in South Africa
- Exports of Pearls; Articles of Natural or Cultured Pearls in South Africa
Price for Pearls; Articles of Natural or Cultured Pearls in South Africa (CIF) - 2022
The average import price for pearls; articles of natural or cultured pearlses stood at $4,984 per ton in 2022, waning by -6.5% against the previous year. In general, the import price showed a deep slump. The pace of growth appeared the most rapid in 2013 an increase of 65% against the previous year. Over the period under review, average import prices attained the maximum at $33,006 per ton in 2016; however, from 2017 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 Thailand ($13,000 per ton), while the price for China totaled $4,636 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-8.6%).
Price for Pearls; Articles of Natural or Cultured Pearls in South Africa (FOB) - 2022
In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $16,240 per ton, surging by 24% against the previous year. In general, the export price, however, showed a mild decline. The most prominent rate of growth was recorded in 2013 an increase of 188% against the previous year. Over the period under review, the average export prices hit record highs at $77,786 per ton in 2014; however, from 2015 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 Namibia ($51,622 per ton), while the average price for exports to Tanzania ($3,928 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 Zambia (+3.4%), while the prices for the other major destinations experienced a decline.
Imports of Pearls; Articles of Natural or Cultured Pearls in South Africa
Imports of pearls; articles of natural or cultured pearlses into South Africa surged to 19 tons in 2022, picking up by 76% against 2021. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pearls; articles of natural or cultured pearlses skyrocketed to $95K in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pearls; Articles of Natural or Cultured Pearls in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.2 | 50.0 | 53.0 | 87.6 | 3.0% |
| Others | 14.2 | 3.3 | 4.5 | 7.4 | -19.5% |
| Total | 94.4 | 53.3 | 57.5 | 95.0 | 0.2% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to South Africa in 2022:
- China (18.9 tons)
Exports of Pearls; Articles of Natural or Cultured Pearls in South Africa
After two years of decline, shipments abroad of pearls; articles of natural or cultured pearlses increased by 16% to 1.4 tons in 2022. In general, exports, however, continue to indicate a precipitous decline.
In value terms, exports of pearls; articles of natural or cultured pearlses skyrocketed to $23K in 2022. Overall, exports showed a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by 47%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Pearls; Articles of Natural or Cultured Pearls in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 5.0 | 2.9 | 6.7 | 9.6 | 24.3% |
| Botswana | 2.3 | 1.6 | 2.8 | 4.0 | 20.3% |
| Kenya | 2.0 | 2.4 | 1.2 | 2.5 | 7.7% |
| Swaziland | 0.3 | 0.1 | 0.2 | 1.6 | 74.7% |
| Mauritius | 0.3 | 0.7 | 0.4 | 1.1 | 54.2% |
| Zambia | 0.6 | 0.7 | 0.7 | 1.0 | 18.6% |
| Lesotho | 0.5 | 0.2 | 0.3 | 0.9 | 21.6% |
| Mozambique | N/A | N/A | 1.2 | 0.6 | -50.0% |
| Tanzania | 0.3 | 0.8 | 0.5 | 0.3 | 0.0% |
| Hong Kong SAR | 3.4 | N/A | N/A | N/A | 0% |
| Zimbabwe | N/A | 0.5 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 0.4 | N/A | 0% |
| Others | 1.2 | 0.8 | 1.2 | 1.1 | -2.9% |
| Total | 15.9 | 10.7 | 15.8 | 22.7 | 12.6% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from South Africa in 2022:
- Kenya (395.0 kg)
- Namibia (185.0 kg)
- Mauritius (159.0 kg)
- Zambia (151.0 kg)
- Lesotho (113.0 kg)
- Botswana (112.0 kg)
- Tanzania (83.0 kg)
- Swaziland (75.0 kg)
- Mozambique (67.0 kg)
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