Price for Pearls; Articles of Natural or Cultured Pearls in Switzerland - 2024

Contents:

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

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

In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $2,719,033 per ton, picking up by 33% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The import price peaked at $11,637,369 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 France ($10,533,694 per ton), while the price for the United Arab Emirates ($219,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for pearls; articles of natural or cultured pearlses stood at $6,886,919 per ton in 2022, dropping by -11.8% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 76%. The export price peaked at $36,583,667 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($34,872,000 per ton), while the average price for exports to Denmark ($575,333 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 Denmark (+32.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of pearls; articles of natural or cultured pearlses into Switzerland expanded markedly to 1.8 tons, growing by 7.7% on the previous year's figure. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 36% 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 skyrocketed to $4.8M in 2022. Overall, imports, however, continue to indicate a dramatic setback.

Import of Pearls; Articles of Natural or Cultured Pearls in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom70743.542.11,56630.4%
Germany1,035540489941-3.1%
United States1,25898658.5708-17.4%
Hong Kong SAR2,01156.9525684-30.2%
France1,29126.0818379-33.5%
China263173310222-5.5%
Thailand24.821.610.828.64.9%
United Arab Emirates2,736N/AN/A0.2-95.8%
EgyptN/A400N/AN/A0%
Others1,2155241,115300-37.3%
Total10,5412,7713,3684,829-22.9%

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

  1. Germany (562.0 kg)
  2. China (426.0 kg)
  3. Hong Kong SAR (269.0 kg)
  4. United Kingdom (266.0 kg)
  5. United States (87.0 kg)
  6. Thailand (42.0 kg)
  7. France (36.0 kg)
  8. United Arab Emirates (1.0 kg)

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

Exports of pearls; articles of natural or cultured pearlses from Switzerland shrank rapidly to 172 kg in 2022, dropping by -38.8% against the previous year's figure. In general, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8%.

In value terms, exports of pearls; articles of natural or cultured pearlses fell remarkably to $1.2M in 2022. Overall, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 66%.

Export of Pearls; Articles of Natural or Cultured Pearls in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR11,34891.558.7593-62.6%
Germany509304218272-18.9%
France1.018.1280147427.8%
United States26311.974183.3-31.8%
Italy1,25816441.013.1-78.2%
SingaporeN/AN/AN/A8.00%
ThailandN/AN/AN/A5.10%
United Kingdom34.97087082.5-58.5%
Denmark0.40.50.91.762.0%
Hungary18.0N/AN/AN/A0%
Others2,28123.614759.3-70.4%
Total15,7141,3222,1951,185-57.8%

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

  1. Germany (98.0 kg)
  2. France (27.0 kg)
  3. Hong Kong SAR (17.0 kg)
  4. United States (5.0 kg)
  5. Singapore (5.0 kg)
  6. Thailand (5.0 kg)
  7. Denmark (3.0 kg)
  8. Italy (1.0 kg)
  9. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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