Price for Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates - 2022
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates (FOB) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates (CIF) - 2022
- Exports of Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates
- Imports of Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates
Price for Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates (FOB) - 2022
The average export price for pearls; articles of natural or cultured pearlses stood at $45,678 per ton in 2022, shrinking by -94.1% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 186% against the previous year. As a result, the export price attained the peak level of $1,270,613 per ton. From 2021 to 2022, the average 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 Switzerland ($465,302 per ton), while the average price for exports to Bangladesh ($1,634 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 Saudi Arabia (+86.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $62,022 per ton, reducing by -88.6% against the previous year. Over the period under review, the import price recorded a precipitous decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 161%. Over the period under review, average import prices attained the peak figure at $1,384,876 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($2,270,891 per ton), while the price for Nepal ($621 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 (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates
In 2022, exports of pearls; articles of natural or cultured pearlses from the United Arab Emirates surged to 135 tons, picking up by 4,174% compared with the previous year. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pearls; articles of natural or cultured pearlses skyrocketed to $6.2M in 2022. Over the period under review, exports showed a notable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 5.6 | 22.3 | 14.6 | 2,748 | 688.8% |
| Qatar | N/A | N/A | N/A | 1,412 | 0% |
| Switzerland | 2,736 | N/A | N/A | 454 | -45.0% |
| Sudan | N/A | N/A | N/A | 220 | 0% |
| South Sudan | N/A | N/A | N/A | 135 | 0% |
| Uganda | N/A | N/A | N/A | 57.7 | 0% |
| Bangladesh | N/A | N/A | N/A | 12.3 | 0% |
| Yemen | N/A | N/A | N/A | 11.0 | 0% |
| Thailand | 1,800 | N/A | 0.3 | 9.9 | -82.3% |
| United States | N/A | N/A | 1,839 | 3.5 | -99.8% |
| Others | 961 | 1,487 | 609 | 1,121 | 5.3% |
| Total | 5,502 | 1,509 | 2,463 | 6,185 | 4.0% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from the United Arab Emirates in 2022:
- Qatar (88.7 tons)
- Saudi Arabia (18.2 tons)
- Bangladesh (7.5 tons)
- Uganda (5.8 tons)
- South Sudan (5.0 tons)
- Sudan (3.3 tons)
- Yemen (2.2 tons)
- Switzerland (1.0 tons)
- Thailand (0.2 tons)
- United States (0.1 tons)
Imports of Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates
In 2022, imports of pearls; articles of natural or cultured pearlses into the United Arab Emirates surged to 91 tons, with an increase of 2,781% compared with the year before. Over the period under review, imports showed a significant increase. 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 $5.7M in 2022. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pearls; Articles of Natural or Cultured Pearls in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.0 | 1.9 | 3.8 | 1,301 | 283.9% |
| France | 16.6 | 5.4 | 121 | 593 | 229.3% |
| Turkey | 0.1 | N/A | 0.2 | 306 | 1351.8% |
| Mexico | N/A | N/A | N/A | 280 | 0% |
| Bulgaria | N/A | N/A | N/A | 24.5 | 0% |
| Tanzania | N/A | N/A | N/A | 18.9 | 0% |
| Thailand | 2,799 | N/A | N/A | 8.5 | -85.5% |
| Nepal | N/A | N/A | N/A | 5.3 | 0% |
| Spain | 96.3 | 21.9 | 41.1 | N/A | -34.7% |
| Others | 1,151 | 614 | 1,558 | 3,135 | 39.7% |
| Total | 4,086 | 643 | 1,723 | 5,672 | 11.6% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to the United Arab Emirates in 2022:
- China (27.8 tons)
- Tanzania (22.2 tons)
- Mexico (18.5 tons)
- Nepal (8.6 tons)
- France (3.9 tons)
- Turkey (2.2 tons)
- Bulgaria (1.8 tons)
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