Denmark - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Precious Stone and Pearl in Denmark - 2023
Contents:
- Price for Precious Stone and Pearl in Denmark (CIF) - 2022
- Price for Precious Stone and Pearl in Denmark (FOB) - 2022
- Imports of Precious Stone and Pearl in Denmark
- Exports of Precious Stone and Pearl in Denmark
Price for Precious Stone and Pearl in Denmark (CIF) - 2022
In 2022, the average precious stone and pearl import price amounted to $2,250 per ton, rising by 45% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 122%. The import price peaked at $5,557 per ton in 2014; however, from 2015 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 ($3,023 per ton), while the price for Brazil ($31 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 (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Stone and Pearl in Denmark (FOB) - 2022
In 2022, the average precious stone and pearl export price amounted to $5,083,186 per ton, picking up by 31,713% against the previous year. In general, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($51,152,212 per ton), while the average price for exports to Germany ($47,056 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 India (+727.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Stone and Pearl in Denmark
In 2022, overseas purchases of cultured pearls, precious or semi-precious stones decreased by -3.7% to 12K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, imports attained the peak of 15K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, precious stone and pearl imports surged to $28M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Precious Stone and Pearl in Denmark (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,675 | 2,282 | 2,225 | 3,571 | 28.7% |
India | 1,120 | 1,095 | 1,953 | 2,760 | 35.1% |
Hong Kong SAR | 523 | 1,855 | 879 | 1,334 | 36.6% |
China | 326 | 214 | 310 | 777 | 33.6% |
Germany | 931 | 686 | 1,463 | 706 | -8.8% |
Thailand | 793 | 832 | 649 | 702 | -4.0% |
Brazil | 63.7 | 14.9 | 103 | 36.5 | -16.9% |
Vietnam | 0.2 | 10.7 | 20.0 | 25.5 | 403.3% |
Greenland | 96.3 | 92.0 | 96.8 | 5.9 | -60.6% |
Others | 9,504 | 11,204 | 12,346 | 17,995 | 23.7% |
Total | 15,034 | 18,286 | 20,046 | 27,913 | 22.9% |
Top Suppliers of Precious Stone and Pearl to Denmark in 2022:
- Greenland (undefinedK tons)
- China (4.4K tons)
- Germany (1.4K tons)
- United States (1.3K tons)
- Brazil (1.2K tons)
- India (1.2K tons)
- Vietnam (0.6K tons)
- Hong Kong SAR (0.5K tons)
- Thailand (0.2K tons)
Exports of Precious Stone and Pearl in Denmark
In 2022, shipments abroad of cultured pearls, precious or semi-precious stones decreased by -99.7% to 1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 71%. As a result, the exports reached the peak of 2.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, precious stone and pearl exports contracted to $5.3M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 47%. As a result, the exports attained the peak of $5.8M, and then reduced in the following year.
Export of Precious Stone and Pearl in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,724 | 2,254 | 2,947 | 2,660 | 15.6% |
Hong Kong SAR | 598 | 529 | 1,017 | 1,108 | 22.8% |
United Kingdom | N/A | N/A | 330 | 513 | 55.5% |
Vietnam | 204 | 140 | 70.6 | 298 | 13.5% |
Norway | 100 | 73.9 | 107 | 127 | 8.3% |
United States | 227 | 137 | 115 | 117 | -19.8% |
India | 3.4 | 1.9 | 18.3 | 50.1 | 145.2% |
Switzerland | 174 | 58.0 | 64.1 | 48.4 | -34.7% |
Iceland | 8.7 | 12.1 | 41.1 | 38.2 | 63.8% |
Canada | N/A | N/A | 23.2 | 1.1 | -95.3% |
Others | 447 | 741 | 1,079 | 290 | -13.4% |
Total | 3,487 | 3,947 | 5,814 | 5,251 | 14.6% |
Top Export Markets for Precious Stone and Pearl from Denmark in 2022:
- Norway (579.0 kg)
- India (190.0 kg)
- Thailand (52.0 kg)
- United Kingdom (48.0 kg)
- Iceland (23.0 kg)
- Hong Kong SAR (22.0 kg)
- United States (21.0 kg)
- Switzerland (18.0 kg)
- Vietnam (11.0 kg)
- Canada (6.0 kg)
This report provides an in-depth analysis of the market for precious stone and pearl in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32121100 - Cultured pearls, precious or semi-precious stones, including synthetic or reconstructed, worked but not set
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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