Hong Kong SAR, China - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Precious Stone and Pearl in Hong Kong SAR - 2023
Contents:
- Price for Precious Stone and Pearl in Hong Kong SAR (CIF) - 2023
- Price for Precious Stone and Pearl in Hong Kong SAR (FOB) - 2022
- Imports of Precious Stone and Pearl in Hong Kong SAR
- Exports of Precious Stone and Pearl in Hong Kong SAR
Price for Precious Stone and Pearl in Hong Kong SAR (CIF) - 2023
The average precious stone and pearl import price stood at $6.8B per ton in June 2023, dropping by -2.1% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in November 2022 an increase of 23% against the previous month. As a result, import price reached the peak level of $7.4M per kg. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($13.2B per ton), while the price for Thailand ($3.9B per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Precious Stone and Pearl in Hong Kong SAR (FOB) - 2022
The average precious stone and pearl export price stood at $10,194 per ton in 2022, rising by 3.3% against the previous year. Over the period under review, the export price, however, showed a pronounced setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $21,771 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 the United Arab Emirates ($6,133,225 per ton), while the average price for exports to Italy ($3,375 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 Arab Emirates (+101.0%), while the prices for the other major destinations experienced a decline.
Imports of Precious Stone and Pearl in Hong Kong SAR
Precious stone and pearl imports into Hong Kong SAR reduced to 3M tons in 2022, with a decrease of -9% against the year before. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year.
In value terms, precious stone and pearl imports stood at $16.8B in 2022. Over the period under review, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2021 when imports increased by 37%.
| Import of Precious Stone and Pearl in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.9 | 4.7 | 6.8 | 6.0 | -4.6% |
| China | 1.5 | 1.0 | 2.2 | 2.4 | 17.0% |
| United States | 2.1 | 1.3 | 1.6 | 2.2 | 1.6% |
| Japan | 0.4 | 0.4 | 0.8 | 0.8 | 26.0% |
| Singapore | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Thailand | 0.5 | 0.5 | 0.5 | 0.7 | 11.9% |
| Switzerland | 0.9 | 0.3 | 0.4 | 0.6 | -12.6% |
| France | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Italy | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| Others | 5.0 | 3.5 | 3.7 | 3.1 | -14.7% |
| Total | 17.9 | 12.1 | 16.6 | 16.8 | -2.1% |
Top Suppliers of Precious Stone and Pearl to Hong Kong SAR in 2022:
- United States (581.2K tons)
- Thailand (487.1K tons)
- Switzerland (391.8K tons)
- India (330.4K tons)
- Singapore (286.1K tons)
- Japan (218.9K tons)
- Italy (177.9K tons)
- China (151.2K tons)
- Germany (126.2K tons)
- France (67.0K tons)
Exports of Precious Stone and Pearl in Hong Kong SAR
In 2022, approx. 1.7M tons of cultured pearls, precious or semi-precious stones were exported from Hong Kong SAR; picking up by 6.7% on 2021. The total export volume increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, precious stone and pearl exports expanded rapidly to $17.6B in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.5% 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 +55.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 41%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Precious Stone and Pearl in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 3.2 | 6.5 | 6.1 | 26.7% |
| India | 2.4 | 2.4 | 2.8 | 3.7 | 15.5% |
| United States | 2.5 | 1.6 | 2.2 | 2.3 | -2.7% |
| Thailand | 0.7 | 0.6 | 0.7 | 0.8 | 4.6% |
| Singapore | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Belgium | 1.3 | 0.8 | 0.7 | 0.7 | -18.6% |
| Switzerland | 1.1 | 0.2 | 0.4 | 0.6 | -18.3% |
| Japan | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| France | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Italy | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| United Arab Emirates | 0.6 | 0.2 | 0.1 | N/A | -59.2% |
| Others | 1.9 | 1.4 | 1.5 | 1.7 | -3.6% |
| Total | 14.5 | 11.3 | 16.0 | 17.6 | 6.7% |
Top Export Markets for Precious Stone and Pearl from Hong Kong SAR in 2022:
- United Arab Emirates (undefinedK tons)
- China (738.1K tons)
- India (233.8K tons)
- United States (197.5K tons)
- Thailand (153.0K tons)
- Singapore (63.1K tons)
- France (46.4K tons)
- Japan (46.3K tons)
- Switzerland (45.0K tons)
- Belgium (43.0K tons)
- Italy (32.6K tons)
- Germany (22.1K tons)
This report provides an in-depth analysis of the market for precious stone and pearl in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
300
This report provides an in-depth analysis of the market for precious stone and pearl in Hong Kong SAR, China.
396
This report provides an in-depth analysis of the frozen boiled potatoes market in Hong Kong SAR, China.
634
This report provides an in-depth analysis of the frozen potato market in Hong Kong SAR, China.
322
This report provides an in-depth analysis of the frozen vegetable market in Hong Kong SAR, China.
2221
This report provides an in-depth analysis of the global market for precious stone and pearl.
628
This report provides an in-depth analysis of the global frozen boiled potatoes market.
2577
This report provides an in-depth analysis of the global frozen potato market.
890
This report provides an in-depth analysis of the global frozen vegetable market.
300
This report provides an in-depth analysis of the market for precious stone and pearl in Hong Kong SAR, China.
2221
This report provides an in-depth analysis of the global market for precious stone and pearl.
307
In March 2023, the frozen potato price stood at $1,787 per ton (CIF, Hong Kong), declining by -3.5% against the previous month.
121
Discover the top 10 countries leading the import market for precious stones and pearls in 2023. Learn about the key players and factors driving the global trade in these valuable commodities.
1840
In 2016, the amount of pearl imported worldwide stood at X tons, approximately equating the previous year level. Overall, pearl imports continue to indicate a drastic contraction. The pace of grow...
5412
In 2016, the amount of pearl imported worldwide stood at X tons, approximately equating the previous year level. Overall, pearl imports continue to indicate a drastic contraction. The pace of grow...
248
Explore the top import markets for frozen potato and their key statistics. Learn about the leading countries and their import values in the global frozen potato industry.
1545
Global frozen potato consumption stood at $X in 2017, an increase of X% against the previous year. This figure reflec...
108
Discover the top import markets for frozen vegetables and key statistics on the global trade of frozen vegetables. Explore the demand for frozen vegetables in the United States, Japan, the United Kingdom, and more.
121
Discover the top 10 countries leading the import market for precious stones and pearls in 2023. Learn about the key players and factors driving the global trade in these valuable commodities.
1840
In 2016, the amount of pearl imported worldwide stood at X tons, approximately equating the previous year level. Overall, pearl imports continue to indicate a drastic contraction. The pace of grow...
5412
In 2016, the amount of pearl imported worldwide stood at X tons, approximately equating the previous year level. Overall, pearl imports continue to indicate a drastic contraction. The pace of grow...
