Kenya - 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 Kenya - 2021
Contents:
- Price for Precious Stone and Pearl in Kenya (FOB) - 2022
- Price for Precious Stone and Pearl in Kenya (CIF) - 2022
- Exports of Precious Stone and Pearl in Kenya
- Imports of Precious Stone and Pearl in Kenya
Price for Precious Stone and Pearl in Kenya (FOB) - 2022
In 2022, the average precious stone and pearl export price amounted to $654 per ton, dropping by -49.5% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 328% against the previous year. The export price peaked at $6,758 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14,750 per ton), while the average price for exports to Tanzania ($5.8 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 Thailand (+82.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Precious Stone and Pearl in Kenya (CIF) - 2022
The average precious stone and pearl import price stood at $1,296 per ton in 2022, reducing by -45.2% against the previous year. In general, the import price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 5,925% against the previous year. As a result, import price reached the peak level of $17,537 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($60,514 per ton), while the price for Thailand ($16 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+178.8%), while the prices for the other major suppliers experienced a decline.
Exports of Precious Stone and Pearl in Kenya
In 2022, the amount of cultured pearls, precious or semi-precious stones exported from Kenya skyrocketed to 2.6K tons, jumping by 41% on the previous year's figure. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 913% against the previous year. As a result, the exports attained the peak of 3.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, precious stone and pearl exports dropped remarkably to $1.7M in 2022. In general, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 135%. As a result, the exports reached the peak of $2.4M, and then fell sharply in the following year.
| Export of Precious Stone and Pearl in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 365 | 218 | 1,090 | 613 | 18.9% |
| Democratic Republic of the Congo | 0.5 | 0.2 | 26.2 | 19.8 | 240.9% |
| Hong Kong SAR | 40.1 | 16.1 | 69.7 | 18.1 | -23.3% |
| Rwanda | 0.2 | 0.3 | 0.3 | 12.9 | 301.0% |
| Taiwan (Chinese) | 10.7 | 8.1 | 23.6 | 10.9 | 0.6% |
| United Arab Emirates | 29.5 | 1.5 | 23.1 | 4.5 | -46.6% |
| Tanzania | 4.0 | 1.4 | 1.7 | 4.0 | 0.0% |
| Others | 982 | 756 | 1,121 | 996 | 0.5% |
| Total | 1,432 | 1,002 | 2,355 | 1,678 | 5.4% |
Top Export Markets for Precious Stone and Pearl from Kenya in 2022:
- Democratic Republic of the Congo (998.4 tons)
- Tanzania (686.7 tons)
- Hong Kong SAR (557.6 tons)
- Taiwan (Chinese) (157.5 tons)
- United States (41.5 tons)
- United Arab Emirates (0.2 tons)
Imports of Precious Stone and Pearl in Kenya
In 2022, overseas purchases of cultured pearls, precious or semi-precious stones were finally on the rise to reach 62 tons after two years of decline. In general, imports, however, recorded a sharp slump.
In value terms, precious stone and pearl imports skyrocketed to $81K in 2022. Overall, imports, however, showed a abrupt shrinkage.
| Import of Precious Stone and Pearl in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.1 | 18.0 | 6.6 | 15.2 | 54.8% |
| China | 3.1 | 0.9 | 1.7 | 2.2 | -10.8% |
| South Africa | 19.1 | 4.3 | 0.1 | 0.8 | -65.3% |
| Thailand | 0.5 | 1.6 | 0.2 | 0.5 | 0.0% |
| Others | 89.4 | 66.6 | 61.6 | 62.1 | -11.4% |
| Total | 116 | 91.5 | 70.1 | 80.8 | -11.4% |
Top Suppliers of Precious Stone and Pearl to Kenya in 2022:
- South Africa (undefined tons)
- China (undefined tons)
- Thailand (28.7 tons)
- United Kingdom (7.3 tons)
This report provides an in-depth analysis of the market for precious stone and pearl in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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
269
This report provides an in-depth analysis of the market for precious stone and pearl in Kenya.
387
This report provides an in-depth analysis of the frozen boiled potatoes market in Kenya.
383
This report provides an in-depth analysis of the frozen potato market in Kenya.
297
This report provides an in-depth analysis of the frozen vegetable market in Kenya.
2223
This report provides an in-depth analysis of the global market for precious stone and pearl.
638
This report provides an in-depth analysis of the global frozen boiled potatoes market.
2628
This report provides an in-depth analysis of the global frozen potato market.
920
This report provides an in-depth analysis of the global frozen vegetable market.
269
This report provides an in-depth analysis of the market for precious stone and pearl in Kenya.
2223
This report provides an in-depth analysis of the global market for precious stone and pearl.
136
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.
1844
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...
5421
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...
265
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.
1549
Global frozen potato consumption stood at $X in 2017, an increase of X% against the previous year. This figure reflec...
115
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.
136
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.
1844
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...
5421
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...
