Russian Federation - 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 Russia - 2022
Contents:
- Price for Precious Stone and Pearl in Russia (FOB) - 2022
- Price for Precious Stone and Pearl in Russia (CIF) - 2022
- Exports of Precious Stone and Pearl in Russia
- Imports of Precious Stone and Pearl in Russia
Price for Precious Stone and Pearl in Russia (FOB) - 2022
In 2022, the average precious stone and pearl export price amounted to $153,173 per ton, dropping by -80.5% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 134% against the previous year. The export price peaked at $860,046 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 Hong Kong SAR ($579,189,000 per ton), while the average price for exports to Belarus ($835 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 Botswana (+173.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Precious Stone and Pearl in Russia (CIF) - 2022
In 2022, the average precious stone and pearl import price amounted to $10,881 per ton, falling by -31.6% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 163%. Over the period under review, average import prices reached the maximum at $15,899 per ton in 2021, and then reduced remarkably in the following year.
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 India ($78,578 per ton), while the price for Democratic Republic of the Congo ($4.3 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Precious Stone and Pearl in Russia
In 2022, exports of cultured pearls, precious or semi-precious stones from Russia dropped significantly to 381 tons, which is down by -33.7% against the previous year's figure. Over the period under review, exports showed a sharp descent. The smallest decline of -11.4% was in 2021.
In value terms, precious stone and pearl exports contracted significantly to $58M in 2022. Overall, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 20%.
Export of Precious Stone and Pearl in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | N/A | N/A | N/A | 43.6 | 0% |
Belgium | 248 | 69.1 | 68.7 | 2.8 | -77.6% |
United States | 223 | 70.8 | 89.0 | 1.5 | -81.1% |
Israel | 87.3 | 30.2 | 53.9 | 0.9 | -78.2% |
Hong Kong SAR | 33.8 | 11.0 | 6.2 | 0.6 | -73.9% |
China | 19.5 | 29.1 | 30.5 | 0.3 | -75.1% |
Belarus | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
United Kingdom | 0.5 | N/A | 0.1 | 0.1 | -41.5% |
Botswana | 99.7 | 39.2 | 53.7 | N/A | -26.6% |
Germany | 3.2 | 3.7 | 4.5 | N/A | 18.6% |
Ireland | 1.1 | 0.3 | N/A | N/A | -72.7% |
Lithuania | N/A | N/A | N/A | N/A | 0% |
United Arab Emirates | 55.7 | 21.4 | 31.1 | N/A | -25.3% |
Others | 281 | 99.6 | 113 | 8.5 | -68.8% |
Total | 1,053 | 375 | 451 | 58.4 | -61.9% |
Top Export Markets for Precious Stone and Pearl from Russia in 2022:
- Israel (undefined tons)
- Ireland (undefined tons)
- Belgium (undefined tons)
- Hong Kong SAR (undefined tons)
- Belarus (173.8 tons)
- Uzbekistan (125.8 tons)
- United States (40.8 tons)
- Germany (27.8 tons)
- United Kingdom (1.6 tons)
- China (0.1 tons)
Imports of Precious Stone and Pearl in Russia
In 2022, precious stone and pearl imports into Russia surged to 12K tons, rising by 17% on 2021 figures. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 decreased by -14.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, precious stone and pearl imports shrank dramatically to $132M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 65%. As a result, imports attained the peak of $164M, and then contracted rapidly in the following year.
Import of Precious Stone and Pearl in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Armenia | 64.6 | 65.3 | 76.0 | 70.5 | 3.0% |
India | 26.6 | 22.8 | 66.0 | 32.1 | 6.5% |
Thailand | 4.6 | 5.2 | 9.6 | 3.8 | -6.2% |
China | 2.9 | 1.9 | 3.5 | 0.9 | -32.3% |
Democratic Republic of the Congo | N/A | N/A | N/A | N/A | 0% |
South Africa | 0.3 | N/A | N/A | N/A | 0% |
Madagascar | N/A | N/A | N/A | N/A | 0% |
Brazil | N/A | N/A | 0.1 | N/A | 0% |
Others | 12.8 | 3.8 | 8.7 | 24.2 | 23.7% |
Total | 112 | 99.1 | 164 | 132 | 5.6% |
Top Suppliers of Precious Stone and Pearl to Russia in 2022:
- Democratic Republic of the Congo (5.7K tons)
- Armenia (3.3K tons)
- China (1.7K tons)
- Thailand (0.9K tons)
- India (0.4K tons)
This report provides an in-depth analysis of the market for precious stone and pearl in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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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