Germany: Overview of the Market for Cultured Pearls, Precious Or Semi-Precious Stones 2019

Market Size for Cultured Pearls, Precious Or Semi-Precious Stones in Germany

The revenue of the precious stone and pearl market in Germany amounted to $X in 2018, increasing by X% against the previous year. In general, precious stone and pearl consumption, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, the precious stone and pearl market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Production of Cultured Pearls, Precious Or Semi-Precious Stones in Germany

In value terms, precious stone and pearl production totaled $X in 2018 estimated in export prices. Overall, precious stone and pearl production continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2014 when production volume increased by X% against the previous year. Over the period under review, precious stone and pearl production reached its maximum level in 2018 and is likely to continue its growth in the immediate term.

Exports of Cultured Pearls, Precious Or Semi-Precious Stones

Exports from Germany

In 2018, the precious stone and pearl exports from Germany amounted to X tonnes, picking up by X% against the previous year. In general, precious stone and pearl exports, however, continue to indicate a drastic curtailment. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, precious stone and pearl exports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, precious stone and pearl exports stood at $X in 2018. Overall, precious stone and pearl exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Germany exports peaked in 2018 and are likely to continue its growth in the near future.

Exports by Country

Thailand dominates precious stone and pearl exports structure, finishing at X tonnes, which was near X% of total exports in 2018. The U.S. (X tonnes) occupied a relatively small share of total exports.

Thailand was also the fastest-growing in terms of the cultured pearls, precious or semi-precious stones exports, with a CAGR of +X% from 2007 to 2018. At the same time, the U.S. (+X%) displayed positive paces of growth. From 2007 to 2018, the share of Thailand and the U.S. increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest precious stone and pearl supplier from Germany, comprising X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports.

From 2007 to 2018, the average annual growth rate of value in the U.S. totaled -X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Germany (+X% per year).

Export Prices by Country

The precious stone and pearl export price in Germany stood at $X per kg in 2018, approximately equating the previous year. Overall, the export price indicated prominent growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, precious stone and pearl export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. In that year, the export prices for cultured pearls, precious or semi-precious stones reached their peak level of $X per kg, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per kg), while Thailand totaled $X per kg.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Imports of Cultured Pearls, Precious Or Semi-Precious Stones

Imports into Germany

In 2018, the precious stone and pearl imports into Germany totaled X tonnes, going up by X% against the previous year. In general, precious stone and pearl imports, however, continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Germany imports peaked at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, precious stone and pearl imports totaled $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Germany imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, China (X tonnes) represented the key importer of cultured pearls, precious or semi-precious stones, creating X% of total imports. China, Hong Kong SAR (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Thailand (X%), Mauritius (X%), the U.S. (X%) and India (X%). Chile (X tonnes) occupied a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mauritius (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China, Hong Kong SAR ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. China, Thailand, Germany, Mauritius and Chile lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the precious stone and pearl import price in Germany amounted to $X per kg, growing by X% against the previous year. Overall, the precious stone and pearl import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, the import prices for cultured pearls, precious or semi-precious stones reached their peak figure in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per kg), while Chile ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform