Report Update Apr 1, 2024

Puerto Rico - Cultured Pearls, Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Cultured Pearls, Precious Or Semi-Precious Stones 2022

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

The Puerto Rican precious stone and pearl market totaled less than $X in 2021, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Exports of Cultured Pearls, Precious Or Semi-Precious Stones

Exports by Country

Brazil represented the largest exporting country with an export of around X tons, which finished at 68% of total exports. Hong Kong SAR (X tons) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the United States (6.3%), Chile (4.8%) and China (less than 0.1%). Vietnam (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to precious stone and pearl exports from Brazil stood at +30.4%. At the same time, Chile (+36.6%), Vietnam (+13.0%) and Hong Kong SAR (+7.8%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in the world, with a CAGR of +36.6% from 2012-2021. By contrast, the United States (-2.9%) and China (-61.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil and Chile increased by +50 and +4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest precious stone and pearl supplying countries from Puerto Rico were the United States ($X), Hong Kong SAR ($X) and China ($X), together accounting for 41% of total exports. Vietnam, Brazil and Chile lagged somewhat behind, together comprising a further 0.5%.

In terms of the main exporting countries, Vietnam, with a CAGR of +15.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while Chile (less than $X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+153.4%), while the other leaders experienced more modest paces of growth.

Imports of Cultured Pearls, Precious Or Semi-Precious Stones

Imports by Country

The purchases of the two major importers of cultured pearls, precious or semi-precious stones, namely Swaziland and Suriname, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were in Suriname (with a CAGR of +741.3%).

In value terms, Swaziland ($X) constitutes the largest market for imported cultured pearls, precious or semi-precious stones into Puerto Rico, comprising less than 0.1% of global imports. The second position in the ranking was taken by Suriname ($X), with less than 0.1% share of global imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Swaziland amounted to +14.2%.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was Swaziland (less than $X per ton), while Suriname amounted to less than $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (-23.7%).

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Frequently Asked Questions (FAQ) :

What are the largest producers of cultured pearls, precious or semi-precious stones in the world?

The country with the largest volume of precious stone and pearl production was Vietnam, comprising approx. 97% of total volume. It was followed by Brazil, with a 1.7% share of total production.

What are the leading suppliers of cultured pearls, precious or semi-precious stones to Puerto Rico?

In value terms, Swaziland constitutes the largest market for imported cultured pearls, precious or semi-precious stones into Puerto Rico, comprising less than 0.1% of global imports. The second position in the ranking was taken by Suriname, with less than 0.1% share of global imports.

What are the leading importers of cultured pearls, precious or semi-precious stones from Puerto Rico?

In value terms, the largest precious stone and pearl supplying countries from Puerto Rico were the United States, Hong Kong SAR and China, together comprising 41% of total exports. Vietnam, Brazil and Chile lagged somewhat behind, together accounting for a further 0.5%.

What is the average export price for cultured pearls, precious or semi-precious stones in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for cultured pearls, precious or semi-precious stones in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, remaining constant against the previous year.

This report provides an in-depth analysis of the market for precious stone and pearl in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023