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Romania - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
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Romania: Overview of the Market for Cultured Pearls, Precious Or Semi-Precious Stones 2021

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

The Romanian precious stone and pearl market was estimated at $X in 2020, stabilizing 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). Overall, consumption showed a prominent expansion. The pace of growth appeared the most rapid in 2014 when the market value increased by X% year-to-year. Precious stone and pearl consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Exports of Cultured Pearls, Precious Or Semi-Precious Stones

Exports from Romania

For the sixth consecutive year, Romania recorded growth in shipments abroad of cultured pearls, precious or semi-precious stones, which increased by X% to X tonnes in 2020. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Exports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, precious stone and pearl exports amounted to $X in 2020. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Canada (X tonnes) was the main destination for precious stone and pearl exports from Romania, accounting for a X% share of total exports. Moreover, precious stone and pearl exports to Canada exceeded the volume sent to the second major destination, the Netherlands (X kg), sixfold.

From 2007 to 2020, the average annual growth rate of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Israel (+X% per year).

In value terms, Canada ($X) emerged as the key foreign market for precious stone and pearl exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Israel (-X% per year).

Export Prices by Country

The average precious stone and pearl export price stood at $X per kg in 2020, flattening at the previous year. Over the period under review, the export price faced a dramatic decline. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per kg in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2020, the country with the highest price was Canada ($X per kg), while the average price for exports to Israel ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced a decline.

Imports of Cultured Pearls, Precious Or Semi-Precious Stones

Imports into Romania

In 2020, approx. X tonnes of cultured pearls, precious or semi-precious stones were imported into Romania; picking up by X% compared with the year before. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, precious stone and pearl imports reached $X in 2020. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Namibia (X tonnes) constituted the largest precious stone and pearl supplier to Romania, accounting for a X% share of total imports. Moreover, precious stone and pearl imports from Namibia exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Namibia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of precious stone and pearl to Romania, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Belgium stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+X% per year) and Namibia (X% per year).

Import Prices by Country

The average precious stone and pearl import price stood at $X per tonne in 2020, flattening at the previous year. In general, the import price recorded a significant curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($X per tonne), while the price for Namibia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Namibia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cultured pearls, precious or semi-precious stones in the world?
+
The countries with the highest volumes of precious stone and pearl consumption in 2020 were China (425K tonnes), Hong Kong SAR (232K tonnes) and Mauritius (95K tonnes), together comprising 80% of global consumption.
What are the largest producers of cultured pearls, precious or semi-precious stones in the world?
+
Thailand (185K tonnes) remains the largest precious stone and pearl producing country worldwide, comprising approx. 95% of total volume.
What are the leading suppliers of cultured pearls, precious or semi-precious stones to Romania?
+
In value terms, Belgium ($927K) constituted the largest supplier of precious stone and pearl to Romania, comprising 41% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($384K), with a 17% share of total imports.
What are the leading importers of cultured pearls, precious or semi-precious stones from Romania?
+
In value terms, Canada ($191K) emerged as the key foreign market for precious stone and pearl exports from Romania, comprising 68% of total exports. The second position in the ranking was occupied by the Netherlands ($31K), with a 11% share of total exports.
What is the average export price for cultured pearls, precious or semi-precious stones in Romania?
+
In 2020, the average precious stone and pearl export price amounted to $51 per kg, stabilizing at the previous year.
What is the average import price for cultured pearls, precious or semi-precious stones in Romania?
+
In 2020, the average precious stone and pearl import price amounted to $15,277 per tonne, stabilizing at the previous year.

Product coverage:
• Prodcom 32121100 - Cultured pearls, precious or semi-precious stones, including synthetic or reconstructed, worked but not set

This report provides an in-depth analysis of the market for precious stone and pearl in Romania. 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 2025.


Country coverage:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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