Price for Pearls; Articles of Natural or Cultured Pearls in Finland - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Finland (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Finland (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Finland
- Exports of Pearls; Articles of Natural or Cultured Pearls in Finland
Price for Pearls; Articles of Natural or Cultured Pearls in Finland (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $129,894 per ton, rising by 22% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2018 when the average import price increased by 54% against the previous year. Over the period under review, average import prices attained the maximum at $156,219 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Italy ($159,426 per ton), while the price for China ($70,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+37.7%), while the prices for the other major suppliers experienced a decline.
Price for Pearls; Articles of Natural or Cultured Pearls in Finland (FOB) - 2022
In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $75,400 per ton, shrinking by -53.8% against the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2018 when the average export price increased by 569%. As a result, the export price attained the peak level of $2,033 per kg. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($275,000 per ton), while the average price for exports to China ($15,000 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 Spain (+143.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pearls; Articles of Natural or Cultured Pearls in Finland
In 2022, after three years of growth, there was significant decline in overseas purchases of pearls; articles of natural or cultured pearlses, when their volume decreased by -11.4% to 1.4 tons. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 168% against the previous year. As a result, imports attained the peak of 1.6 tons, and then dropped in the following year.
In value terms, imports of pearls; articles of natural or cultured pearlses reached $185K in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 128% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Pearls; Articles of Natural or Cultured Pearls in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.4 | 3.7 | 3.6 | 52.8 | 235.4% |
| Italy | 1.2 | N/A | N/A | 47.5 | 240.8% |
| China | 48.8 | 50.4 | 96.0 | 37.2 | -8.7% |
| Spain | N/A | 3.3 | 3.7 | 1.9 | -24.1% |
| Others | 27.3 | 17.7 | 67.5 | 45.4 | 18.5% |
| Total | 78.6 | 75.0 | 171 | 185 | 33.0% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Finland in 2022:
- China (527.0 kg)
- Germany (512.0 kg)
- Italy (298.0 kg)
- Spain (25.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Finland
In 2022, shipments abroad of pearls; articles of natural or cultured pearlses decreased by -33.3% to 10 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 15 kg, and then plummeted in the following year.
In value terms, exports of pearls; articles of natural or cultured pearlses dropped dramatically to $754 in 2022. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $2.5K, and then declined rapidly in the following year.
| Export of Pearls; Articles of Natural or Cultured Pearls in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,061 | 718 | 567 | 275 | -36.2% |
| Germany | 90.0 | 135 | 62.0 | 121 | 10.4% |
| Poland | N/A | N/A | 153 | 115 | -24.8% |
| Spain | 6.0 | 15.0 | 145 | 87.0 | 143.8% |
| Netherlands | N/A | N/A | N/A | 53.0 | 0% |
| Switzerland | N/A | N/A | N/A | 43.0 | 0% |
| Estonia | 15.0 | N/A | N/A | 30.0 | 26.0% |
| Czech Republic | N/A | N/A | N/A | 15.0 | 0% |
| China | N/A | N/A | N/A | 15.0 | 0% |
| Thailand | N/A | N/A | 121 | N/A | 0% |
| Sweden | 202 | 182 | 882 | N/A | 109.0% |
| United Kingdom | N/A | N/A | 389 | N/A | 0% |
| Singapore | N/A | 341 | N/A | N/A | 0% |
| Others | N/A | 243 | 131 | N/A | -46.1% |
| Total | 1,374 | 1,634 | 2,450 | 754 | -18.1% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Finland in 2022:
- Poland (2.0 kg)
- Netherlands (1.0 kg)
- Czech Republic (1.0 kg)
- Estonia (1.0 kg)
- United States (1.0 kg)
- Germany (1.0 kg)
- Switzerland (1.0 kg)
- China (1.0 kg)
- Spain (1.0 kg)
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