Price for Pearls; Articles of Natural or Cultured Pearls in Hungary - 2023
Contents:
- Price for Pearls; Articles of Natural or Cultured Pearls in Hungary (CIF) - 2022
- Price for Pearls; Articles of Natural or Cultured Pearls in Hungary (FOB) - 2022
- Imports of Pearls; Articles of Natural or Cultured Pearls in Hungary
- Exports of Pearls; Articles of Natural or Cultured Pearls in Hungary
Price for Pearls; Articles of Natural or Cultured Pearls in Hungary (CIF) - 2022
In 2022, the average import price for pearls; articles of natural or cultured pearlses amounted to $247,812 per ton, increasing by 16% against the previous year. Overall, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2021 an increase of 74%. Over the period under review, average import prices attained the peak figure at $497,706 per ton in 2014; however, from 2015 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 Poland ($949,000 per ton), while the price for the UK ($8,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+148.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pearls; Articles of Natural or Cultured Pearls in Hungary (FOB) - 2022
In 2022, the average export price for pearls; articles of natural or cultured pearlses amounted to $102,500 per ton, which is down by -56% against the previous year. In general, the export price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2013 an increase of 807% against the previous year. As a result, the export price attained the peak level of $1,264,200 per ton. From 2014 to 2022, the average 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 Slovakia ($415,000 per ton), while the average price for exports to Romania ($8,000 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 the Czech Republic (+1,141.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pearls; Articles of Natural or Cultured Pearls in Hungary
In 2022, purchases abroad of pearls; articles of natural or cultured pearlses decreased by -33.5% to 117 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 1.5% against the previous year. As a result, imports reached the peak of 266 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pearls; articles of natural or cultured pearlses reduced notably to $29K in 2022. Overall, imports faced a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
| Import of Pearls; Articles of Natural or Cultured Pearls in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 4.3 | 9.1 | 8.7 | 25.5% |
| Portugal | 3.8 | 1.9 | 3.2 | 3.9 | 0.9% |
| China | 2.3 | 16.3 | 14.2 | 2.7 | 5.5% |
| Vietnam | 1.4 | 0.4 | 0.3 | 1.8 | 8.7% |
| Thailand | 0.1 | 0.1 | 0.3 | 1.3 | 135.1% |
| Czech Republic | N/A | 0.2 | 1.1 | 1.2 | 144.9% |
| Poland | 5.6 | 0.7 | N/A | 0.9 | -45.6% |
| United Kingdom | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Hong Kong SAR | 6.9 | N/A | N/A | N/A | 0% |
| Turkey | 0.1 | N/A | N/A | N/A | 0% |
| Others | 15.6 | 8.9 | 9.4 | 8.2 | -19.3% |
| Total | 40.2 | 32.7 | 37.6 | 29.0 | -10.3% |
Top Suppliers of Pearls; Articles of Natural or Cultured Pearls to Hungary in 2022:
- United Kingdom (36.0 kg)
- Germany (29.0 kg)
- Thailand (18.0 kg)
- China (13.0 kg)
- Portugal (6.0 kg)
- Czech Republic (4.0 kg)
- Vietnam (3.0 kg)
- Poland (1.0 kg)
Exports of Pearls; Articles of Natural or Cultured Pearls in Hungary
In 2022, overseas shipments of pearls; articles of natural or cultured pearlses increased by 11% to 10 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp descent.
In value terms, exports of pearls; articles of natural or cultured pearlses contracted significantly to $1K in 2022. Over the period under review, exports, however, showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. As a result, the exports attained the peak of $7.1K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Pearls; Articles of Natural or Cultured Pearls in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 5,631 | 5,421 | 1,262 | 415 | -58.1% |
| Serbia | 125 | 57.0 | 21.0 | 220 | 20.7% |
| Czech Republic | N/A | N/A | 12.0 | 149 | 1141.7% |
| Croatia | 483 | 887 | 225 | 100 | -40.8% |
| Bosnia and Herzegovina | 8.0 | 9.0 | N/A | 65.0 | 101.0% |
| Spain | N/A | 86.0 | 59.0 | 31.0 | -40.0% |
| Slovenia | N/A | 300 | 51.0 | 26.0 | -70.6% |
| Montenegro | 4.0 | 4.0 | N/A | 11.0 | 40.1% |
| Romania | 6.0 | N/A | N/A | 8.0 | 10.1% |
| Others | N/A | 348 | 465 | N/A | 33.6% |
| Total | 6,257 | 7,112 | 2,095 | 1,025 | -45.3% |
Top Export Markets for Pearls; Articles of Natural or Cultured Pearls from Hungary in 2022:
- Croatia (2.0 kg)
- Romania (1.0 kg)
- Czech Republic (1.0 kg)
- Serbia (1.0 kg)
- Montenegro (1.0 kg)
- Slovenia (1.0 kg)
- Slovakia (1.0 kg)
- Bosnia and Herzegovina (1.0 kg)
- Spain (1.0 kg)
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