United Kingdom - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Precious Stone and Pearl in the UK - 2023
Contents:
- Price for Precious Stone and Pearl in the UK (CIF) - 2022
- Price for Precious Stone and Pearl in the UK (FOB) - 2022
- Imports of Precious Stone and Pearl in the UK
- Exports of Precious Stone and Pearl in the UK
Price for Precious Stone and Pearl in the UK (CIF) - 2022
In 2022, the average precious stone and pearl import price amounted to $2,301 per ton, which is down by -2.6% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 170%. Over the period under review, average import prices attained the peak figure at $5,659 per ton in 2012; however, from 2013 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 the United States ($17,893 per ton), while the price for Poland ($8.8 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Precious Stone and Pearl in the UK (FOB) - 2022
In 2022, the average precious stone and pearl export price amounted to $104,748 per ton, rising by 39% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 88%. The export price peaked at $108,019 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($402,393 per ton), while the average price for exports to Bulgaria ($48 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 Slovakia (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Precious Stone and Pearl in the UK
Precious stone and pearl imports into the UK expanded rapidly to 793K tons in 2022, picking up by 5.4% against the previous year's figure. Overall, imports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 6.2% against the previous year.
In value terms, precious stone and pearl imports expanded modestly to $1.8B in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 187% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Precious Stone and Pearl in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 237 | 119 | 285 | 266 | 3.9% |
| Hong Kong SAR | 69.8 | 38.2 | 85.6 | 105 | 14.6% |
| Italy | 23.9 | 9.6 | 1.8 | 7.8 | -31.2% |
| China | 4.4 | 3.8 | 5.6 | 6.0 | 10.9% |
| Brazil | 1.9 | 1.7 | 5.4 | 5.8 | 45.1% |
| Madagascar | 0.3 | 0.2 | 0.2 | 2.6 | 105.4% |
| Poland | N/A | N/A | N/A | 0.6 | 0% |
| Mexico | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 1,449 | 447 | 1,394 | 1,431 | -0.4% |
| Total | 1,786 | 620 | 1,778 | 1,825 | 0.7% |
Top Suppliers of Precious Stone and Pearl to the UK in 2022:
- Madagascar (222.4K tons)
- China (192.8K tons)
- India (187.1K tons)
- Poland (67.6K tons)
- Hong Kong SAR (28.5K tons)
- Mexico (23.6K tons)
- Italy (12.2K tons)
- Brazil (10.9K tons)
Exports of Precious Stone and Pearl in the UK
In 2022, exports of cultured pearls, precious or semi-precious stones from the UK rose modestly to 12K tons, with an increase of 3.7% on 2021. Over the period under review, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, precious stone and pearl exports skyrocketed to $1.3B in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Precious Stone and Pearl in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 299 | 158 | 234 | 292 | -0.8% |
| Hong Kong SAR | 111 | 64.7 | 143 | 196 | 20.9% |
| France | 37.4 | 78.6 | 49.7 | 133 | 52.6% |
| Germany | 7.1 | 17.2 | 26.1 | 18.8 | 38.3% |
| Italy | 9.5 | 9.4 | 13.7 | 9.3 | -0.7% |
| Japan | 3.3 | 1.5 | 7.4 | 4.5 | 10.9% |
| Netherlands | N/A | 6.5 | 1.1 | 3.4 | -27.7% |
| Kenya | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Sweden | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Poland | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Slovakia | N/A | N/A | N/A | 0.1 | 0% |
| Spain | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Bulgaria | N/A | N/A | N/A | N/A | 0% |
| Others | 276 | 294 | 422 | 637 | 32.2% |
| Total | 743 | 630 | 898 | 1,295 | 20.3% |
Top Export Markets for Precious Stone and Pearl from the UK in 2022:
- Poland (1443.0 tons)
- France (1343.9 tons)
- Germany (1204.9 tons)
- Sweden (876.7 tons)
- Slovakia (857.5 tons)
- Spain (748.6 tons)
- United States (726.5 tons)
- Hong Kong SAR (684.8 tons)
- Kenya (648.7 tons)
- Bulgaria (456.0 tons)
- Italy (429.6 tons)
- Japan (396.1 tons)
- Netherlands (296.7 tons)
This report provides an in-depth analysis of the market for precious stone and pearl in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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