China - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Cultured Pearls, Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights

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Precious Stone And Pearl Prices in China

China Precious Stone And Pearl Import Price in September 2022

In September 2022, the precious stone and pearl price amounted to $235K per kg (CIF, China), picking up by 94% against the previous month. In general, the import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in February 2022 an increase of 377% month-to-month. As a result, import price reached the peak level of $406K per kg. From March 2022 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Myanmar ($2,509K per kg), while the price for Vietnam ($587 per kg) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+55.9%), while the prices for the other major suppliers experienced more modest paces of growth.

China Precious Stone And Pearl Import Prices by Type

As there is only one major imported type of precious stone and pearl, the average price level is determined by prices for pearls; cultured, worked, whether or not graded (but not strung, mounted or set), ungraded and temporarily strung for convenience of transport.

From January 2022 to September 2022, the rate of growth in terms of prices for pearls; cultured, worked, whether or not graded (but not strung, mounted or set), ungraded and temporarily strung for convenience of transport amounted to +2.7% per month.

China Precious Stone And Pearl Imports

In September 2022, approximately 5.7 tons of cultured pearls, precious or semi-precious stones were imported into China; declining by -23.7% compared with the previous month's figure. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 with an increase of 188% month-to-month. Over the period under review, imports attained the peak figure at 7.5 tons in August 2022, and then fell notably in the following month.

In value terms, precious stone and pearl imports skyrocketed to $1.3B (IndexBox estimates) in September 2022. In general, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in June 2022 when imports increased by 107% month-to-month. As a result, imports attained the peak of $1.5B. From July 2022 to September 2022, the growth of imports failed to regain momentum.

China Precious Stone And Pearl Imports by Type

In September 2022, pearls; cultured, worked, whether or not graded (but not strung, mounted or set), ungraded and temporarily strung for convenience of transport (5.7 tons) was the main type of precious stone and pearl supplied to China, accounting for a approximately 100% share of total imports.

From January 2022 to September 2022, the average monthly growth rate of the volume of import of pearls; cultured, worked, whether or not graded (but not strung, mounted or set), ungraded and temporarily strung for convenience of transport was relatively modest.

In value terms, diamonds; non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set ($815M), stones; precious (other than diamonds) and semi-precious stones, (other than rubies, sapphires and emeralds), worked other than simply sawn or roughly shaped, not strung, mounted or set ($517M) and stones; rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set ($11M) were the most imported types of cultured pearls, precious or semi-precious stones in China, with a combined 100% share of total imports.

China Precious Stone And Pearl Imports by Country

France (988 kg), Japan (508 kg) and Indonesia (401 kg) were the main suppliers of precious stone and pearl imports to China, together accounting for 33% of total imports. These countries were followed by Vietnam, Myanmar, Thailand, French Polynesia and Australia, which together accounted for a further 12%.

From January 2022 to September 2022, the biggest increases were in Vietnam (with a CAGR of +52.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Myanmar ($507M) constituted the largest supplier of precious stone and pearl to China, comprising 38% of total imports. The second position in the ranking was held by Thailand ($13M), with a 1% share of total imports. It was followed by France, with a 0.1% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from Myanmar amounted to +45.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (+8.4% per month) and France (+3.4% per month).

Source: IndexBox Market Intelligence Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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