Report Update Nov 1, 2024

Algeria - Cultured Pearls, Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Market for Cultured Pearls, Precious Or Semi-Precious Stones 2024

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

In 2022, the Algerian precious stone and pearl market decreased by -92.4% to $X, falling for the second year in a row after three years of growth. Overall, consumption recorded a significant contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Cultured Pearls, Precious Or Semi-Precious Stones in Algeria

In value terms, precious stone and pearl production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp slump. The growth pace was the most rapid in 2020 when the production volume increased by 17% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Cultured Pearls, Precious Or Semi-Precious Stones

Exports from Algeria

After two years of decline, shipments abroad of cultured pearls, precious or semi-precious stones decreased by -47.8% to X kg in 2022. Over the period under review, exports, however, posted a noticeable increase. The smallest decline of -10% was in 2017. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, precious stone and pearl exports dropped rapidly to $X in 2022. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 34% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X kg) was the main destination for precious stone and pearl exports from Algeria, accounting for a 41% share of total exports. Moreover, precious stone and pearl exports to Spain exceeded the volume sent to the second major destination, the Czech Republic (X kg), fivefold.

From 2013 to 2019, the average annual rate of growth in terms of volume to Spain amounted to -84.4%.

From 2013 to 2019, the average annual growth rate of value to the Czech Republic totaled -18.0%.

Export Prices by Country

In 2019, the average precious stone and pearl export price amounted to $X per kg, leveling off at the previous year. In general, the export price saw a dramatic curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 49%. The export price peaked at $X per kg in 2013; however, from 2014 to 2019, the 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 the Czech Republic ($X per kg), while the average price for exports to Spain amounted to $X per kg.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+150.7%).

Imports of Cultured Pearls, Precious Or Semi-Precious Stones

Imports into Algeria

In 2022, purchases abroad of cultured pearls, precious or semi-precious stones decreased by -92.8% to X kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a significant decrease. The most prominent rate of growth was recorded in 2015 with an increase of 476% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, precious stone and pearl imports surged to $X in 2022. In general, imports faced a significant curtailment. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

France (X kg), Switzerland (X kg) and China (X kg) were the main suppliers of precious stone and pearl imports to Algeria, together comprising 99% of total imports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +57.5%), while purchases for the other leaders experienced a decline.

In value terms, Switzerland ($X) constituted the largest supplier of cultured pearls, precious or semi-precious stones to Algeria, comprising 39% of total imports. The second position in the ranking was held by France ($X), with a 14% share of total imports. It was followed by China, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.3% per year) and China (-29.5% per year).

Import Prices by Country

The average precious stone and pearl import price stood at $X per ton in 2022, picking up by 1,791% against the previous year. Over the period under review, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+40.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest producers of cultured pearls, precious or semi-precious stones in the world?

The country with the largest volume of precious stone and pearl production was Vietnam, comprising approx. 99% of total volume.

What are the leading suppliers of cultured pearls, precious or semi-precious stones to Algeria?

In value terms, France constituted the largest supplier of precious stone and pearl to Algeria.

What is the average export price for cultured pearls, precious or semi-precious stones in Algeria?

In 2019, the average precious stone and pearl export price amounted to $3,746 per kg, remaining stable against the previous year.

What is the average import price for cultured pearls, precious or semi-precious stones in Algeria?

The average precious stone and pearl import price stood at $11,085 per ton in 2020, growing by 21% against the previous year.

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

Algeria

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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