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

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

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Price for Precious Stone and Pearl in Portugal - 2023

Contents:

  1. Price for Precious Stone and Pearl in Portugal (CIF) - 2022
  2. Price for Precious Stone and Pearl in Portugal (FOB) - 2022
  3. Imports of Precious Stone and Pearl in Portugal
  4. Exports of Precious Stone and Pearl in Portugal

Price for Precious Stone and Pearl in Portugal (CIF) - 2022

In 2022, the average precious stone and pearl import price amounted to $104 per ton, rising by 11% against the previous year. Overall, the import price, however, continues to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 247% against the previous year. As a result, import price reached the peak level of $2,361 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($2,982 per ton), while the price for Brazil ($26 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Precious Stone and Pearl in Portugal (FOB) - 2022

In 2022, the average precious stone and pearl export price amounted to $793 per ton, surging by 73% against the previous year. Over the period under review, the export price, however, recorded a slight decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 744%. As a result, the export price attained the peak level of $18,806 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,006 per ton), while the average price for exports to Finland ($140 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 Finland (+69.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Precious Stone and Pearl in Portugal

In 2022, the amount of cultured pearls, precious or semi-precious stones imported into Portugal stood at 20K tons, rising by 3% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 21K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, precious stone and pearl imports expanded rapidly to $2M in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Precious Stone and Pearl in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil52.6101247445103.8%
China18295.3127158-4.6%
Madagascar17.36.61.539.131.2%
MoroccoN/A2.1N/AN/A0%
Others1,7481,4431,4261,408-7.0%
Total2,0001,6471,8012,0500.8%

Top Suppliers of Precious Stone and Pearl to Portugal in 2022:

  1. Brazil (17.1K tons)
  2. Madagascar (1.2K tons)
  3. China (0.5K tons)

Exports of Precious Stone and Pearl in Portugal

In 2022, approx. 832 tons of cultured pearls, precious or semi-precious stones were exported from Portugal; increasing by 5.7% compared with the year before. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 399% against the previous year. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, precious stone and pearl exports skyrocketed to $660K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Precious Stone and Pearl in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France15817125833128.0%
United KingdomN/AN/A0.918920900.0%
United StatesN/AN/A81.090.712.0%
Hong Kong SARN/AN/A0.631.25100.0%
FinlandN/A0.60.212.1349.1%
Switzerland0.24.10.32.2122.4%
Others72.810.418.93.5-63.6%
Total23118636066041.9%

Top Export Markets for Precious Stone and Pearl from Portugal in 2022:

  1. France (469.7 tons)
  2. Hong Kong SAR (209.1 tons)
  3. Finland (86.6 tons)
  4. United States (45.2 tons)
  5. Switzerland (15.1 tons)
  6. United Kingdom (4.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Portugal

Data coverage:

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