In 2023, Japan dominated the global import of cultured unworked pearls, commanding 99.61% of the share, although experiencing a downturn of 19.41% compared to previous years. India showed a modest increase of 4.86%, while other European countries like the UK, Spain, and the Czech Republic saw declines of around 3.3% to 10%. Notably, Slovenia and the Philippines experienced significant growths of 106.41% and 32.14% respectively, suggesting emerging trends. Countries like Poland (46.67%) and the UAE (38.9%) also saw substantial increases in their import shares.
Looking ahead, future trends to monitor include potential shifts in the balance of power from market giants like Japan to emerging players. The significant growth rates in countries such as Slovenia, Poland, and the Philippines hint at increasing diversification in the global import landscape. Sustainability and ethical sourcing may become more significant factors shaping demand and supply dynamics in the cultured pearls market.
Top countries in Import of Pearls Cultured Unworked Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 99.61 | 2023 | +3.59% | -19.41% | View data |
| 2 | 2 India | 0.65 | 2023 | +2.69% | +4.86% | View data |
| 3 | 3 United Kingdom | 0.013 | 2023 | +2.26% | -3.3% | View data |
| 4 | 4 Spain | 0.013 | 2023 | +3.89% | -1.74% | View data |
| 5 | 5 Czech Republic | 0.013 | 2023 | +5.17% | -10% | View data |
| 6 | 6 Peru | 0.009 | 2023 | +5.49% | -0.06% | View data |
| 7 | 7 Slovenia | 0.007 | 2023 | +4.55% | +106.41% | View data |
| 8 | 8 Poland | 0.003 | 2023 | -7.14% | +46.67% | View data |
| 9 | 9 Estonia | 0.002 | 2023 | +6.64% | +0.75% | View data |
| 10 | 10 Switzerland | 0.002 | 2023 | -2.56% | +2.86% | View data |
