Japan dominates the global export market for articles of natural or cultured pearls, accounting for a significant portion of the volume in 2023. Despite Japan’s large share, it faced a decline of 17.83% YoY in 2023. China, the second-largest exporter, also experienced a decrease of 8.9%. Conversely, the United Kingdom and Slovenia showed positive growth, with 5.44% and 214.36% increases, respectively. While Slovenia experienced a striking year-over-year increase, other major exporting countries like the UAE and Germany recorded declines.
Future trends to watch include potential market shifts as nations like Slovenia and Senegal continue to expand rapidly. Additionally, changes in consumer preferences towards sustainable and vintage jewelry might affect demand dynamics, possibly altering the contributions of various exporters in the coming years.
Top countries in Export of Articles of Natural or Cultured Pearls by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 525,510 | 2023 | +2.78% | -17.83% | View data |
| 2 | 2 China | 235,100 | 2023 | -9.41% | -8.9% | View data |
| 3 | 3 United Kingdom | 40,280 | 2023 | +4.19% | +5.44% | View data |
| 4 | 4 United Arab Emirates | 8,050 | 2023 | -48.17% | -33.95% | View data |
| 5 | 5 Germany | 4,470 | 2023 | +3.01% | -1.47% | View data |
| 6 | 6 Luxembourg | 1,420 | 2023 | -3.64% | -6.31% | View data |
| 7 | 7 Belgium | 1,290 | 2023 | +5.95% | +6.4% | View data |
| 8 | 8 Slovenia | 1,230 | 2023 | +4.41% | +214.36% | View data |
| 9 | 9 South Africa | 1,050 | 2023 | +1.18% | +0.52% | View data |
| 10 | 10 Italy | 925.02 | 2023 | -2.65% | +5.67% | View data |