In 2023, India led global pearl imports with a substantial increase of 41.14% from the previous year, reflecting strong demand. Japan followed, despite a slight decrease of 0.86%. The United Arab Emirates experienced a notable rise of 27.78%. The United States saw a decline of 9.76%, while China's imports slightly increased by 5.73%. European countries such as Italy, France, and Switzerland experienced declines, indicating varied trends across the different regions globally.
Future trends to monitor include potential increased demand in emerging markets like Qatar and a stabilization or possible revival within European markets. Additionally, fluctuations in the US dollar and changing consumer preferences could impact global pearl import patterns.
Top countries in Import of Pearls by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 1,222,600,000 | 2023 | +2.91% | +41.14% | View data |
| 2 | 2 Japan | 354,830,000 | 2023 | +0.096% | -0.86% | View data |
| 3 | 3 United Arab Emirates | 146,560,000 | 2023 | +2.24% | +27.78% | View data |
| 4 | 4 United States | 64,824,000 | 2023 | -12.65% | -9.76% | View data |
| 5 | 5 China | 45,081,000 | 2023 | +1.45% | +5.73% | View data |
| 6 | 6 Australia | 37,040,000 | 2023 | -10.61% | -6.38% | View data |
| 7 | 7 Thailand | 34,200,000 | 2023 | +2.1% | +6.64% | View data |
| 8 | 8 Italy | 13,071,000 | 2023 | -9.48% | -8.51% | View data |
| 9 | 9 France | 5,251,100 | 2023 | -12.97% | -12.53% | View data |
| 10 | 10 Bahrain | 4,485,000 | 2023 | +4.47% | +30% | View data |
