Analysis of the global import of cultured, worked pearls reveals several trends for 2023. India, with a significant 42.87% increase, dominates the market, followed by notable growth in the UAE at 31.23%. Emerging markets like Indonesia saw an impressive 83.06% boost. Conversely, traditional markets such as the US and Japan experienced declines of 13.54% and 0.76% respectively. Europe's major importers, such as France and Germany, also registered substantial decreases of 18.97% and 46.9%.
Looking forward, key trends include:
- Emerging markets continue outpacing traditional ones, particularly in Asia.
- Fluctuations in economic conditions or consumer preferences may shape future import dynamics.
- Technological advancements in pearl cultivation could influence import demands and regional growth trends.
Top countries in Import of Pearls Cultured Worked, Not Mounted or Set by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 1,219,300,000 | 2023 | +3.36% | +42.87% | View data |
| 2 | 2 United Arab Emirates | 164,680,000 | 2023 | +4.84% | +31.23% | View data |
| 3 | 3 Japan | 68,698,000 | 2023 | +1.1% | -0.76% | View data |
| 4 | 4 China | 45,428,000 | 2023 | +1.6% | +5.9% | View data |
| 5 | 5 United States | 37,143,000 | 2023 | -17.61% | -13.54% | View data |
| 6 | 6 Thailand | 24,232,000 | 2023 | +2.09% | +9.26% | View data |
| 7 | 7 Australia | 19,911,000 | 2023 | -17.13% | -10.54% | View data |
| 8 | 8 Italy | 12,520,000 | 2023 | -9.17% | -8.41% | View data |
| 9 | 9 Canada | 2,744,300 | 2023 | -3.44% | -2.67% | View data |
| 10 | 10 France | 1,673,400 | 2023 | -25.26% | -18.97% | View data |