China leads global exports of pearls, despite a 4.57% decline from 2023. Japan follows with a 4.78% decrease. Switzerland and the Philippines show substantial growth, with rises of 7.99% and 7.18% respectively. The US, Germany, and Singapore experienced significant reductions. Notably, Indonesia saw an impressive 18.17% increase, while Slovakia’s growth soared by 88.63%. Greece also recorded a notable surge at 35.41%.
Future trends to watch include potential shifts from traditional markets, like China and Japan, to emerging countries with accelerated growth. Economic fluctuations and consumer demand could drive changes in the pearl export landscape. Sustainability practices may also impact market dynamics.
Top countries in Export of Articles of Natural or Cultured Pearls by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 20,178,000 | 2023 | -9.05% | -4.57% | View data |
| 2 | 2 Japan | 17,303,000 | 2023 | -3.36% | -4.78% | View data |
| 3 | 3 Switzerland | 12,838,000 | 2023 | -1.9% | +7.99% | View data |
| 4 | 4 Philippines | 8,247,600 | 2023 | +5.71% | +7.18% | View data |
| 5 | 5 United States | 7,687,800 | 2023 | -9.57% | -10.54% | View data |
| 6 | 6 France | 3,742,800 | 2023 | +2.64% | +5.56% | View data |
| 7 | 7 Australia | 2,867,500 | 2023 | -8.19% | +1.58% | View data |
| 8 | 8 United Kingdom | 2,626,800 | 2023 | -2.11% | -2.78% | View data |
| 9 | 9 Indonesia | 2,342,700 | 2023 | +4.48% | +18.17% | View data |
| 10 | 10 Italy | 2,293,500 | 2023 | +1.91% | +5.39% | View data |