Japan dominates the global import market for cultured and unworked pearls, holding approximately 85.93% of the share in 2023. India and the United States follow, with shares of 5.4% and 5.11%, respectively. Notable growth in India's import share is observed with a 10.29% increase, whereas Japan and the United States show declines of 0.89% and 3.88%, respectively. Emerging markets like Morocco and Russia are experiencing growth, while the Netherlands saw the largest decline at 30.23%.
Future trends to watch include:
- The continued growth of India's market share as jewelry demand rises.
- Japan's consistent yet slightly declining dominance could face challenges from emerging regions.
- The impact of economic policies and consumer trends on the United States and European markets.
Top countries in Import of Pearls Cultured Unworked Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 85.93 | 2023 | -0.23% | -0.89% | View data |
| 2 | 2 India | 5.4 | 2023 | -9.41% | +10.29% | View data |
| 3 | 3 United States | 5.11 | 2023 | -4.37% | -3.88% | View data |
| 4 | 4 Thailand | 2.64 | 2023 | +2.32% | +1.7% | View data |
| 5 | 5 France | 0.29 | 2023 | -20.41% | -17.21% | View data |
| 6 | 6 Israel | 0.1 | 2023 | +3.79% | +4.76% | View data |
| 7 | 7 Philippines | 0.067 | 2023 | -2.14% | -6.48% | View data |
| 8 | 8 Austria | 0.049 | 2023 | -2.2% | -6.95% | View data |
| 9 | 9 Belgium | 0.045 | 2023 | -22.51% | -18.31% | View data |
| 10 | 10 Denmark | 0.041 | 2023 | -3.84% | -16.5% | View data |
