Pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport

In 2024, pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport trade exhibited significant decline, with global flows reaching $481,474,191 and a three-year compound annual growth rate of +26.3% (five-year: +11.9%). The all-time peak of $578,784,031 was recorded in 2023; the current level is 17% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+24.0% acceleration).

The World Trade Flows Characterization classifies pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.175). The three largest exporters — Indonesia ($135.8M), Japan ($91.7M), and Australia ($81.1M) — collectively dominate supply flows. The leading exporter has grown at +37.5% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.395). The three largest import markets are Japan ($276.8M), Hong Kong ($118.9M), and Australia ($19.2M). The largest importing market sources from 19 different supplying countries.

The dominant trade corridor is Indonesia → Japan at $109.7M, representing 39.6% of the importer's total demand.

The volatility score for pearls: cultured, unworked, whether or not graded (but not strung, mounted or set), temporarily strung for the convenience of transport is 26 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.