The Development and Current Situation of Pearl Jewelry Market in China
06,25,2014 / Author : CharleneChina is the world’s largest producer of the jades and jadeites and it is worth noting that pearls are over 95% of the world’s pearl production, which also keeps a steady growth in the international market. Since the beginning of time, pearls have been revered as one of the world’s most beautiful and magical gems. Now, the pearl jewelry has earned so many popularities among all the fashion lovers.
The development of the pearl jewelry market
Pearl culture has registered fast and comprehensive growth in both the seawater and the freshwater variety, establishing a requisite scale and producing high grade, high technology products. China’s production of freshwater pearl of over 800 tons accounts for around 95% of the global total. Seawater (Akoya) pearl production at 18 tons also places China at the forefront of the world producers. YES, China is abundant in natural pearls. The seawater pearl industry, second only to Japan, with an annual production volume of about 20 tons, is composed of three main culture bases located in the south, namely, Liusha in Guangdong province, Hainan province and Beihai in Guangxi autonomous region. 90% of the production is exported abroad. Production volume is a mere one ton or so in Hainan, but the pearls are quite expensive due to their large size and better quality.
Rich and adaptable, a lustrous star in the world of fine jewelry, a simple cultured pearl jewelry can take a woman through every moment in her life, every outfit in her wardrobe. The possibilities are endless. Pearl jewelry therefore can win so many favors in the jewelry market.
Current situation of China pearl jewelry
With the global economic revival in the new century, the pearl demand is increasingly growing back. Excitingly, Chinese freshwater pearls are still considered as the best in their category. The Chinese freshwater pearl jewelry craft and design have also reached a world class level. Now the freshwater pearls are so much better in shape and size and have so much more color variety.
The Chinese freshwater pearl jewelry craft and design have also reached a world class level. Besides, Chinese pearl jewelry producers already recognized quality as the priority. Especially for pearls which are a kind of jewelry that always relates to beauty, dignity and elegance. When facing so much international competition, they also realize the quality is not the only essential thing, but design is the factor that always gives the "first impression", which decides if the jewelry will attract consumers. Some creative designers even combine jade, a kind of Chinese traditional gemstone, with pearls, to reflect an old saying "pearl and jade---a perfect pair".
Therefore, the Chinese pearl jewelry industry is facing a bright future. Chinese pearl quality is improving dramatically, and the price is relatively low due to the cheap labor. Globalization provides a good chance for China to enter the international market. In this market, China can use all kinds of methods to promote their products, such as advertising and attending to world's exhibitions. Even the low pricing is also one of their main methods---charging a low price to attract more customers. Now more and more people get to know and accept Chinese pearl products.
Do not hesitate any more
At present, China produces about 800-1000 tons of freshwater pearl, accounting for about 95% of the world total. While China’s production volume is high in both marine and freshwater pearls, it has a relatively low share (10-20%) of the global trade as China’s pearl processing abilities are low. Trade is transacted in kilograms like grain and agricultural produce. Most of the sold products could only serve as handicrafts item and not really as jewelry products. Thus the value of the product is low. With various high quality pearl jewelry remain popular in the market along with the low price, it is also time for you to begin your purchases now!
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