The Philippines, renowned for its rich gemstone resources, has shown significant dynamics in its pearl trade in recent years. In 2024, the country marked a notable increase in pearl exports, with a recorded trade volume of 76. 9 kg valued at approximately $2. 75 million. This contrasts sharply with the previous years where export volumes were negligible, indicating a revitalization in the sector. On the import side, the Philippines brought in 67. 06 kg of pearl articles in 2024, valued at $479,214. This represents a substantial increase compared to the nearly non-existent import activities from 2020 to 2023, where the value remained below $10,000 annually.

Such trends suggest an increasing domestic demand for pearls, possibly driven by the local jewelry market"s expansion and a growing appreciation for natural and cultured pearls. Price-wise, the export value per kilogram in 2024 hovered around $35,730, reflecting the high quality and demand for Philippine pearls internationally. Meanwhile, imports were valued at approximately $7,145 per kilogram, highlighting the premium nature of domestically available pearls compared to those imported. These trends underscore the Philippines" evolving role in the global pearl market, from being a minor participant to an emerging supplier and consumer. As businesses seek to capitalize on these opportunities, Aritral offers invaluable tools for international trade. Through its AI-powered platform, companies can access product listings, engage directly with suppliers, and leverage global sales assistance, ensuring a seamless entry into the lucrative pearl market.