Continuing from her last article on this very same subject, Jennifer Heebner of CPAA & AGTA presents her latest pearl article about the price increase of cultured pearls driven by continued Chinese pearl demand.
This is a very short part of the article for you to catch a glimpse and hopefully lead you to read the rest:
American Pearl dealers are having a lot of difficult conversations with clients this year. Since the beginning of 2023, Akoya shortages, price hikes, and Chinese demand...
This has been one of my very favorite Facette issues. It has quite a bit of PEARL INFORMATION that I will sum up for you all:
1. UNEARTHING THE PAST: HARNESSING HISTORY IN THE STUDY OF GEMMOLOGY.
This article by my friend Dr Laurent Cartier is a very nice and comprehensive review of the history of gemstones throughout the ages, and of course: PEARLS are very important in this story!
2. THE VALUE OF CULTURED PEARLS: EVOLUTION AND CURRENT TRENDS
We have been seeing changes in the world pearl...
Located 30 miles north of Dubai, the settlement dates to the sixth century C.E.
An excerpt here:
archaeologists have discovered the Persian Gulf’s first known year-round pearling settlement in the Umm Al Quwain emirate, around 30 miles northeast of Dubai. Villages like this one were mentioned in ancient literature, but their existence had never been confirmed by archaeological evidence.
Pakistan is not usually known for pearls, even when this country is found between two very rich and well-known salt-water pearl pearl producing areas: the Persian Gulf and the Gulf of Manaar (India) and also with their freshwater resources.
(Pakistan in Orange)
But since before the COVID-19 pandemic they had started thinking about starting a pilot research program, but then the pandemic happened...things got halted. Seems some entrepreneurs are starting to move forward:
Very interesting article on how pearl farmers are coping in a world where the demand for luxury goods is lessening.
Click here to READ IT.
One of the points that are considered in this article is:
Programs, such as the oyster and pearl farming project, were impacted because of declining sales of products. "Round pearls are luxury items and people are not in the mood to be thinking about luxury during COVID and sales really plummeted”.