Are pearl prices on the rise?

[heartofawareness]

I was speaking with a vendor looking to buy some South Sea Pearls and she told me that

"pearl prices have risen by about 50% or more recently due to the drop in cultivation. As of 2023, high-quality pearls are predicted to rise in price and will continue in the near future"

Is this true?

Thank you!

Monica

 

[Pearl Dreams]

Certainly akoya prices are on the rise. I imagine SSP also if the cultivation is decreased.

There is another discussion about this, with link to an article you may like to read:

In the News: Japanese Akoya Pearl Prices Have Skyrocketed 80% (2023)

Jennifer Heebner of the CPAA and AGTA wrote this very interesting article about the HIGH DEMAND for Akoya Pearls, leading to an 60-80% PRICE HIKE! I personally met with Joshua & x Nick Israeliff during the Tucson Gem Show and they explained that the high demand from China has helped increase...

www.pearl-guide.com

 

[heartofawareness]

Certainly akoya prices are on the rise. I imagine SSP also if the cultivation is decreased.

There is another discussion about this, with link to an article you may like to read:

In the News: Japanese Akoya Pearl Prices Have Skyrocketed 80% (2023)

Jennifer Heebner of the CPAA and AGTA wrote this very interesting article about the HIGH DEMAND for Akoya Pearls, leading to an 60-80% PRICE HIKE! I personally met with Joshua & x Nick Israeliff during the Tucson Gem Show and they explained that the high demand from China has helped increase...

www.pearl-guide.com

Thank you @Pearl Dreams. Wow..shocking! I better get my orders in. I'm glad I found this forum.

Monica