| Product Code: ETC096587 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In the Indonesia natural pearl market, the import trend experienced a significant decline from 2023 to 2024, with a growth rate of -50.0%. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at -29.29%. This decline could be attributed to shifting consumer preferences, changes in trade policies, or market saturation affecting demand dynamics.
Indonesia is one of the leading producers of natural pearls in the world. The country has a long history of pearl harvesting, with local fishermen having been collecting them from Indonesia territorial waters for centuries. Indonesia pearls are well-known for their high quality and beauty and have become increasingly popular amongst consumers around the world. They are sought after not only as jewelry but also used to make other decorative items such as necklaces, earrings and bracelets.
The demand for Indonesia natural pearls has been steadily increasing over the years due to their excellent quality and affordability. Consumers around the world have grown more conscious about where they buy their products from, so natural pearl buyers now often prefer to purchase from sustainable sources like Indonesia due to its commitment towards environmental sustainability. As a result, there has been an increased interest in artisanal pearl fisheries, providing livelihood opportunities to many small-scale fishers across Indonesia vast archipelago region. Furthermore, ethically sourced Indonesia natural pearls tend to be less expensive than those originating elsewhere in Southeast Asia or Japan, making them attractive options for cost-conscious customers looking for high-end jewelry pieces at affordable prices.
One of the major drivers behind growing demand for Indonesia natural pearls is that they tend to offer better value than those found elsewhere due to lower production costs associated with fishing operations within Indonesia territorial waters compared with other countries in Southeast Asia or Japan where prices can be much higher due to higher labor costs involved in obtaining these gems from far away locations.. Additionally, there is strong consumer trend towards sustainability when it comes jewelry buying today which means that shoppers are more likely opt for organic materials produced by responsible suppliers who take steps ensure ethical sourcing practices throughout all stages of production such as ensuring decent working conditions within artisanal fishing communities while maintaining environmentally friendly methods during extraction processes such as handpicking instead of using dynamite or cyanide chemicals which can cause harm both people and marine life alike.
The impact of the COVID-19 pandemic has been particularly harsh on the natural pearl market in Indonesia. The virus? outbreak had a devastating effect on consumer spending, as many Indonesias lost their jobs and faced financial difficulties due to the economic downturn. This has resulted in decreased demand for luxury items such as pearls, which have seen their prices drop significantly since early 2025.
The closure of farms and lack of labor caused by movement restrictions imposed during lockdowns have disrupted supply chains across industries, including the natural pearl market in Indonesia. Many suppliers are struggling to keep up with orders as they cannot access raw materials or find workers to help them process them into products quickly enough. With fewer buyers available in the wake of COVID-19, competition for sales has increased among producers resulting in price wars that are hurting profits for many companies operating within this sector. As more competitors enter the fray, it is becoming increasingly difficult to remain competitive without sacrificing quality or margins further down the line. Consumers are becoming increasingly risk averse when it comes to buying nonessential items such as jewelry made from natural pearls due to uncertainty about job security and future incomes exacerbated by the pandemic related recessionary environment that we currently live in.
PT Permata Biru Mina Jaya, Gita Agung, KJL Indonesia Pearls.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Natural Pearl Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Natural Pearl Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Natural Pearl Market - Industry Life Cycle |
3.4 Indonesia Natural Pearl Market - Porter's Five Forces |
3.5 Indonesia Natural Pearl Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Indonesia Natural Pearl Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Natural Pearl Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and ethically sourced luxury products |
4.2.2 Growing popularity of natural pearls in the jewelry industry |
4.2.3 Rising disposable income and changing consumer preferences towards unique and exotic jewelry |
4.3 Market Restraints |
4.3.1 Limited supply of high-quality natural pearls |
4.3.2 Competition from synthetic pearls and other imitation products |
4.3.3 Fluctuations in global pearl prices and market trends |
5 Indonesia Natural Pearl Market Trends |
6 Indonesia Natural Pearl Market, By Types |
6.1 Indonesia Natural Pearl Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Natural Pearl Market Revenues & Volume, By Product type, 2021-2031F |
6.1.3 Indonesia Natural Pearl Market Revenues & Volume, By Akoya Pearls, 2021-2031F |
6.1.4 Indonesia Natural Pearl Market Revenues & Volume, By Fresh Water Pearls, 2021-2031F |
6.2 Indonesia Natural Pearl Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Natural Pearl Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.3 Indonesia Natural Pearl Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.4 Indonesia Natural Pearl Market Revenues & Volume, By Jewelry, 2021-2031F |
6.2.5 Indonesia Natural Pearl Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Natural Pearl Market Import-Export Trade Statistics |
7.1 Indonesia Natural Pearl Market Export to Major Countries |
7.2 Indonesia Natural Pearl Market Imports from Major Countries |
8 Indonesia Natural Pearl Market Key Performance Indicators |
8.1 Number of new entrants in the natural pearl market |
8.2 Percentage increase in investment in sustainable pearl farming practices |
8.3 Growth in the number of collaborations between jewelry designers and natural pearl suppliers |
9 Indonesia Natural Pearl Market - Opportunity Assessment |
9.1 Indonesia Natural Pearl Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Indonesia Natural Pearl Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Natural Pearl Market - Competitive Landscape |
10.1 Indonesia Natural Pearl Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Natural Pearl Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |