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Pearl Update: Prices Still Climbing in 2023

Amethyst Purple Edison pearl strand, 13 to 15 mm, round with pink-purple luster

Features Yen’s AGTA · July 2023

Amethyst Purple Edison pearl strand, 13 to 15 mm, round with pink-purple luster
Image: Yen’s Jewelry

AGTA’s 2023 pearl market update quotes Eric Yen on rare 13–16 mm Edison pearls in purple and metallic colors, and on Chinese demand keeping prices high.

AGTA’s mid-2023 pearl report found prices still rising, driven by Akoya shortages and strong demand from China. Eric Yen noted that top Edison freshwater pearls in intense natural colors are hard to find at 13–16 mm, and rarer still in purples and metallics.

He also described the sourcing squeeze: many fine freshwater pearls now stay in China, some farmers hold inventory rather than export, and more Chinese buyers are shopping U.S. shows such as JCK Las Vegas, some to resell in Asia.

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Summary by Yen’s Jewelry. The full article is published by AGTA.

Freshwater Pearls Akoya Pearls

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