Because of this, the number of South Sea pearl farms is limited. However, South Sea pearl farms can be costly to maintain, especially since the pearls take a long time to form – each oyster takes up to five years to produce one such pearl. Their naturally rich golden hue makes them one of the most beautiful gems that will appeal to pearl collectors and lovers all over the world. While home to many gemstones, the Philippines has been a major player in the pearl farming industry, especially South Sea pearls. Globally, the pearl jewelry market is expected to grow by more than 13% from 2019 to 2025, according to a report by Arizton Advisory and Intelligence.¹ In the Philippines alone, exports of pearls, alongside precious stones, metal and coins, reached US$1.14 billion in 2021, statistics by Trading Economics revealed².
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