What is the advantage of using a PreparedStatement?

For SQL statements that are executed repeatedly, using a PreparedStatement object would almost always be faster than using a Statement object. This is because creating a PreparedStatement object by explicitly giving the SQL statement causes the statement to be precompiled within the database immediately. Thus, when the PreparedStatement is later executed, the DBMS does not have to recompile the SQL statement and prepared an execution plan - it simply runs the statement.

Typically, PreparedStatement objects are used for SQL statements that take parameters. However, they can also be used with repeatedly executed SQL statements that do not accept parameters.