Price for Stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles of in Azerbaijan - 2023
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Azerbaijan (CIF) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Azerbaijan
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Azerbaijan (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $230,672 per ton in 2022, with a decrease of -50.1% against the previous year. Overall, the import price, however, saw a moderate expansion. The growth pace was the most rapid in 2013 an increase of 95% against the previous year. Over the period under review, average import prices hit record highs at $462,123 per ton in 2021, and then reduced notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,527,000 per ton), while the price for Turkey ($70,339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Azerbaijan
In 2022, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Azerbaijan skyrocketed to 1.3 tons, surging by 88% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 171% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined to $306K in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 262%. As a result, imports attained the peak of $326K, and then shrank in the following year.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | 26.2 | 209 | 132 | 124.5% |
| China | 52.5 | 36.6 | 50.8 | 82.7 | 16.4% |
| Russia | N/A | N/A | 1.0 | 35.8 | 3480.0% |
| Vietnam | 4.7 | 6.6 | 45.0 | 30.4 | 86.3% |
| Italy | 2.9 | 20.2 | 10.7 | 16.9 | 80.0% |
| Turkey | 6.6 | 0.1 | 0.4 | 4.2 | -14.0% |
| Others | 0.2 | 0.2 | 9.4 | 3.9 | 169.2% |
| Total | 66.8 | 90.0 | 326 | 306 | 66.1% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Azerbaijan in 2022:
- China (528.0 kg)
- Russia (508.0 kg)
- Thailand (172.0 kg)
- Turkey (59.0 kg)
- Italy (26.0 kg)
- Vietnam (26.0 kg)
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