Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia - 2022

Contents:

1. Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia (CIF) - 2022
2. Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia (FOB) - 2022
3. Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia
4. Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia

Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia (CIF) - 2022

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $51,147 per ton in 2022, increasing by 14% against the previous year. Overall, the import price showed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 70% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($1,052,308 per ton), while the price for Peru ($8,367 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+141.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $199,241 per ton, reducing by -40.5% against the previous year. Over the period under review, the export price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2020 an increase of 140% against the previous year. The export price peaked at $334,985 per ton in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($396,000 per ton), while the average price for exports to the Dominican Republic ($171,517 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia

Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Colombia was estimated at 15 tons in 2022, remaining stable against the previous year's figure. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 119%.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves rose markedly to $770K in 2022. In general, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 222% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Colombia in 2022:

1. China (9.1 tons)
2. Peru (2.4 tons)
3. Brazil (1.3 tons)
4. United States (1.0 tons)
5. Thailand (0.7 tons)
6. Ireland (0.2 tons)
7. India (0.1 tons)

Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Colombia

In 2022, overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -20.6% to 54 kg, falling for the second year in a row after two years of growth. In general, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 161% against the previous year. As a result, the exports attained the peak of 115 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves contracted significantly to $11K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 528% against the previous year. As a result, the exports reached the peak of $29K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Colombia in 2022:

1. Dominican Republic (29.0 kg)
2. Panama (19.0 kg)
3. Chile (5.0 kg)
4. Romania (1.0 kg)

Source: IndexBox Market Intelligence Platform