Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Japan - 2023

Contents:

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

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $202,702 per ton, growing by 17% against the previous year. Overall, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 an increase of 68% against the previous year. The import price peaked at $244,734 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($1,207,385 per ton), while the price for India ($114,699 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.9%), 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 Japan (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $1,774,344 per ton, falling by -41.5% against the previous year. Over the period under review, the export price saw a slight setback. The growth pace was the most rapid in 2017 an increase of 76%. The export price peaked at $3,030,954 per ton in 2021, and then dropped significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($12,940,425 per ton), while the average price for exports to Mexico ($116,539 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 Macao SAR (+24.7%), 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 Japan

In 2022, approx. 175 tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into Japan; flattening at 2021 figures. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, imports reached the peak of 177 tons, leveling off in the following year.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $36M in 2022. Over the period under review, imports showed a perceptible curtailment.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.310.214.515.8-1.0%
Thailand7.04.12.64.8-11.8%
Hong Kong SAR3.43.03.33.1-3.0%
Italy1.11.31.92.836.5%
South Korea0.60.91.02.151.8%
Vietnam0.90.90.61.415.9%
Taiwan (Chinese)2.61.71.01.1-24.9%
United States0.81.92.10.94.0%
India0.50.30.40.3-15.7%
Others4.92.43.13.3-12.3%
Total37.926.630.635.6-2.1%

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

  1. China (123.5 tons)
  2. South Korea (16.0 tons)
  3. Thailand (12.8 tons)
  4. Taiwan (Chinese) (3.8 tons)
  5. Italy (3.5 tons)
  6. Vietnam (3.1 tons)
  7. Hong Kong SAR (2.6 tons)
  8. India (2.4 tons)
  9. United States (0.8 tons)

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

In 2022, after three years of growth, there was decline in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, when their volume decreased by -2.9% to 6.5 tons. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports attained the peak of 6.7 tons, and then fell modestly in the following year.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined significantly to $12M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 145%. As a result, the exports reached the peak of $20M, and then shrank dramatically in the following year.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.63.04.43.70.9%
Hong Kong SAR3.00.810.02.9-1.1%
China0.60.50.51.535.7%
Macao SARN/AN/A0.40.9125.0%
Taiwan (Chinese)0.80.50.90.5-14.5%
VietnamN/AN/AN/A0.40%
South Korea0.10.20.20.344.2%
Singapore0.10.10.20.226.0%
Switzerland0.20.1N/A0.20.0%
Czech RepublicN/AN/AN/A0.10%
Mexico0.1N/AN/AN/A0%
Israel1.01.41.5N/A22.5%
Others2.01.72.31.0-20.6%
Total11.58.320.411.60.3%

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

  1. United States (2385.0 kg)
  2. China (1761.0 kg)
  3. South Korea (350.0 kg)
  4. Czech Republic (335.0 kg)
  5. Vietnam (268.0 kg)
  6. Taiwan (Chinese) (233.0 kg)
  7. Hong Kong SAR (226.0 kg)
  8. Mexico (191.0 kg)
  9. Macao SAR (162.0 kg)
  10. Singapore (158.0 kg)
  11. Switzerland (122.0 kg)
  12. Israel (8.0 kg)

Source: IndexBox Market Intelligence Platform

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