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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $97,344 per ton in 2022, reducing by -11.8% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 217% against the previous year. The import price peaked at $237,897 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($593,223 per ton), while the price for China ($17,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $717,536 per ton, picking up by 43% against the previous year. In general, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2013 an increase of 192% against the previous year. As a result, the export price reached the peak level of $811,694 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,157,257 per ton), while the average price for exports to the Netherlands ($38,000 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 Poland (+437.5%), 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 Lithuania

In 2022, approx. 8.1 tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into Lithuania; rising by 75% against the year before. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $792K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3913493033910.0%
UkraineN/AN/AN/A1150%
China33.244.346.388.638.7%
Spain9.35.930.182.9107.3%
Denmark32.130.139.133.61.5%
Poland11.38.247.532.041.5%
IndiaN/A0.4N/A5.9284.1%
Others15085.747.642.6-34.3%
Total6275245137928.1%

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

  1. China (5.0 tons)
  2. Spain (0.9 tons)
  3. Germany (0.7 tons)
  4. Ukraine (0.5 tons)
  5. Poland (0.4 tons)
  6. Denmark (0.3 tons)
  7. India (0.2 tons)

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

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves exported from Lithuania declined significantly to 140 kg, with a decrease of -25.9% on the year before. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 78%.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves expanded sharply to $100K in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 145%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.514.037.675.5432.5%
Latvia16.410.19.36.8-25.4%
Estonia2.13.48.95.739.5%
PolandN/AN/AN/A5.20%
Czech RepublicN/A1.35.24.279.7%
Finland0.60.71.71.638.7%
United KingdomN/AN/A2.91.3-55.2%
Netherlands1.5N/AN/AN/A0%
CanadaN/A3.910.6N/A171.8%
Turkey10.4N/AN/AN/A0%
Others0.65.118.50.1-45.0%
Total32.238.694.610045.9%

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

  1. Russia (35.0 kg)
  2. Latvia (32.0 kg)
  3. Poland (30.0 kg)
  4. Estonia (26.0 kg)
  5. Czech Republic (5.0 kg)
  6. Finland (5.0 kg)
  7. United Kingdom (5.0 kg)
  8. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles of - Lithuania