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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $20,000 per ton in 2022, with a decrease of -97.6% against the previous year. In general, the import price faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 223%. As a result, import price attained the peak level of $1,806 per kg. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -6.2% per year.

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

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $25,893 per ton, rising by 4.2% against the previous year. Over the period under review, the export price posted a significant increase. The growth pace was the most rapid in 2015 when the average export price increased by 79%. Over the period under review, the average export prices hit record highs at $26,025 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for China amounted to +20.7% per year.

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

In 2022, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Myanmar was estimated at 1 kg, approximately equating the previous year. Over the period under review, imports recorded a precipitous slump. The smallest decline of -85.5% was in 2020.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves contracted markedly to $20 in 2022. Overall, imports faced a dramatic setback. The smallest decline of -53.1% was in 2020.

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

1. China (1.0 kg)

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

In 2022, overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were finally on the rise to reach 434 tons after two years of decline. Over the period under review, exports, however, saw a dramatic setback.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $11M in 2022. In general, exports, however, recorded a sharp decline.

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

1. China (434.5 tons)

Source: IndexBox Market Intelligence Platform