Price for Stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles of in the United Arab Emirates - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $228,530 per ton, reducing by -56.8% against the previous year. In general, the import price saw a abrupt descent. The growth pace was the most rapid in 2018 an increase of 14% against the previous year. The import price peaked at $849,934 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the United States ($2,317,413 per ton), while the price for China ($70,575 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+134.7%), 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 the United Arab Emirates (FOB) - 2022
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $88,053 per ton in 2022, dropping by -80.9% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 105% against the previous year. The export price peaked at $852,191 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($647,750 per ton), while the average price for exports to Yemen ($1,269 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 France (+10.0%), 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 the United Arab Emirates
In 2022, approx. 87 tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into the United Arab Emirates; increasing by 403% compared with the previous year's figure. Overall, imports posted 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 $20M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached 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 the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.1 | 0.2 | 4.5 | 255.7% |
| Thailand | 0.9 | N/A | N/A | 3.5 | 57.3% |
| France | 0.4 | N/A | 1.0 | 3.1 | 97.9% |
| United States | 1.7 | 2.3 | 3.7 | 2.6 | 15.2% |
| Vietnam | N/A | N/A | N/A | 1.8 | 0% |
| Italy | 0.3 | 0.7 | 0.6 | 1.6 | 74.7% |
| India | 2.2 | 0.3 | 0.5 | 0.5 | -39.0% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 2.1 | 2.0 | 3.1 | 2.1 | 0.0% |
| Total | 7.7 | 5.5 | 9.2 | 19.9 | 37.2% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to the United Arab Emirates in 2022:
- China (64.4 tons)
- France (4.2 tons)
- Thailand (3.6 tons)
- Brazil (2.9 tons)
- Italy (2.7 tons)
- India (2.6 tons)
- Vietnam (2.6 tons)
- United States (1.1 tons)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, when their volume increased by 1,574% to 44 tons. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves surged to $3.9M in 2022. Over the period under review, exports, however, showed a sharp decline.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 46.0 | 5.6 | 110 | 2,116 | 258.3% |
| Qatar | N/A | N/A | N/A | 414 | 0% |
| Thailand | 1,100 | 1.4 | 0.1 | 218 | -41.7% |
| France | 0.1 | 20.4 | 45.7 | 192 | 1142.9% |
| Switzerland | 2,436 | 1,595 | 2.3 | 29.1 | -77.1% |
| Hong Kong SAR | 4,601 | 2,833 | 367 | 28.1 | -81.7% |
| Iraq | N/A | N/A | N/A | 15.0 | 0% |
| Yemen | N/A | N/A | N/A | 5.0 | 0% |
| South Sudan | N/A | N/A | N/A | 3.3 | 0% |
| Others | 381 | 841 | 688 | 865 | 31.4% |
| Total | 8,564 | 5,296 | 1,213 | 3,887 | -23.1% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from the United Arab Emirates in 2022:
- Qatar (18.2 tons)
- Saudi Arabia (6.1 tons)
- France (4.0 tons)
- Yemen (3.9 tons)
- Thailand (2.5 tons)
- Iraq (2.4 tons)
- South Sudan (2.2 tons)
- Hong Kong SAR (0.1 tons)
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