Price for Stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles of in the United States - 2023
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $76,106 per ton in 2022, with a decrease of -18% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 15%. As a result, import price attained the peak level of $118,340 per ton. From 2021 to 2022, the average 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 Thailand ($245,543 per ton), while the price for Madagascar ($21,144 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+33.7%), 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 the United States (FOB) - 2022
In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $9,781,930 per ton, picking up by 166% against the previous year. In general, the export price enjoyed significant growth. The growth pace was the most rapid in 2021 an increase of 1,956%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Mexico ($50,045,524 per ton), while the average price for exports to South Korea ($1,270,421 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+620.3%), 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 the United States
In 2022, approx. 11K tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into the United States; jumping by 30% on the previous year. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 83%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves expanded rapidly to $811M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.2% 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 +53.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 454 | 347 | 497 | 534 | 5.6% |
| Ireland | 50.2 | 35.8 | 61.1 | 65.1 | 9.1% |
| India | 22.0 | 17.9 | 39.7 | 43.4 | 25.4% |
| Brazil | 14.8 | 13.0 | 19.5 | 23.7 | 17.0% |
| Vietnam | 21.2 | 18.8 | 23.6 | 23.6 | 3.6% |
| Thailand | 35.3 | 31.5 | 30.1 | 21.3 | -15.5% |
| Madagascar | 3.8 | 3.5 | 6.0 | 9.5 | 35.7% |
| Others | 76.6 | 62.2 | 82.3 | 90.8 | 5.8% |
| Total | 678 | 530 | 760 | 811 | 6.2% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to the United States in 2022:
- China (6.8K tons)
- Brazil (1.1K tons)
- India (1.1K tons)
- Madagascar (0.5K tons)
- Ireland (0.3K tons)
- Vietnam (0.1K tons)
- Thailand (0.1K tons)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States
For the third year in a row, the United States recorded decline in shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which decreased by -57.8% to 38 tons in 2022. Overall, exports showed a sharp curtailment. The smallest decline of -36% was in 2020.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves totaled $368M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 34.7 | 24.5 | 60.8 | 53.0 | 15.2% |
| China | 58.1 | 43.6 | 46.3 | 51.8 | -3.8% |
| Canada | 18.2 | 14.3 | 25.1 | 32.5 | 21.3% |
| Saudi Arabia | 9.3 | 17.4 | 23.3 | 30.1 | 47.9% |
| United Kingdom | 21.5 | 11.2 | 13.5 | 14.0 | -13.3% |
| Australia | 7.9 | 8.9 | 12.9 | 13.7 | 20.1% |
| Ireland | 0.8 | 0.9 | 1.1 | 6.6 | 102.1% |
| Germany | 3.8 | 2.7 | 4.1 | 5.2 | 11.0% |
| Taiwan (Chinese) | 3.5 | 2.9 | 3.5 | 4.2 | 6.3% |
| South Korea | 2.4 | 2.4 | 3.3 | 4.2 | 20.5% |
| United Arab Emirates | 1.7 | 2.3 | 3.7 | 3.8 | 30.8% |
| Colombia | 1.7 | 0.6 | 0.9 | 2.3 | 10.6% |
| Brazil | 1.2 | 1.5 | 2.4 | 2.2 | 22.4% |
| Others | 147 | 96.1 | 126 | 144 | -0.7% |
| Total | 312 | 229 | 327 | 368 | 5.7% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from the United States in 2022:
- Saudi Arabia (11.3 tons)
- China (3.5 tons)
- South Korea (3.3 tons)
- Taiwan (Chinese) (2.2 tons)
- Brazil (1.4 tons)
- United Arab Emirates (1.3 tons)
- Colombia (1.2 tons)
- Mexico (1.1 tons)
- Canada (1.0 tons)
- Ireland (1.0 tons)
- United Kingdom (1.0 tons)
- Germany (1.0 tons)
- Australia (0.9 tons)
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