Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Turkey - 2024

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $25,059 per ton in 2022, declining by -17% against the previous year. In general, the import price, however, saw noticeable growth. The growth pace was the most rapid in 2021 when the average import price increased by 67%. As a result, import price reached the peak level of $30,176 per ton, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($171,539 per ton), while the price for China ($12,186 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $210,062 per ton in 2022, growing by 44% against the previous year. In general, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2020 an increase of 71% against the previous year. The export price peaked at $440,458 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($353,842 per ton), while the average price for exports to Estonia ($18,755 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 Australia (+235.8%), 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 Turkey

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves imported into Turkey skyrocketed to 321 tons, jumping by 117% on the previous year. Over the period under review, 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 surged to $8M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 85%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0069191,6663,44450.7%
Thailand0.47661,6742,7091792.0%
India74.556.018716229.6%
Brazil15.54186.822.112.6%
Others4176359411,70960.0%
Total1,5132,7954,4758,04674.5%

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

  1. China (282.6 tons)
  2. Thailand (15.8 tons)
  3. India (10.3 tons)
  4. Brazil (2.0 tons)

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

In 2022, approx. 15 tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were exported from Turkey; with an increase of 43% compared with 2021 figures. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 824% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $3.2M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 434% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.715.04391,7871266.7%
Germany1.13.8262460647.8%
United Kingdom0.6N/A88.1212607.0%
Hong Kong SARN/AN/A212135-36.3%
Italy3.313.221.063.3167.7%
AustraliaN/AN/A32.736.411.3%
Albania15.529.532.233.929.8%
CanadaN/AN/A56.833.7-40.7%
Mexico14.4N/A5.432.531.2%
Spain3.34.823.329.2106.8%
EstoniaN/AN/A0.79.51257.1%
Others12822236835740.8%
Total1672881,5413,190167.3%

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

  1. United States (5.0 tons)
  2. Germany (3.8 tons)
  3. United Kingdom (1.5 tons)
  4. Albania (0.6 tons)
  5. Australia (0.5 tons)
  6. Estonia (0.5 tons)
  7. Hong Kong SAR (0.5 tons)
  8. Canada (0.3 tons)
  9. Spain (0.3 tons)
  10. Italy (0.2 tons)
  11. Mexico (0.2 tons)

Source: IndexBox Market Intelligence Platform

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