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

Contents:

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

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

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $48,276 per ton in 2022, with a decrease of -11.7% against the previous year. In general, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $99,490 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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 Germany ($126,361 per ton), while the average price for exports to Mexico ($29,381 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 the Netherlands (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $40,473 per ton, jumping by 20% against the previous year. Over the period under review, the import price enjoyed a notable expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 209%. Over the period under review, average import prices hit record highs at $51,219 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($260,073 per ton), while the price for Morocco ($11,054 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Uruguay recorded growth in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 35% to 18 tons in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $875K in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. United States (12.7 tons)
2. Germany (1.2 tons)
3. Mexico (0.8 tons)
4. Canada (0.7 tons)
5. Singapore (0.5 tons)

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

In 2022, approx. 1.6 tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into Uruguay; increasing by 20% against the previous year. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $67K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +88.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Brazil (921.0 kg)
2. China (515.0 kg)
3. Germany (96.0 kg)
4. Morocco (37.0 kg)
5. United Kingdom (28.0 kg)

Source: IndexBox Market Intelligence Platform