Report Update: Apr 1, 2024

World - Synthetic Or Reconstructed Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends And Insights

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Synthetic Gemstones Market

Synthetic gemstones market: find recently published info provided by an Ai-driven market intelligence tool. Facts and figures cover companies, market prices, market size, consumption, exports, production, trade, and imports. Here is a split by country, including China, Africa, the Middle East, EU, Russia, the U.S., the U.K., and Latin America. Market dynamics and forecast to 2030 are also provided in the snapshots.

Get FREE access to the latest REPORT on the Synthetic Gemstones Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Synthetic Gemstones - World's Largest Markets

Rating	Country
1	India
2	Hong Kong SAR
3	China
4	Lao People's Democratic Republic

In value terms, India, Hong Kong SAR and China were the countries with the highest levels of market value in 2020, with a combined 70% share of the global market.

India (+518.1% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while synthetic gemstones market for the other global leaders experienced more modest paces of growth.

Synthetic Gemstones Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	59982	53740	48496	-10.1%
China	642967	923399	55904	-70.5%
Switzerland	184323	165769	187320	0.8%
Hong Kong SAR	811142	375537	387127	-30.9%
United Arab Emirates	395508	643304	397894	0.3%
India	229949	381744	456939	41.0%
Belgium	470198	410001	752487	26.5%
Average	336656	321975	192628	-24.4%

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($752,487 per ton), while Russia ($48,496 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
India	144658	259799	154321	3.3%
Hong Kong SAR	883185	491056	98926	-66.5%
China	98943	139086	23434	-51.3%
Russia	11980	12619	11812	-0.7%
Lao People's Democratic Republic	72	60	51	-15.8%
Average	13615	66441	28031	43.5%

Prices varied noticeably by the country of destination; the country with the highest price was India ($154,321 per ton), while Lao People's Democratic Republic ($51 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced a decline in the import price figures.

Synthetic Gemstones - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
India	12	6.2	421	485.8%
Hong Kong SAR	107	147	148	17.5%
China	59	71	69	8.7%
Russia	1	0.8	8.4	193.8%
Lao People's Democratic Republic	1.9	0.2	1.1	-21.7%

In value terms, India ($421M) constitutes the largest market for imported synthetic or reconstructed precious or semi-precious stones worldwide, comprising 49% of global imports. The second position in the ranking was occupied by Hong Kong SAR ($148M), with a 17% share of global imports. It was followed by China, with a 8% share.

In India, synthetic gemstones imports expanded at an average annual rate of +485.8% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Hong Kong SAR (+17.5% per year) and China (+8.7% per year).

Synthetic Gemstones - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Hong Kong SAR	29	11	299	220.2%
China	41	56	120	70.5%
Belgium	2.2	15	79	500.0%
United Arab Emirates	21	25	76	91.4%
India	3.1	1.8	37	243.6%

In value terms, Hong Kong SAR ($299M) emerged as the largest synthetic gemstones supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by China ($120M), with a 15% share of global exports. It was followed by Belgium, with a 9.7% share.

In Hong Kong SAR, synthetic gemstones exports increased at an average annual rate of +220.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: China (+70.5% per year) and Belgium (+500.0% per year).

Synthetic Gemstones - Market Forecast

Driven by increasing demand for synthetic gemstones worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Synthetic Gemstones - Product Coverage

HS 710410 - Stones; precious or semi-precious, synthetic or reconstructed, piezo-electric quartz, whether or not worked or graded (but not strung, mounted or set), temporarily strung for transport convenience
HS 710420 - Stones; precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), unworked or simply sawn, roughly shaped, (not strung, mounted or set), temporarily strung for transport convenience

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global synthetic gemstones market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20136800 - Synthetic or reconstructed precious or semi-precious stones, u nworked or simply sawn or roughly shaped

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023