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.


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Synthetic Gemstones - World's Largest Markets

RatingCountry
1India
2Hong Kong SAR
3China
4Lao 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

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Russia599825374048496-10.1%
China64296792339955904-70.5%
Switzerland1843231657691873200.8%
Hong Kong SAR811142375537387127-30.9%
United Arab Emirates3955086433043978940.3%
India22994938174445693941.0%
Belgium47019841000175248726.5%
Average336656321975192628-24.4%

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

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
India1446582597991543213.3%
Hong Kong SAR88318549105698926-66.5%
China9894313908623434-51.3%
Russia119801261911812-0.7%
Lao People's Democratic Republic726051-15.8%
Average13615664412803143.5%

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

COUNTRY201820192020CAGR,
2018-2020
million USD
India126.2421485.8%
Hong Kong SAR10714714817.5%
China5971698.7%
Russia10.88.4193.8%
Lao People's Democratic Republic1.90.21.1-21.7%

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

COUNTRY201820192020CAGR,
2018-2020
million USD
Hong Kong SAR2911299220.2%
China415612070.5%
Belgium2.21579500.0%
United Arab Emirates21257691.4%
India3.11.837243.6%

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
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World - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global synthetic gemstones market.

Eastern Asia - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Eastern Asia.

Australia and Oceania - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Australia and Oceania.

Southern Asia - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Southern Asia.

Latin America and the Caribbean - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Latin America and the Caribbean.

Northern America - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Northern America.

Africa - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Africa.

Central Asia - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in Central Asia.

South-Eastern Asia - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in South-Eastern Asia.

Middle East - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the synthetic gemstones market in the Middle East.

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