Canada - Synthetic Or Reconstructed Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Gemstones Price in Canada - 2023
Contents:
- Synthetic Gemstones Price in Canada (CIF) - 2022
- Synthetic Gemstones Price in Canada (FOB) - 2022
- Synthetic Gemstones Imports in Canada
- Synthetic Gemstones Exports in Canada
Synthetic Gemstones Price in Canada (CIF) - 2022
In 2022, the average synthetic gemstones import price amounted to $375,432 per ton, declining by -13.5% against the previous year. Over the period under review, the import price, however, posted resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 57%. Over the period under review, average import prices hit record highs at $434,140 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,513,731 per ton), while the price for the United States ($99,043 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Gemstones Price in Canada (FOB) - 2022
In 2022, the average synthetic gemstones export price amounted to $735,289 per ton, jumping by 206% against the previous year. Over the period under review, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +54.3% per year.
Synthetic Gemstones Imports in Canada
In 2022, synthetic gemstones imports into Canada fell markedly to 2.5 tons, dropping by -69.9% against 2021. Over the period under review, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 41%.
In value terms, synthetic gemstones imports fell remarkably to $948K in 2022. Overall, imports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of $3.6M, and then fell notably in the following year.
| Import of Synthetic Gemstones in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,034 | 500 | 549 | 515 | -20.7% |
| United States | 294 | 196 | 544 | 214 | -10.0% |
| India | 12.5 | 63.4 | 347 | 136 | 121.6% |
| Russia | 416 | 183 | 79.7 | 22.0 | -62.5% |
| Thailand | 3.3 | 0.2 | 10.7 | 7.4 | 30.9% |
| Hong Kong SAR | 104 | 169 | 159 | N/A | 23.6% |
| Germany | 778 | 797 | 826 | N/A | 3.0% |
| Switzerland | 10.9 | 6.8 | 3.4 | N/A | -44.1% |
| Others | 101 | 111 | 1,124 | 52.1 | -19.8% |
| Total | 2,753 | 2,026 | 3,642 | 948 | -29.9% |
Top Suppliers of Synthetic Gemstones to Canada in 2022:
- United States (2165.0 kg)
- China (205.0 kg)
- India (54.0 kg)
- Thailand (39.0 kg)
- Russia (25.0 kg)
Synthetic Gemstones Exports in Canada
In 2022, the amount of synthetic or reconstructed precious or semi-precious stones exported from Canada skyrocketed to 675 kg, picking up by 56% compared with the previous year's figure. Over the period under review, exports, however, recorded a pronounced decline.
In value terms, synthetic gemstones exports soared to $496K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Gemstones in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.0 | 43.7 | 19.7 | 470 | 102.0% |
| Hong Kong SAR | 7.7 | 28.6 | 12.3 | N/A | 26.4% |
| South Korea | 48.4 | 53.2 | 26.2 | N/A | -26.4% |
| Switzerland | 4.7 | 3.2 | 2.0 | N/A | -34.8% |
| China | 23.7 | 54.0 | 23.2 | N/A | -1.1% |
| Sweden | 7.4 | 4.0 | 2.8 | N/A | -38.5% |
| Cuba | 6.3 | 7.2 | 3.7 | N/A | -23.4% |
| Others | 31.0 | 20.2 | 14.0 | 26.4 | -5.2% |
| Total | 186 | 214 | 104 | 496 | 38.7% |
Top Export Markets for Synthetic Gemstones from Canada in 2022:
- United States (668.0 kg)
This report provides an in-depth analysis of the synthetic gemstones market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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