Colombia - Synthetic Or Reconstructed Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Gemstones Price in Colombia - 2021
Contents:
- Synthetic Gemstones Price in Colombia (CIF) - 2022
- Synthetic Gemstones Price in Colombia (FOB) - 2022
- Synthetic Gemstones Imports in Colombia
- Synthetic Gemstones Exports in Colombia
Synthetic Gemstones Price in Colombia (CIF) - 2022
The average synthetic gemstones import price stood at $43,483 per ton in 2022, dropping by -31.9% against the previous year. In general, the import price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $63,845 per ton, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46,653 per ton), while the price for China ($27,992 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Synthetic Gemstones Price in Colombia (FOB) - 2022
The average synthetic gemstones export price stood at $269,218 per ton in 2022, surging by 4.9% against the previous year. Over the period under review, the export price showed a strong expansion. The growth pace was the most rapid in 2019 an increase of 73%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($905,338 per ton), while the average price for exports to Thailand ($4,173 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 United States (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.
Synthetic Gemstones Imports in Colombia
In 2022, purchases abroad of synthetic or reconstructed precious or semi-precious stones was finally on the rise to reach 358 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic contraction.
In value terms, synthetic gemstones imports soared to $16K in 2022. Over the period under review, imports, however, saw a abrupt descent.
| Import of Synthetic Gemstones in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.5 | 14.9 | 5.1 | 12.6 | -13.5% |
| China | 3.8 | 2.2 | 0.8 | 1.6 | -25.0% |
| Hong Kong SAR | 1.5 | 1.1 | 0.3 | 0.6 | -26.3% |
| Others | 1.8 | 1.2 | 0.4 | 0.7 | -27.0% |
| Total | 26.7 | 19.5 | 6.6 | 15.6 | -16.4% |
Top Suppliers of Synthetic Gemstones to Colombia in 2022:
- United States (270.0 kg)
- China (59.0 kg)
- Hong Kong SAR (21.0 kg)
Synthetic Gemstones Exports in Colombia
After three years of growth, overseas shipments of synthetic or reconstructed precious or semi-precious stones decreased by -3.1% to 590 kg in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37%.
In value terms, synthetic gemstones exports expanded to $159K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Synthetic Gemstones in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 77.2 | 121 | 137 | 154 | 25.9% |
| France | 8.0 | 1.6 | 2.0 | 2.3 | -34.0% |
| Thailand | 1.3 | 2.3 | 1.9 | 1.5 | 4.9% |
| Peru | 0.9 | 1.6 | 1.3 | 1.0 | 3.6% |
| Others | N/A | N/A | 14.1 | N/A | 0% |
| Total | 87.4 | 127 | 156 | 159 | 22.1% |
Top Export Markets for Synthetic Gemstones from Colombia in 2022:
- Thailand (368.0 kg)
- United States (170.0 kg)
- Peru (37.0 kg)
- France (15.0 kg)
This report provides an in-depth analysis of the synthetic gemstones market in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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
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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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