India - Synthetic Or Reconstructed Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Gemstones Price in India - 2023
Contents:
- Synthetic Gemstones Price in India (CIF) - 2022
- Synthetic Gemstones Price in India (FOB) - 2022
- Synthetic Gemstones Imports in India
- Synthetic Gemstones Exports in India
Synthetic Gemstones Price in India (CIF) - 2022
In 2022, the average synthetic gemstones import price amounted to $52,332 per ton, which is down by -10.5% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 230%. As a result, import price reached the peak level of $302,291 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 the United Arab Emirates ($83,898 per ton), while the price for China ($7,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-3.6%), while the prices for the other major suppliers experienced a decline.
Synthetic Gemstones Price in India (FOB) - 2022
The average synthetic gemstones export price stood at $744,869 per ton in 2022, with an increase of 9.9% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 440% against the previous year. The export price peaked in 2022 and is likely to continue 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 Arab Emirates ($7,766,165 per ton), while the average price for exports to Hong Kong SAR ($391,909 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 Arab Emirates (+75.6%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Gemstones Imports in India
After three years of growth, supplies from abroad of synthetic or reconstructed precious or semi-precious stones decreased by -59.4% to 7.8K tons in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 7,109% against the previous year.
In value terms, synthetic gemstones imports dropped markedly to $407M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 6,719%.
| Import of Synthetic Gemstones in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.8 | 303 | 872 | 344 | 654.8% |
| United Arab Emirates | 4.5 | 31.7 | 84.1 | 33.1 | 94.5% |
| United States | 0.1 | 40.5 | 49.4 | 19.5 | 479.9% |
| China | 0.3 | 2.2 | 5.6 | 2.2 | 94.3% |
| Others | 0.5 | 43.3 | 111 | 9.0 | 162.1% |
| Total | 6.2 | 421 | 1,122 | 407 | 303.4% |
Top Suppliers of Synthetic Gemstones to India in 2022:
- Hong Kong SAR (6.1K tons)
- United States (0.9K tons)
- United Arab Emirates (0.4K tons)
- China (0.3K tons)
Synthetic Gemstones Exports in India
In 2022, after three years of growth, there was significant decline in overseas shipments of synthetic or reconstructed precious or semi-precious stones, when their volume decreased by -7.8% to 86 tons. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 906% against the previous year.
In value terms, synthetic gemstones exports stood at $64M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 5,329%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Synthetic Gemstones in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | 19.5 | 30.8 | 31.0 | 26.1% |
| United Arab Emirates | 0.6 | 10.3 | 28.1 | 28.2 | 260.9% |
| United States | N/A | 1.4 | 3.5 | 3.5 | 58.1% |
| United Kingdom | N/A | 4.6 | 0.2 | 1.4 | -44.8% |
| Belgium | N/A | 0.8 | 0.5 | N/A | -37.5% |
| Others | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
| Total | 0.7 | 36.8 | 63.4 | 64.3 | 351.2% |
Top Export Markets for Synthetic Gemstones from India in 2022:
- Hong Kong SAR (79.1 tons)
- United Arab Emirates (3.6 tons)
- United Kingdom (1.8 tons)
- United States (1.4 tons)
This report provides an in-depth analysis of the synthetic gemstones market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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