Serbia - Synthetic Or Reconstructed Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 4, 2024

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

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Synthetic Gemstones Price in Serbia - 2022

Contents:

  1. Synthetic Gemstones Price in Serbia (CIF) - 2022
  2. Synthetic Gemstones Price in Serbia (FOB) - 2022
  3. Synthetic Gemstones Imports in Serbia
  4. Synthetic Gemstones Exports in Serbia

Synthetic Gemstones Price in Serbia (CIF) - 2022

The average synthetic gemstones import price stood at $215,833 per ton in 2022, with an increase of 4,217% against the previous year. Overall, the import price enjoyed tangible growth. Over the period under review, average import prices hit record highs at $357,667 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +3.6% per year.

Synthetic Gemstones Price in Serbia (FOB) - 2022

In 2022, the average synthetic gemstones export price amounted to $772,488 per ton, which is down by -22.8% against the previous year. In general, the export price, however, showed strong growth. The growth pace was the most rapid in 2013 when the average export price increased by 216%. Over the period under review, the average export prices hit record highs at $1,296,500 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +117.9% per year.

Synthetic Gemstones Imports in Serbia

Synthetic gemstones imports into Serbia soared to 6 kg in 2022, with an increase of 50% compared with the year before. In general, imports showed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 175% against the previous year. As a result, imports attained the peak of 11 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, synthetic gemstones imports soared to $1.3K in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 8,312%. As a result, imports reached the peak of $2.1K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Synthetic Gemstones in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.02802.01,295655.8%
Germany1.020.01.0N/A0.0%
China1.03.01.0N/A0.0%
Italy20.01,80016.0N/A-10.6%
OthersN/AN/AN/AN/A0%
Total25.02,10320.01,295272.8%

Top Suppliers of Synthetic Gemstones to Serbia in 2022:

  1. Japan (6.0 kg)

Synthetic Gemstones Exports in Serbia

For the fourth year in a row, Serbia recorded growth in overseas shipments of synthetic or reconstructed precious or semi-precious stones, which increased by 71% to 41 kg in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 500% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, synthetic gemstones exports skyrocketed to $32K in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 363%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Synthetic Gemstones in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3.45.223.931.7110.5%
OthersN/AN/A0.1N/A0%
Total3.45.224.031.7110.5%

Top Export Markets for Synthetic Gemstones from Serbia in 2022:

  1. Switzerland (41.0 kg)

Source: IndexBox Market Intelligence Platform

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

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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