EU: Precious Stones Market 2020

Precious Stones Market Size in the EU

The revenue of the precious stones market in the European Union amounted to $X in 2017, falling by -X% against the previous year. The precious stones consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. Over the period under review, the precious stones market reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Precious Stones Production in the EU

In 2017, the amount of precious and semi-precious stones produced in the European Union amounted to X tons, therefore, remained relatively stable against the previous year. The precious stones production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. In that year, the precious stones production attained their peak volume of X tons. From 2011 to 2017, growth of the precious stones production failed to regain its momentum.

Precious Stones Exports in the EU

In 2017, exports of precious and semi-precious stones in the European Union totaled X tons, jumping by X% against the previous year. The precious stones exports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2017, when exports increased by X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, precious stones exports amounted to $X in 2017. The precious stones exports continue to indicate a relatively flat trend pattern. Over the period under review, the precious stones exports reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Precious Stones Exports by Country in the EU

In 2017, Belgium (X tons), the UK (X tons) and Italy (X tons) represented the main exporters of precious and semi-precious stones in the European Union, mixed up X% of total export. It was distantly followed by France (X tons), creating X% share of total exports. Austria (X tons), Germany (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Austria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the largest precious stones supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Belgium, precious stones exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (-X% per year) and Germany (+X% per year).

Precious Stones Export Prices by Country in the EU

In 2017, the precious stones export price in the European Union amounted to $X per kg, reducing by -X% against the previous year. The precious stones export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, the export prices for precious and semi-precious stones attained its maximum level of $X per kg in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Belgium ($X per kg), while Spain ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the UK (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Precious Stones Imports in the EU

The imports stood at X tons in 2017, rising by X% against the previous year. The precious stones imports continue to indicate a remarkable growth. The growth pace was the most rapid in 2017, when imports increased by X% year-to-year. In that year, the precious stones imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, precious stones imports stood at $X in 2017. The precious stones imports continue to indicate a measured descent. In that year, the precious stones imports attained their peak level of $X. From 2012 to 2017, growth of the precious stones imports failed to regain its momentum.

Precious Stones Imports by Country in the EU

Portugal (X tons) and Belgium (X tons) dominates precious stones imports structure, together generating X% of total imports. The following importers - the UK (X tons) and France (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Portugal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constitutes the largest market for imported precious and semi-precious stones in the European Union, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Belgium amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and France (+X% per year).

Precious Stones Import Prices by Country in the EU

In 2017, the precious stones import price in the European Union amounted to $X per kg, falling by -X% against the previous year. The precious stones import price continues to indicate a drastic contraction. The growth pace was the most rapid in 2013, an increase of X% year-to-year. Over the period under review, the import prices for precious and semi-precious stones attained its peak figure level of $X per kg in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($X per kg), while Portugal ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform