Report Update Apr 1, 2024

Luxembourg - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Synthetic Gemstones Market 2024

Synthetic Gemstones Market Size in Luxembourg

The Luxembourg synthetic gemstones market dropped dramatically to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a significant decrease. Synthetic gemstones consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Synthetic Gemstones Exports

Exports from Luxembourg

In 2018, approx. X kg of synthetic or reconstructed precious or semi-precious stones were exported from Luxembourg; reducing by X% compared with 2017 figures. In general, exports showed a sharp setback. The exports peaked at X kg in 2016; however, from 2017 to 2018, the exports failed to regain momentum.

In value terms, synthetic gemstones exports fell remarkably to $X in 2018. Over the period under review, exports saw a dramatic descent. The smallest decline of X% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for synthetic gemstones exports from Luxembourg, accounting for a approx. X% share of total exports.

From 2016 to 2018, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the Netherlands ($X) emerged as the key foreign market for synthetic or reconstructed precious or semi-precious stones exports from Luxembourg.

From 2016 to 2018, the average annual growth rate of value to the Netherlands totaled X%.

Export Prices by Country

The average synthetic gemstones export price stood at $X per ton in 2018, with a decrease of X% against the previous year. Over the period under review, the export price recorded a dramatic setback. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

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

From 2016 to 2018, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Synthetic Gemstones Imports

Imports into Luxembourg

In 2022, the amount of synthetic or reconstructed precious or semi-precious stones imported into Luxembourg dropped dramatically to X kg, waning by X% against the previous year's figure. Overall, imports recorded a sharp setback. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports reached the peak of X kg. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, synthetic gemstones imports shrank rapidly to $X in 2022. Over the period under review, imports faced a significant decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X kg), China (X kg) and India (X kg) were the main suppliers of synthetic gemstones imports to Luxembourg, together accounting for X% of total imports. Moreover, synthetic gemstones imports in Germany exceeded the figures recorded by the second-largest supplier, China, twofold.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and France ($X) were the largest synthetic gemstones suppliers to Luxembourg, together comprising X% of total imports. India and the United States lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average synthetic gemstones import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price recorded resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic or reconstructed precious or semi-precious stones in the world?

Russia constituted the country with the largest volume of synthetic gemstones consumption, accounting for 32% of total volume. Moreover, synthetic gemstones consumption in Russia exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was held by Switzerland, with a 9.8% share.

What are the largest producers of synthetic or reconstructed precious or semi-precious stones in the world?

Russia constituted the country with the largest volume of synthetic gemstones production, accounting for 35% of total volume. Moreover, synthetic gemstones production in Russia exceeded the figures recorded by the second-largest producer, the United Arab Emirates, threefold. The third position in this ranking was taken by Switzerland, with a 10% share.

What are the leading suppliers of synthetic or reconstructed precious or semi-precious stones to Luxembourg?

In value terms, the largest synthetic gemstones suppliers to Luxembourg were China, Germany and France $556), together comprising 97% of total imports. India and the United States lagged somewhat behind, together accounting for a further 3.2%.

What are the leading importers of synthetic or reconstructed precious or semi-precious stones from Luxembourg?

In value terms, the Netherlands $15) emerged as the key foreign market for synthetic or reconstructed precious or semi-precious stones exports from Luxembourg.

What is the average export price for synthetic or reconstructed precious or semi-precious stones in Luxembourg?

The average synthetic gemstones export price stood at $15,000 per ton in 2018, reducing by -91.3% against the previous year.

What is the average import price for synthetic or reconstructed precious or semi-precious stones in Luxembourg?

In 2022, the average synthetic gemstones import price amounted to $471,938 per ton, rising by 93% against the previous year.

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

Luxembourg

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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