The United States leads the global export market for worked precious and semi-precious stones, with a significant share of approximately 25.85% in 2023, exhibiting a year-on-year growth of 4.18% from the previous year. Thailand and Singapore follow with substantial percentages of 19.77% and 13.43%, respectively. Noteworthy shifts include a major increase in Israel's exports by 95.33%, bolstered by smaller yet significant increases from the UAE and Brazil. Meanwhile, India and Germany faced slight declines.
Future trends to watch include the potential for emerging markets like Israel and Bolivia to continue their upward trajectories, while traditional leaders like India and Germany may need strategic adjustments to counter declines. Additionally, emerging technology in the gemstone industry could reshape competitive dynamics and market shares globally.
Top countries in Export of Precious, Semi-Precious Stones Worked Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 25.85 | 2023 | +3.79% | +4.18% | View data |
| 2 | 2 Thailand | 19.77 | 2023 | +2.89% | +3.31% | View data |
| 3 | 3 Singapore | 13.43 | 2023 | +4.87% | +2.38% | View data |
| 4 | 4 India | 8.12 | 2023 | +0.27% | -0.085% | View data |
| 5 | 5 Germany | 5.5 | 2023 | -1.74% | -0.4% | View data |
| 6 | 6 United Arab Emirates | 5.1 | 2023 | +3.09% | +7.62% | View data |
| 7 | 7 Italy | 4.62 | 2023 | +5.18% | +3.52% | View data |
| 8 | 8 Brazil | 4.29 | 2023 | +0.89% | +1.7% | View data |
| 9 | 9 Switzerland | 2.77 | 2023 | +1.43% | +4.27% | View data |
| 10 | 10 France | 2.45 | 2023 | +4.87% | +3.68% | View data |
