The global export market for worked precious and semi-precious stones saw varied performances in 2023. The United States led with $546.56 million, followed by Thailand and Singapore. Notably, the United Arab Emirates exhibited a significant year-on-year growth of 7.62%, while Israel saw an impressive surge of 95.33%. In contrast, countries such as Myanmar and Greece faced declines. Over the past five years, consistent players like the United States and Thailand showcased steady growth, indicating a strong demand for their products.
Looking forward, the industry should monitor the increasing role of emerging markets like Israel and Tanzania. Technological advancements in stone processing and shifting consumer preferences can also reshape export dynamics. The market's resilience and adaptability will be crucial amidst global economic fluctuations.
Top countries in Export of Precious, Semi-Precious Stones Worked by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 546,560,000 | 2023 | +3.79% | +4.18% | View data |
| 2 | 2 Thailand | 418,140,000 | 2023 | +2.89% | +3.31% | View data |
| 3 | 3 Singapore | 284,040,000 | 2023 | +4.87% | +2.38% | View data |
| 4 | 4 India | 171,790,000 | 2023 | +0.27% | -0.085% | View data |
| 5 | 5 Germany | 116,270,000 | 2023 | -1.74% | -0.4% | View data |
| 6 | 6 United Arab Emirates | 107,780,000 | 2023 | +3.09% | +7.62% | View data |
| 7 | 7 Italy | 97,726,000 | 2023 | +5.18% | +3.52% | View data |
| 8 | 8 Brazil | 90,662,000 | 2023 | +0.89% | +1.7% | View data |
| 9 | 9 Switzerland | 58,545,000 | 2023 | +1.43% | +4.27% | View data |
| 10 | 10 France | 51,730,000 | 2023 | +4.87% | +3.68% | View data |
