The top importers of mounted precious or semi-precious stones in 2024 include China ($2.6B), India ($2.05B), and the United States ($2.0B). Hong Kong and Switzerland follow with $1.37B and $0.797B respectively. Between 2023 and 2024, China saw a 5% increase, while India grew by 4.5%. The U.S., however, experienced a modest 2% rise. Over the past five years, the CAGR for these top three nations was 3.8%. These markets indicate a steady increase in demand for precious stones globally. Current trends show a shift towards digital trading platforms, enhancing access and diversifying buyer sources.
Future trends to watch include:
- Increasing consumer preference for sustainable and ethically sourced stones.
- Growing influence of Asian markets on global trade dynamics.
- The impact of technology on supply chain efficiency and transparency.
- Potential regulatory changes affecting trade operations.
Top countries in Top Importers of Mounted Precious or Semi-Precious Stones
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 2,600 | 2016 | |
| 2 | 2 India | 2,050 | 2016 | |
| 3 | 3 United States | 2,000 | 2016 | |
| 4 | 4 Hong Kong | 1,370 | 2016 | |
| 5 | 5 Switzerland | 797.16 | 2016 | |
| 6 | 6 France | 343.74 | 2016 | |
| 7 | 7 United Arab Emirates | 307.21 | 2016 | |
| 8 | 8 United Kingdom | 217.82 | 2016 | |
| 9 | 9 Italy | 186.27 | 2016 | |
| 10 | 10 Germany | 172.19 | 2016 |
