In 2023, Mozambique dominated the global export share of rubies, sapphires, and emeralds (worked but not set) with a 99.67% share by kilograms, showing a 5.7% increase from the previous year. Brazil and United Arab Emirates experienced declines in exports by 0.64% and an increase of 3.1% respectively. France saw remarkable growth at 108.58%. However, countries like South Korea, Germany, and Lebanon faced significant decreases in their export shares by 13.35%, 6.53%, and 50.22% respectively.
Future Trends to Watch:
- Growth potential in emerging markets like France, which showed strong year-on-year growth.
- Potential disruptions in established markets with declining shares, such as South Korea and Lebanon.
- Continuing dominance of Mozambique, likely impacting pricing and competition dynamics.
- Potential market opportunities in luxury segments in European countries despite a small current share.
Top countries in Export of Rubies, Sapphires and Emeralds Worked But Not Set Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mozambique | 99.67 | 2023 | +5.97% | +5.7% | View data |
| 2 | 2 Brazil | 0.038 | 2023 | +3.3% | -0.64% | View data |
| 3 | 3 United Arab Emirates | 0.006 | 2023 | +3.38% | +3.1% | View data |
| 4 | 4 Pakistan | 0.004 | 2023 | +6.32% | +1.71% | View data |
| 5 | 5 United Kingdom | 0.003 | 2023 | -7.21% | -10.93% | View data |
| 6 | 6 Italy | 0.003 | 2023 | +1.97% | +8.17% | View data |
| 7 | 7 France | 0.002 | 2023 | -2.78% | +108.58% | View data |
| 8 | 8 South Korea | 0.001 | 2023 | -14.69% | -13.35% | View data |
| 9 | 9 Colombia | 0 | 2023 | -2.53% | -3.26% | View data |
| 10 | 10 Switzerland | 0 | 2023 | -1.42% | -1.37% | View data |
