In 2023, the global import of synthetic precious or semi-precious stones exhibited nuanced trends. India led with a 6.19% increase, maintaining a strong position, while the US and UAE saw solid growth rates of 3.93% and 4.54% respectively. Significant fluctuations included a sharp 21.01% decline in Japan and a notable 75.11% surge in Pakistan. Other noteworthy trends were the notable declines in South Korea (-32.59%) and Greece (-31.14%). Conversely, Angola and Paraguay experienced remarkable growth, at 65.95% and 33.75% respectively.
Looking ahead, future trends to watch include continued growth in developing markets such as Pakistan and Angola, alongside a potential recovery in traditionally strong markets like Japan and South Korea. The economic and geopolitical landscape will likely play a significant role in shaping these trends. Keep an eye on technological advancements and their potential to impact supply chains and synthetic gem market dynamics.
Top countries in Import of Synthetic Precious or Semi-Precious Stone Worked by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 411,630,000 | 2023 | +5.84% | +6.19% | View data |
| 2 | 2 United States | 298,370,000 | 2023 | +5.47% | +3.93% | View data |
| 3 | 3 United Arab Emirates | 238,110,000 | 2023 | +6.23% | +4.54% | View data |
| 4 | 4 China | 144,350,000 | 2023 | +1.57% | +2.08% | View data |
| 5 | 5 Singapore | 97,563,000 | 2023 | +5.03% | +5.31% | View data |
| 6 | 6 Thailand | 91,137,000 | 2023 | +1.81% | +3.26% | View data |
| 7 | 7 Germany | 56,778,000 | 2023 | +3.61% | +3.79% | View data |
| 8 | 8 Austria | 25,872,000 | 2023 | +2.7% | +3.71% | View data |
| 9 | 9 Belgium | 24,781,000 | 2023 | +6.42% | +2.55% | View data |
| 10 | 10 Canada | 17,688,000 | 2023 | +5.44% | +14.96% | View data |
