In 2023, India led the global import of synthetic and reconstructed jewellery stones with a substantial share of 30.56% in US dollar terms. This was followed by the United States (21.15%), and the United Arab Emirates (18.06%). Notable year-on-year changes included significant increases for Angola (62.51%) and Pakistan (66.82%), while declines were seen in South Korea (-14.1%), Greece (-20.32%), and especially Slovakia (-46.77%). Over the past five years, the market has shown fluctuating trends with varying growth rates.
Future trends to watch for include potential growth in markets like Nigeria and Angola, which have recently shown significant increases. Additionally, geopolitical and economic shifts could impact key players such as India and the United States. Technological advancements and changes in fashion trends may influence consumer demand and import patterns for synthetic and reconstructed jewellery stones.
Top countries in Import of Synthetic and Reconstructed Jewellery Stones Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 30.56 | 2023 | +5.2% | +6.86% | View data |
| 2 | 2 United States | 21.15 | 2023 | +5.29% | +3.64% | View data |
| 3 | 3 United Arab Emirates | 18.06 | 2023 | +6.21% | +4.95% | View data |
| 4 | 4 China | 11.77 | 2023 | +0.68% | +1.17% | View data |
| 5 | 5 Thailand | 8.33 | 2023 | +1.76% | +3.18% | View data |
| 6 | 6 Singapore | 6.8 | 2023 | +4.8% | +4.95% | View data |
| 7 | 7 Germany | 4.38 | 2023 | +2.64% | +2.65% | View data |
| 8 | 8 Japan | 2.02 | 2023 | -8.57% | -6.94% | View data |
| 9 | 9 Belgium | 1.91 | 2023 | +6.1% | +2.98% | View data |
| 10 | 10 Austria | 1.69 | 2023 | +1.65% | +2.4% | View data |
