The United States dominates the global import market for worked rubies, sapphires, and emeralds, accounting for a significant share. Switzerland, India, and Italy follow, making up the top four importers in dollar terms. Notably, India has experienced a substantial increase in imports, while the United Kingdom and Japan have shown a decline. Emerging markets like China are witnessing accelerated growth, whereas smaller European countries display varied trends, with Costa Rica seeing a remarkable surge.
Looking ahead, rising affluence in emerging economies and shifts in luxury consumption patterns may continue to influence the market dynamics. Increased digitalization in the jewelry sector could also reshape import strategies.
Top countries in Import of Rubies, Sapphires and Emeralds Worked But Not Set Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 40.51 | 2023 | +3.76% | +4.03% | View data |
| 2 | 2 Switzerland | 18.41 | 2023 | +2.22% | -0.4% | View data |
| 3 | 3 India | 10.53 | 2023 | +0.3% | +16.41% | View data |
| 4 | 4 Italy | 9.38 | 2023 | +5.12% | +1.86% | View data |
| 5 | 5 Thailand | 9.17 | 2023 | +4.28% | +4.36% | View data |
| 6 | 6 France | 9.02 | 2023 | +3.84% | +3.57% | View data |
| 7 | 7 China | 6.56 | 2023 | -2.6% | +8.71% | View data |
| 8 | 8 United Arab Emirates | 3.58 | 2023 | +1.53% | +4.73% | View data |
| 9 | 9 Germany | 3.34 | 2023 | +4.27% | +4.05% | View data |
| 10 | 10 United Kingdom | 1.97 | 2023 | -5.86% | -2.19% | View data |
