In 2023, France led European exports of synthetic or reconstructed precious stones with 55.982 million grams, a 4.67% increase from the previous year. Germany followed at 54.992 million grams, showing a decline of 3.29%. Italy and the Netherlands exhibited remarkable growth rates of 151.31% and 164.77%, respectively. Smaller exporters such as Spain and Slovakia also saw significant increases, especially Spain with a 346.17% rise. However, countries like Belgium and Estonia experienced declines of 5.36% and 26.9%, respectively. The five-year CAGR reveals steady growth for emerging exporters, reflecting Europe's dynamic shift in the precious stones market.
Future trends to watch include:
- The continued expansion in Spain and the Netherlands, driven by rising demand and advancements in stone processing technologies.
- Potential for growth in underperforming markets such as Belgium if strategic policy shifts occur.
- Increasing competition among leading exporters like France and Germany that could drive innovation and quality enhancements.
- Potential impacts from geopolitical and economic factors on European trade agreements, potentially affecting export volumes and value.
Top countries in Export of Synthetic or Reconstructed Precious or Semi-Precious Stones, Unworked or Simply Sawn or Roughly Shaped by Country
| # | 10 Countries | Grams | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 55,982,000 | 2023 | +9.43% | +4.67% | View data |
| 2 | 2 Germany | 54,992,000 | 2023 | +19.2% | -3.29% | View data |
| 3 | 3 Italy | 14,895,000 | 2023 | +16.42% | +151.31% | View data |
| 4 | 4 Portugal | 10,275,000 | 2023 | +21.99% | +7.99% | View data |
| 5 | 5 Austria | 4,507,500 | 2023 | -8.89% | +2.61% | View data |
| 6 | 6 Netherlands | 1,926,500 | 2023 | +3.44% | +164.77% | View data |
| 7 | 7 Spain | 1,266,000 | 2023 | +30.79% | +346.17% | View data |
| 8 | 8 Slovakia | 724,310 | 2023 | +2.25% | +8.75% | View data |
| 9 | 9 Belgium | 183,350 | 2023 | +2.27% | -5.36% | View data |
| 10 | 10 Estonia | 166,110 | 2023 | +30.26% | -26.9% | View data |
