In 2023, Mozambique led global exports of worked precious and semi-precious stones by a substantial margin, with a share of 97.89%. Noteworthy year-on-year growths were seen in Madagascar (+2.89%) and South Africa (+2.54%), while Brazil and Zambia experienced declines of -1.3% and -8.34%, respectively. Armenia, Hungary, and Luxembourg showed significant surges, although they contributed nominally to the overall share. The 5-year CAGR indicates overall growth, with Mozambique's dominance strengthened by increasing output.
Future trends to watch include:
- Potential shifts due to geopolitical or economic changes affecting key exporters.
- Technological advancements in mining and processing, influencing production and trade volumes.
- The increasing importance of sustainability and ethical sourcing on buyer preferences and market dynamics.
Top countries in Export of Precious, Semi-Precious Stones Worked Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mozambique | 97.89 | 2023 | +4.78% | +9.57% | View data |
| 2 | 2 Madagascar | 1.72 | 2023 | +3.52% | +2.89% | View data |
| 3 | 3 Brazil | 1.24 | 2023 | -1.25% | -1.3% | View data |
| 4 | 4 Uruguay | 0.19 | 2023 | +5.65% | +3.38% | View data |
| 5 | 5 South Africa | 0.055 | 2023 | +2% | +2.54% | View data |
| 6 | 6 Zambia | 0.029 | 2023 | -9.56% | -8.34% | View data |
| 7 | 7 Mexico | 0.015 | 2023 | +2.46% | -4.48% | View data |
| 8 | 8 Czech Republic | 0.011 | 2023 | +3.19% | -7.82% | View data |
| 9 | 9 Belgium | 0.004 | 2023 | +6.71% | +0.88% | View data |
| 10 | 10 Indonesia | 0.003 | 2023 | +4.38% | +5% | View data |
