The United States leads the global export market for worked but not set rubies, sapphires, and emeralds with a significant share, followed by Thailand and Switzerland. While most countries showed moderate growth in 2023, Thailand showed robust growth among the top exporters. Notably, Mozambique and the UAE are emerging players with moderate gains, while Switzerland experienced a decline. Smaller markets such as the Czech Republic and Tanzania saw dramatic increases, reflecting dynamic changes. In contrast, traditional markets like Japan and Belgium faced downturns, indicating shifts in global preferences and trade dynamics.
Looking ahead, continue monitoring geopolitical developments and currency fluctuations, as these factors may influence competitive dynamics in the gem export landscape. Technological advancements in gemstone processing and evolving consumer preferences for ethically sourced gems will also likely shape future trade patterns.
Top countries in Export 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 | 39.06 | 2023 | +4.43% | +4.45% | View data |
| 2 | 2 Thailand | 17.6 | 2023 | +3.93% | +4.43% | View data |
| 3 | 3 Switzerland | 13.32 | 2023 | +1.95% | -1.85% | View data |
| 4 | 4 India | 5.08 | 2023 | +2.57% | +3.34% | View data |
| 5 | 5 France | 4.28 | 2023 | +3.93% | +4.41% | View data |
| 6 | 6 Mozambique | 4.05 | 2023 | +5.75% | +3.77% | View data |
| 7 | 7 United Arab Emirates | 3.87 | 2023 | +2.05% | +3.25% | View data |
| 8 | 8 Italy | 3.26 | 2023 | +4.49% | +2.83% | View data |
| 9 | 9 Germany | 2.58 | 2023 | +3.78% | +3.41% | View data |
| 10 | 10 United Kingdom | 2.58 | 2023 | -1.17% | +1.94% | View data |
