Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway - 2024
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway (CIF) - 2024
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway (CIF) - 2024
In December 2023, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $230K per ton, which is down by -23.3% against the previous month. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in August 2023 an increase of 427% month-to-month. The import price peaked at $794K per ton in January 2023; however, from February 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($1.5M per ton), while the price for India ($67,403 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway (FOB) - 2022
In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $333,276 per ton, rising by 59% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 166%. The export price peaked at $1,163,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,704,304 per ton), while the average price for exports to the United States ($108,793 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+55.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway
In 2022, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Norway declined remarkably to 12 tons, with a decrease of -21.5% compared with the previous year's figure. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115% against the previous year. As a result, imports reached the peak of 16 tons, and then reduced sharply in the following year.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves shrank to $2.9M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, imports attained the peak of $3.4M, and then reduced in the following year.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,163 | 791 | 1,401 | 1,552 | 10.1% |
| China | 801 | 928 | 1,029 | 626 | -7.9% |
| Germany | 153 | 76.8 | 145 | 140 | -2.9% |
| Ireland | 35.1 | 22.9 | 164 | 70.2 | 26.0% |
| Hong Kong SAR | 59.2 | 18.3 | 61.7 | 55.1 | -2.4% |
| Brazil | 16.6 | 14.7 | 77.8 | 52.6 | 46.9% |
| Morocco | 0.5 | 0.5 | N/A | 8.2 | 154.1% |
| Others | 315 | 344 | 474 | 425 | 10.5% |
| Total | 2,544 | 2,195 | 3,352 | 2,929 | 4.8% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Norway in 2022:
- China (4.5 tons)
- Brazil (2.2 tons)
- Hong Kong SAR (1.4 tons)
- United States (1.0 tons)
- Germany (0.9 tons)
- Morocco (0.4 tons)
- Ireland (0.4 tons)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway
In 2022, after three years of growth, there was significant decline in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, when their volume decreased by -22.7% to 588 kg. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 111% against the previous year.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $196K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 29.1 | 3.9 | N/A | 95.4 | 48.6% |
| Sweden | 40.8 | 52.9 | 83.2 | 63.8 | 16.1% |
| United States | 21.0 | 14.9 | 48.5 | 9.5 | -23.2% |
| Netherlands | N/A | N/A | 0.4 | 7.6 | 1800.0% |
| Denmark | 0.6 | 3.0 | 0.9 | 6.6 | 122.4% |
| Germany | 0.4 | 1.2 | 3.4 | 2.0 | 71.0% |
| Oman | N/A | 11.7 | 2.1 | N/A | -82.1% |
| Others | 11.6 | 11.4 | 20.7 | 11.0 | -1.8% |
| Total | 104 | 98.8 | 159 | 196 | 23.5% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Norway in 2022:
- Sweden (328.0 kg)
- United States (87.0 kg)
- United Kingdom (56.0 kg)
- Denmark (50.0 kg)
- Netherlands (40.0 kg)
- Germany (14.0 kg)
Nothing found. Please try again.
