Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria - 2022

Contents:

1. Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria (CIF) - 2022
2. Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria (FOB) - 2022
3. Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria
4. Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria

Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria (CIF) - 2022

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $1,070,564 per ton in 2022, dropping by -9% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable expansion. The growth pace was the most rapid in 2018 when the average import price increased by 217%. As a result, import price attained the peak level of $2,689 per kg. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,103,958 per ton), while the price for Portugal ($237,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+37.3%), while the prices for the other major suppliers experienced a decline.

Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $114,200 per ton, shrinking by -50.1% against the previous year. Over the period under review, the export price saw a deep downturn. Over the period under review, the average export prices reached the maximum at $246,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($315,000 per ton), while the average price for exports to Luxembourg ($42,000 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 France (+37.6%).

Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria

In 2022, supplies from abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -8.3% to 420 kg for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports attained the peak of 458 kg, and then shrank in the following year.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined markedly to $450K in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of $539K, and then dropped markedly in the following year.

Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Algeria in 2022:

1. Poland (283.0 kg)
2. United States (118.0 kg)
3. Portugal (8.0 kg)

Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Algeria

Exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Algeria skyrocketed to 5 kg in 2022, picking up by 400% against the previous year's figure. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $571 in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Algeria in 2022:

1. Cote d'Ivoire (3.0 kg)
2. Luxembourg (1.0 kg)
3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform