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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $11,104 per ton in 2022, which is down by -11.2% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 117% against the previous year. The import price peaked at $95,753 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($78,277 per ton), while the price for China ($5,040 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-4.3%), 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 Australia (FOB) - 2022

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $1,283,630 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 an increase of 130% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,747,933 per ton), while the average price for exports to Taiwan (Chinese) ($273,986 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 New Zealand (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Australia recorded growth in supplies from abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 45% to 2.5K tons in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 79%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $28M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.26.27.98.6250.3%
China4.83.76.67.214.5%
VietnamN/A1.31.73.359.3%
India0.70.61.31.734.4%
Brazil0.40.51.11.555.4%
Others3.73.23.35.816.2%
Total9.815.521.928.242.2%

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

  1. China (1434.2 tons)
  2. Vietnam (537.3 tons)
  3. Thailand (265.5 tons)
  4. Brazil (99.6 tons)
  5. India (97.6 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, when their volume increased by 324% to 7.9 tons. Over the period under review, exports recorded strong growth. 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 $10M in 2022. Overall, exports enjoyed a prominent increase. As a result, the exports attained the peak 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 Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR3192,3181278,168194.7%
United States4,7892061,351646-48.7%
United Kingdom81.830.627954788.4%
New Zealand676238107218-31.4%
ItalyN/A3.94.2132481.8%
South Korea3.260.81.659.4164.8%
Taiwan (Chinese)11.22.844.057.072.0%
Others606297165369-15.2%
Total6,4863,1572,07810,19716.3%

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

  1. Hong Kong SAR (4673.0 kg)
  2. United Kingdom (977.0 kg)
  3. United States (726.0 kg)
  4. Italy (482.0 kg)
  5. New Zealand (320.0 kg)
  6. South Korea (215.0 kg)
  7. Taiwan (Chinese) (208.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles of - Australia