Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $195,035 per ton in 2022, surging by 42% against the previous year. Overall, the import price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 71% against the previous year. The import price peaked at $548,312 per ton in 2014; however, from 2015 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 UK ($1,844,000 per ton), while the price for Hong Kong SAR ($25,936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.5%), 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 Bangladesh (FOB) - 2022
In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $67,882 per ton, reducing by -17.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 51%. The export price peaked at $82,446 per ton in 2021, and then shrank significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -1.1% per year.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh
In 2022, approx. 85 kg of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into Bangladesh; growing by 204% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $17K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.1 | 6.5 | 2.2 | 7.1 | 20.1% |
| United Kingdom | N/A | N/A | N/A | 5.5 | 0% |
| Thailand | 3.0 | 3.9 | 1.1 | 2.6 | -4.7% |
| Hong Kong SAR | 1.0 | 1.5 | 0.4 | 1.2 | 6.3% |
| Switzerland | N/A | 0.1 | N/A | 0.1 | 0.0% |
| China | N/A | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| India | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 8.2 | 13.1 | 3.8 | 16.6 | 26.5% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Bangladesh in 2022:
- Hong Kong SAR (47.0 kg)
- United States (28.0 kg)
- Thailand (4.0 kg)
- United Kingdom (3.0 kg)
- India (1.0 kg)
- China (1.0 kg)
- Switzerland (1.0 kg)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh
For the fourth year in a row, Bangladesh recorded growth in shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 146% to 204 kg in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 246% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves surged to $14K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 254% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.2 | 1.9 | 6.8 | 13.8 | 125.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.9 | 6.8 | 13.8 | 125.7% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Bangladesh in 2022:
- United States (192.0 kg)
Nothing found. Please try again.
