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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $101,176 per ton in 2022, which is down by -15.2% against the previous year. Overall, the import price saw a pronounced downturn. The growth pace was the most rapid in 2017 when the average import price increased by 72% against the previous year. As a result, import price reached the peak level of $150,577 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($242,818 per ton), while the price for Hong Kong SAR ($9,023 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.8%), 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 Canada (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $345,274 per ton, surging by 96% against the previous year. Overall, the export price enjoyed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($377,930 per ton), while the average price for exports to Austria ($93,756 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 Taiwan (Chinese) (+11.6%), 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 Canada

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves imported into Canada surged to 413 tons, picking up by 56% on the year before. In general, imports enjoyed significant growth. As a result, imports attained 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 surged to $42M in 2022. Overall, imports saw prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.810.517.120.912.2%
United States4.84.34.76.510.6%
Thailand0.31.23.96.4177.3%
Vietnam0.60.81.23.274.7%
India0.80.61.01.420.5%
Brazil0.60.40.81.018.6%
Mexico0.10.10.10.10.0%
Hong Kong SAR0.1N/A0.10.10.0%
Others2.82.02.82.1-9.1%
Total24.919.931.641.818.8%

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

  1. China (262.7 tons)
  2. United States (43.4 tons)
  3. Thailand (26.4 tons)
  4. Vietnam (23.7 tons)
  5. Hong Kong SAR (15.5 tons)
  6. India (15.2 tons)
  7. Brazil (7.3 tons)
  8. Mexico (5.0 tons)

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

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves exported from Canada plummeted to 10 tons, waning by -27.7% compared with the year before. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 14 tons, and then dropped notably in the following year.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves surged to $3.6M in 2022. In general, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,7251,2082,0223,38525.2%
Malaysia1.33.09.069.2276.2%
Austria0.10.11.041.1643.5%
Hong Kong SAR28.223.05.829.00.9%
United Kingdom45.23.44.03.5-57.4%
Taiwan (Chinese)5.926.755.3N/A206.2%
Qatar93.088.0113N/A10.2%
Others35025232571.0-41.2%
Total2,2491,6042,5353,59817.0%

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

  1. United States (9.0 tons)
  2. Malaysia (0.4 tons)
  3. Austria (0.4 tons)
  4. Hong Kong SAR (0.2 tons)
  5. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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