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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $84,731 per ton in 2022, reducing by -33.2% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 16%. The import price peaked at $533,838 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +85.7% per year.

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

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $22,780 per ton in 2022, shrinking by -67.7% against the previous year. Overall, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 139% against the previous year. The export price peaked at $70,589 per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($82,175 per ton), while the average price for exports to France ($6,385 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 Poland (+19.6%), 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 Egypt

After three years of growth, purchases abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -99% to 26 kg in 2022. Over the period under review, imports showed a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 631%. As a result, imports reached the peak of 2.6 tons, and then dropped rapidly in the following year.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves dropped significantly to $2.2K in 2022. In general, imports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 389% against the previous year. As a result, imports attained the peak of $333K, and then shrank dramatically in the following year.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A6.7N/A1.9-46.7%
China3.91.6229N/A666.3%
Germany36.532.074.6N/A43.0%
Portugal8.39.122.9N/A66.1%
Others3.818.76.90.3-57.1%
Total52.568.13332.2-65.3%

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

  1. India (26.0 kg)

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

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 265% to 409 kg. Overall, exports, however, saw a dramatic descent.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $9.3K in 2022. In general, exports, however, showed a significant decline.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.33.51066.7%
KuwaitN/A0.2N/A3.3306.2%
FranceN/AN/AN/A1.50%
Canada0.2N/A0.10.20.0%
Netherlands9.77.8N/A0.2-72.6%
Japan182N/AN/AN/A0%
Greece15.91.5N/AN/A-90.6%
United States15.0N/A0.6N/A-80.0%
Others0.71.16.90.70.0%
Total22310.77.99.3-65.3%

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

  1. France (231.0 kg)
  2. United Kingdom (120.0 kg)
  3. Kuwait (40.0 kg)
  4. Canada (8.0 kg)
  5. Netherlands (4.0 kg)

Source: IndexBox Market Intelligence Platform

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