Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia (CIF) - 2022
In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $34,075 per ton, with a decrease of -26.1% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $148,884 per ton in 2012; however, from 2013 to 2022, 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 the United States ($73,000 per ton), while the price for China totaled $33,748 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-6.7%), 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 Ethiopia (FOB) - 2022
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $7,611 per ton in 2022, dropping by -18.1% against the previous year. In general, the export price saw a precipitous descent. The pace of growth appeared the most rapid in 2019 an increase of 139% against the previous year. The export price peaked at $104,457 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($19,167 per ton), while the average price for exports to Nigeria ($500 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 China (+10.9%), while the prices for the other major destinations experienced a decline.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia
In 2022, supplies from abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -76.5% to 120 kg, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 5.9%. As a result, imports attained the peak of 591 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves contracted sharply to $4.1K in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -8.3% was in 2020.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 3.2 | 10.5 | 4.0 | 64.4% |
| United States | 2.8 | 1.3 | 0.2 | 0.1 | -67.1% |
| Kenya | N/A | N/A | 0.2 | N/A | 0% |
| Germany | 4.7 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 3.3 | N/A | N/A | N/A | 0% |
| Italy | 34.7 | 38.5 | 12.5 | N/A | -40.0% |
| Others | 0.6 | N/A | 0.1 | N/A | -59.2% |
| Total | 46.9 | 43.0 | 23.6 | 4.1 | -55.6% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Ethiopia in 2022:
- China (119.0 kg)
- United States (1.0 kg)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia
In 2022, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Ethiopia expanded significantly to 18 kg, increasing by 5.9% compared with the previous year. In general, exports, however, showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 149%. As a result, the exports attained the peak of 759 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves reduced to $137 in 2022. Overall, exports, however, continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 99% against the previous year. As a result, the exports reached the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11,836 | 22,722 | 140 | 115 | -78.7% |
| Singapore | 470 | 1,725 | 9.0 | 6.0 | -76.6% |
| United States | 47.0 | 43.0 | 1.0 | 4.0 | -56.0% |
| Germany | 59.0 | 97.0 | 1.0 | 4.0 | -59.2% |
| Canada | 33.0 | 45.0 | 1.0 | 1.0 | -68.8% |
| Netherlands | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Portugal | N/A | N/A | N/A | 1.0 | 0% |
| Denmark | N/A | N/A | N/A | 1.0 | 0% |
| France | 13.0 | 17.0 | 1.0 | 1.0 | -57.5% |
| Belgium | 4.0 | 3.0 | 1.0 | 1.0 | -37.0% |
| Nigeria | N/A | 164 | N/A | 1.0 | -92.2% |
| Cote d'Ivoire | N/A | N/A | 1.0 | 1.0 | 0.0% |
| Others | 39.0 | 1.0 | 2.0 | N/A | -77.4% |
| Total | 12,502 | 24,818 | 158 | 137 | -77.8% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Ethiopia in 2022:
- China (6.0 kg)
- Nigeria (2.0 kg)
- Canada (1.0 kg)
- Netherlands (1.0 kg)
- Portugal (1.0 kg)
- Singapore (1.0 kg)
- Denmark (1.0 kg)
- France (1.0 kg)
- United States (1.0 kg)
- Belgium (1.0 kg)
- Germany (1.0 kg)
- Cote d'Ivoire (1.0 kg)
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