Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Guatemala - 2023

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $32,045 per ton in 2022, standing approx. at the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -9.4% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $35,358 per ton in 2019; however, from 2020 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 Hong Kong SAR ($66,877 per ton), while the price for the United States ($19,677 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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $16,069 per ton in 2022, with an increase of 7.3% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The pace of growth was the most pronounced in 2014 an increase of 83%. The export price peaked at $24,392 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($38,423 per ton), while the average price for exports to Honduras ($4,100 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 Costa Rica (+7.9%), 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 Guatemala

In 2022, after three years of growth, there was significant decline in supplies from abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, when their volume decreased by -17.7% to 6.2 tons. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. As a result, imports reached the peak of 7.5 tons, and then shrank markedly in the following year.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined significantly to $199K in 2022. Overall, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 when imports increased by 95% against the previous year. As a result, imports attained the peak of $243K, and then shrank remarkably in the following year.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54.561.317912732.6%
United States35.638.439.838.72.8%
Hong Kong SAR1.48.91.97.171.8%
Mexico1.0N/A0.52.739.2%
South Korea3.22.32.9N/A-4.8%
Spain13.62.210.4N/A-12.6%
Portugal5.810.92.9N/A-29.3%
Others4.10.75.023.980.0%
Total11912524319918.7%

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

  1. China (3.8 tons)
  2. United States (2.0 tons)
  3. Mexico (0.1 tons)
  4. Hong Kong SAR (0.1 tons)

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

In 2022, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Guatemala soared to 3.9 tons, surging by 39% on the previous year. Over the period under review, exports, however, recorded a precipitous contraction.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $63K in 2022. Overall, exports, however, recorded a dramatic setback.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33.934.939.450.914.5%
Spain3.90.10.33.90.0%
New Zealand0.2N/A0.82.7138.1%
Costa Rica0.3N/AN/A2.294.3%
Canada64.47.90.71.2-73.5%
HondurasN/AN/AN/A0.30%
Japan3.5N/AN/AN/A0%
Hong Kong SAR0.7N/AN/AN/A0%
China60.8N/AN/AN/A0%
Taiwan (Chinese)5.1N/AN/AN/A0%
Others16.19.41.01.9-50.9%
Total18952.342.263.2-30.6%

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

  1. United States (3115.0 kg)
  2. Costa Rica (356.0 kg)
  3. Spain (222.0 kg)
  4. New Zealand (71.0 kg)
  5. Honduras (70.0 kg)
  6. Canada (45.0 kg)

Source: IndexBox Market Intelligence Platform

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