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

Contents:

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

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

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $27,993 per ton, waning by -51.2% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of 35%. As a result, the export price reached the peak level of $110,000 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($73,333 per ton), while the average price for exports to Turkey ($12,990 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 Thailand (+18.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $122,105 per ton, shrinking by -26.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 363%. The import price peaked at $646,211 per ton in 2012; however, from 2013 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 Madagascar ($620,000 per ton), while the price for Denmark ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -58.9% to 150 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 362% against the previous year.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined notably to $4.2K in 2022. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 283%.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait0.12.36.42.4188.4%
TurkeyN/AN/AN/A1.30%
Thailand0.70.60.70.2-34.1%
Macao SARN/A3.210.8N/A237.5%
Hong Kong SARN/A3.1N/AN/A0%
ChinaN/AN/A0.7N/A0%
AustraliaN/AN/A1.0N/A0%
Others1.70.31.30.3-43.9%
Total2.59.520.94.218.9%

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

  1. Turkey (99.0 kg)
  2. Kuwait (42.0 kg)
  3. Thailand (3.0 kg)

Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iran

Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Iran surged to 19 kg in 2022, with an increase of 19% on the previous year. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 29%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined to $2.3K in 2022. In general, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. As a result, imports attained the peak of $3K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar650768666620-1.6%
Turkey4615715185063.2%
India25838058647922.9%
United Arab Emirates622615426373-15.7%
Switzerland54.014020599.022.4%
Spain94.010484.074.0-7.7%
China11215610069.0-14.9%
PortugalN/AN/AN/A47.00%
Brazil79.074.051.038.0-21.6%
Germany32.027.017.012.0-27.9%
Denmark11.09.05.03.0-35.2%
Czech Republic106N/AN/AN/A0%
OthersN/A156N/AN/A0%
Total2,4793,0002,6582,320-2.2%

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

  1. United Arab Emirates (5.0 kg)
  2. India (3.0 kg)
  3. Portugal (2.0 kg)
  4. China (2.0 kg)
  5. Brazil (1.0 kg)
  6. Turkey (1.0 kg)
  7. Madagascar (1.0 kg)
  8. Denmark (1.0 kg)
  9. Germany (1.0 kg)
  10. Switzerland (1.0 kg)
  11. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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