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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $650,838 per ton in 2022, with a decrease of -70.5% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 106% against the previous year. The import price peaked at $11,942,429 per ton in 2017; however, from 2018 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 Arab Emirates ($10,513,500 per ton), while the price for Germany ($112,191 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $109,927 per ton, reducing by -55.8% against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2021 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices attained the peak figure at $329,160 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($441,500 per ton), while the average price for exports to Canada ($17,000 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 Qatar (+21.2%), 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 Oman

In 2022, approx. 247 kg of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into Oman; jumping by 187% on the previous year. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,531%. As a result, imports reached the peak of 472 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves fell markedly to $161K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 919%. As a result, imports reached the peak of $835K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Germany (115.0 kg)
2. United States (67.0 kg)
3. United Kingdom (24.0 kg)
4. Qatar (21.0 kg)
5. France (18.0 kg)
6. United Arab Emirates (2.0 kg)

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

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves exported from Oman skyrocketed to 55 kg, jumping by 323% against the previous year. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,360% against the previous year. As a result, the exports attained the peak of 146 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves surged to $6K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,106%. As a result, the exports attained the peak of $20K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United Arab Emirates (18.0 kg)
2. Thailand (16.0 kg)
3. United States (11.0 kg)
4. Bahrain (7.0 kg)
5. China (2.0 kg)
6. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform