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

Contents:

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

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

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $909,514 per ton in 2022, shrinking by -22.2% against the previous year. In general, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2020 an increase of 526% against the previous year. As a result, the export price reached the peak level of $5,913 per kg. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($905,563 per ton), while the average price for exports to Switzerland totaled $741,900 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-3.1%), 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 Serbia (CIF) - 2022

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $373,929 per ton in 2022, falling by -10.7% against the previous year. In general, the import price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 140%. Over the period under review, average import prices hit record highs at $418,669 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1,946,294 per ton), while the price for the Czech Republic ($16,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+98.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves exported from Serbia soared to 481 kg, picking up by 92% on 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,216%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $437K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 213% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. China (464.0 kg)
2. Switzerland (10.0 kg)
3. Croatia (2.0 kg)

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

For the fourth consecutive year, Serbia recorded growth in purchases abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 7.7% to 1.2 tons in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 120% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves reduced slightly to $433K in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 190%.

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

1. Thailand (396.0 kg)
2. China (360.0 kg)
3. Brazil (190.0 kg)
4. Spain (78.0 kg)
5. India (64.0 kg)
6. Vietnam (34.0 kg)
7. Czech Republic (24.0 kg)

Source: IndexBox Market Intelligence Platform