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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $90,741 per ton in 2022, which is down by -15.5% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 -29.2% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 73% against the previous year. The import price peaked at $128,229 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($786,000 per ton), while the price for Brazil ($12,189 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 (+15.1%), 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 Spain (FOB) - 2022

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $64,802 per ton in 2022, declining by -10.5% against the previous year. In general, the export price saw a pronounced slump. The growth pace was the most rapid in 2016 when the average export price increased by 36%. Over the period under review, the average export prices reached the peak figure at $105,373 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Mexico ($182,930 per ton), while the average price for exports to Armenia ($12,211 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 the Netherlands (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Spain recorded growth in purchases abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 18% to 191 tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% 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 near future.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves fell to $17M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, imports attained the peak of $17M, leveling off in the following year.

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

1. China (78.0 tons)
2. Brazil (30.6 tons)
3. Germany (23.0 tons)
4. India (20.6 tons)
5. Portugal (10.2 tons)
6. Belgium (8.1 tons)
7. Italy (4.9 tons)
8. Hong Kong SAR (3.8 tons)
9. United States (0.5 tons)

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

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves exported from Spain shrank slightly to 74 tons, falling by -3.1% on the previous year's figure. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. As a result, the exports attained the peak of 76 tons, and then shrank modestly in the following year.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined to $4.8M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $5.5M, and then dropped in the following year.

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

1. Portugal (13.2 tons)
2. Italy (11.3 tons)
3. France (7.3 tons)
4. Poland (4.4 tons)
5. Armenia (4.3 tons)
6. Turkey (2.7 tons)
7. Mexico (2.4 tons)
8. Greece (2.3 tons)
9. Germany (2.3 tons)
10. Belgium (2.3 tons)
11. United States (2.1 tons)
12. Netherlands (2.1 tons)
13. United Kingdom (2.0 tons)

Source: IndexBox Market Intelligence Platform