Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka (CIF) - 2022
In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $189,956 per ton, jumping by 3,103% against the previous year. Over the period under review, the import price enjoyed a measured expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($473,667 per ton), while the price for the United Arab Emirates ($15,909 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+700.0%), 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 Sri Lanka (FOB) - 2022
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $7,000 per ton in 2022, waning by -99% against the previous year. Overall, the export price saw a precipitous decrease. The pace of growth appeared the most rapid in 2014 an increase of 90%. The export price peaked at $930,127 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +38.3% per year.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka
In 2022, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Sri Lanka dropped dramatically to 45 kg, waning by -99.7% compared with 2021. Overall, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 12,647%. As a result, imports reached the peak of 17 tons, and then fell significantly in the following year.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves fell sharply to $8.5K in 2022. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 855% against the previous year. As a result, imports attained the peak of $98K, and then dropped notably in the following year.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 17.9 | 4.6 | 16.8 | 6.2 | -29.8% |
| Thailand | 7.1 | 1.1 | 1.4 | 1.4 | -41.8% |
| United Arab Emirates | 5.0 | N/A | 0.2 | 0.3 | -60.9% |
| Canada | N/A | N/A | N/A | 0.1 | 0% |
| Netherlands | N/A | N/A | N/A | 0.1 | 0% |
| Nigeria | N/A | N/A | N/A | 0.1 | 0% |
| China | 0.9 | 0.1 | 62.5 | N/A | 733.3% |
| Poland | N/A | N/A | 0.1 | N/A | 0% |
| Singapore | 2.0 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 4.5 | 17.3 | 0.2 | -60.3% |
| Total | 36.0 | 10.3 | 98.3 | 8.5 | -38.2% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Sri Lanka in 2022:
- United Arab Emirates (22.0 kg)
- Austria (14.0 kg)
- Thailand (3.0 kg)
- Canada (1.0 kg)
- Netherlands (1.0 kg)
- Singapore (1.0 kg)
- Poland (1.0 kg)
- Nigeria (1.0 kg)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka
In 2022, shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -99.9% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 202%. As a result, the exports reached the peak of 2.9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves reduced dramatically to $7 in 2022. In general, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 426%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | N/A | 27.4 | 638 | N/A | 2228.5% |
| United States | 78.5 | 52.8 | 60.4 | N/A | -12.3% |
| United Arab Emirates | N/A | 7.9 | 5.1 | N/A | -35.4% |
| Singapore | 3.3 | 1,878 | N/A | N/A | 56809.1% |
| Taiwan (Chinese) | 237 | 176 | 161 | N/A | -17.6% |
| Maldives | 62.1 | 62.0 | 88.1 | N/A | 19.1% |
| Others | 47.8 | 53.4 | 143 | N/A | 73.0% |
| Total | 429 | 2,257 | 1,095 | N/A | 59.8% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Sri Lanka in 2022:
- Maldives (1.0 kg)
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