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

Contents:

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

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $356,454 per ton, falling by -23.7% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2013 an increase of 139% against the previous year. Over the period under review, average import prices hit record highs at $888,842 per ton in 2018; however, from 2019 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 Switzerland ($3,492,976 per ton), while the price for Brazil ($22,480 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), 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 Sweden (FOB) - 2022

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $1,785,035 per ton in 2022, increasing by 71% against the previous year. Over the period under review, the export price showed a resilient expansion. The export price peaked at $2,027,216 per ton in 2020; however, from 2021 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 Denmark ($15,127,071 per ton), while the average price for exports to the United Arab Emirates ($419,760 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 Denmark (+43.8%), 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 Sweden

For the fourth consecutive year, Sweden recorded growth in supplies from abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 27% to 11 tons in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 98%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves shrank to $4M in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of $4.1M, and then dropped in the following year.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland9281,0521,103856-2.7%
China15829446858454.6%
United States20333563052136.9%
Thailand11819926833241.2%
Hong Kong SAR49.711014323066.6%
United Kingdom8.40.8270222197.9%
Turkey6.70.210.5147180.0%
Norway36.753.895.099.439.4%
India27174.141490.9-30.5%
Germany56.515911690.717.1%
Brazil36.464.634.469.123.8%
Others15834956173867.2%
Total2,0302,6914,1143,98025.2%

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

  1. Brazil (3073.0 kg)
  2. China (3039.0 kg)
  3. Hong Kong SAR (2052.0 kg)
  4. Norway (527.0 kg)
  5. United Kingdom (471.0 kg)
  6. United States (319.0 kg)
  7. Turkey (280.0 kg)
  8. Switzerland (245.0 kg)
  9. India (214.0 kg)
  10. Germany (171.0 kg)
  11. Thailand (170.0 kg)

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

Exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Sweden declined to 1.5 tons in 2022, dropping by -4.9% on the previous year. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. As a result, the exports attained the peak of 1.6 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 skyrocketed to $2.7M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +74.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4583674.965912.9%
Netherlands14224236630328.7%
Norway738232314218-33.4%
Finland1791551472125.8%
Germany81.058.889.519133.1%
Australia0.34.93.2172730.7%
United Kingdom19.024.7158169107.2%
TurkeyN/A0.23.41412555.2%
Austria13.351.459.382.283.5%
SlovakiaN/AN/AN/A55.20%
Poland0.821.246.051.9301.8%
United Arab Emirates33.81.31.010.5-32.3%
Others484408488466-1.3%
Total2,1491,5671,6802,7298.3%

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

  1. Switzerland (257.0 kg)
  2. Turkey (243.0 kg)
  3. Netherlands (237.0 kg)
  4. Norway (205.0 kg)
  5. United Kingdom (131.0 kg)
  6. Australia (129.0 kg)
  7. Slovakia (65.0 kg)
  8. Germany (48.0 kg)
  9. Poland (36.0 kg)
  10. Finland (28.0 kg)
  11. United Arab Emirates (25.0 kg)
  12. Austria (25.0 kg)

Source: IndexBox Market Intelligence Platform

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