Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand - 2024
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand (FOB) - 2024
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand (CIF) - 2022
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand (FOB) - 2024
In November 2023, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $272K per ton, picking up by 6.8% against the previous month. In general, the export price, however, recorded a slight decrease. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 17% against the previous month. The export price peaked at $319K per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was China ($384K per ton), while the average price for exports to Singapore ($241K per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.1%), 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 Thailand (CIF) - 2022
In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $214,213 per ton, picking up by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2016 an increase of 54%. As a result, import price attained the peak level of $254,471 per ton. From 2017 to 2022, the average 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 France ($1,849,623 per ton), while the price for Pakistan ($10,816 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+33.9%), 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 Thailand
In 2022, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Thailand surged to 569 tons, jumping by 19% compared with the year before. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 748% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves surged to $123M in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 181% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Liechtenstein | N/A | 23.8 | 44.7 | 53.2 | 49.5% |
| United States | 2.6 | 3.7 | 14.0 | 27.3 | 119.0% |
| Singapore | 0.4 | 5.4 | 14.3 | 23.0 | 286.0% |
| Belgium | N/A | N/A | N/A | 8.5 | 0% |
| China | 0.1 | 6.1 | 13.1 | 7.3 | 317.9% |
| Others | 11.7 | 2.7 | 1.8 | 3.2 | -35.1% |
| Total | 14.8 | 41.6 | 87.8 | 123 | 102.6% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Thailand in 2022:
- Liechtenstein (266.1 tons)
- United States (113.8 tons)
- Singapore (88.9 tons)
- Belgium (61.5 tons)
- China (33.1 tons)
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand
After two years of decline, purchases abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves increased by 155% to 36 tons in 2022. Overall, imports, however, showed a sharp decline.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $7.8M in 2022. In general, imports, however, continue to indicate a abrupt curtailment.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9,792 | 2,009 | 528 | 2,375 | -37.6% |
| France | 67.3 | 40.5 | 98.1 | 951 | 141.8% |
| India | 2,083 | 1,134 | 251 | 817 | -26.8% |
| Vietnam | N/A | 202 | 117 | 519 | 60.3% |
| Hong Kong SAR | 445 | 280 | 390 | 387 | -4.5% |
| United Arab Emirates | 1,100 | 1.4 | 0.1 | 96.2 | -55.6% |
| Afghanistan | 6.2 | 7.1 | 10.4 | 9.8 | 16.5% |
| Pakistan | 3.7 | 4.4 | 5.8 | 6.5 | 20.7% |
| Others | 704 | 1,151 | 1,299 | 2,592 | 54.4% |
| Total | 14,201 | 4,830 | 2,699 | 7,753 | -18.3% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Thailand in 2022:
- China (19.7 tons)
- India (2.1 tons)
- United Arab Emirates (1.7 tons)
- Vietnam (1.6 tons)
- Hong Kong SAR (1.2 tons)
- Afghanistan (0.6 tons)
- Pakistan (0.6 tons)
- France (0.5 tons)
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