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

Contents:

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

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $128,903 per ton, shrinking by -51.7% against the previous year. Over the period under review, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31%. Over the period under review, average import prices reached the maximum at $317,602 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 Peru ($734,714 per ton), while the price for Panama ($12,663 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+16.8%), 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 Venezuela (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $562,000 per ton, increasing by 8.8% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 96%. As a result, the export price reached the peak level of $1,644 per kg. From 2015 to 2022, the average 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 the United States ($788,000 per ton), while the average price for exports to Spain totaled $336,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+44.4%), 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 Venezuela

In 2022, purchases abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -30% to 565 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 807 kg, and then shrank remarkably in the following year.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves shrank sharply to $73K in 2022. Overall, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 18%.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14917720044.3-33.3%
Peru2.50.85.610.360.3%
Panama1.92.12.34.735.2%
China0.71.01.43.672.6%
Mexico2.21.81.52.31.5%
Others3.75.14.07.727.7%
Total15918721572.8-22.9%

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

  1. Panama (371.0 kg)
  2. China (83.0 kg)
  3. United States (81.0 kg)
  4. Peru (14.0 kg)
  5. Mexico (11.0 kg)

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

In 2022, overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves decreased by -80% to 2 kg, falling for the second year in a row after two years of growth. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 146% against the previous year. As a result, the exports reached the peak of 69 kg. 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 declined notably to $1.1K in 2022. Over the period under review, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 161% against the previous year. As a result, the exports reached the peak of $24K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.218.13.80.8-51.9%
Spain1.85.51.40.3-45.0%
Canada0.1N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total9.123.75.21.1-50.6%

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

  1. United States (1.0 kg)
  2. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles of - Venezuela