Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam (FOB) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam (CIF) - 2022
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam (FOB) - 2022
In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $96,080 per ton, dropping by -39.6% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 38%. The export price peaked at $238,920 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($366,140 per ton), while the average price for exports to China ($19,531 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 Singapore (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam (CIF) - 2022
In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $93,648 per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a mild decline. The pace of growth appeared the most rapid in 2020 an increase of 29%. As a result, import price attained the peak level of $119,836 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 South Korea ($1,189,307 per ton), while the price for China stood at $39,637 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+28.4%).
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam
For the fourth consecutive year, Vietnam recorded growth in shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 345% to 786 tons in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves surged to $76M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 459% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 0.8 | 8.0 | 9.0 | 32.2 | 242.7% |
| United States | 0.7 | 1.8 | 6.8 | 13.2 | 166.2% |
| Singapore | N/A | 1.5 | 2.3 | 7.9 | 129.5% |
| Germany | 0.1 | 0.3 | 0.7 | 7.6 | 323.6% |
| China | 0.2 | 1.3 | 0.1 | 5.3 | 198.1% |
| South Korea | N/A | 0.8 | 1.5 | 2.5 | 76.8% |
| Saudi Arabia | 0.3 | 0.8 | 1.3 | N/A | 108.2% |
| Others | 1.0 | 3.0 | 6.3 | 6.8 | 89.5% |
| Total | 3.1 | 17.5 | 28.1 | 75.5 | 189.9% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Vietnam in 2022:
- China (271.9 tons)
- United States (245.8 tons)
- Austria (87.9 tons)
- Singapore (83.2 tons)
- Germany (62.4 tons)
- South Korea (15.4 tons)
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam
In 2022, approx. 16 tons of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves were imported into Vietnam; surging by 14% compared with 2021. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 110%. Over the period under review, imports of hit record highs 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 surged to $1.5M in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 431 | 305 | 595 | 607 | 12.1% |
| South Korea | 116 | 141 | 246 | 601 | 73.0% |
| Others | 222 | 349 | 449 | 287 | 8.9% |
| Total | 769 | 795 | 1,290 | 1,495 | 24.8% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Vietnam in 2022:
- China (15.3 tons)
- South Korea (0.5 tons)
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