China - Synthetic Or Reconstructed Precious Or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSynthetic Gemstones Price in China - 2023
Contents:
- Synthetic Gemstones Price in China (FOB) - 2022
- Synthetic Gemstones Price in China (CIF) - 2022
- Synthetic Gemstones Exports in China
- Synthetic Gemstones Imports in China
Synthetic Gemstones Price in China (FOB) - 2022
The average synthetic gemstones export price stood at $750,164 per ton in 2022, reducing by -55.7% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 199%. As a result, the export price attained the peak level of $1,694 per kg, and then shrank remarkably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2,137,993 per ton), while the average price for exports to Germany ($50,361 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 Thailand (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.
Synthetic Gemstones Price in China (CIF) - 2022
The average synthetic gemstones import price stood at $199,618 per ton in 2022, increasing by 26% against the previous year. In general, the import price recorded a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 101% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
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 the United States ($624,628 per ton), while the price for Russia ($91,872 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Synthetic Gemstones Exports in China
Synthetic gemstones exports from China surged to 195 tons in 2022, increasing by 92% on 2021. In general, exports continue to indicate a buoyant expansion.
In value terms, synthetic gemstones exports shrank significantly to $146M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 118% against the previous year.
Export of Synthetic Gemstones in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5.7 | 7.1 | 8.6 | 46.3 | 101.0% |
India | 2.8 | 2.6 | 3.9 | 16.0 | 78.8% |
Thailand | 3.6 | 2.8 | 3.0 | 8.3 | 32.1% |
United States | 3.5 | 1.8 | 2.1 | 7.6 | 29.5% |
Germany | 0.2 | 0.3 | 1.0 | 2.3 | 125.7% |
South Korea | 0.7 | 0.6 | 0.6 | 2.3 | 48.7% |
Russia | 0.4 | 12.0 | 2.6 | 1.5 | 55.4% |
Hong Kong SAR | 21.6 | N/A | N/A | N/A | 0% |
United Arab Emirates | 4.6 | N/A | N/A | N/A | 0% |
Others | 12.3 | 93.2 | 150 | 62.1 | 71.6% |
Total | 55.4 | 120 | 172 | 146 | 38.1% |
Top Export Markets for Synthetic Gemstones from China in 2022:
- United Arab Emirates (undefined tons)
- Germany (45.2 tons)
- United States (32.4 tons)
- India (26.9 tons)
- South Korea (23.2 tons)
- Japan (21.7 tons)
- Russia (16.0 tons)
- Thailand (10.0 tons)
Synthetic Gemstones Imports in China
In 2022, imports of synthetic or reconstructed precious or semi-precious stones into China amounted to 379 tons, surging by 1.6% on the year before. Over the period under review, imports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, imports reached the peak of 507 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, synthetic gemstones imports soared to $76M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.
Import of Synthetic Gemstones in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 7.3 | 7.1 | 8.8 | 35.0 | 68.6% |
Russia | 11.5 | 24.8 | 7.3 | 21.1 | 22.4% |
South Korea | 0.2 | 0.1 | 8.1 | 0.2 | 0.0% |
Thailand | 0.5 | 0.7 | 0.9 | 0.1 | -41.5% |
Belgium | 9.9 | 21.8 | N/A | N/A | 120.2% |
United States | 34.8 | 17.2 | 19.7 | N/A | -24.8% |
Others | 6.6 | 18.3 | 14.5 | 19.2 | 42.8% |
Total | 70.9 | 89.9 | 59.3 | 75.7 | 2.2% |
Top Suppliers of Synthetic Gemstones to China in 2022:
- United States (undefined tons)
- Russia (230.0 tons)
- Japan (130.8 tons)
- Thailand (4.3 tons)
- South Korea (4.1 tons)
This report provides an in-depth analysis of the synthetic gemstones market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20136800 - Synthetic or reconstructed precious or semi-precious stones, u nworked or simply sawn or roughly shaped
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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