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

Contents:

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

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

The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $63,193 per ton in 2022, dropping by -16.5% against the previous year. Overall, the export price continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 582%. As a result, the export price attained the peak level of $3,386 per kg. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($468,000 per ton), while the average price for exports to Norway ($1,949 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 Finland (+32.5%), 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 Estonia (CIF) - 2022

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $88,654 per ton, rising by 120% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $186,235 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($524,364 per ton), while the price for India ($18,111 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+25.6%), 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 Estonia

In 2022, after three years of growth, there was significant decline in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, when their volume decreased by -26.3% to 2.4 tons. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 231%.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined rapidly to $153K in 2022. Overall, exports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2020 when exports increased by 193%. As a result, the exports reached the peak of $413K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A63.30%
United StatesN/AN/AN/A31.70%
Sweden28.039.740.021.9-7.9%
Lithuania4.48.614.312.943.1%
Finland13.352.557.09.3-11.2%
Romania4.912.42.56.912.1%
NorwayN/AN/AN/A0.40%
Others90.63001346.1-59.3%
Total1414132481532.8%

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

  1. Sweden (1197.0 kg)
  2. United States (345.0 kg)
  3. Lithuania (243.0 kg)
  4. Norway (195.0 kg)
  5. Ireland (181.0 kg)
  6. Finland (93.0 kg)
  7. Romania (82.0 kg)

Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Estonia

In 2022, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Estonia dropped rapidly to 1.5 tons, which is down by -58.7% on 2021 figures. In general, imports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of 3.6 tons, and then shrank markedly in the following year.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined to $130K in 2022. Over the period under review, imports saw a deep setback. The smallest decline of -5.4% was in 2020.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10355.740.737.3-28.7%
TurkeyN/AN/A8.629.6244.2%
Germany0.23.320.517.3342.3%
Hong Kong SAR15.71.27.77.8-20.8%
LithuaniaN/A3.28.65.834.6%
IndonesiaN/AN/A0.84.8500.0%
Thailand4.70.20.34.3-2.9%
SpainN/AN/A0.52.7440.0%
India19.78.341.80.3-75.2%
AustriaN/A54.21.0N/A-98.2%
Others21.429.712.820.3-1.7%
Total165156143130-7.6%

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

  1. China (948.0 kg)
  2. Turkey (156.0 kg)
  3. Hong Kong SAR (64.0 kg)
  4. Indonesia (53.0 kg)
  5. Thailand (42.0 kg)
  6. Germany (33.0 kg)
  7. Lithuania (29.0 kg)
  8. Spain (22.0 kg)
  9. India (18.0 kg)

Source: IndexBox Market Intelligence Platform

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