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

Contents:

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

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $92,701 per ton, jumping by 25% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves increased by +39.5% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure at $112,358 per ton in 2018; however, from 2019 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 Italy ($186,856 per ton), while the price for Brazil ($17,044 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+4.8%), 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 Greece (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $45,862 per ton, waning by -44% against the previous year. In general, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 116%. The export price peaked at $265,686 per ton in 2012; however, from 2013 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 France ($175,867 per ton), while the average price for exports to Romania ($9,857 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 Cyprus (-1.3%), while the prices for the other major destinations experienced a decline.

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

Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Greece rose remarkably to 63 tons in 2022, surging by 11% against 2021 figures. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $5.8M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria33.31,5452,0162,209304.8%
China1,3677451,1751,177-4.9%
Italy1,176385258739-14.3%
Hong Kong SAR35790.3153280-7.8%
Cyprus25.510.816.816486.0%
Spain172118148138-7.1%
Brazil39.429.50.739.70.3%
Others4107254341,08838.4%
Total3,5813,6484,2015,83517.7%

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

  1. China (23.7 tons)
  2. Austria (22.6 tons)
  3. Italy (4.0 tons)
  4. Hong Kong SAR (2.9 tons)
  5. Brazil (2.3 tons)
  6. Spain (1.8 tons)
  7. Cyprus (1.6 tons)

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

In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves exported from Greece soared to 37 tons, growing by 150% on 2021 figures. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 228% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $1.7M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 364%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus1841404171,06979.8%
Romania0.2N/A39.3168843.5%
United States10.31.24.297.2111.3%
France26.248.338673.941.3%
Italy36.436.424571.125.0%
PolandN/A0.111.014.11087.4%
United Kingdom56.12.00.23.0-62.3%
Others30.733.611220688.6%
Total3442621,2141,70270.4%

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

  1. Romania (17.1 tons)
  2. Cyprus (16.1 tons)
  3. United States (0.9 tons)
  4. Poland (0.7 tons)
  5. Italy (0.5 tons)
  6. France (0.4 tons)
  7. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

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