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

Contents:

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

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

In 2022, the average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $563,048 per ton, shrinking by -27.2% against the previous year. Over the period under review, the import price, however, posted a significant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 230% against the previous year. The import price peaked at $773,559 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,928,074 per ton), while the price for Brazil ($29,352 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+102.8%), 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 Bulgaria (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $6,200,086 per ton, rising by 184% against the previous year. Overall, the export price recorded significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 221% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($9,654,727 per ton), while the average price for exports to the Czech Republic ($302,760 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 France (+225.3%), 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 Bulgaria

Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Bulgaria skyrocketed to 4.1 tons in 2022, with an increase of 115% compared with the previous year's figure. Overall, imports enjoyed a buoyant expansion. As a result, imports attained 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 $2.3M in 2022. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 219%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1334487561,095101.9%
AustriaN/A40744080640.7%
Germany60.756.615719347.0%
Hungary1.70.48.256.5221.5%
Hong Kong SAR14.624.610.643.043.3%
Brazil13.319.11.322.218.6%
China12.9N/A10.121.618.7%
United KingdomN/A1308.418.9-61.9%
Others11943.910178.9-12.8%
Total3551,1301,4932,33487.3%

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

  1. Brazil (755.0 kg)
  2. Hong Kong SAR (701.0 kg)
  3. Italy (568.0 kg)
  4. Hungary (520.0 kg)
  5. Austria (431.0 kg)
  6. Germany (430.0 kg)
  7. China (308.0 kg)
  8. United Kingdom (233.0 kg)

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

For the third consecutive year, Bulgaria recorded decline in overseas shipments of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which decreased by -54.9% to 105 kg in 2022. Overall, exports recorded a dramatic contraction. The smallest decline of -15.2% was in 2020.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $651K in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 97% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany79.122824252888.3%
France133141103106-7.3%
Czech RepublicN/A0.32.47.6403.3%
RomaniaN/A7.82.61.5-56.1%
North Macedonia0.9N/A0.31.210.1%
Italy16.778.6160N/A209.5%
Others1.1N/AN/A6.278.0%
Total23145550965141.3%

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

  1. Germany (58.0 kg)
  2. Czech Republic (25.0 kg)
  3. France (11.0 kg)
  4. Romania (4.0 kg)
  5. North Macedonia (3.0 kg)

Source: IndexBox Market Intelligence Platform

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