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

Contents:

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

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

The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $104,046 per ton in 2022, dropping by -21.6% against the previous year. In general, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 109% against the previous year. Over the period under review, average import prices reached the peak figure at $194,458 per ton in 2015; however, from 2016 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 Germany ($418,722 per ton), while the price for Brazil ($30,163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), 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 Portugal (FOB) - 2022

In 2022, the average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves amounted to $100,968 per ton, declining by -67.4% against the previous year. Over the period under review, the export price saw a dramatic descent. The pace of growth appeared the most rapid in 2014 an increase of 99%. As a result, the export price attained the peak level of $2,868 per kg. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,841,918 per ton), while the average price for exports to Egypt ($20,720 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 Kuwait (+23.3%), 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 Portugal

Imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves into Portugal soared to 43 tons in 2022, jumping by 16% on the year before. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 233% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves reduced to $4.4M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 179%. As a result, imports reached the peak of $4.9M, and then declined in the following year.

Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy73.81532,1621,523174.3%
Spain3294129071,01245.4%
Germany39530448960515.3%
China23.712.199.9559186.8%
Belgium3.31.70.8232312.7%
Brazil19.544.660.211882.2%
India30.012.96.238.58.7%
Others84.58071,15435060.6%
Total9591,7484,8794,43866.6%

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

  1. Spain (14.3 tons)
  2. Italy (8.6 tons)
  3. China (6.0 tons)
  4. Belgium (5.0 tons)
  5. Brazil (3.9 tons)
  6. Germany (1.4 tons)
  7. India (1.1 tons)

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

For the fourth consecutive year, Portugal recorded growth in shipments abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 101% to 17 tons in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves contracted significantly to $1.7M in 2022. Overall, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 46%. As a result, the exports attained the peak of $2.7M, and then declined remarkably in the following year.

Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,3789721,640915-12.8%
France2691861713064.4%
Italy241172185122-20.3%
Poland47.511.229.552.73.5%
Saudi Arabia54.212.259.151.5-1.7%
Greece72.861.595.731.8-24.1%
Morocco15.221.137.215.30.2%
Mexico22.110.227.314.3-13.5%
Guatemala9.011.114.112.110.4%
Ecuador7.416.515.210.110.9%
Egypt8.39.422.99.65.0%
Kuwait7.48.019.46.1-6.2%
Qatar5.96.114.65.90.0%
Others328326326194-16.1%
Total2,4651,8232,6561,747-10.8%

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

  1. Saudi Arabia (2.5 tons)
  2. France (2.5 tons)
  3. Greece (1.5 tons)
  4. Poland (0.9 tons)
  5. Italy (0.8 tons)
  6. Mexico (0.7 tons)
  7. Morocco (0.7 tons)
  8. Guatemala (0.6 tons)
  9. Egypt (0.5 tons)
  10. Spain (0.5 tons)
  11. Ecuador (0.5 tons)
  12. Kuwait (0.3 tons)
  13. Qatar (0.3 tons)

Source: IndexBox Market Intelligence Platform

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