Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore - 2023
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore (FOB) - 2023
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $90,560 per ton in 2022, waning by -8.7% against the previous year. In general, the import price saw a mild setback. The most prominent rate of growth was recorded in 2018 an increase of 65%. The import price peaked at $157,129 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($159,468 per ton), while the price for Brazil ($15,764 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+24.8%), 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 Singapore (FOB) - 2023
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $682K per ton in September 2022, surging by 13% against the previous month. In general, the export price, however, recorded a precipitous contraction. Over the period under review, the average export prices reached the maximum at $2.0M per ton in June 2022; however, from July 2022 to September 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($1.1M per ton), while the average price for exports to Austria ($165K per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (0.0%), 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 Singapore
In 2022, the amount of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves imported into Singapore soared to 905 tons, growing by 76% on 2021 figures. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 624% against the previous year. As a result, imports reached the peak of 909 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves skyrocketed to $82M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 467%. As a result, imports attained the peak of $112M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.3 | 5.8 | 22.2 | 36.8 | 396.9% |
| Hong Kong SAR | 6.4 | 0.9 | 1.3 | 19.0 | 43.7% |
| Vietnam | N/A | 2.1 | 3.2 | 8.2 | 97.6% |
| China | 1.0 | 1.6 | 5.2 | 5.5 | 76.5% |
| United States | 1.5 | 3.5 | 4.3 | 4.1 | 39.8% |
| Brazil | N/A | 1.9 | 0.3 | 0.3 | -60.3% |
| Mozambique | N/A | 10.2 | N/A | N/A | 0% |
| Others | 10.5 | 86.0 | 14.4 | 8.1 | -8.3% |
| Total | 19.7 | 112 | 50.9 | 82.0 | 60.9% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Singapore in 2022:
- Thailand (600.3 tons)
- Hong Kong SAR (122.2 tons)
- China (55.6 tons)
- Vietnam (51.3 tons)
- United States (35.3 tons)
- Brazil (17.9 tons)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore
Exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Singapore soared to 408 tons in 2022, with an increase of 17% on the year before. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 742% against the previous year. As a result, the exports reached the peak of 563 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $81M in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 912%. As a result, the exports attained the peak of $136M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 10.7 | 12.2 | 2.6 | 19.5 | 22.1% |
| Australia | 0.2 | 9.7 | 9.5 | 14.1 | 313.1% |
| China | N/A | 25.9 | 11.9 | 8.8 | -41.7% |
| Taiwan (Chinese) | 0.1 | 5.1 | 4.7 | 7.5 | 321.7% |
| Japan | 0.3 | 0.4 | 0.3 | 6.8 | 183.0% |
| South Korea | N/A | 4.7 | 6.2 | 5.7 | 10.1% |
| France | N/A | 70.9 | 26.9 | 4.4 | -75.1% |
| India | N/A | 1.2 | 2.4 | 4.2 | 87.1% |
| Thailand | N/A | 1.2 | 0.9 | 2.7 | 50.0% |
| United States | 0.6 | 1.4 | 2.5 | 1.8 | 44.2% |
| New Zealand | N/A | 0.7 | 0.5 | 0.6 | -7.4% |
| Sri Lanka | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Others | 1.5 | 2.8 | 2.1 | 4.7 | 46.3% |
| Total | 13.5 | 136 | 70.6 | 81.3 | 81.9% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Singapore in 2022:
- Taiwan (Chinese) (161.1 tons)
- Australia (45.5 tons)
- Sri Lanka (26.5 tons)
- South Korea (24.9 tons)
- United States (24.8 tons)
- Hong Kong SAR (22.5 tons)
- India (19.7 tons)
- France (15.6 tons)
- China (12.0 tons)
- Thailand (11.4 tons)
- Japan (9.4 tons)
- New Zealand (8.2 tons)
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