Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania (FOB) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania (CIF) - 2022
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania (FOB) - 2022
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $128,055 per ton in 2022, surging by 93% against the previous year. In general, the export price saw a noticeable expansion. The export price peaked at $287,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($152,291 per ton), while the average price for exports to Hong Kong SAR totaled $26,809 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+117.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $13,646 per ton in 2022, shrinking by -43.4% against the previous year. Overall, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2014 an increase of 508%. As a result, import price attained the peak level of $125,247 per ton. From 2015 to 2022, the average 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 South Africa ($26,333 per ton), while the price for the UK ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the prices for the other major suppliers experienced a decline.
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania
Exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Tanzania skyrocketed to 1.6 tons in 2022, with an increase of 34% against the year before. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 208% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves soared to $202K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | N/A | 0.8 | 193 | 888.2% |
| Hong Kong SAR | N/A | N/A | 18.0 | 8.2 | -54.4% |
| Switzerland | 2.1 | N/A | 26.0 | N/A | 251.9% |
| Austria | 4.3 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 17.4 | N/A | 0% |
| Singapore | 5.7 | 48.5 | N/A | N/A | 750.9% |
| United States | 12.1 | 0.1 | 13.8 | N/A | 6.8% |
| Others | 5.9 | N/A | 2.1 | N/A | -40.3% |
| Total | 30.3 | 48.6 | 78.1 | 202 | 88.2% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Tanzania in 2022:
- China (1270.0 kg)
- Hong Kong SAR (304.0 kg)
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Tanzania
In 2022, overseas purchases of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves increased by 1,200% to 2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant 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 $27K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached 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 Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 4.2 | 0.9 | 22.4 | 130.9% |
| United States | N/A | 0.1 | N/A | 0.7 | 164.6% |
| South Africa | N/A | 5.1 | 1.7 | 0.5 | -68.7% |
| United Kingdom | 6.8 | 0.1 | N/A | N/A | -98.5% |
| Turkey | 1.0 | N/A | N/A | N/A | 0% |
| Others | 2.9 | N/A | 1.1 | 3.5 | 6.5% |
| Total | 10.7 | 9.5 | 3.7 | 27.1 | 36.3% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Tanzania in 2022:
- China (1891.0 kg)
- United States (53.0 kg)
- South Africa (18.0 kg)
- United Kingdom (1.0 kg)
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