Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel - 2022
Contents:
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel (CIF) - 2022
- Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel (FOB) - 2022
- Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel
- Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel
Price for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel (CIF) - 2022
The average import price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $132,930 per ton in 2022, with a decrease of -23.9% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +40.2% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 68% against the previous year. As a result, import price attained the peak level of $174,719 per ton, and then contracted markedly in the following year.
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 Switzerland ($2,248,451 per ton), while the price for Brazil ($14,103 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+22.0%), 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 Israel (FOB) - 2022
The average export price for stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves stood at $450,920 per ton in 2022, jumping by 92% against the previous year. Overall, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($815,789 per ton), while the average price for exports to India ($103,030 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 Spain (+13.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel
For the fourth year in a row, Israel recorded growth in purchases abroad of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves, which increased by 35% to 42 tons in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 128% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves expanded modestly to $5.6M in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 151%. 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 Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 11.1 | 1,560 | 2,084 | 3,267 | 565.2% |
| Spain | 21.5 | 35.6 | 5.3 | 505 | 186.4% |
| China | 294 | 216 | 250 | 347 | 5.7% |
| Austria | 0.5 | 360 | 70.1 | 338 | 777.6% |
| United States | 229 | 172 | 214 | 229 | 0.0% |
| India | 15.8 | 15.4 | 35.9 | 68.0 | 62.7% |
| Brazil | 10.2 | 14.4 | 33.3 | 21.0 | 27.2% |
| Thailand | 183 | 2.9 | 767 | 11.0 | -60.8% |
| Vietnam | N/A | N/A | 351 | N/A | 0% |
| Others | 332 | 380 | 1,651 | 823 | 35.3% |
| Total | 1,098 | 2,756 | 5,461 | 5,609 | 72.2% |
Top Suppliers of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of to Israel in 2022:
- Austria (21.9 tons)
- China (12.4 tons)
- India (1.7 tons)
- Brazil (1.5 tons)
- Switzerland (1.5 tons)
- United States (0.9 tons)
- Spain (0.8 tons)
- Thailand (0.1 tons)
Exports of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel
In 2022, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves from Israel dropped notably to 326 kg, waning by -56% against 2021. In general, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 159%.
In value terms, exports of stones; precious or semi-precious stones (natural, synthetic or reconstructed) articles oves declined markedly to $147K in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year.
| Export of Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.7 | 1.0 | 2.7 | 124 | 133.8% |
| India | 3.1 | 0.8 | 0.8 | 17.0 | 76.3% |
| Hong Kong SAR | 1.8 | 0.4 | 0.4 | 6.0 | 49.4% |
| South Korea | 48.4 | 13.5 | 38.2 | N/A | -11.2% |
| Japan | 29.8 | 3.5 | 4.0 | N/A | -63.4% |
| Belgium | 4.6 | 2.6 | 1.1 | N/A | -51.1% |
| China | 33.0 | 23.8 | 61.0 | N/A | 36.0% |
| Singapore | 21.2 | 9.4 | 45.4 | N/A | 46.3% |
| Taiwan (Chinese) | 32.5 | N/A | 14.3 | N/A | -33.7% |
| Others | 13.1 | 5.9 | 6.1 | N/A | -31.8% |
| Total | 197 | 61.0 | 174 | 147 | -9.3% |
Top Export Markets for Stones; Precious or Semi-Precious Stones (Natural, Synthetic or Reconstructed) Articles of from Israel in 2022:
- India (165.0 kg)
- United States (152.0 kg)
- Hong Kong SAR (9.0 kg)
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