A significant finding in Italy"s gemstone sector is the persistent increase in imports of ores and metals, which reached 5. 12% of total merchandise imports in 2022. This trend, coupled with a steady demand for high-value gemstones like diamonds and emeralds, presents a compelling opportunity for suppliers and exporters in the gemstone industry to expand their reach in Italy. Despite the global fluctuations in economic activity, Italy"s gross savings as a percentage of GDP slightly decreased from 23. 15% in 2021 to 21. 22% in 2022. This could signal a shift in consumer behavior towards investing in tangible assets like gemstones, which historically retain value and offer long-term returns. Interestingly, the GDP growth in 2022 was 4.

66%, suggesting a robust recovery that could bolster demand for luxury items, including unique gemstones such as Charoite and Turquoise. However, the gemstone market in Italy faces challenges, notably from the increasing energy intensity level of primary energy, which was 2. 3 MJ/$2017 PPP GDP in 2022. This factor could impact production costs for local gemstone processors, making it essential for businesses to optimize operations and explore sustainable energy alternatives. Looking globally, Italy"s performance in the gemstone market is promising; nevertheless, the country trails behind other European nations in export capacity due to its current account balance, which saw a negative adjustment This presents a strategic opportunity for exporters to enhance Italy’s position by leveraging direct communication and global sales assistance. To address these trade challenges and streamline operations, businesses could benefit from platforms like Aritral, an AI-driven B2B solution that simplifies international trade in commodities and raw materials. Aritral offers services such as Product Listing, Direct Communication, and AI-Powered Marketing, which can significantly enhance visibility and connections within the global gemstones market, thereby unlocking potential growth avenues for Italy-based enterprises. "