Italy"s gemstones market, particularly the amber sector, is witnessing intriguing trends in trade volumes and pricing dynamics. The data from 2024 indicates a substantial volume of precious and semi-precious stones, including unwrought amber, being imported, with a total of 36,261 kg valued at over $10. 2 million. This is a significant increase from 2023"s import volume of 31,813 kg, worth approximately $8. 2 million, showcasing a robust 14% rise in import value. The import of further worked rubies, sapphires, and emeralds also underscores Italy"s growing appetite for refined gemstones, evidenced by the import value of over $231 million. On the export front, Italy continues to maintain a steady flow with 4,653 kg of unwrought stones exported in 2024, generating around $1. 45 million.
While the export volume has decreased slightly compared to 2023, the total value has increased, suggesting an uptick in price per unit. This trend reflects Italy"s strategic position in the global gemstone market, leveraging its artisanal expertise and advanced processing techniques to add value to its exports. Overall, the divergence between import and export values highlights Italy"s role as a key processing hub, importing raw materials and exporting higher-value finished products. For businesses seeking to enter or expand in this market, connecting with local suppliers and leveraging platforms like Aritral. com can offer strategic advantages. Aritral is an AI-driven B2B platform that simplifies international trade in commodities, providing services such as product listing, direct communication with suppliers, global sales assistance, AI-powered marketing, and profile management, making it an invaluable resource for navigating the complexities of Italy"s gemstone market.
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