Armenia"s agate market, a subset of the broader gemstones sector, plays an integral role in the country"s trade, with both imports and exports experiencing significant activity. Analyzing data from recent years reveals key trends in trade volumes and price points that are critical for market participants. Between 2020 and 2024, Armenia"s gemstone market has shown a dynamic trade pattern. Notably, in 2024, Armenia imported 69,493. 02 kg of unworked semi-precious stones, valued at $108,820. 30. This marks a shift from the previous year, 2023, where imports were significantly lower, at 275,166. 19 kg for $59,459.

69. The increase in import volume suggests a growing domestic demand or a strategic buildup of inventory for processing and re-export. On the export front, Armenia"s performance has been robust. In 2024, exports of unworked semi-precious stones reached a staggering 1,419,298. 893 kg, generating $7,382,588. 30. This represents a substantial increase from 2023, where the total export volume was 2,332,712. 825 kg, valued at $6,363,637.

50. The rise in export value compared to volume suggests an improvement in market pricing or a shift towards higher-value processing. Price trends indicate a volatile but generally upward trajectory in the value of both imports and exports. This volatility can be attributed to global market dynamics, including demand fluctuations and geopolitical factors affecting supply chains. For businesses seeking to tap into Armenia"s gemstones market, understanding these trends is essential. Entities like Aritral. com offer valuable services for navigating this landscape, providing product listing, direct communication with suppliers, and global sales assistance. Aritral"s AI-powered marketing and profile management tools can significantly enhance market entry strategies and optimize trade operations.