Armenia"s gemstones market, particularly focusing on Chrysocolla, has seen significant activity in trade volumes and pricing dynamics in recent years. In 2024, Armenia imported approximately 69,493 kg of precious and semi-precious stones, including Chrysocolla, with a total value of $108,820, translating to an average price of $1. 57 per kg. This marks a notable increase compared to 2023"s import volume of 275,166 kg valued at $59,460, where the average price was $0. 22 per kg. The sharp rise in price per kg indicates a shift towards higher value imports and possibly a tightening supply in the global market. On the export front, 2024 data reveals Armenia exported a substantial 1,419,299 kg of these stones, generating $7,382,588 in revenue. The average export price in 2024 was approximately $5.

20 per kg, a significant increase from 2023, where the export volume was 2,332,713 kg with a revenue of $6,363,637, at an average price of $2. 73 per kg. This price increase suggests a growing demand for Armenian Chrysocolla in international markets, possibly driven by its unique quality or shifts in global gemstone preferences. Armenia"s role as both an importer and exporter demonstrates its strategic position in the global gemstones supply chain. The increase in both import and export prices highlights a market trend of escalating values, suggesting that players in the market are likely to witness higher margins. For businesses looking to engage in Armenia"s Chrysocolla market, understanding these trends is crucial. Aritral. com, an AI-driven B2B platform, offers comprehensive services such as Product Listing, Direct Communication with suppliers, Global Sales Assistance, AI-Powered Marketing, and Profile Management, facilitating efficient entry and expansion in this competitive landscape.