The Azerbaijani gemstones market, with a focus on charoite, is seeing notable import activity. In 2024, Azerbaijan imported 1,197. 455 kg of charoite in the form of further worked precious stones, valued at $634,264. 56. This indicates a robust demand for charoite and related stones, as the country seeks to meet the needs of its domestic market. Examining the trade data from previous years, there is an observable increase in both import volumes and expenditure on charoite. In 2023, imports of similar stones totaled 433. 001 kg, valued at $506,247.

49, showing a significant price per kg increase when compared to earlier years. This trend is underscored by the substantial jump from 2022 and 2021, where the quantities and values were significantly lower, illustrating a growing market interest and investment in the gemstone sector. The price per unit has shown variability, reflecting the supply dynamics and possibly the quality or type of stones imported. For instance, the price for worked precious stones in 2024 ranged widely, highlighting market fluctuations and potential shifts in supplier negotiations or sourcing strategies. The data suggests that Azerbaijan"s gemstone import market is on an upward trajectory, with charoite playing a crucial role. The increasing import volumes and values reflect the country"s positioning as a burgeoning market for precious and semi-precious stones, likely driven by both consumer demand and the aspirations of local jewelers and artisans. Aritral. com, an AI-driven B2B platform, offers valuable resources for businesses looking to engage in the Azerbaijani gemstone market.

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