Azerbaijan"s gemstones market, particularly in the niche of lapis lazuli and other precious stones, displays intriguing trends across recent years. The importation of unworked precious stones, such as lapis lazuli, has shown fluctuations both in trade volume and pricing, reflecting broader economic influences and demand dynamics. In 2024, Azerbaijan imported a consistent volume of unworked precious stones, mainly in small quantities of 5 kg batches, priced at $54. 12 per transaction. This marks a stark contrast to 2023, where larger batches, such as 1388. 15 kg, were common, accompanied by a total transaction value of $6034. 48. Notably, the market also saw unique high-value transactions for smaller volumes, indicating potential shifts in supplier strategies or buyer preferences.

Further analysis reveals the import of more refined products, such as further worked stones, which saw a significant price variation. In 2024, the import price for further worked stones ranged from $73. 91 for 13. 48 carats to $168. 16 for 0. 052 carats, illustrating a diverse market for both bulk and refined lapis lazuli. Articles of precious stones, including lapis lazuli, also contributed to the import landscape, with 2024 witnessing significant imports like a batch of 995. 283 kg valued at $614,063.

86. This is indicative of high demand and a robust market for crafted gemstones in Azerbaijan, likely driven by both domestic consumption and re-export strategies. Aritral. com, an AI-driven B2B platform, is strategically positioned to assist businesses navigating Azerbaijan’s dynamic lapis lazuli market. It offers services such as product listing, direct communication, and AI-powered marketing, ensuring effective profile management and global sales assistance for businesses aiming to thrive in this evolving sector. "