The gemstones market in Azerbaijan, particularly concerning the importation of topaz, has shown notable trends in recent years. Based on recent data, the import volume of precious or semi-precious stones, excluding diamonds, has fluctuated significantly. In 2023, Azerbaijan imported 1388. 15 kg of these stones, totaling a value of $6034. 48. This marks a substantial increase from 2022 imports, which were significantly lower at 0. 2 kg valued at $189. 65 per transaction.

By 2024, the market saw a shift towards higher-value, lower-volume imports. For example, the import of art of precious or semi-precious stones reached an impressive 1197. 455 kg, valued at $634,264. 56, indicating a rising demand for more refined products. The price per kilogram for these imports has also shown an upward trajectory, reflecting the increasing value placed on high-quality gemstones. Interestingly, the average price of unwrought precious stones in 2024 was consistent at $54. 12 per 5 kg transaction, demonstrating a stable pricing strategy for raw materials. In contrast, the importation of further worked stones presented higher per-carat prices, such as $168.

16 for small quantities, highlighting the premium on craftsmanship and finish. These trends suggest a growing sophistication in Azerbaijan"s gemstone market, with an emphasis on quality over quantity. Such developments present substantial opportunities for international suppliers and traders looking to enter or expand in this market. For businesses seeking to capitalize on these trends, platforms like Aritral. com provide invaluable resources. Aritral, an AI-driven B2B platform, offers services such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, simplifying the complexities of international trade in commodities like topaz. "