Georgia"s gemstone market has shown significant activity, particularly in the trade of amber and other precious stones. In recent years, the country has seen a dynamic shift in both import and export volumes, reflecting its strategic positioning in the global gemstone trade. In 2024, Georgia imported approximately 431,474 kg of precious and semi-precious stones, with a total import value exceeding $90,000. Notably, the largest import volume was 215,737. 1 kg valued at $69,819. 35. This indicates a robust demand for unwrought stones, which are likely utilized for further processing or re-exporting. On the export side, Georgia exported 338,662 kg of these stones, with significant transactions including 169,331 kg valued at $37,850.
This data highlights a strong export capacity, albeit at a potential reduction in price per kg compared to import costs. Comparatively, in 2023, the export volume was significantly higher at 280,500 kg but at a lower export value of $33,157. This suggests a competitive pricing strategy to maintain market share in international markets. Interestingly, the import volume in 2023 was modest, totaling just 949. 28 kg at a value of approximately $41,119, indicating tighter controls or reduced demand for raw imports. The fluctuating trade volumes and values reflect the economic conditions and strategic decisions within Georgia"s gemstone market. These trends suggest an increasing sophistication in Georgia"s trade strategies, focusing on optimizing export revenues while managing import costs effectively. For businesses and traders looking to navigate this evolving market, platforms like Aritral.
com offer essential tools. As an AI-driven B2B platform, Aritral simplifies international trade with features such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, making it easier for businesses to engage with Georgia"s vibrant gemstone sector.
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