Georgia"s ruby market, a vital segment of the country"s gemstone industry, has shown dynamic trade patterns in recent years. Analyzing import and export data from 2021 to 2024 reveals significant trends in trade volume and pricing that influence the market landscape. In 2024, Georgia imported approximately 431,474 kg of rubies under the category of "unworked precious or semi-precious stones," valued at around $135,638. Notably, the import price per kilogram saw a wide range, suggesting variations in ruby quality or sourcing conditions. Average prices fluctuated, with a notable import transaction of 127 kg priced at $13,314, indicating high-value imports. Comparatively, the export volume in 2024 reached about 338,662 kg, with a total export value of $75,700. This represents a decrease from 2023"s export volume of 280,500 kg valued at $33,157, signaling a shift in export strategies or demand conditions. The data also highlights a gradual increase in both import and export activities from previous years.

In 2022, exports were at 66,000 kg valued at $6,913, while imports were significantly lower in volume but varied in price, reflecting a market poised for diversification and growth. These trends suggest an evolving market in Georgia"s ruby trade, with potential opportunities to engage with local suppliers. Businesses exploring entry points in this market should consider these price and volume dynamics to optimize their strategies. For companies looking to navigate Georgia"s gemstone market efficiently, Aritral offers cutting-edge tools like Product Listing and Direct Communication with suppliers. With Global Sales Assistance and AI-Powered Marketing, businesses can enhance their profiles and establish robust trade partnerships. Aritral"s platform simplifies the complexities of international trade, making it an invaluable asset in the competitive gem market.