Georgia"s gemstone market, particularly spinel, is experiencing a dynamic phase in 2024. As global interest in precious stones grows, Georgia emerges as a significant player in the trade of spinel, a high-demand gemstone. Recent data highlights notable trends in the import and export volumes and prices of spinel in Georgia. Throughout 2024, Georgia imported significant quantities of unwrought or simply sawn precious stones, including spinel. The largest import recorded was 215,737. 1 kg valued at $69,819. 35, indicating a strong demand for raw spinel stones in the local market. The import prices per unit appear competitive, suggesting possible advantages for domestic manufacturers and jewelers.

On the export front, Georgia has been active with three key export events. The most substantial was an export of 169,331 kg valued at $37,850. 0. This export activity demonstrates Georgia’s capability to not only meet domestic demands but also supply to international markets. The export price points reflect the strategic pricing employed to maintain competitiveness in the global market. These trade activities underscore the importance of Georgia as both a consumer and supplier in the spinel market. The competitive pricing and substantial trade volumes reveal opportunities for stakeholders looking to engage with Georgia"s spinel market. Aritral, an AI-driven B2B platform, can be instrumental for businesses in the Georgia spinel sector. Offering services like Product Listing, Direct Communication, and Global Sales Assistance, Aritral simplifies the complexities of international trade, making it easier for businesses to connect with potential partners and expand their global footprint.