Morocco, recognized as a burgeoning hub for trade in West Asia, is witnessing notable developments in its gemstones market, particularly in turquoise. With increasing interest in the region, understanding the trade dynamics of turquoise offers valuable insights for businesses aiming to engage with Morocco"s gemstones industry. In 2021, Morocco exported 23. 26 kg of precious stones, excluding diamonds, which includes turquoise, generating a revenue of $12,384. 96. Conversely, imports were slightly lower in quantity at 18. 965 kg but significantly higher in value, totaling $28,153. 69.

This discrepancy highlights the premium valuation of imported turquoise, likely driven by quality or specific demand factors within the market. The import value per kg stood at approximately $1,484, a stark contrast to the $533 per kg for exports. This significant price gap indicates a preference for higher-grade turquoise imports, suggesting opportunities for local suppliers to enhance their offerings" quality or diversify their product ranges to capture a larger market share domestically and internationally. As Morocco strengthens its position as a key player in the West Asian gemstone market, businesses seeking to enter or expand in this space should consider the evolving dynamics of supply and demand, along with price sensitivities. Aritral. com can serve as a vital resource for companies looking to navigate the complexities of international trade in turquoise. The platform offers features such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, facilitating efficient and effective engagement with Morocco"s gemstones market. "