Report Update Nov 1, 2024

Argentina - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Synthetic Gemstones Market 2024

Synthetic Gemstones Market Size in Argentina

In 2021, the Argentinian synthetic gemstones market decreased by -4.2% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption recorded a abrupt descent. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Synthetic Gemstones Production in Argentina

In value terms, synthetic gemstones production fell remarkably to $X in 2021 estimated in export price. Overall, production saw a deep setback. Synthetic gemstones production peaked at $X in 2020, and then fell sharply in the following year.

Synthetic Gemstones Exports

Exports from Argentina

In 2021, the amount of synthetic or reconstructed precious or semi-precious stones exported from Argentina contracted notably to X kg, waning by -16.2% on the previous year. Over the period under review, exports, however, showed a prominent increase. The growth pace was the most rapid in 2016 with an increase of 700% against the previous year. The exports peaked at X kg in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, synthetic gemstones exports surged to $X in 2021. In general, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 664% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Spain (X kg) was the main destination for synthetic gemstones exports from Argentina, accounting for a approx. 49% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

The average synthetic gemstones export price stood at $X per ton in 2021, picking up by 120% against the previous year. In general, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2014 to 2021, the rate of growth in terms of prices for Chile amounted to 0.0% per year.

Synthetic Gemstones Imports

Imports into Argentina

For the fourth consecutive year, Argentina recorded decline in purchases abroad of synthetic or reconstructed precious or semi-precious stones, which decreased by -66.7% to X kg in 2021. Overall, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2015 with an increase of 144% against the previous year. As a result, imports reached the peak of X kg. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, synthetic gemstones imports shrank sharply to $X in 2021. Over the period under review, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2015 when imports increased by 89%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X kg) was the main supplier of synthetic gemstones to Argentina, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of synthetic or reconstructed precious or semi-precious stones to Argentina, comprising 75% of total imports. The second position in the ranking was taken by South Korea ($X), with a 14% share of total imports. It was followed by China, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-22.9% per year) and China (-9.6% per year).

Import Prices by Country

In 2021, the average synthetic gemstones import price amounted to $X per ton, with an increase of 137% against the previous year. Over the period under review, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 176%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+103.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for synthetic or reconstructed precious or semi-precious stones in the world?

The countries with the highest volumes of synthetic gemstones consumption in 2021 were the United Arab Emirates, Myanmar and India, with a combined 79% share of global consumption.

What are the largest producers of synthetic or reconstructed precious or semi-precious stones in the world?

The countries with the highest volumes of synthetic gemstones production in 2021 were Russia, Hong Kong SAR and Switzerland, with a combined 71% share of global production. Lao People's Democratic Republic, Germany, Singapore, France and Taiwan Chinese) lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of synthetic or reconstructed precious or semi-precious stones to Argentina?

In value terms, China $573) constituted the largest supplier of synthetic gemstones to Argentina.

What is the average export price for synthetic or reconstructed precious or semi-precious stones in Argentina?

In 2021, the average synthetic gemstones export price amounted to $367,750 per ton, picking up by 70% against the previous year.

What is the average import price for synthetic or reconstructed precious or semi-precious stones in Argentina?

In 2021, the average synthetic gemstones import price amounted to $8.7 per kg, reducing by -14.1% against the previous year.

This report provides an in-depth analysis of the synthetic gemstones market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20136800 - Synthetic or reconstructed precious or semi-precious stones, u nworked or simply sawn or roughly shaped

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023