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Report Asia-Pacific - Synthetic or Reconstructed Precious or Semi-Precious Stones - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

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

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Asia-Pacific: Synthetic Gemstones Market 2025

Synthetic Gemstones Market Size in Asia-Pacific

The Asia-Pacific synthetic gemstones market skyrocketed to $X in 2021, rising by 46% against the previous year. Overall, consumption saw a significant expansion. The level of consumption peaked in 2021 and is likely to see steady growth in years to come.

Synthetic Gemstones Production in Asia-Pacific

In value terms, synthetic gemstones production reached $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 49%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Synthetic Gemstones Exports

Exports in Asia-Pacific

Synthetic gemstones exports dropped sharply to X tons in 2021, with a decrease of -23.1% compared with the previous year's figure. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 36% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, synthetic gemstones exports surged to $X in 2021. Over the period under review, exports, however, enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), India (X tons) and Hong Kong SAR (X tons) represented roughly 70% of total exports in 2021. It was distantly followed by Japan (X tons), Thailand (X tons) and Lao People's Democratic Republic (X tons), together committing a 24% share of total exports. Taiwan (Chinese) (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by India (with a CAGR of +52.6%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the largest synthetic gemstones supplier in Asia-Pacific, comprising 75% of total exports. The second position in the ranking was held by China ($X), with a 14% share of total exports. It was followed by India, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value in Hong Kong SAR totaled +44.1%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+15.3% per year) and India (+80.7% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per kg in 2021, growing by 134% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per kg), while Taiwan (Chinese) ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+33.8%), while the other leaders experienced more modest paces of growth.

Synthetic Gemstones Imports

Imports in Asia-Pacific

In 2021, purchases abroad of synthetic or reconstructed precious or semi-precious stones increased by 139% to X tons, rising for the second consecutive year after three years of decline. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 778% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, synthetic gemstones imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India prevails in imports structure, accounting for X tons, which was approx. 95% of total imports in 2021. The following importers - Hong Kong SAR (X tons) and China (X tons) - each amounted to a 3.9% share of total imports.

India was also the fastest-growing in terms of the synthetic or reconstructed precious or semi-precious stones imports, with a CAGR of +63.9% from 2012 to 2021. At the same time, Hong Kong SAR (+10.2%) displayed positive paces of growth. By contrast, China (-4.2%) illustrated a downward trend over the same period. While the share of India (+81 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Hong Kong SAR (-8.3 p.p.) and China (-31.1 p.p.) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported synthetic or reconstructed precious or semi-precious stones in Asia-Pacific, comprising 62% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 30% share of total imports.

In India, synthetic gemstones imports expanded at an average annual rate of +56.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Hong Kong SAR (+32.7% per year) and China (+4.5% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, falling by -13.4% against the previous year. In general, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 67% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of synthetic gemstones consumption in 2021 were Myanmar, India and Hong Kong SAR, together comprising 89% of total consumption.
Hong Kong SAR constituted the country with the largest volume of synthetic gemstones production, accounting for 59% of total volume. Moreover, synthetic gemstones production in Hong Kong SAR exceeded the figures recorded by the second-largest producer, Lao People's Democratic Republic, threefold. Singapore ranked third in terms of total production with a 12% share.
In value terms, Hong Kong SAR remains the largest synthetic gemstones supplier in Asia-Pacific, comprising 55% of total exports. The second position in the ranking was occupied by China, with a 22% share of total exports. It was followed by Japan, with a 5.9% share.
In value terms, India constitutes the largest market for imported synthetic or reconstructed precious or semi-precious stones in Asia-Pacific, comprising 67% of total imports. The second position in the ranking was occupied by Hong Kong SAR, with a 13% share of total imports. It was followed by China, with a 6% share.
In 2021, the synthetic gemstones export price in Asia-Pacific amounted to $398,337 per ton, rising by 5.4% against the previous year.
The synthetic gemstones import price in Asia-Pacific stood at $167,682 per ton in 2021, surging by 37% against the previous year.

This report provides an in-depth analysis of the synthetic gemstones market in Asia-Pacific. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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