Report Update Jan 1, 2025

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

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Morocco: Synthetic Gemstones Market 2025

Synthetic Gemstones Market Size in Morocco

The Moroccan synthetic gemstones market reduced notably to $X in 2021, dropping by -64.7% against the previous year. Overall, consumption faced a sharp reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Synthetic Gemstones Production in Morocco

In value terms, synthetic gemstones production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild descent. The most prominent rate of growth was recorded in 2015 with an increase of 31%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Synthetic Gemstones Exports

Exports from Morocco

In 2021, approx. X kg of synthetic or reconstructed precious or semi-precious stones were exported from Morocco; picking up by 489% against the previous year. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

Exports by Country

Slovakia (X kg) was the main destination for synthetic gemstones exports from Morocco, with a 5% share of total exports. Moreover, synthetic gemstones exports to Slovakia exceeded the volume sent to the second major destination, Mauritania (X kg), more than tenfold.

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

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

Export Prices by Country

In 2021, the average synthetic gemstones export price amounted to $X per ton, surging by 3.6% against the previous year. In general, the export price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 70% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Slovakia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Synthetic Gemstones Imports

Imports into Morocco

In 2021, the amount of synthetic or reconstructed precious or semi-precious stones imported into Morocco skyrocketed to X kg, with an increase of 239% on 2020 figures. In general, imports, however, recorded a deep downturn. Imports peaked at X kg in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, synthetic gemstones imports surged to $X in 2021. Overall, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 248%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X kg) constituted the largest supplier of synthetic gemstones to Morocco, with a 38% share of total imports. Moreover, synthetic gemstones imports from France exceeded the figures recorded by the second-largest supplier, Japan (X kg), fivefold. Hong Kong SAR (X kg) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+7.1% per year) and Hong Kong SAR (0.0% per year).

In value terms, Spain ($X) constituted the largest supplier of synthetic or reconstructed precious or semi-precious stones to Morocco, comprising 60% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-10.1% per year) and France (-6.9% per year).

Import Prices by Country

The average synthetic gemstones import price stood at $X per ton in 2021, reducing by -3.8% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 190% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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 Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+23.2%), 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, together accounting for 79% 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, together accounting for 71% of global production. These countries were followed by Lao People's Democratic Republic, Germany, Singapore, France and Taiwan Chinese), which together accounted for a further 20%.

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

In value terms, Spain constituted the largest supplier of synthetic gemstones to Morocco, comprising 69% of total imports. The second position in the ranking was occupied by Italy $743), with a 16% share of total imports. It was followed by France, with a 4.1% share.

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

In 2021, the average synthetic gemstones export price amounted to $335,672 per ton, picking up by 82% against the previous year.

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

The average synthetic gemstones import price stood at $138,471 per ton in 2021, shrinking by -8.1% against the previous year.

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

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024