Report Update Nov 1, 2024

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

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Portugal: Synthetic Gemstones Market 2024

Synthetic Gemstones Market Size in Portugal

After two years of growth, the Portuguese synthetic gemstones market decreased by -20.5% to $X in 2021. Overall, consumption continues to indicate a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Synthetic Gemstones Production in Portugal

In value terms, synthetic gemstones production stood at $X in 2021 estimated in export price. In general, production showed a perceptible curtailment. The growth pace was the most rapid in 2013 with an increase of 41%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Synthetic Gemstones Exports

Exports from Portugal

In 2021, overseas shipments of synthetic or reconstructed precious or semi-precious stones were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted significant growth. Over the period under review, the exports hit record highs at X tons 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. Overall, exports saw a significant expansion. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for synthetic gemstones exports from Portugal, accounting for a approx. 99% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to France amounted to +7.5%.

From 2014 to 2021, the average annual growth rate of value to France stood at -30.8%.

Export Prices by Country

In 2021, the average synthetic gemstones export price amounted to $X per ton, declining by -13.4% against the previous year. Over the period under review, the export price showed a precipitous contraction. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2014 to 2021, the rate of growth in terms of prices for Luxembourg amounted to -22.6% per year.

Synthetic Gemstones Imports

Imports into Portugal

In 2021, approx. X kg of synthetic or reconstructed precious or semi-precious stones were imported into Portugal; picking up by 73% against 2020 figures. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2018 with an increase of 243% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, synthetic gemstones imports soared to $X in 2021. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 219% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, France (X kg) constituted the largest synthetic gemstones supplier to Portugal, with a 87% share of total imports. Moreover, synthetic gemstones imports from France exceeded the figures recorded by the second-largest supplier, China (X kg), more than tenfold. The third position in this ranking was taken by the United States (X kg), with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +23.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+58.4% per year) and the United States (0.0% per year).

In value terms, France ($X) constituted the largest supplier of synthetic or reconstructed precious or semi-precious stones to Portugal, comprising 80% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by the UK, with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+53.0% per year) and the UK (+0.4% per year).

Import Prices by Country

In 2021, the average synthetic gemstones import price amounted to $X per ton, waning by -11% against the previous year. Overall, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 124% 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 failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.2%), while the prices for the other major suppliers experienced a decline.

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, with a combined 71% share 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 Portugal?

In value terms, France constituted the largest supplier of synthetic gemstones to Portugal, comprising 82% of total imports. The second position in the ranking was occupied by China, with a 10% share of total imports.

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

In 2021, the average synthetic gemstones export price amounted to $21,714 per ton, dropping by -15.4% against the previous year.

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

In 2021, the average synthetic gemstones import price amounted to $388,755 per ton, reducing by -7.5% against the previous year.

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

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
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