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

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

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Southern Asia: Synthetic Gemstones Market 2025

Synthetic Gemstones Market Size in Southern Asia

In 2021, the South Asian synthetic gemstones market increased by 185% to $X, rising for the second consecutive year after three years of decline. Overall, consumption continues to indicate a significant expansion. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the near future.

Synthetic Gemstones Production in Southern Asia

In value terms, synthetic gemstones production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 142%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Synthetic Gemstones Exports

Exports in Southern Asia

In 2021, shipments abroad of synthetic or reconstructed precious or semi-precious stones increased by 20% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 8,579% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, synthetic gemstones exports soared to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 4,554%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

Exports by Country

The biggest shipments were from India (X tons), together reaching 100% of total export.

India was also the fastest-growing in terms of the synthetic or reconstructed precious or semi-precious stones exports, with a CAGR of +52.6% from 2012 to 2021. While the share of India (+9.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest synthetic gemstones supplier in Southern Asia.

In India, synthetic gemstones exports expanded at an average annual rate of +80.7% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, growing by 44% against the previous year. Over the period under review, the export price posted resilient growth. The growth pace was the most rapid in 2020 when the export price increased by 404% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +18.4% per year.

Synthetic Gemstones Imports

Imports in Southern Asia

In 2021, overseas purchases of synthetic or reconstructed precious or semi-precious stones increased by 189% to X tons, rising for the second consecutive year after three years of decline. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 6,921%. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, synthetic gemstones imports skyrocketed to $X in 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 5,793%. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

In 2021, India (X tons) was the largest importer of synthetic or reconstructed precious or semi-precious stones in Southern Asia, comprising 99.9% of total import.

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. While the share of India (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported synthetic or reconstructed precious or semi-precious stones in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +56.2%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, falling by -7.8% against the previous year. In general, the import price saw a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the import price increased by 228% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -4.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India remains the largest synthetic gemstones consuming country in Southern Asia, accounting for 100% of total volume.
The countries with the highest volumes of synthetic gemstones production in 2021 were Pakistan, Nepal and Sri Lanka, with a combined 99% share of total production.
In value terms, India remains the largest synthetic gemstones supplier in Southern Asia.
In value terms, India constitutes the largest market for imported synthetic or reconstructed precious or semi-precious stones in Southern Asia.
In 2021, the synthetic gemstones export price in Southern Asia amounted to $315,729 per ton, falling by -9.6% against the previous year.
In 2021, the synthetic gemstones import price in Southern Asia amounted to $422,906 per ton, jumping by 186% against the previous year.

This report provides an in-depth analysis of the synthetic gemstones market in Southern Asia. 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 Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  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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