Saudi Arabia"s gemstone market has been characterized by a dynamic interplay of imports and exports, especially in the sector of precious and semi-precious stones, including charoite. Despite the lack of direct data on charoite, related categories provide valuable insights into the market trends and pricing strategies. In 2023, Saudi Arabia"s imports of unworked precious and semi-precious stones (excluding diamonds) saw a significant drop in quantity from previous years, with no weight reported, yet the import value remained high at $13,632. 53. This suggests a shift towards higher-priced, possibly more refined stones. Notably, the import of worked stones in 2022 reached a value of $426,934. 66 for over 10 million carats, indicating a robust demand for processed gems. The year 2021 marked a striking increase in imports of worked stones, with a total of 178,480,863.

4 carats valued at $278,624. 53, illustrating a strong appetite for these products within the Saudi market. Comparatively, in 2020, the import value for worked stones was $211,942. 93 over 21,495,282. 2 carats, showing a consistent upward trend in both volume and value over the years. Meanwhile, synthetic and reconstructed stones saw a notable import value of $89,970. 66 in 2020 for 203. 93 kg, reflecting a niche yet growing segment within the market.

Saudi Arabia"s export and re-export activities, particularly in the worked stones category, highlight the country"s strategic role as both a consumer and a redistributor of gemstones. The export value for 2023 in stood at $3,351,852. 98, showcasing the country"s active participation in the global gemstone market. Aritral. com, an AI-driven B2B platform, can significantly streamline the process of engaging with gemstone market. By offering services like Product Listing, Direct Communication, and AI-Powered Marketing, Aritral assists businesses in navigating the complexities of international trade and maximizing their market reach.