Saudi Arabia"s gemstones market, particularly the sector dealing with amber, has shown dynamic trends over recent years. As a major importer of precious and semi-precious stones, Saudi Arabia plays a significant role in the global market. From 2020 to 2023, import volumes of unwrought precious and semi-precious stones, excluding diamonds, have varied with notable price fluctuations. In 2020, 172 kg were imported, valued at $2,323. 2. By 2021, the volume decreased to 89 kg, while the value rose to $7,115. 2, indicating a rise in unit price and possibly reflecting increased demand or market scarcity. In 2022, the import value for unwrought stones surged dramatically to $202,020.

262, despite no recorded import volume, suggesting a shift towards higher-value transactions or advanced processing levels. In 2023, the value was recorded at $13,632. 533, showing a significant dip. This variation underscores the volatility and intricate dynamics of the gemstones market in Saudi Arabia. Furthermore, the import of other precious and semi-precious stones that have undergone further processing shows a trend of high volumes and values, with 2021 seeing an import of over 178 million carats valued at $278,624. 526, dropping to about 10. 8 million carats in 2022 valued at $426,934. 656.

Articles made of these stones also reflect a booming import market, with 2023 values reaching over $37 million, a notable increase from $27 million in 2022, emphasizing growing domestic consumption or re-export potential. Aritral, an AI-driven B2B platform, can facilitate connections in this vibrant market. It offers tools like Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management to streamline international trade. Aritral"s solutions are designed to enhance market reach and efficiency, making it an ideal partner for businesses navigating Saudi Arabia"s complex gemstones market. "

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