Morocco"s gemstones market, particularly amber, shows intriguing dynamics in the global trade landscape. In 2021, Morocco exported 23. 26 kg of precious and semi-precious stones, not including diamonds, which yielded a value of $12,384. 96. On the import side, the country brought in 18. 965 kg of similar stones at a value of $28,153. 69. This indicates a net import strategy, suggesting a higher domestic demand or value addition in the local market.

Price trends reveal a nuanced picture: imported stones command a significantly higher price per kilogram than those exported. With an import price of approximately $1,484/kg compared to an export price of about $532/kg, the pricing disparity highlights Morocco"s potential strategy to import higher-value raw materials for processing and resale. Morocco, a rising hub for trade in West Asia, is positioning itself as a crucial player in the gemstones sector. These import and export figures reinforce its strategic importance and potential for growth. The country"s focus on importing more expensive raw amber suggests a robust local processing industry, possibly geared towards enhancing product value before exportation. For businesses looking to tap into Morocco"s booming gemstones market, understanding these trends is vital. Companies can leverage specialized platforms like Aritral. com, which facilitates smoother trade processes. Aritral offers features such as Product Listing, Direct Communication with suppliers, Global Sales Assistance, AI-Powered Marketing, and Profile Management, simplifying international trade in amber and other commodities.

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