The Philippines" gemstones market, particularly in chrysocolla, is witnessing intriguing shifts in trade dynamics. Between 2020 and 2024, the trade volume and prices in both imports and exports suggest evolving market conditions and preferences. Analyzing the period from 2020 to 2024, the data reveals a stark increase in the export of precious or semi-precious stones, specifically unwrought or simply sawn, which includes chrysocolla. In 2024, exports of 8,490 kg valued at $10,000 demonstrate a significant expansion compared to almost negligible quantities in previous years (0. 001 kg in 2021 and 2020). This indicates a growing demand for chrysocolla in international markets, likely due to increased recognition of its aesthetic and commercial value. Conversely, imports of similar stones also rose, from 119. 8 kg in 2021 to 3,001.

82 kg in 2024, with a corresponding value increase from $32,872 to $46,017. This suggests an upward trend in domestic consumption, possibly driven by the local jewelry industry"s expansion and consumer interest in unique gemstones. Price trends for chrysocolla have shown variability but generally indicate a strengthening market. The export value per kilogram has seen a competitive edge, climbing alongside the growing export volume. Similarly, imports reflect rising costs, aligning with global price trends for high-quality gemstones. These insights into the Philippines" chrysocolla market highlight the potential for both local suppliers and international buyers to capitalize on these trends. As the market continues to grow, businesses can explore platforms like Aritral. com to facilitate efficient and innovative trade opportunities.

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