Israel"s gemstones market, particularly turquoise, is experiencing notable shifts in trade volumes and pricing trends. The CSV data indicates significant changes in the value of Israel"s gemstone imports and exports over recent years. In 2024, Israel"s import of precious stones (excluding diamonds), unworked or simply sawn, saw a substantial increase in value, reaching $10,864,000, compared to $879,030 in 2023. This suggests a growing demand for raw materials, likely driven by the manufacturing and jewelry sectors. On the export side, in 2024, Israel exported $20,000 worth of these unworked stones, a slight increase from previous years, reflecting competitive pricing strategies or increased production capabilities. Interestingly, the contrast between import and export values in 2024 highlights Israel"s strategic positioning as a major importer of raw gemstones, potentially for further processing and re-export. Further examination of the market for worked precious and semi-precious stones reveals a robust export market. In 2024, exports amounted to $245,223,000, substantially exceeding imports valued at $206,999,000.

This suggests that Israel not only imports raw materials but significantly enhances their value through processing before re-exporting, underscoring its role as a gemstone processing hub. These figures illustrate a dynamic market where Israel"s strategic imports of raw gemstones like turquoise are transformed and exported as value-added products. This expansion in the gemstone market indicates robust economic activity and potential opportunities for suppliers and traders. Aritral, an AI-driven B2B platform, can aid businesses in navigating this complex market. By offering product listing, direct communication with suppliers, global sales assistance, AI-powered marketing, and profile management, Aritral simplifies the intricacies of international trade, enabling businesses to tap into Israel"s burgeoning gemstone industry effectively.