Sri Lanka, renowned for its rich gemstone reserves, is witnessing dynamic shifts in its Chrysocolla trade. In 2024, the import volume of precious or semi-precious stones, including Chrysocolla, reached 23,253. 558 kg, valued at $2,129,012. 376, indicating a significant import activity compared to 2023"s 7,080. 57 kg at $1,416,518. 444. This surge reflects a growing domestic demand and potential stockpiling for future exports. Conversely, the export figures for 2024 were modest at 223.

657 kg, generating $705,646. 573, which highlights a strategic focus on value-added processing and re-export of higher-value finished products. Notably, the re-export figures plummeted from 6,761. 01 kg in 2023 to a mere 0. 145 kg in 2024, suggesting a shift towards retaining raw materials for domestic processing or a possible decline in global re-export markets. The price trends reveal a high value per kg for exported stones, emphasizing Sri Lanka"s competitive edge in the value-added segments of the gemstone market. The significant rise in imports for both raw and worked stones suggests increased capabilities for domestic processing. For businesses seeking to explore opportunities in Sri Lanka"s Chrysocolla market, understanding these trade dynamics is crucial.

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