Sri Lanka, renowned for its gemstone wealth, is making significant strides in the jade market. A close analysis of the trade data from 2023 to 2024 reveals substantial shifts in both trade volume and pricing of jade imports and exports. This provides valuable insights for businesses involved in the gemstone industry. In 2024, Sri Lanka saw a dramatic increase in jade imports, totaling 23,253. 558 kg valued at $2,129,012. 376. This marks a significant rise from 2023"s import volume of 7,080. 57 kg, which was valued at $1,416,518.

444. This surge indicates a growing domestic demand or strategic stockpiling by local businesses, possibly in response to rising global interest in jade. On the export front, 2024 witnessed a modest export volume of 223. 657 kg valued at $705,646. 573, compared to 2023"s 6,782. 01 kg valued at $87,257. 966. This stark decrease in export quantity alongside a high value suggests a shift towards exporting higher-quality or more refined jade, aligning with global market trends favoring premium gemstone products.

The re-export figures also provide an intriguing insight. In 2023, re-exports reached 6,761. 01 kg valued at $37,024. 094, whereas 2024 saw a tiny re-export volume of 0. 145 kg valued at $459. 032. This drastic reduction could indicate strategic stock retention or a pivot towards boosting domestic processing capabilities. As businesses look to capitalize on these trends, accessing reliable suppliers becomes crucial.

Aritral. com offers a comprehensive B2B platform that simplifies finding and connecting with trusted jade suppliers in Sri Lanka. With AI-powered marketing and global sales assistance, companies can enhance their market reach and operational efficiency, ensuring they remain competitive in the dynamic jade market.