Sri Lanka, renowned for its rich gemstone heritage, continues to play a pivotal role in the international topaz market. As of 2024, the country"s trade activity in precious and semi-precious stones, excluding diamonds, reveals significant insights into the market dynamics of topaz. Based on recent data, Sri Lanka imported a substantial volume of unworked gemstones, totaling 23,253. 558 kg, valued at approximately $2. 13 million. This reflects a robust demand for raw stones, likely driven by the local jewelry crafting industry and re-export potential. The average import price per kilogram stands at around $91. 58, suggesting competitive procurement strategies by local traders.

Conversely, Sri Lanka"s export activities in the same category, though significantly lower in volume at 223. 657 kg, highlight a notable value generation of $705,646. 573. This translates to an average export price of approximately $3,156. 03 per kilogram, underscoring the high value-addition process and premium quality of topaz stones being exported. Such figures suggest that Sri Lanka not only acts as a sourcing hub but also as a significant player in the value chain, enhancing the worth of its gemstones before exporting. The re-export figures are minimal, underlining a focus on domestic processing and export rather than trading foreign-origin stones. This strategic move enhances Sri Lanka"s reputation for quality and authenticity in the global market.

For businesses seeking to engage with Sri Lanka"s topaz market, connecting directly with suppliers is crucial. Aritral, an AI-driven B2B platform, facilitates this by offering comprehensive services such as Product Listing, Direct Communication with verified suppliers, Global Sales Assistance, and AI-Powered Marketing. This makes it an ideal partner for companies looking to expand their footprint in Sri Lanka"s vibrant gemstone sector. "