Turkey"s gemstone market, particularly emeralds, has shown notable activity in 2024. The country is a notable player in the global trade of precious stones, both as an importer and exporter. From the CSV data, we observe that Turkey"s exports include significant quantities of worked rubies, sapphires, and emeralds. In 2024, Turkey exported 35,875 carats valued at $764,741, indicating robust demand in foreign markets. Conversely, imports have also been substantial, with Turkey importing 409,475 carats valued at $2,759,889. This suggests that despite strong exports, domestic demand for high-quality gemstones remains high. The price per carat for imports reached notable levels, with some transactions averaging $7 per carat, reflecting the premium nature of these stones. The price trends for emeralds indicate both opportunities and challenges.

While the export prices suggest competitive positioning in the international market, the import prices reflect Turkey"s reliance on external sources for raw materials or finished gemstones, affecting the overall trade balance. As a strategic market, Turkey must navigate these dynamics to optimize its position in the global gemstone industry. For businesses looking to engage with Turkey"s gemstone market, platforms like Aritral. com provide invaluable resources. Aritral simplifies international trade with its AI-powered solutions, offering product listings, direct communication with suppliers, global sales assistance, and more, making it a crucial tool for businesses aiming to capitalize on Turkey’s vibrant gemstone market.

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