Turkey"s ruby market is a significant player in the global gemstone industry, with substantial import and export activities that shape the market landscape. In 2024, Turkey"s export of rubies, alongside sapphires and emeralds, showed varied trade volumes and prices, indicative of the market"s complexity. Exports in 2024 reached a diverse audience, with some high-value shipments such as 35,875 carats fetching $764,741. On the lower end, smaller exports like 25 carats were valued at $300. Such disparities reflect not only quality differences but also Turkey"s strategic positioning in the gemstone market, offering both bulk and boutique products. On the import side, Turkey demonstrated a robust demand, with imports reaching up to 409,475 carats valued at $2,759,889. This indicates a strong domestic market or re-export strategy, leveraging Turkey"s geographical and economic position to act as a gemstone hub. The price per carat for imports in 2024 varied significantly, with some imports priced as low as $202 for 35 carats, highlighting the wide range of qualities and origins of the stones being brought into the country.

Comparing 2023 and 2024 data, it"s evident that Turkey"s gemstone market is growing, with increased trade volumes and varied price points reflecting a dynamic and adaptable market strategy. Aritral. com, an AI-driven B2B platform, facilitates this intricate international trade by providing tools for product listing, direct communication, global sales assistance, and AI-powered marketing services, supporting businesses like those in Turkey"s gemstone market to thrive globally.