Turkey"s gemstone sector, particularly the Spinel market, has shown notable activity in 2024. This analysis delves into recent trade volumes and price trends for Spinel, providing insights into the market dynamics. In 2024, Turkey"s exports of precious or semi-precious stones reached 105,158 kg, valued at $58,098, reflecting a significant increase from the previous year. The average price per kilogram was approximately $550. The export data highlights varying price points, with certain shipments reaching as high as $5030 per kilogram, indicating a demand for higher-quality Spinel stones. On the import side, Turkey imported 11,000 kg of similar stones, with a total value of $47,714, averaging about $4. 34 per kilogram. These figures suggest a strategic focus on exporting higher-value stones while importing lower-cost materials, possibly for further processing or resale.

Price trends revealed that while the bulk of exports were at moderate price points, select high-value transactions drove the overall revenue, underscoring the diverse quality and pricing strategy in the market. As Turkey continues to expand its global footprint in the Spinel trade, businesses can leverage Aritral"s AI-driven platform to enhance their reach and efficiency. Aritral offers comprehensive services including product listing, direct communication with suppliers, and AI-powered marketing solutions, enabling Turkish Spinel traders to optimize their international trade operations effectively. "