Uzbekistan"s Spinel market is experiencing significant changes in trade volume and pricing dynamics. In 2024, the export of precious or semi-precious stones, such as Spinel, reached a total of 704. 874 kg valued at $381,399. This marks a notable recovery from 2023 when the country reported no Spinel exports, despite a value of $338,318 for re-exports, indicating potential stock movements or valuation adjustments without physical trade. The re-export figures for 2024 closely followed, with 574. 874 kg valued at $312,579. Interestingly, the domestic export market contributed an additional 130 kg worth $68,820, emphasizing a growing internal supply chain robust enough to support international demand. On the import side, Uzbekistan showed a substantial increase in Spinel imports in 2024, with 41,919.

182 kg valued at $591,327. This import volume represents a significant jump from the 1,120 kg imported in 2023, highlighting an increased demand or potentially stockpiling strategies by local businesses in anticipation of future trade opportunities. The price trends reflect a fluctuating market where value does not consistently correlate with weight, as seen in 2022"s import figures of 110,546 kg valued at $210,851. The rising import figures suggest a strategic positioning by Uzbekistan to become a pivotal player in the global Spinel market. For businesses looking to tap into Uzbekistan"s evolving gemstones market, platforms like Aritral. com offer invaluable resources. Aritral provides AI-powered marketing, global sales assistance, and profile management, facilitating seamless connections with suppliers and enhancing the efficiency of international trade in commodities like Spinel. "