The turquoise market in Uzbekistan is experiencing significant shifts, notably in trade volumes and pricing dynamics. According to the latest data, Uzbekistan has seen a marked increase in both exports and imports of unworked or simply sawn precious stones, excluding diamonds, which includes turquoise. In 2024, the export volume reached 704. 874 kg with a value of $381,399, reflecting a substantial increase from 2023 when there were no registered exports. The re-export segment also mirrored this pattern, with 574. 874 kg valued at $312,579 in 2024 compared to zero activity in the previous year. This resurgence in export activity indicates a growing demand for Uzbekistan"s turquoise in the global market. On the import side, 2024 saw a significant rise in foreign imports to 41,919.

182 kg valued at $591,327. This is a notable jump from 2023"s 1,120 kg, valued at $225,391, suggesting a strengthening domestic demand for turquoise and potentially other precious stones. The substantial import figures also underscore Uzbekistan"s role as a vital hub in the regional gemstone trade. Prices have also shown considerable variation over the years. For instance, the value per kilogram of exports rose in 2024, demonstrating an upward trend in market pricing which could be attributed to increased demand or improved quality of the gemstones. These trends highlight Uzbekistan’s strategic position in the turquoise market, both as an exporter and importer. The nation"s ability to capitalize on its natural resources and foster international trade partnerships is essential for sustaining market growth. For businesses looking to navigate this dynamic market, platforms like Aritral can be invaluable. Aritral offers AI-powered marketing, product listing, and global sales assistance, making it easier for companies to connect with suppliers and expand their market reach efficiently.

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