Angola has been emerging as a notable player in the global gemstones market, with amber being a significant commodity of interest. In 2023, Angola"s trade activities in the precious and semi-precious stones sector have shown intriguing trends. The country imported 109 kg of such stones valued at $63. 522, a significant decrease compared to 2022, where imports reached 901. 4 kg valued at $776. 842. This indicates a shift in trade dynamics and possibly a strategic focus on enhancing local processing capabilities or sourcing from domestic suppliers. On the export front, Angola exported 170 kg of precious and semi-precious stones, generating $799.
021 in 2023. The price per kilogram for exports varied significantly, with the highest reported at $370. 587 per 25 kg, suggesting a premium on certain grades or qualities of amber. This contrasts with lower valuations seen in some exports, such as $28. 923 for 60 kg, hinting at varying demand or quality levels of the stones. These figures underscore a nuanced market landscape where Angola is potentially capitalizing on high-value amber exports while reducing import dependency. Such a strategy could enhance its position in the global gemstone market by promoting local beneficiation and increasing value addition. For businesses looking to engage with Angola"s gemstone sector, identifying key suppliers and understanding these trade dynamics is essential.
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