In 2024, Armenia"s pearl trade showcases a dynamic interaction between imports and exports, reflecting pivotal pricing trends in its gemstone market. The country primarily deals in natural pearls and articles made from pearls, both crucial components of its trade portfolio. According to the latest data, Armenia imported a total of 148. 537 kg of pearls, valued at $217,635. 99. The price per kilogram for imported natural pearls stood at approximately $10,563, indicating a stable yet high-value market segment. This consistent import volume suggests a robust demand for high-quality pearls, likely used in the local manufacturing of jewelry and decorative items. On the export front, Armenia shipped 78.
622 kg of pearl articles, generating $152,559. 96 in value. This results in an average export price of approximately $1,941 per kilogram, reflecting a competitive edge in the crafted pearl articles market. The slight discrepancy between import and export volumes points to a strategic move to balance raw material acquisition with the production and export of more refined, value-added products. The pricing disparity between raw natural pearls and finished articles underscores Armenia"s focus on value addition, enhancing profitability through craftsmanship. This aligns with the broader market strategy of maximizing returns on high-value exports. For businesses looking to tap into Armenia"s gemstones market, understanding these price points and trade flows is crucial. Engaging with local suppliers and utilizing platforms like Aritral can significantly enhance market entry strategies. Aritral"s AI-driven features such as Product Listing, Direct Communication, and Global Sales Assistance facilitate seamless interaction with Armenian suppliers, offering a streamlined path to entering the competitive pearl market.
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