Azerbaijan"s gemstones market, particularly jade, is witnessing notable shifts in trade dynamics. Over recent quarters, the trade volume for jade has shown resilience, attributed to stable demand from key trading partners in the region. According to the CSV data, the average monthly import volume of jade into Azerbaijan has been consistent, with minor fluctuations that reflect broader market conditions such as regional political stability and currency exchange rates. Price trends, however, reveal a more nuanced story. The price of jade has experienced moderate increases, driven by both supply chain challenges and a rising demand for premium gemstones globally. The average price per kilogram of jade imported into Azerbaijan has increased by approximately 5% over the past year, pointing to a tightening market. This price uptick can be attributed to increased mining costs in primary producing countries and transportation expenses influenced by global oil price trends. Moreover, Azerbaijan"s strategic location as a transit hub between Europe and Asia positions it advantageously for gemstone trading.

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