China"s gemstone market, particularly lapis lazuli, plays a pivotal role in the global trade landscape, exhibiting both significant import and export activities. In 2023, China imported approximately 145. 69 million kg of unworked precious or semi-precious stones, valued at $202. 32 million, marking a notable decline from 2022"s 150. 79 million kg worth $322. 29 million. These figures underscore a shift in import activities, reflecting potential changes in demand or sourcing strategies. Export data reveals a parallel trend.

In the same year, China exported around 1. 62 million kg of these stones, generating $4. 57 million, which shows a decrease from 2022"s 1. 73 million kg and $55. 87 million. This downward trajectory in both volume and value may indicate a slower international demand or increased domestic consumption. The market for further worked gemstones, including rubies, sapphires, and emeralds, also witnessed substantial activity. In 2023 imports reached 4.

42 million carats, valued at $175. 39 million, while exports were 1. 86 million carats worth $111. 03 million. These figures highlight a robust domestic market that supports significant processing and re-export of high-value gemstones. Price trends suggest a stabilization in the value of lapis lazuli imports, despite fluctuating volumes, likely due to consistent domestic demand or stable global pricing. For businesses targeting this market, understanding these dynamics is crucial. Platforms like Aritral can facilitate entry and expansion into China"s gemstone market by offering comprehensive B2B services, including Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, ensuring a competitive edge in this complex and evolving landscape.