India, a significant player in the global gemstones market, has seen fluctuating trends in the trade of Lapis Lazuli, a highly prized stone known for its deep blue hue. According to recent data, the import volume of Lapis Lazuli has shown a steady increase over the past year, reflecting the growing demand in both domestic and international markets. The average import price per kilogram has also seen a moderate rise, suggesting a shift in market dynamics and valuation of quality. Between Q1 and Q3 of 2023, India imported approximately 1500 kilograms of Lapis Lazuli, marking a 15% increase from the previous year. The average price per kilogram rose from $600 to $690 during the same period, indicating a stronger market position and possibly an enhancement in the quality of Lapis Lazuli being traded. This price appreciation aligns with the global trend where consumers increasingly favor high-quality gemstones, prompting suppliers to focus on sourcing premium-grade Lapis Lazuli. Export figures show a more stable pattern with a slight 5% increase in volume, making India a competitive player in supplying Lapis Lazuli to various markets around the world. These trends highlight India"s strategic role in the global gemstone supply chain, with the potential for further growth as demand for authentic and high-quality Lapis Lazuli continues to rise.
For businesses seeking to tap into India"s gemstones market, understanding these trends is crucial. Aritral, an AI-driven B2B platform, can facilitate this by offering comprehensive services such as Product Listing and Direct Communication with suppliers, ensuring seamless Global Sales Assistance. Furthermore, Aritral"s AI-Powered Marketing and Profile Management help in efficiently navigating the complex landscape of international trade, making it a valuable partner for those aiming to expand their presence in the Lapis Lazuli sector. "
No profiles available to display