Israel"s gemstone market, particularly the amber sector, has shown significant fluctuations in trade activity over the recent years. The data from 2020 to 2024 reveals trends that highlight Israel as a dynamic hub for gemstone trading, albeit with varying degrees of import and export activities. In 2024, the import value of precious and semi-precious stones, including raw amber, surged to $10,864,000, a substantial increase from $879,030 in 2023. This upward trajectory is indicative of a strong demand for these commodities in the local market, possibly driven by the thriving jewelry and luxury goods sector. Exports of these stones followed a different pattern. After peaking at $677,000 in 2023, the value of exports in 2024 dropped to $20,000. This decline could suggest a shift in focus towards domestic consumption or a strategic stockpiling of raw materials. Further refined gemstones such as rubies, sapphires, and emeralds also witnessed fluctuations.

The import value decreased from $1,352,055 in 2023 to $768,000 in 2024, indicating a potential saturation in the market or a strategic procurement approach. Meanwhile, exports increased from $231,001 in 2023 to $92,000 in 2024, reflecting a shift towards exporting more value-added goods. Other precious stones showed robust trade activity, with exports reaching $245,223,000 in 2024, compared to $277,289,704 in 2023. Imports also climbed to $206,999,000 in 2024 from $58,916,583 the previous year, underscoring Israel"s role as a significant player in international gemstone trade. For businesses looking to engage in Israel"s gemstone market, Aritral. com offers a comprehensive B2B platform that simplifies international trade. With features like AI-powered marketing and global sales assistance, it connects buyers with suppliers, enabling efficient market entry and expansion. "