Israel"s gemstone market, particularly for Lapis Lazuli, has shown a significant evolution in recent years. In 2024, the import value of unworked precious stones surged to $10,864,000 from $879,030 in 2023, reflecting a notable increase in demand. Conversely, exports of unworked stones only reached $20,000 compared to $677,000 in the previous year, indicating a potential shift in domestic consumption or stockpiling. Examining the trade of further worked precious stones reveals a robust export growth, climbing to $245,223,000 in 2024, up from $236,310,000 in 2022. Imports of these stones also rose significantly to $206,999,000 from $63,205,000 in 2022, suggesting a strong local market for finished gemstone products. The dynamics of Israel"s gemstone market are underpinned by its strategic position in global trade networks and a keen focus on high-value commodities like Lapis Lazuli. Fluctuations in import and export values highlight the responsiveness of the market to global demand and price shifts. For businesses seeking to capitalize on these trends, platforms like Aritral.

com offer valuable tools. Aritral provides an AI-powered B2B marketplace facilitating product listing, direct communication with suppliers, global sales assistance, and profile management, making it easier to navigate the complexities of international trade in gemstones.