Israel"s gemstone market is a dynamic sector, with a particular focus on the import and export of precious stones that are not diamonds, including meteorites. The latest data for 2024 indicates a significant emphasis on imports, with a total value of $10,864,000. This suggests a strong demand for unwrought or simply sawn precious stones, highlighting Israel"s position as a key player in the global gemstone trade. Interestingly, while the import figures are robust, the export data shows no recorded trade volume, which points to a potential strategic focus on building domestic inventories of gemstones, possibly to cater to rising local demand or to support further processing industries within Israel. The zero trade volume for exports could also indicate a market strategy where Israel is consolidating its gemstone stockpile, potentially to leverage future price increases in the global market. This approach could serve to enhance the country’s bargaining power and market influence in the future. The disparity between the import and export figures reflects a broader trend in the gemstone market, where countries often import raw materials to capitalize on value-added processes domestically, thus boosting local industry and employment. For businesses interested in tapping into Israel"s gemstones market, understanding these import trends is crucial.

Companies can capitalize on the growing demand by establishing direct contacts with suppliers in Israel. Aritral is an AI-driven B2B platform that can simplify this process. With tools for product listing, direct communication, global sales assistance, AI-powered marketing, and profile management, Aritral facilitates seamless international trade, especially in commodities and raw materials like gemstones and meteorites. "