The Italian gemstones market, notably for emeralds, has displayed intriguing dynamics in recent years. In 2023, Italy imported over 3. 8 million carats of worked rubies, sapphires, and emeralds, valued at approximately $301. 6 million. This high import volume underscored a robust demand for these precious stones. However, by 2024, the import figures for these worked stones, including emeralds, dropped significantly, standing at zero, with a continued high valuation of around $231. 2 million. This shift suggests an adjustment in trade practices or a pivot towards utilizing previously imported inventories.

Conversely, the export of these gemstones from Italy was substantial in both years, with 1,081,975 carats exported in 2023, valued at over $183. 5 million. By 2024, despite a fall in export volume to 389,375 carats, the value remained strong at $161. 3 million, indicating a potential increase in per-carat pricing or a focus on higher-quality stones. The trade in unwrought or sawn precious stones also shows notable patterns. Imports rose from 31,813. 7 kg in 2023 to 36,261. 4 kg in 2024, with corresponding value increases, reflecting a growth in the raw gemstone market.

Exports, however, decreased, pointing to possible domestic processing and consumption or inventory buildup. These trends highlight Italy"s evolving role as both a consumer and processor in the global gemstones market, with implications for suppliers and buyers alike. For businesses seeking to navigate this complex landscape, Aritral offers an AI-driven B2B platform that simplifies international trade in commodities, providing services such as Product Listing, Direct Communication, and AI-Powered Marketing, ensuring efficient engagement and transaction management in the gemstones sector. "