Italy"s lapis lazuli market exhibits a dynamic trade environment, with significant fluctuations in trade volume and price over recent years. In 2024, Italy"s import volume for unworked precious stones, including lapis lazuli, reached 36,261. 419 kg, valued at $10,238,977, marking a substantial increase from 2023"s import volume of 31,813. 732 kg, valued at $8,214,302. This upward trend suggests a strengthening demand for lapis lazuli in Italy, likely driven by its diverse applications in jewelry and art. On the export front, the figures for 2024 indicate a slight decrease in volume, with 4,653. 276 kg exported, compared to 9,241. 996 kg in 2023.
However, the export value increased to $1,451,988 from $1,602,607 the previous year, reflecting a rise in the price per unit, potentially due to enhanced quality or heightened global demand. Further analysis reveals that Italy’s re-exports remain minor in terms of volume but show a notable increase in value, with 17 kg valued at $109,008 in 2024, compared to 23 kg valued at $8,717 in 2023. This discrepancy highlights possible strategic re-exports of higher-value stones or shifts in market focus. While import volumes for further worked stones, such as rubies, sapphires, and emeralds, experienced a decline from 3,837,780 carats in 2023 to zero in 2024, the market compensated with increased domestic exports, demonstrating Italy’s shift towards value-added processing and re-exportation. Aritral is an AI-driven B2B platform that facilitates seamless international trade in commodities like lapis lazuli, providing tools for product listing, direct communication, and AI-powered marketing. This makes Aritral an invaluable resource for businesses looking to enter or expand within Italy"s competitive gemstones market.
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