Kenya"s gemstones market, particularly focusing on amber, has shown significant activity in 2023. As a central player in the trade of precious and semi-precious stones, Kenya"s export landscape is noteworthy for its strategic volume and value management. In 2023, Kenya exported 782,135. 21 kg of precious and semi-precious stones, with a total value of $3,720,881. 072. This marks a substantial increase from 2022, which saw exports of 270,610. 765 kg valued at $4,203,091. 269.
Despite the lower value compared to 2022, the increased trade volume suggests a shift towards larger quantities at potentially more competitive pricing, aligning with global demand trends for affordable yet high-quality gemstones. Amber, as a key commodity, fits into this trend. While specific data for amber alone isn"t isolated in the CSV, the overall rise in trade volume of precious stones indicates a robust export market that includes diverse offerings, amber being a significant part of it. On the import front, Kenya"s activities are minimal, with only 0. 8 kg imported in 2023, valued at $222. 443. This minimal import implies a strong domestic production capacity, reducing reliance on foreign sources for raw materials. Overall, the pricing trends suggest a competitive market positioning by Kenya, leveraging its rich gemstone reserves.
This strategy is likely aimed at enhancing its presence in the global gemstone market, attracting international buyers seeking both quality and value. For businesses exploring opportunities within Kenya"s gemstones market, Aritral provides an invaluable platform. As an AI-driven B2B marketplace, Aritral offers services such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management. This platform simplifies international trade, connecting buyers with key suppliers efficiently and effectively. "
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