Kenya"s gemstone market, particularly in charoite and other precious stones, has witnessed significant fluctuations in trade volumes and pricing from 2020 to 2023. The country"s export of precious and semi-precious stones, excluding diamonds, saw a remarkable surge in 2023, with 782,135. 21 kg exported, valued at $3,720,881. 072—a noteworthy increase from 2022 when 270,610. 765 kg were exported for $4,203,091. 269. This rise in volume accompanied by a reduction in value implies a potential decrease in per unit price, a critical point for stakeholders in pricing strategies. In contrast, the import of these stones remained negligible, with only 0.

8 kg imported in 2023, valued at $222. 443. This trend highlights Kenya"s strong domestic supply and export focus rather than dependency on imports, especially for raw stones like charoite. The trade of further worked rubies, sapphires, and emeralds presents a different narrative. Although the export volume in carats dropped significantly from 35,771,452. 763 carats in 2021 to just 184. 5 carats in 2023, the decrease in total export value from $1,898,803. 056 to $13,163.

848 suggests a major contraction in this segment. These data points underscore a shifting landscape in Kenya"s gemstone market, emphasizing the importance of strategic market positioning and pricing to capture value. For businesses seeking to tap into Kenya"s rich gemstone resources, platforms like Aritral. com offer invaluable tools. Aritral simplifies international trade with features such as AI-Powered Marketing and Global Sales Assistance, ensuring seamless connectivity between buyers and suppliers in the gemstone market. "