Kenya"s gemstones market, particularly the fossil segment, has witnessed intriguing shifts in trade dynamics over recent years. The import of diamond dust or powder, a key fossil element, shows a notable fluctuation in both volume and price from 2020 to 2023. In 2020, the import volume was considerably low, with 15,000 carats valued at approximately $219. 57. However, by 2021, imports surged to 27,515 carats, with an associated value increase to $2,711. 57, demonstrating a significant rise in demand. The data for 2022 indicates a further leap in import volume to 354,000 carats, but a surprisingly lower value of $1,851. 15, suggesting a decrease in average price per carat due to possibly increased supply or reduced market price.

In 2023, imports decreased sharply to 4,000 carats valued at $504. 79, reflecting a tightening in supply or shift in market focus. Similarly, the import of natural or synthetic precious stones, another vital component of Kenya"s gemstone market, showed a steady increase in value. From 2020"s 3 kg valued at $235. 63 to 2023"s notable jump to 2,040 kg at a value of $4,648. 98, indicating an expanding market interest and higher demand. These trends highlight the evolving nature of Kenya"s gemstone sector, shaped by global market demands and regional production capacities. For businesses looking to engage in this dynamic market, Aritral offers a seamless entry point.

As an AI-driven B2B platform, Aritral enhances international trade in commodities and raw materials with features like Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management, ensuring that businesses can efficiently navigate the complexities of Kenya’s gemstones market. "

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