Kenya"s gemstones market has demonstrated notable dynamism, particularly in the lapis lazuli segment. As of 2023, the country has significantly increased its export volume of unworked precious stones, including lapis lazuli, reaching 782,135. 21 kg, up from 270,610. 765 kg in 2022. This marks a substantial rise, reflecting Kenya"s growing stature as a key player in the gemstone trade, specifically in lapis lazuli, known for its deep blue hue. In terms of value, the total export earnings from these unworked stones amounted to $3,720,881. 072 in 2023, a slight decline from $4,203,091. 269 in 2022 despite a nearly threefold increase in volume.
This indicates a potential decrease in unit price, which could be due to market fluctuations or an increased supply affecting pricing dynamics. On the import front, Kenya has shown minimal activity, with only 0. 8 kg of these stones imported in 2023 at a value of $222. 443, down from 33. 65 kg worth $979. 017 in 2022. This suggests a strong domestic production capability, reducing reliance on imports and strengthening its export potential. The Kenyan lapis lazuli market offers opportunities for international buyers and suppliers, with a focus on establishing direct contacts and expanding market reach.
For businesses seeking to explore this market, identifying reliable suppliers is key to leveraging Kenya"s competitive export prices. Aritral, an AI-driven B2B platform, provides a comprehensive solution for businesses looking to navigate the complexities of Kenya"s gemstone market. By enabling product listing, facilitating direct communication with suppliers, and offering global sales assistance, Aritral enhances the trade of commodities like lapis lazuli. Its AI-powered marketing and profile management tools further streamline international trade efforts, making it an invaluable resource for businesses aiming to capitalize on Kenya"s rich gemstone offerings. "
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