Kenya"s gemstone market, particularly for turquoise, has shown significant activity in 2023, reflecting broader trends in the precious stones sector. Recent data indicates a substantial shift in the trade volume and value of precious stones, excluding diamonds, which includes turquoise. In 2023, Kenya exported 782,135. 21 kg of these stones valued at $3,720,881. 072. This represents a remarkable increase from the 270,610. 765 kg exported in 2022, which was valued at $4,203,091. 269.

The price per kg of exported stones has decreased slightly, indicating a possible oversupply or increased competition in the global market. The import figures for 2023 reveal a stark contrast, with just 0. 8 kg of these stones being imported, valued at $222. 443. This low import volume suggests that Kenya predominantly relies on its domestic production to meet both local and international demands, thereby reinforcing its position as a net exporter of precious stones. This dynamic is further illustrated by the export of worked rubies, sapphires, and emeralds. In 2023, only 184. 5 carats were exported, valued at $13,163.

848, a sharp decline from previous years. This suggests a strategic shift towards exporting raw stones, possibly due to higher demand or better pricing in the unworked category. As global markets continue to evolve, the role of platforms like Aritral becomes increasingly vital. Aritral, an AI-driven B2B platform, streamlines international trade by offering services such as Product Listing, Direct Communication, Global Sales Assistance, AI-Powered Marketing, and Profile Management. Such innovations not only facilitate better market access for Kenyan turquoise but also empower suppliers with tools to enhance their competitiveness on the global stage. By leveraging these technological advancements, Kenya"s gemstone industry can continue to thrive and expand its reach across international markets.