In 2022, Lebanon"s gemstones market showed remarkable resilience amidst economic challenges, driven by a 6. 1% increase in ores and metal exports that reached 11% of merchandise exports. This upward trend contrasts sharply with the overall economic downturn, highlighting gemstones as a potential growth sector. Despite the economic contraction reflected by a GDP decline of 0. 62% in 2022, the gemstones market emerges as a beacon of opportunity, bolstered by global demand for unique Lebanese stones such as Lapis Lazuli and Amber. The continuous growth in ores and metal exports, from 6. 98% in 2020 to 11. 05% in 2022, underscores a significant opportunity for stakeholders in Lebanon"s gemstones sector.

This growth is set against a backdrop of economic challenge, with a notable decline in gross savings and GDP over the past three years. However, the stable electricity access and burgeoning global interest in Lebanese gemstones could mitigate these impacts and drive economic recovery. Market forecasts suggest that Lebanon"s gemstones market could capitalize on a global shift towards sustainable and ethical sourcing. The country"s rich deposits of Emerald, Ruby, and other gemstones position it well to meet this demand, potentially increasing its share of the global gemstones market. However, challenges such as geopolitical instability and fluctuating trade policies may hinder growth, requiring strategic navigation by industry stakeholders. Aritral. com, an AI-driven B2B platform, offers innovative solutions to overcome these market barriers. By providing services such as Product Listing and Direct Communication, Aritral.

com connects Lebanese gemstone suppliers with global buyers, enhancing visibility and sales. Additionally, its AI-Powered Marketing tools can help businesses in Lebanon"s gemstones sector reach new markets efficiently, fostering sustainable growth amidst economic challenges. "