Uzbekistan"s gemstones market, particularly the jade sector, has shown dynamic activity over recent years. Analyzing the latest trade data reveals significant trends in trade volumes and price movements for precious or semi-precious stones, including jade. In 2024, Uzbekistan exported approximately 705 kg of jade, generating $381,399. This marks a remarkable increase compared to 2023 when no exports were recorded, and 2022 when 390 kg were exported valued at $222,126. This surge in exports indicates a growing global demand for Uzbek jade and improved international trade relations. Re-exports have also been significant in 2024, with 575 kg valued at $312,579, suggesting that Uzbekistan is not only a producer but also a key player in jade re-exporting. Domestic exports contributed 130 kg, adding $68,820 to the national revenue. On the import side, 2024 saw a substantial rise with 41,919 kg of jade imported, valued at $591,327.

This represents a sharp increase compared to 2023"s 1,120 kg at $225,391. The increase in imports suggests a robust demand for unfinished jade in the domestic market, likely driven by local processing and value addition industries. Price trends exhibit volatility, with the per-kilogram price of imported jade rising from approximately $188 in 2022 to $14 in 2024. This drastic change highlights market fluctuations influenced by global supply conditions and domestic demand shifts. The Uzbekistan jade market is clearly on an upswing, driven by increased export and re-export activities, as well as a significant rise in imports. Companies looking to engage in this vibrant market can benefit from platforms like Aritral. As an AI-driven B2B platform, Aritral offers comprehensive services such as product listing, direct communication, global sales assistance, AI-powered marketing, and profile management, simplifying international trade in commodities like jade.