In 2024, Pakistan"s gemstone market demonstrated significant activity, particularly in the trade of charoite, a semi-precious stone. The data reveals a marked increase in both import and export activities compared to previous years, highlighting a dynamic market environment centered around this unique commodity. The trade volume of unworked precious and semi-precious stones, excluding diamonds, showed a notable uptrend in 2024. Imports reached 879. 543 kg with a total value of $928,143. 54, reflecting a significant rise from 2023 when imports were just 136. 113 kg valued at $177,772. 84.

This sharp increase suggests growing demand and possibly a competitive market scenario that is attracting international sellers to Pakistan. On the export front, the figures are even more striking. In 2024, Pakistan exported 734. 301 kg of such stones, generating $4,521,931. 63. Although this represents a decrease from 2023’s export volume of 1,917. 593 kg, it marks a recovery in value terms from previous years, indicating a higher price per kilogram and, consequently, increased profitability for exporters. For the ‘Rubies, sapphires, emeralds further worked’ category, 2024 exports were modest in comparison, totaling 3,475 carats valued at $86,067.

55. This shows a diversification in Pakistan"s gemstone exports, with a focus on both volume and value-oriented segments. This data-driven insight into Pakistan’s gemstone market reveals a complex landscape influenced by international demand and local economic conditions. The upward trend in charoite imports and stable exports underscores Pakistan"s role as a key player in the West Asian gemstone trade. For businesses looking to explore trade opportunities in Pakistan"s gemstones market, Aritral offers a comprehensive B2B platform. With features like Product Listing, Direct Communication, and AI-Powered Marketing, Aritral simplifies the process of connecting with potential buyers and sellers, thus facilitating more effective trade relationships.