Precious Semi-Precious Stones Sample
Precious Semi-Precious Stones Sample
Precious Semi-Precious Stones Sample
Issue 01
September
2007
Disclaimer
This report has been prepared without formal editing, as a service to exporters and
industries in developing countries by the Market News Service (MNS), Division of
Product and Market Development, International Trade Centre UNCTAD/WTO.
The Market News Service (MNS) Precious & Semi precious Stones Quarterly Report presents
informative notes and statistical analysis on Precious & Semi precious Stones traded in major
international markets. First, the report is divided into a “market trend” section with
qualitative and quantities information for Precious & Semi precious Stones traded in major
international markets. Second, the report offers information and analysis for a selected number
of countries within the world gemstones market and reviews of published articles about the
industry. Third, it provides statistical information and analysis and price growth trends of
selected Precious and semi precious stones. Fourth it provides, directory of trade associations
and organisations of the sector. Finally it presents major international industry events,
exhibitions and conferences and index of information providers.
MNS information providers for Precious & Semi precious Stones include major importers,
wholesalers, auctions and organizations in various countries. Market information is collected
throughout the year and is available for transmission to subscribers on a quarterly basis.
The prices reflected in these reports are indicative only. Prices quoted should be considered
average only.
We welcome new sources of information, news that subscribers and readers might have on their
specific products or areas, inquiries or information requests on the products and markets
covered by the report as well as suggestions, remarks and indications on the report content.
For these purposes or for other information about the report and the Market News Service,
please contact mns@intracen.org. The author can be contacted at ajmera@intracen.org
To subscribe to the report or to access MNS reports directly online, please contact
mns@intracen.org or visit our website at: http://www.p-maps.org
The Market News Service is made available free of charge to all Trade Support Institutions and
enterprises in Sub-Saharan African countries under a joint programme of the International Trade
Centre and CBI, the Dutch Centre for the Promotion of Imports from Developing Countries
(www.cbi.nl).
MARKET TRENDS 2
MARKET TRENDS 6
India 6
Market Notes 6
Price Information 8
STATISTICAL INFORMATION 16
Price Development: Value indexes (in % to July 2005) 16
EVENTS CALENDAR 34
ANNEX 35
• All imported gems should contain clear documentation as to whether they are neutron-
irradiated, accelerator-irradiated, or not irradiated at all.
• Neutron-irradiated gems from U.S. reactors, which may have been exported, may be
imported by non- licensees if they were previously distributed in the U.S. under the
terms of an NRC distribution license.
• The documentation must state the name of the licensee and NRC distribution license
number. A reactor-operating license number is not sufficient.
Precious stones with American Gemmological Laboratories (AGL) colored stone grading reports
with positive identification only, no heat or clarity enhancement, ovals and cushions with ideal
parameters*. These prices are general indications only. Exceptional stones however can
command a high premium.
• For heated Thai ruby and heated/fracture filled “Mong Hsu Burma” ruby
deduct 60% from the above-mentioned prices.
• For Kashmir, add 100% to the above-mentioned prices; for heated Ceylon or
Madagascar, deduct 60% from the above-mentioned prices.
• For African and Brazilian emeralds, deduct 50% from the above-mentioned prices.
Clarity Scale
*Ideal Parameters
Emerald
If the piece is really strong in color with available few years back. Good pieces are
good to excellent transparency and clarity not available in sufficient quantity and
then a piece of 1 carat can even fetch US$ hence the prices have increased. Even after
1200.00 to US$ 1500.00 per carat. The the available material is not as good,
demand for emerald is constantly changing emerald is seeing a constant stable rise in
but definitely, the quality of material has prices.
decreased as compared to what it was
Ruby
Now ruby is a pretty complicated subject so that, the color-bearing ions inside the
these days as the majority of the stones ruby can be activated to release natural
which are available all over is treated with color from within and hence, the coloration
"lead glass filling" also known as beryllium is natural and permanent. There's a huge
treatment as it is one of the chemical difference in the prices of heat-treated and
mixture that goes in the ruby with liquid glass filled rubies. A piece of 1 carat glass
lead glass. In this treatment, the cracks and filled ruby would cost around US$ 20.00 to
fractures are filled with liquid glass in US$ 30.00 depending on the cutting and
combination with other solutions to remove clarity whereas, a similar piece of heat-
the appearance of cracks and fractures, and treated ruby can cost around 15 times
to improve the overall color. Now this higher. Due to glass filling treatment,
treatment is absolutely different from overall market prices of rubies have fallen
heating and is not considered acceptable, if because unless gemological certified, it’s
it is not declared clearly. Coloration and usually hard to identify a glass-filled ruby.
appearance decreases with time in this Glass filling has brought a bad name for
treatment. rubies among quality customers. Demand for
Heating on the other hand is an acceptable rubies has fallen slightly due to this factor.
treatment where the material is only heated
Sapphire
Strong colors can go over US$ 850.00 or sapphires has been stagnant, but there's a
more per carat. Overall demand for blue steady increase in the prices with the time.
Amethyst
US$ 8.00 to US$ 13.00 per carat for African even Brazilian can almost touch African
amethyst. Brazilian amethyst on the other prices, which is a rare case. The demand of
hand can be 40% to 50% less in price but amethyst is steady and hardly it has seen
then the color of Brazilian is not as any fall for the past few years. Prices are
pronounced as African. If the color is strong, also on a steady rise.
Aquamarine
Aquamarines are mostly heated and as it is are getting rare in aquamarine. Aquamarine
an acceptable and permanent treatment as has seen a price hike of 1.5 to 3 times within
stated earlier, most customers are not the past 2 years for medium to strong
bothered by this treatment. Strong colors shades. Demand is steady.
Citrine
The demand for citrine has dropped by 50% reason for this slowdown is that yellow color
to 70% for a continuous of 5 years and is not in fashion for some years. Still, the
there's hardly any sign currently, for a interesting part is that prices of citrine have
considerable pick-up. The most obvious not dropped with the fall in demand.
Peridot
Peridot is the only semi-precious stone, Chrome Tourmaline, Tourmaline Rubelite,
which has grown fastest in terms of pricing Bi-color Tourmaline
in the past 5 years for bigger sizes. These
bigger sizes, which might not be called big Prices of rubellite have also shot up but 2 to
for other semi-precious stones, are 3 times in the past 3 years. Most of the
considered big for peridots because they are rubellite available in the market comes with
hardly available. India has almost lost the a brown hue and strong shades are becoming
peridot market to Thailand and China, which a rarity. Prices can start from US$ 125.00
are by far the biggest manufacturing centers per carat and go upto US$ 250.00 per carat
for peridot in the world. Although, most of for good to strong shades. The demand for
the peridot cut and polished there comes good quality rubellites is on a rise.
from the mines in China, which is of a
relatively low-grade material in comparison Bi-color tourmaline in good to strong shades
to the mines in Arizona (USA) and Myanmar. can be from US$ 85.00 to US$ 125.00 per
Some good quality peridot also comes from carat. It can go slightly more depending on
Pakistan and Afghanistan. Prices can be from the concentration and combination of
US$ 28.00 to US$ 38.00 for 5 carat pieces in colors. Lighter or grey-hued stones can
medium shades depending on the cutting range from US$ 28.00 to US$ 50.00 per
and clarity. Strong colors can cost from US$ carat. Demand is not great for bi-color
60.00 to US$ 85.00 or slightly more. tourmalines and customers mostly prefer
good to strong colors.
Other Stones
Pyrope garnet and rhodolite garnet in good pieces in good quality are getting a bit
quality are always demanded. Bigger sized difficult to acquire these days and both
Price Information
Average Prices of selected Precious & Semi- precious stones in India
and China
Gemstone Colour Color description Weight China India
type pattern cts Average Average
value, USD value, USD
Alexandrite color change: medium 1 650 700
Green-Blue or Blue-
Green; very slightly
greyish / medium
reddish Purple; very
slightly brownish
Emerald medium dark very 1 450 300
slightly bluish Green;
strong
Values are average values calculated for several local markets. All data is
calculated as an approximation of global trend. Generally, the deviations from the
average value are within +/- 15-20% for the most part of local markets, unless
there is a strong demand for a particular stone.
Source: Gemval
Source: Reuters
Mozambique Pariba
With colours ranging from bright mint green Prices of the Mozambique pariba is set to
to intense robin’s egg blue, the Mozambique incline as, only 10% of the total find at
Pariba is still fetching much attention. With Shalawa area of Nampula province just north
prices ranging from $5,000 - $8,000 per of Zambezia, where these tourmalines are
carat as against the Brazilian Pariba which found, exhibit the neon glow of paraiba
ranges from $30,000 - $40,000 per carat. colours
Colour in demand
Green has come back into fashion and demand for stones such as Emerald, Tsavorite garnet,
peridot, onyx, green tourmaline, green fluorite and jadeite is on an upswing.
Alexandrite2:
Sapphire3:
2
Alexandrite 2.00cts Colour: colour change: medium Green-Blue or Blue-Green; very slightly greyish / medium
reddish Purple; very slightly brownish
3
Sapphire 3.00cts Color: medium Blue; strong (heated)
Emerald5:
4
Ruby 2.00cts Color: medium strongly purplish Red; strong (Burma, heated)
5
Emerald 3.00cts Color: medium dark very slightly bluish Green; strong
Spessartite garnet7:
6
Tsavorite 3.00cts Color: medium dark Green; strong
7
Spessartite 7.00cts Color: medium reddish Orange; strong
Spinel9:
8
Tanzanite 7.00 cts Color: medium bluish Violet; strong
9
Spinel 7.00 cts Color: medium Blue; very slightly greyish
Citrine11:
10
Amethyst 16.00 cts Color: medium dark bluish Purple; strong
11
Citrine 16.00 cts Color: medium light Yellow; strong
Peridot13:
Source: Gemval
12
Aquamarin 10.00cts Color: light Green-Blue or Blue-Green; strong (unheated)
13
Peridot 7.00cts Color: medium dark slightly yellowish Green; strong
North America
Accredited Gemmologists Association
Tel: +1-619-501-5444
Web: http://accreditedgemologists.org/
South America
Brazil
AJESP – Associação dos Joalheiros do Estado de São Paulo
Address: Rua Teixeira da Silva, 433 - Paraíso CEP 04002-031, São Paulo - SP
Tel: (11) 3016-5850
Fax: (11) 3016-5850
Web: www.ajesp.com.br
E-mail: ajesp@ajesp.com.br
Peru
ADEX
Associacion de Exportadores
Av. Javier Prado Este Nr. 2875 , Lima 41, Peru
Tel: +51 11 618 3333
Fax: +51 11 346 1879
E-mail : postmaster@adexperu.org.pe
Czech Republic
Czech Gemological Association (CGA)
P.O. Box 72, Turnov 51101, Czech Republic
Tel: +420 481 321 729
Fax: +420 481 321 729
E-mail: michalkoselja268@msn.com
Denmark
Guldsmedefagets Faellesråd
Kongevejen 270, DK-2830, Virum, Denmark
Tel: +45 45 83 52 11
Fax: +45 45 83 06 11
E-mail: jrm@guldsmed.dk
France
Union française de la Bijouterie, Joaillerie, Orfèvrerie, des Pierres & des Perles
58, rue du Louvre, 75002 Paris, France
Tel: +33 01 40 26 98 00
Fax : +33 01 40 26 29 51
E-mail : info@bjop-france.com
Germany
Federation of German Jewellery, Watches, Clocks, Silverware and Related Industries
Zerrennerstr. 32, 75172 Pforzheim, Germany
Tel: +49 7231 33041
Fax: +49 (7231) 35 58 87
E-mail: due@bv-schmuck-uhren.de
Bundesverband der Importeure und Exporteure von Edelsteinen und Perlen e.V.
Zerrennerstr. 32, 75172 Pforzheim, Germany
Tel: + 49 7231 42 55 82
Fax: + 49 7231 42 55 83
E-mail: due@bv-schmuck-uhren.de
Greece
Hellenic Federation of Silversmiths, Goldsmiths Jewellers & Watch Retailers
20, Lekka str., 105 62 Athens, Greece
Tel: +30 210 32 29 047
Fax: +30 210 32 29 047 / 210 3248931
E-mail: povako@acsmi.gr
Italy
Federargentieri
F.N. Fabbricanti Argentieri
Viale Scarampo, 45, 20148 Milano, Italy
Tel: +39 02 33003233 / 02 33003671
Fax: +39 02 33003382
E-mail: federargentieri@iol.it
Federpietre
F.N. Commercianti in Diamanti, Perle, Pietre Preziose e Lapidari
Viale della Repubblica, 3/D, 15048 Valenza, Italy
Tel: +39 0131 942881
Fax: +39 0131 942881
E-mail: federpietre@libero.it
Lithuania
Lietuvos Prabavimo Rumai
Lithuanian Assay Office, Ciurlionio 65, LT-4690 Druskininkai, Lithuania
Tel: +370 313 5543
Fax: +370 313 55437
E-Mail: centras@lpr.lt
Netherlands
Nederlands Edelsteen Laboratorium (Netherlands Gemmological Laboratory)
National Museum of Natural History Naturalis, PO Box 9517, 2300 RA Leiden, Netherlands
Tel: +31 71 568 7596
Fax: +31 71 568 7666
E-mail: Zwaanj@naturalis.nnm.nl
Norway
Norges Gullsmedforbund
Storgaten 14, N-0184 Oslo, Norway
Tel: +47 22 34 8900
Fax: +47 22 34 89 19
E-mail: alfsen@gullsmed.no
Portugal
Association for the Jewellery and Watchmaking Industry of the North
Av. Rodrigues de Freitas, 204, 4000 - 416 PORTO, Portugal
Tel: + 351 225 379 161 / 2 / 3
Fax: + 351 225 373 292
E-mail: aiorn@mail.telepac.pt
Laboratórios GEM
Gemas e Metais Nobres, Lda, R.Alto da Bonita, 132, 2710-185 Sintra, Portugal
Tel: +351 219 242 468
Fax: +351 219 242 468
E-mail: info@labgem.org
Switzerland
Union de la Bijouterie et de l'Orfèvrerie Suisse (UBOS)
Schmiedenplatz 5, Postfach 258, CH-3000 Bern 7
Tel: +41 31 329 20 72
Fax : +41 31 329 20 75
E-mail : info@ubos.ch
United Kingdom
National Association of Goldsmiths
78a Luke Street, London, EC2A 4XG
Tel: +44 20 7613 4445
Fax: +44 20 7613 4450
E-mail: cibjo@jewellers-online.org
Asia
Bahrain
Directorate of Precious Metals & Gemstone Testing
Ministry of Commerce, P.O. Box 5479, Kingdom of Bahrain
Tel: +973 522931/3
Fax: +973 536277
E-mail: METALGEM@commerce.gov.bh
China
National Gemstone Testing Center
19 Xiaohuangzhuang Road, Andingmenwai Street, Beijing 10013, P. R. China
Tel: +86 10 84273637
Fax:: +86 10 84274845
E-mail: gems@163bj.com
China National Pearl Diamond Gem & Jewellery Import & Export Corporation
China Arts & Crafts Building, 5th Floor, China Arts & crafts Building, Jixiangli Chaoyangmenwai,
Beijing 100020
China
Tel: +86-10-65513990
Fax: +86-10-65531064
E-mail: info@sinogem.com.cn
Hong Kong
Hong Kong Jewelry Manufacturers' Association
Unit G, 2/F, Kaiser Estate Phase 2 , 51 Man Yue Street, Hunghom, Kowloon, Hong Kong
Tel: +852 2122 5087 / +852 2766 3002
Fax: +852 2362 3647
Web: www.jewelry.org.hk
E-mail: secretariat@jewelry.org.hk
India
The Gem & Jewellery Export Promotion Council
Diamond Plaza, 5th floor, 391-A Dr. D.B. Marg, Mumbai-400 004
Tel: +91 22 2382 1801/ +91 22 2380 6916
Fax: +91 22 2380 8752/4958
Web: www.gjepc.org
E-mail : rswamy@gjepcindia.com
Israel
IJMA Israel Jewelry Manufacturer Association
91 Hacarmel St., Kfar-Sava, IL- 44231, Israel
Tel: + 972-9-7650889/ +972-9-7650889
Japan
Japan Jewellery Association
5F Jeweller's Town Aurum, 26-2 1-Chome Higashiueno, Taito-ku Tokyo 110-8626, Japan
Tel: +81 3 3835 856
Fax: +81 3 3839 6599
Web: www.jja.ne.jp
E-mail: info@jja.ne.jp
Lebanon
Syndacat des Bijoutiers et des Joailliers du Liban
Sodeco Square, Bloc B, B.P. 17-5465, Beyrouth, Liban
Tel: + 961 1 61 20 70
Fax : + 961 1 61 20 70
E-mail: jewelorg@dm.net.lb
Malaysia
North Perak Goldsmith Merchants Association
2nd Floor, 62 Market Road, Taiping, 34000 Peark, Malaysia
Pakistan
All Pakistan Gem Merchants & Jewellers Association (APGMJA)
1st Floor, Gems & Jewellery Trade Center , Blenkin Street, Off: Zaibunnisa Street, Saddar,
Karachi 74400
Pakistan
Tel: +92 21 5210 400
Fax: +92 21 5682 970
E-mail: apgmja@cyber.net.pk
All Pakistan Commercial Exporter Association of Rough and Unpolished Precious & Semi
Precious stones
Al-Jalil Market, Namak Mandi,
Peshawar-Pakistan
Tel: +92-91-2213396, Fax: +92-91-2213520
Web: http://www.gems.com.pk
Email: apceap@brain.net.pk
Saudi Arabia
Dean of Jewellers of the City of Jeddah
Farsi Building, Al Boghdadiah-Jeddah,
P.O. Box 17848,
South Korea
Korean Gem Trade Association
Insan Bldg. #404, 164-2 Waryong-dong, Jongro-gu, Seoul 110-360, Korea
Tel: +822-744-1266
Fax: +822-744-1267
Web: www.kgta.co.kr
E-mail: icakorea@kornet.net
Sri Lanka
Sri Lanka Gem & Jewellery Association
267/19, Galle Road, Colombo 03, Sri Lanka
Tel: +94 11 2565550/ 2575655
Fax: +94 11 257 4330
E-Mail : slgja@sltnet.lk
Thailand
Thai Gem and Jewelry Traders Association
919/616 Jewelry Trade Center Building, 52nd Floor,
Silom Road, Bangrak, Bangkok, Thailand
Tel: + 66 2 630-1390-7
Fax: + 66 2 630-1398-9
Web: www.thaigemjewelry.or.th E-mail: tgjta@thaigemjewelry.or.th
Africa
Egypt
Egyptian Association of Jewellers
90 Azhar Street , Cairo, Egypt
Tel: +202 3917780 / +202 23913044
Fax: +202 7954214
E-mail: info@sirgany.com
Madagascar
South Africa
The Jewellery Council of South Africa
Suite 105, SA Diamond Centre, 240 Commissioner Street, Johannesburg, 2001, South Africa
Tel: +27 11 334 1930
Fax: +27 11 334 1933
Web: http://www.jewellery.org.za
E-Mail: admin@jewellery.org.za
Zambia
Association for the Empowerment of Women in Gemstone and Mineral Mining
Plot No. 11296,
Nchoncho/Washama Roads light industrial area,
Villa Elizabetha, Lusaka
Web: http://www.zambiamining.co.zm/afgwigmm
Gemval.com
http://www.gemavl.com
Contact: info @ gemval.com
Pala International
912 So. Live Oak Park Rd.
Fallbrook, CA 92028
USA
Tel: 800-854-1598; 760-728-9121
Fax: 760-728-5827
Organics
Covers fruits and vegetables, fruit juice, coffee, tea, honey,
essential oil & oleoresins, and spices.