Skip to main content

Jewellery Market Index

Gemstone Market

Coloured gemstone trade value trends from UN Comtrade HS 7103 data. This is a trade-value index, not a gemstone price index.

Important: This page shows the declared trade value of gemstone shipments (HS 7103) reported to UN Comtrade. It is not a gemstone price index. Proprietary price indexes such as GemGuide and IDEX cannot be reproduced here. Individual gemstone prices depend on species, origin, clarity, colour saturation, and treatment disclosure — none of which are captured in aggregate trade statistics.

Trade Value Indicators

Gemstone & Synthetic Stone Trade

Gemstone Trade Value (HS 7103)

Live

$8,174,717,622

USD

▼ 17.7% vs prev

Year-on-year: -17.7%

Annual data: 2025 · 2025

Source: UN Comtrade ↗

Synthetic Stone Trade Value (HS 7104)

Live

$3,162,318,019

USD

▼ 21.8% vs prev

Year-on-year: -21.8%

Annual data: 2025 · 2025

Source: UN Comtrade ↗

Chart

Gemstone Trade Value Trends (HS 7103 & 7104)

USD million — declared import/export value. Base year 2019 = 100 in index mode.

Loading…
View data table

Gemstone Trade Value (HS 7103)

Date USD
2025-12-31 8,174,717,622.0
2024-12-31 9,930,538,144.6
2023-12-31 12,010,401,151.5
2022-12-31 15,579,506,490.7
2021-12-31 9,072,957,843.1
2020-12-31 4,737,437,137.5
2019-12-31 8,484,119,583.7
2018-12-31 8,759,074,267.7
2017-12-31 9,112,752,111.6
2016-12-31 11,123,126,439.8

Synthetic Stone Trade Value (HS 7104)

Date USD
2025-12-31 3,162,318,018.7
2024-12-31 4,041,462,228.7
2023-12-31 5,552,872,985.0
2022-12-31 6,381,791,703.8
2021-12-31 4,609,874,812.6
2020-12-31 2,625,037,409.8
2019-12-31 2,240,425,629.9
2018-12-31 2,039,806,090.9
2017-12-31 1,625,751,763.6
2016-12-31 1,315,136,376.7

Context

What HS 7103 and 7104 Cover

HS 7103 — Precious and Semi-precious Stones

Covers natural rubies, sapphires, emeralds, alexandrite, and other precious and semi-precious stones, both rough and worked. Does not include diamonds (HS 7102).

HS 7104 — Synthetic and Reconstructed Stones

Covers synthetic gemstones, reconstructed stones, and cubic zirconia. Trade in this category has grown with laboratory-grown stone technology.

Transparency

Methodology & Sources

How Gemstone Trade Data Is Collected

What This Measures

Trade value figures are sourced from UN Comtrade — the official United Nations database of international merchandise trade statistics. Values represent the declared customs value of goods crossing borders, reported by importing and exporting countries. Coverage and accuracy depend on national customs reporting; some countries report late or incompletely.

Formula

Index Value = (Annual Trade Value ÷ 2019 Annual Trade Value) × 100

Base Year

2019

Index value = 100 in this year

Update Frequency

Annual data: typically available 6–12 months after year end. Monthly data where available: 3–4 months lag.

Data Sources

UN Comtrade

Official UN trade statistics database. HS 7103 covers precious and semi-precious stones; HS 7104 covers synthetic and reconstructed stones.

Notes

  • • Trade values are declared customs values. Actual transaction prices may differ due to transfer pricing, insurance, and freight terms.
  • • Not all countries report to UN Comtrade; global totals may understate true trade volumes.
  • • HS classification revision in 2022 may affect comparability of long time series.
  • • This is a trade-value index, not a gemstone price index. It does not track individual stone prices.

Data Source Status

gold-api

success

9 minutes ago

frankfurter

success

6 hours ago

comtrade

partial

1 month ago

usgs

success

1 month ago

kimberley

success

1 month ago

worldbank

success

1 month ago

Source data is stale

Master Artisans

Hand-crafted in 14K solid gold

Secure Checkout

SSL encrypted payment

Worldwide Delivery

Insured shipping to 50+ countries

Certified Authentic

Genuine precious metals

Concierge

We typically reply within 2 hours

Welcome to Frank & Label

How can we help you today? Ask about our jewellery, sizing, or orders.
Sending...

We use cookies to improve your online experience. By continuing to browse, you agree to our use of cookies.