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Global Rough Ruby Market Share, Size, Growth, Forecast: By Carat: Up to 8 Carat, 8-12 Carat, 13-15 Carat, Others; By Sales Channel: Direct Auction, Indirect, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Rough Ruby Market Size
The global rough ruby market is expected to grow at a CAGR of 5.00% between 2024 and 2032, owing to the growing demand for jewellery and ornaments made with ruby stones.
Rough Ruby Market Outlook
- Gem traders are actively involved in sourcing rough rubies from different regions like Mozambique, Colombia, Brazil, Zambia, and Ethiopia.
- In 2023, India imported 27,698 shipments of ruby stones, the highest among all countries, followed by Hong Kong with 8,634 shipments and Japan with 6,769 shipments.
- As per industry reports, India exported USD 12.9 billion worth of precious stones in 2022, making it the 316th most traded product globally.
- The top exporters of precious stones in 2022 were Burma (USD 4.13B), Thailand (USD 1.37B), United States (USD 1.37B), Hong Kong (USD 858M), and India (USD 695M).
Rough Ruby Market Report Snapshots
Rough Ruby Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Rough Ruby Market Analysis
8.1 Key Industry Highlights
8.2 Global Rough Ruby Historical Market (2018-2023)
8.3 Global Rough Ruby Market Forecast (2024-2032)
8.4 Global Rough Ruby Market by Carat
8.4.1 Up to 8 Carat
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 8-12 Carat
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 13-15 Carat
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Rough Ruby Market by Sales Channel
8.5.1 Direct Auction
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Indirect
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Rough Ruby Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Rough Ruby Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Rough Ruby Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Others
11 Asia Pacific Rough Ruby Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 Thailand
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Vietnam
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Rough Ruby Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Mexico
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Others
13 Middle East and Africa Rough Ruby Market Analysis
13.1 Mozambique
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 Tanzania
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Kenya
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Global Rough Ruby Foreign Trade Analysis
15.1 Import By Top 10 Countries, Value & Volume, 2018-2023
15.2 Export By Top 10 Countries, Value & Volume, 2018-2023
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Gemfield Plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Gem Bridge
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Mwriti Limitada
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 FURA Gems
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Gem Rock
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Rough Ruby Market: Key Industry Highlights, 2018 and 2032
2. Global Rough Ruby Historical Market: Breakup by Carat (USD Million), 2018-2023
3. Global Rough Ruby Market Forecast: Breakup by Carat (USD Million), 2024-2032
4. Global Rough Ruby Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
5. Global Rough Ruby Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
6. Global Rough Ruby Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Rough Ruby Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Rough Ruby Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Rough Ruby Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Rough Ruby Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Rough Ruby Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Rough Ruby Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Rough Ruby Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Rough Ruby Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Rough Ruby Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Rough Ruby Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Rough Ruby Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Major Exporting Countries by Value
19. Major Importing Countries by Value
20. Major Exporting Countries by Volume
21. Major Importing Countries by Volume
22. Global Rough Ruby Market Structure
Key Questions Answered in the Report
The rough ruby market value is expected to grow at a CAGR of 5.00% between 2024 and 2032.
The major drivers of the market include the rising demand for jewellery and decorations featuring rubies and rising consumer disposable incomes.
The popularity of ruby stone in crystal healing, rising consumer belief in astrology, and growing demand of rough rubies in gemstone collections are the key trends propelling the growth of the market.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The value of a raw ruby depends upon the clarity and carat, with raw rubies of fine quality estimated to be worth USD 1,000 per carat.
The hue of the finest rubies ranges from bright, pure red to slightly purplish red. In most marketplaces, rubies with only red overtones sell for less money than those with orange and purple undertones.
Rubbing a rough ruby across a hard yet smooth surface such as glass can be an indication of authenticity as real rough rubies would not leave colour behind, whereas imitations may leave a colour residue.
Based on carat, the market can be segmented into up to 8 carat, 8-12 carat, and 13-15 carat, among others.
Based on sales channel, the market is segmented into direct auction and indirect, among others.
Key players in the market are Gemfield Plc, Gem Bridge, Mwriti Limitada, FURA Gems, and Gem Rock, among others.
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