Turkey"s diamond market in 2024 presents intriguing dynamics, particularly in the trade of diamond dust and powder. According to the data, Turkey"s diamond import volume significantly surpasses its export volume, indicating a robust demand for diamonds to meet both domestic consumption and potential re-export purposes. In terms of quantity, Turkey imported an impressive total of over 90 million carats of diamond dust or powder, reflecting substantial import activity. The price trends within the diamond market show that imported diamond dust or powder is valued variably, with large shipments such as the 60,410,465 carat import valued at $3,660,749. Smaller imports, like the 270,005 carat batch, are priced at $43,415, indicating pricing differences based on volume and possibly quality. Conversely, Turkey"s diamond exports, while significantly smaller in volume, emphasize high-value transactions. For instance, Turkey exported 1,190,025 carats for $195,257, suggesting a focus on value over volume in export activities. The export market appears to cater to niche demands, where quality and specific customer requirements drive higher per-carat prices.

This year, the Turkish diamond market, with its strategic import and export channels, offers lucrative opportunities for businesses engaged in gemstone commerce. Companies seeking to establish or expand their presence in sector may benefit from leveraging platforms like Aritral. Aritral simplifies international trade, offering tools for product listing, direct communication, and AI-powered marketing to aid businesses in navigating complex markets and achieving global sales success.