Yemen"s turquoise market is emerging as a significant player in the global gemstone trade, driven by the country"s rich geological resources. Recently, analysis of trade volume and pricing trends reveals intriguing dynamics that could shape the future of this sector. According to the latest data, Yemen has experienced fluctuations in turquoise export volumes, with a notable increase in the past year. The demand from international markets, especially in West Asia, has been a contributing factor. In terms of pricing, the average price per carat has seen a modest but steady rise, reflecting the growing global appreciation for the unique quality of Yemeni turquoise. These price trends are indicative of both increased demand and the challenges in the supply chain, largely due to geopolitical factors and limited access to advanced extraction technologies. The variability in export volumes also points to seasonal mining conditions and logistical hurdles that suppliers face. The market outlook for 2025 suggests a cautiously optimistic scenario, with potential growth driven by improved trade relations and investments in mining infrastructure.

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