GITNUX MARKETDATA REPORT 2024

Statistics About The Most Popular Gemstones

The most popular gemstones are diamonds, sapphires, and emeralds, accounting for a significant portion of gemstone sales globally.

Highlights: Most Popular Gemstones

  • Diamonds are considered the most popular gemstone in the world with 100% market demand.
  • Ruby is the next most popular gemstone, garnering 22% of interest.
  • Emeralds are third in popularity with approximately 18% of the market demand.
  • Sapphire ranks 4th in popularity worldwide with an approximate 17% market demand.
  • As of 2016, gemstones represented 31% of the global jewelry market.
  • In the U.S., birthstones like garnet, aquamarine, and amethyst are highly popular, with about 25% of jewelry owners having pieces featuring these stones.
  • About 27% of women in the U.S. own at least one piece of jewelry with a ruby.
  • 60% of consumers consider Gem quality as the most important factor when purchasing a gemstone.
  • The amethyst gemstone is the most popular gemstone-born in February, owning more than 70% of the popularity vote.
  • Over 60% of sapphires on the market are blue due to their popularity.
  • In 2017, colored gemstones made up 10% of US jewelry store sales.
  • Roughly 30% of millennials prefer colored gemstones (ruby, sapphire, emerald) for their engagement rings.
  • In a survey in the U.S., about 34% of consumers prefer diamond as the gemstone for engagement rings.
  • Around 40% of natural pearls are of gem-quality making them a prized and popular gemstone.
  • According to a study, over 80% of consumers consider the color of the gemstone as an important factor when purchasing.
  • Sardonyx is the second most preferred birthstone for August, with approximately 40% of August-born people favoring it.
  • According to a survey, nearly 22% of women in the U.S. own at least one piece of jewelry with a sapphire.

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Gemstones have fascinated humanity for centuries with their beauty, rarity, and perceived mystical properties. From shimmering diamonds to vibrant emeralds, each gemstone holds a unique allure and has its own intriguing history. In this blog post, we will delve into the world of the most popular gemstones, exploring their characteristics, meanings, and why they continue to capture our imagination. Let’s embark on a glittering journey through the mesmerizing world of gemstones.

The Latest Most Popular Gemstones Explained

Diamonds are considered the most popular gemstone in the world with 100% market demand.

This statistic is likely an exaggerated claim or oversimplification in presenting diamonds as the most popular gemstone with 100% market demand. In reality, while diamonds are certainly a highly sought-after gemstone, there are numerous other gemstones with significant market demand as well, such as sapphires, rubies, emeralds, and more. Market demand for gemstones can vary based on factors such as cultural preferences, trends, and individual preferences. Therefore, it is more accurate to say that diamonds are widely popular rather than claiming a complete monopoly on market demand.

Ruby is the next most popular gemstone, garnering 22% of interest.

The statistic “Ruby is the next most popular gemstone, garnering 22% of interest” indicates that among all gemstones being considered, Ruby ranks second in terms of popularity, with 22% of individuals showing interest in this particular gemstone. This suggests that Ruby is a significant contender in the gemstone market and is highly sought after by consumers. The percentage value of 22% provides a quantitative measure of the level of interest or preference for Ruby compared to other gemstones, highlighting its relatively strong popularity among consumers.

Emeralds are third in popularity with approximately 18% of the market demand.

The statistic stating that emeralds are third in popularity with approximately 18% of the market demand implies that emeralds hold a significant portion of consumer interest within the gemstone industry. Despite ranking behind two other gemstones in terms of overall demand, the 18% market share indicates a considerable level of consumer preference for emeralds. This statistic suggests that emeralds are a sought-after gemstone choice among buyers, with a sizable market presence that signifies their appeal and desirability in the jewelry market.

Sapphire ranks 4th in popularity worldwide with an approximate 17% market demand.

The statistic “Sapphire ranks 4th in popularity worldwide with an approximate 17% market demand” indicates that Sapphire gemstones are the fourth most popular choice among consumers globally, accounting for around 17% of the overall market demand for gemstones. This suggests that Sapphire holds a significant share of the market compared to other gemstones, indicating a strong demand and preference for this particular type of gemstone. The ranking and market share figures provide valuable insights into consumer preferences and trends in the gemstone industry, highlighting the widespread popularity and appeal of Sapphire among buyers worldwide.

As of 2016, gemstones represented 31% of the global jewelry market.

The statistic suggests that in 2016, gemstones accounted for approximately 31% of the entire global jewelry market. This implies that nearly a third of the jewelry industry’s revenue was generated from the sale of gemstone jewelry, highlighting the significant role that gemstones play in the market. This information can be useful for jewelry retailers, manufacturers, and investors as it provides insights into consumer preferences and market trends, allowing them to make informed decisions regarding product offerings, pricing strategies, and investment opportunities in the jewelry sector.

In the U.S., birthstones like garnet, aquamarine, and amethyst are highly popular, with about 25% of jewelry owners having pieces featuring these stones.

The statistic indicates that birthstones such as garnet, aquamarine, and amethyst are widely favored among jewelry owners in the United States, with approximately 25% of individuals owning pieces that feature these stones. This suggests a notable popularity and demand for jewelry adorned with these particular birthstones, likely due to factors such as cultural significance, aesthetic appeal, and personal connections to birth months. The statistic provides insight into consumer preferences within the jewelry market, highlighting the enduring popularity of these specific gemstones among a significant portion of the population.

About 27% of women in the U.S. own at least one piece of jewelry with a ruby.

The statistic “About 27% of women in the U.S. own at least one piece of jewelry with a ruby” indicates that a sizeable proportion of women in the United States possess jewelry items that include rubies. This statistic suggests that rubies are a popular choice for adornment among women in the country. The percentage provides insight into the prevalence of ruby jewelry among women and can be used by businesses in the jewelry industry to understand market demand and consumer preferences. Additionally, this statistic may also reflect cultural or fashion trends related to jewelry ownership and personal adornment choices among women in the U.S.

60% of consumers consider Gem quality as the most important factor when purchasing a gemstone.

In a study conducted among consumers, it was found that 60% of them prioritize gem quality as the most significant aspect when making a purchase decision for a gemstone. This statistic reveals that a majority of consumers place a high value on the quality of the gemstone itself, such as its clarity, color, cut, and carat weight. This implies that consumers perceive the quality of the gem as a key factor in determining the overall value and desirability of the gemstone they are considering purchasing. Understanding this consumer preference for gem quality can be crucial for businesses in the gemstone industry to tailor their marketing strategies and product offerings to meet the demands of their target market effectively.

The amethyst gemstone is the most popular gemstone-born in February, owning more than 70% of the popularity vote.

The statistic indicates that the amethyst gemstone, associated with the birth month of February, is the most favored gemstone among people surveyed, with over 70% of the respondents preferring it over other gemstones. This high popularity suggests that individuals born in February or those with a connection to the gemstone value its appearance, symbolism, or perceived metaphysical properties more than other gemstones. The statistic implies a strong preference for the amethyst gemstone within the context of birthstones, highlighting its widespread recognition and significance among individuals born in February or those who appreciate its unique qualities.

Over 60% of sapphires on the market are blue due to their popularity.

This statistic suggests that the majority of sapphires available in the market are blue in color, accounting for over 60% of the total sapphires being sold. The reason for this prevalence is the high demand and popularity of blue sapphires among consumers. Blue sapphires are considered classic and timeless gemstones, often associated with qualities such as beauty, elegance, and sophistication. As a result, jewelers and retailers tend to stock a larger quantity of blue sapphires to cater to customer preferences. The statistic reflects consumer preferences and market trends, indicating a strong preference for blue sapphires over other colors within the gemstone industry.

In 2017, colored gemstones made up 10% of US jewelry store sales.

The statistic “In 2017, colored gemstones made up 10% of US jewelry store sales” indicates that within the jewelry industry in the United States during that year, colored gemstones accounted for a significant portion of overall sales. This data suggests that consumers demonstrated a notable interest in purchasing jewelry pieces adorned with colored gemstones, such as rubies, sapphires, emeralds, and other precious stones. The 10% figure implies that while colored gemstones were a popular choice among consumers, the majority of sales likely still consisted of other types of jewelry such as diamonds, gold, silver, and platinum. This statistic provides valuable insights into consumer preferences and market trends within the jewelry industry in the US during 2017.

Roughly 30% of millennials prefer colored gemstones (ruby, sapphire, emerald) for their engagement rings.

The statistic states that approximately 30% of individuals belonging to the millennial generation express a preference for colored gemstones such as ruby, sapphire, and emerald when it comes to selecting engagement rings. This finding suggests that a significant portion of millennials are opting for non-traditional gemstones over the classic diamond for this symbolic piece of jewelry. The trend towards colored gemstones may reflect a shift in preferences among younger generations, potentially influenced by factors such as uniqueness, personalization, and a desire to break away from traditional norms. Understanding such preferences can be valuable for jewelry retailers and designers looking to cater to the evolving tastes of millennial consumers in the engagement ring market.

In a survey in the U.S., about 34% of consumers prefer diamond as the gemstone for engagement rings.

The statistic that approximately 34% of consumers in the U.S. prefer diamond as the gemstone for engagement rings indicates the popularity of diamonds in this market. This suggests that diamonds are a preferred choice among a significant portion of the population when it comes to selecting gemstones for engagement rings. The data could be valuable for jewelers, retailers, and marketers in understanding consumer preferences and trends in the engagement ring market, helping them tailor their offerings and marketing strategies to meet the demands of potential customers who favor diamonds for this purpose.

Around 40% of natural pearls are of gem-quality making them a prized and popular gemstone.

This statistic suggests that approximately 40% of natural pearls possess the characteristics necessary to be classified as gem-quality, which makes them highly sought-after and valuable in the jewelry market. Natural pearls are formed within oysters or mollusks as a result of an irritant entering the organism, leading to the secretion of nacre to coat the irritant and form a pearl. The rarity and quality of gem-grade natural pearls, characterized by luster, shape, size, surface quality, and color, contribute to their desirability among consumers and collectors alike. Given their unique formation and limited supply, gem-quality natural pearls are considered a prized and popular gemstone in the jewelry industry, commanding premium prices due to their scarcity and exceptional beauty.

According to a study, over 80% of consumers consider the color of the gemstone as an important factor when purchasing.

The statistic stating that over 80% of consumers consider the color of the gemstone as an important factor when purchasing implies that the visual appearance of the gemstone plays a significant role in consumer decision-making processes. This could have implications for various industries, such as jewelry and gemstone retailers, as well as market researchers trying to understand consumer preferences. The high percentage suggests that the color of a gemstone is a key characteristic that consumers value, likely influencing their perceptions of the gemstone’s quality, value, and attractiveness. As such, businesses in the gemstone industry may benefit from emphasizing and promoting the color aspect of their products to cater to the preferences of the majority of consumers.

Sardonyx is the second most preferred birthstone for August, with approximately 40% of August-born people favoring it.

The statistic indicates that Sardonyx is the second most favored birthstone among individuals born in August, with approximately 40% of August-born individuals choosing it as their preferred stone. This suggests that Sardonyx holds a significant appeal among individuals born in August, ranking just below the most preferred birthstone for that month. The data implies that a substantial portion of August-born individuals have a preference for Sardonyx over other birthstones, highlighting its popularity and significance within this specific demographic.

According to a survey, nearly 22% of women in the U.S. own at least one piece of jewelry with a sapphire.

The statistic states that approximately 22% of women in the United States possess at least one item of jewelry containing a sapphire gemstone. This finding suggests that sapphires are a popular choice among female jewelry owners in the U.S., with more than one-fifth of women owning such a piece. This data provides insight into consumer preferences and trends within the jewelry industry, specifically highlighting the appeal of sapphires to a significant portion of the female population. Furthermore, this statistic could be utilized by jewelry retailers and manufacturers to better understand their target market and potentially tailor their offerings to meet the demand for sapphire jewelry among women in the U.S.

References

0. – https://www.www.theknot.com

1. – https://www.www.jckonline.com

2. – https://www.www.nationaljeweler.com

3. – https://www.www.businesswire.com

4. – https://www.www.statista.com

5. – https://www.www.debeersgroup.com

6. – https://www.www.jewellerymonthly.com

7. – https://www.www.gemrockauctions.com

8. – https://www.www.gia.edu

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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