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United States Gemstone Production / Imports / Exports



United States
Gemstones
United States Gemstones US Diamond Mines US Gemstone Mines
US Synthetic Gemstones US Gemstone Production / Imports / Exports



There are many interesting types of gemstones produced in the United States and many significant deposits. However, when US mine production numbers are compared to US gemstone consumption, domestic production numbers are trivial. In 2005 the United States produced about $14 million worth of gemstones but had an apparent consumption of nearly $8.4 billion. That means that the United States consumed a lot more gemstones than it produced.

United States Statistics (millions of dollars)
2001
2002
2003
2004
2005
Natural Gemstone Production
14.9
12.6
12.5
14.5
13.9
Laboratory-Created Gemstone Production
24.7
18.1
33.4
30.7
44.3
Imports for Consumption
11,300
12,900
13,600
15,400
16,900
Exports and Reexports
4,320
4,880
5,490
7,230
8,580
Apparent Consumption
7,020
8,050
8,160
8,220
8,380


According to the USGS Mineral Commodities Summary, there were about 1,200 people employed at US gemstone mines during 2005. That number understates the amount of effort and interest in domestic gemstone production. Each year thousands of gemstone collectors, prospectors, rockhounds and other interested people visit hundreds of pay-to-dig mines across the United States. Most states probably have several pay-to-dig mines where anyone can visit, pay $10 or so and try their luck at finding some nice gems. Many of these mines are visited by thousands of people per year (For an example of a pay-to-dig mine, see the Geology.com article on Herkimer Diamonds.)

Even though the pay-to-dig fee is very small these operations produce a substantial amount of local commerce, once the price of hotel rooms, campgrounds, restaurants, gasoline and on-site purchases of everything from work gloves to goggles to Gatorade are considered. The business generation value is probably ten times the pay-to-dig fee.

The main reason why the US has such a gemstone trade imbalance is that value is concentrated in diamond jewelry and our domestic production of that stone is insignificant. The two upsides for the United States are: 1) at least one domestic diamond mine is a future possibility, and 2) US gemstone miners should have very little trouble selling their production in the domestic market.


Sources of Gemstone Information:



Information used to prepare this article was obtained from a variety of sources. Geological survey websites are a good place to start if you are looking for information about the resources of a specific geographic area. If you are searching for information on specific commodities the Minerals Yearbook published by the U.S. Geological Survey can be an excellent source. A summary document is U.S. Bureau of Mines Special Publication 14-95: "An Overview of Production of Specific U.S. Gemstones".


United States
Gemstones
United States Gemstones US Diamond Mines US Gemstone Mines
US Synthetic Gemstones US Gemstone Production / Imports / Exports

 

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