The global gems and jewellery market is set to reach U$443 Billion by 2022. Estimates of the coloured stone market range from 3% to 8% of this figure.
The international market deems Colombian stones to be the king of emeralds. They are the most highly prized for their classic, fine bluish-green hue and vivid saturation, which is typical of the Muzo, Cunas, La Pita and Chivor mines.
The global coloured stone market is one of the last large unconsolidated markets, the trade is conducted largely by individuals and small companies, often family run.
Many stones change hands 5 – 10 times before they reach the shop window, each of these participants must make a margin making the process largely inefficient for the client. Hexa’s model involves capturing as many stages in the supply chain as possible whilst retaining robust trading margins.