Q2 2024 Turquoise 'High-Ceramic Blue' Market Analysis Report

I. Market Overview

In the second quarter of 2024, the market for 'High-Ceramic Blue' turquoise generally showed a steady upward trend. As a top-tier category of turquoise, High-Ceramic Blue continues to attract collectors and investors due to its unique color, warm texture, and scarcity. This quarter, market trading activity increased compared to the previous quarter, with prices remaining firm, and some premium pieces even experiencing slight increases.

II. Price Data Analysis

This quarter, the price range for 'High-Ceramic Blue' turquoise was primarily concentrated within the following ranges, showing certain fluctuations and trading volume changes:

* Ordinary High-Ceramic Blue (no or minimal matrix lines, uniform color, high ceramic-like texture):
* Loose beads/irregular shapes: 800 - 2500 CNY/gram, a quarter-on-quarter increase of approximately 3-5%. Trading volume: Medium to high.
* Small carvings/cabochons: 1500 - 4000 CNY/gram, a quarter-on-quarter increase of approximately 2-4%. Trading volume: Medium.

* Premium High-Ceramic Blue (no matrix lines, pure sky blue color, extremely high ceramic-like texture, no treatment marks):
* Loose beads/irregular shapes: 2500 - 6000 CNY/gram, a quarter-on-quarter increase of approximately 5-8%. Trading volume: Medium.
* Medium to large carvings/cabochons: 4000 - 10000 CNY/gram, or even higher, a quarter-on-quarter increase of approximately 4-7%. Trading volume: Low, but high transaction value per deal.

* Collector-grade High-Ceramic Blue (top-tier appearance, such as 'Wulan Hua' grade, ultimate color, perfect ceramic-like texture, rare large pieces):
* Price: Above 10000 CNY/gram, with no upper limit, a quarter-on-quarter increase of approximately 6-10%. Trading volume: Extremely low, mostly private transactions or auctions.

Average Price (across all quality grades): Approximately 2800 CNY/gram, a quarter-on-quarter increase of approximately 4.5%.
Total Trading Volume: Increased by approximately 10-15% compared to the previous quarter, indicating strong market demand.

III. Market Trend Analysis and Forecast

  • Scarcity Drives Price Increases: The mineral resources of high-quality High-Ceramic Blue turquoise are increasingly depleted, especially untreated, high-ceramic, pure sky blue material, which is even rarer. This scarcity is a core factor supporting its continuous price increase.

  • Increased Consumer Awareness: With the popularization of turquoise culture and media promotion, more and more consumers recognize the value of High-Ceramic Blue, and market demand continues to expand.

  • Enhanced Investment Attributes: Against the backdrop of increasing global economic uncertainty, high-quality jewelry and jade, as physical assets, are receiving more attention for their value preservation and appreciation attributes. High-Ceramic Blue turquoise, due to its rarity and aesthetic appeal, has become an asset allocation choice for many investors.

  • Online and Offline Integration: The rise of online live streaming, short videos, and other channels has provided more convenient platforms for turquoise transactions, expanding market coverage. Meanwhile, offline professional exhibitions and physical stores remain important venues for high-end transactions and appraisal.

  • Future Forecast: It is expected that in the foreseeable future, the price of High-Ceramic Blue turquoise will continue its steady upward trend, especially for collector-grade and premium-grade pieces, where the increase may be more significant. Prices for ordinary quality High-Ceramic Blue will fluctuate less but still have room for appreciation. The market will pay more attention to the origin, ceramic-like texture, color, and whether the turquoise has undergone any treatment.


IV. Price Comparison of Different Quality Grades

* Ordinary High-Ceramic Blue: Affordable, suitable for daily wear and entry-level collection, with relatively limited appreciation potential but good value preservation.
* Premium High-Ceramic Blue: Possesses both aesthetic appeal and investment value, forming the main force of market transactions, with significant future appreciation potential.
* Collector-grade High-Ceramic Blue: Expensive, but extremely rare, it is the pursuit of top collectors, possessing strong value preservation and appreciation capabilities, making it an excellent choice for long-term investment.

V. Investment Advice

  • Prioritize untreated, high-ceramic, pure colored turquoise: These are crucial factors determining its value and future appreciation potential. Avoid purchasing turquoise treated with glues or resins, as their long-term value is significantly diminished, even if the price is lower.

  • Pay attention to origin and mine: Turquoise from the Shiyan area of Hubei, especially High-Ceramic Blue from renowned mines like 'Yajiaoshan' and 'Yungaisi', is highly regarded for its superior quality.

  • Focus on appearance and integrity: Cracks and flaws will significantly affect the value of turquoise. Choose turquoise with perfect appearance and no obvious flaws.

  • Invest within your means and rationally: The turquoise market has certain volatilities. Investors should invest according to their financial strength and risk tolerance. For large investments, it is advisable to seek opinions from professional appraisal institutions.

  • Long-term holding strategy: The value growth of turquoise often requires time to accumulate. A long-term holding strategy is recommended rather than short-term speculation.


Summary: The High-Ceramic Blue turquoise market showed strong performance in Q2 2024, with steady price increases and robust market demand. Against the backdrop of increasingly scarce resources, the investment value of high-quality High-Ceramic Blue turquoise will continue to be highlighted.