Markets/Iolite

Iolite

India, Madagascar · 4 specimens · 8.4ct avg

$6
per carat+0.0%
P10
$23
P25
$35
Median
$6
P75
$100
P90
$130
Iolite
Iolite
Iolite
Iolite
Iolite
Iolite

Iolite is known for its striking violet-blue color, which can exhibit pleochroism, showing different hues when viewed from different angles. It has a hardness of 7 to 7.5 on the Mohs scale, making it suitable for various types of jewelry, and is commonly cut into oval and cushion shapes to enhance its color.

Price History

$40
2020
$42
2021
$44
2022
$46
2023
$48
2024
$0.1K
2025
2020Stable demand, pre-pandemic market conditions.
2021Market recovers; supply chains restart slowly.
2022Prices hold steady amidst post-COVID uncertainty.
2023Inflationary pressures normalize; steady growth.
2024In 2024, the American Gem Trade Association will host discussions on the impact of new tariffs on colored gemstones, including Iolite.
2025In 2025, the jewelry industry will likely continue to adapt to the evolving tariff landscape, which may affect Iolite pricing and availability.

Quality Tiers

Commercial
4 listings · $1$1 range
$1
Mid-Market
6 listings · $3$4 range
$3
Premium
4 listings · $48$71 range
$48

Listings

Natural Iolite
2.50ctUnknownuser-scan
$28/ct
$70
AAA Faceted Iolite
2.25ctIndiagemstonesforsale.com
$11/ct
$24
High Grade Faceted Iolite
5.00ctIndiagemstonesforsale.com
$8/ct
$38
Faceted Green Prasiolite
3.00ctBrazilgemstonesforsale.com
$4/ct
$13
$3/ct
$26
$2/ct
$24
Checkerboard Cut Faceted Prasiolite
20.00ctIndiagemstonesforsale.com
$1/ct
$24
Faceted Prasiolite
13.00ctIndiagemstonesforsale.com
$1/ct
$14
Faceted Prasiolite Intaglio Reverse Carving
18.70ctIndiagemstonesforsale.com
$1/ct
$18

Specimen Data

Shapes
Checkerboard
1
Origins
India
9
Brazil
1
Unknown
1
Clarity
eye_clean
1
Treatments
None
10
Unknown
1

Value Drivers

Carat

In the Iolite market, larger stones tend to command higher prices, with the mean price per carat reaching $12. However, the price can vary significantly, as evidenced by the P10–P90 spread of $3 to $28 per carat.

Color

The most desirable Iolite displays a deep, rich violet-blue color, akin to that of tanzanite. Stones that are lighter or exhibit brownish hues tend to be less valuable.

Clarity

Iolite is generally valued for its clarity, with eye-clean stones fetching higher prices. While some inclusions may be tolerated, clarity significantly influences market value.

Cut

The cut of an Iolite can enhance its color and brilliance, with well-proportioned cuts like oval or cushion shapes being preferred. Poorly executed cuts can diminish the stone's appeal and value.

Market Dynamics

Supply

Iolite is primarily sourced from India, which dominates the market with eight listings, while Brazil contributes a smaller share. This concentration in origin may affect availability and pricing in the future.

Global supply of Iolite remains stable, with significant quantities available from established sources.Currently, a variety of Iolite stones are available in the market, with prices reflecting their quality and characteristics. in circulation
Demand

Demand for Iolite is driven by its unique color and affordability compared to other gemstones, appealing to both collectors and jewelry designers. Its use in bespoke jewelry pieces is also increasing as consumers seek distinctive options.

Recent news indicates potential tariff impacts on colored gemstones, which could affect pricing and availability in the U.S. market. As the industry adjusts to these changes, collectors may see fluctuations in Iolite prices.

News

Insights

The median price per carat for Iolite is currently $8, indicating a generally accessible price point for collectors.

The top price for Iolite can reach $28 per carat, particularly for larger, high-quality stones.

India remains the leading source of Iolite, contributing significantly to the market's overall supply.

Recent tariff discussions could lead to increased costs for importing Iolite, potentially impacting future pricing.

Because it can cleave and is somewhat brittle, settings should protect exposed corners and edges in rings.

Transparent iolite may occasionally show cat's-eye effects when fibrous inclusions are present, but such stones are rare collector items.

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