SPOTLIGHT 市场聚焦 GEMSWORLD | 37 | 2026 According to Director Yago De Sa, demand has been robust for Paraiba tourmalines of 3 to 7 carats, with cushions moving particularly well. In recent years, Chinese and Indian companies have emerged as Picapau’s main clients for the stone. Buyers from Hong Kong, Italy, Germany, the US and China opt for medium- to good-quality Paraiba tourmalines while Brazilian customers gravitate towards lower- to midrange stones. Indian gem dealers, meanwhile, tend to purchase large volumes of polished Paraiba tourmalines but at lower price points. According to De Sa, most qualities of the stone move well in the market, from commercial goods to high-end material. Paraiba tourmaline can thus command prices from US$1,000 to over US$100,000 per carat. Exceptional stones from Brazil may even fetch US$150,000 to US$200,000 per carat, he revealed. The company official expects market appetite for Paraiba tourmalines to further increase in the coming years. “The competition now lies in the supply side – the rough is extremely expensive and scarce. Fortunately, we have an extensive inventory of Paraiba tourmalines along with good access to big quantities of rough,” he added. Hong Kong-based jewellery designer Tayma Page-Allies got in on the Paraiba tourmaline craze ahead of most, introducing it in her collections as early as 2008. To this day, it remains a popular gem in her creations. She also maintains an expansive selection of loose Paraiba tourmalines from Brazil that she collected over the years. “Paraiba tourmaline is a game changer and disruptor in the jewellery space. Its striking colour is its main draw, setting it apart from other gemstones. It looks good on anybody; it goes well with any complexion,” she said, noting that a fine-quality Paraiba could easily cost more than certain emeralds, rubies and sapphires. Rising stars Page-Allies has expanded her range to feature more of Paraiba tourmaline’s other colours as well, using pink, green and yellow variants as some would use fancy sapphires. Indeed, the other colours of Paraiba tourmaline have been making their presence felt. US jewellery brand Bavna showcased a collection with green Paraiba tourmaline slices before the pandemic while gem dealer Dynamic International highlighted its selection of certified green Paraibas in late 2025. Rishabh Malpani, director of Dynamic International, said, “Our collection includes seven neon green Paraiba tourmalines with not a hint of blue in them. They are not as expensive as the blues but have a delightful neon shine that is rarely found in coloured gemstones.” Apart from the famed Paraibas, other tourmaline varieties are staples in jewellery collections. Pinks, greens and watermelons with red or pink centres and green rims are among designer and brand favourites, enabling versatile, cost-effective yet elevated designs and colour combinations. Rising in prominence too is lagoon tourmaline, which is catching the attention of gemstone aficionados seeking fresh, emerging options. Malpani identified the blue-green gem as one of the emerging stars of the coloured gemstone world. Seafoam green and mint green tourmalines are also gaining popularity, he continued. Engaging rubellite Rubellite is a tried-and-tested stalwart in the tourmaline family. Coming in red and pinkish-red hues that maintain their red tone under lighting tests, rubellite frequently appears in the creations of luxury jewellery brands. Its vibrant colours and relative affordability make it a compelling choice for high-end designs. Earrings with Paraiba tourmaline and rubellite by Tayma Fine Jewellery 帕拉伊巴碧玺配红碧玺耳环， Tayma Fine Jewellery出品 Rubellite necklace and earrings from Bulgari's Color Journey Collection 宝格丽色彩之旅高级珠宝系列的 红碧玺项链及耳环
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