Expanding Horizons: Global Perspectives on Personalized Jewelry
The personalized jewelry market is rapidly expanding as modern consumers seek pieces that reflect their individuality. Jewelers are capitalizing on this trend by involving customers in the design process, from selecting materials and gemstones to creating custom designs. This approach results in unique, exclusive jewelry that stands out from conventional offerings.
Thailand Gem and Jewelry Import-Export Performance January - August 2024
Thailand’s gem and jewelry export value of January-August 2024 increased 16.27 percent from the value of USD 8,971.90 million last year to USD 10,431.81 million. The products were listed as Thailand’s third most important exports with a 5.29 percent share of the country’s gross exports. However, without the export value of unwrought gold, the actual export value of gem and jewelry products was USD 5,778.30 million, a 7.82 percent growth from the same period of last year.
Thailand Gem and Jewelry Import-Export Performance January - July 2024
Thailand’s gem and jewelry export value of January-July 2024 grew 13.86 percent from the value of USD 8,169.65 million last year to USD 9,301.92 million. The products were listed as Thailand’s third most important exports with a 5.44 percent share of the country’s total exports. However, without the export value of unwrought gold, the actual export value of gem and jewelry products was USD 5,103.78 million, a 6.65 percent growth from the same period of last year.
"Do or Die - Go Digital or Die - Thai Jewelry Business to China Market": CBEC (China Cross Border E-Commerce) Policy: Factor that kills or grow the Thai Jewelry Businesses.
In the rapidly evolving landscape of international trade, Thai jewelry businesses face a stark reality: go digital or risk obsolescence. The Chinese market, with its vast potential and tech-savvy consumers, presents both an immense opportunity and a formidable challenge for Thai jewelers.
Thailand Gem and Jewelry Import-Export Performance January - June 2024
Thailand’s gem and jewelry export value from January to June 2024 amounted to USD 7,573.12 million, a 2.86% Increase compared to the same period of last year. The products ranked as the country’s third most important exports with a 5.21% share of Thailand’s total gross exports. Nevertheless, when deducting unwrought gold from the total export value, the actual export value of gem and jewelry was USD 4,555.97 million, a 8.48% rise year-on-year.
Thailand Gem and Jewelry Import-Export Performance January - May 2024
Thailand’s gem and jewelry export value of January- May 2024 went down by 1.70 percent from the value of USD 6,433.63 million last year to USD 6,324.15 million. The products were listed as Thailand’s third most important exports with a 5.25 percent share of the country’s gross exports. However, without the export value of unwrought gold, the actual export value of gem and jewelry products was USD 3,851.79 million, a 11.24 percent rise from the same period of last year.
Navigating Cybersecurity: Essential Guidance for Jewelers
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
LVMH reports lacklustre jewellery sales
Revenues from LVMH Moët Hennessy Louis Vuitton’s luxury jewellery arm were down in the third quarter of the year, owing to continued market uncertainties.
De Beers Cuts Q3 Diamond Production Amid Weak Demand
Global diamond mining giant De Beers has announced a significant reduction in its diamond production for the third quarter of 2024. The company cited a prolonged period of weak consumer demand, particularly in China, and high inventory levels in the midstream market as the primary reasons for the cut.
2024 Holiday Spending Expected to Reach New Record
“The winter holidays are a treasured time for Americans, and they are prioritizing spending on family this holiday season.”
Another Gold Record: $2,700 an Ounce
The price of gold passed yet another new benchmark Friday—topping $2,700 an ounce for the first time ever.
Gold Tax Reduction Spurs Titan Sales
Sales at India-based jeweler Titan Company increased in the second fiscal quarter as the reduction in import duty on gold products drove jewelry purchases.
Rio Tinto to Hold Tender of 76 Fancy-Colored Diamonds
Rio Tinto has launched its 2024 Beyond Rare Tender, featuring 48 lots of polished fancy-colored diamonds.
Gold Futures Cross $2,500 Mark for First Time Ever
The price of gold futures passed the psychologically important $2,500 mark for the first time on Friday, setting yet another record for the yellow metal
Zambian emerald auction rakes in US$32.5M
Grizzly Mining Ltd reported robust demand for Zambian emeralds at its latest auction in Dubai, which generated overall revenues of US$32.5 million.
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