GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - November 2024
Thailand’s gem and jewelry export value from January to November 2024 amounted to USD 16,924.49 million, a 23.86% increase compared to the same period of last year. The products ranked as the country’s third most important exports with a 6.14% 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 8,611.89 million, a 6.30% rise year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - October 2024
Thailand’s gem and jewelry export value from January to October 2024 amounted to USD 15,415.07 million, 21.32% increase compared to the same period of last year. The products ranked as the country’s third most important exports with 6.16% 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 7,788.55 million, 5.35% rise year-on-year.
GIT Information Center
Generative AI: The Power of Creativity in Gem and Jewelry
In the past, when talking about AI, we often thought of robots and technology in sci-fi movies that imagined the future world. However, today, advancements in technology have made these things a reality. AI has been applied in many industries, including the gem and jewelry industry, helping to reduce time, cut costs, and continuously generate new ideas.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - September 2024
Thailand’s gem and jewelry export value from January to September 2024 amounted to USD 12,448 million, a 11.85% increase compared to the same period of last year. The products ranked as the country’s third most important exports with a 5.58% 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 7,053.53 million, a 9.83% rise year-on-year.
GIT Information Center
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.
GIT Information Center
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.
Fresh gems and cuts gain traction in the gemstone world
A novel crop of coloured gemstones is taking centre stage in the high jewellery scene as luxury brands feature more competitive yet equally beautiful gems in their creations. Innovative cuts and shapes are likewise winning the market over.
China jewellery sales dip in 2024
China recorded a 3.1 per cent decrease in jewellery sales in 2024, reflecting muted domestic demand amid economic uncertainties and high gold prices.
Why has Signet Jewelers’ stock price almost halved since November?
Signet CEO J K Symancyk, who took over from Gina Drosos in the summer of last year, says he is already working on a turnaround plan
China eyes revival in gold, platinum jewellery
China’s gold and platinum jewellery industry is poised to recover in 2025 on the back of product and design innovations amid geopolitical uncertainties and new US economic policies.
Scam Jam: Fraud, Fakes and Other Industry Misdemeanors of 2024
This year saw an increasing number of industry activities that were sometimes illegal, and many times morally dubious.
Growth of the Diamond Jewelry Market in India
The demand for diamond jewelry in India has grown consistently in recent years, paralleling the country's economic growth. This has resulted in an increase in middle-class income, leading to greater spending on luxury items like diamond jewelry. Consequently, India currently boasts the fastest-growing diamond jewelry market in the world.
Auzi: From Hearing Aids to Smart Jewelry
Hearing aids are medical devices designed for individuals with hearing impairments, calibrated according to hearing test results to amplify sound appropriately for everyone’s hearing loss level. Traditionally, these devices featured clinical designs that clearly indicated their medical nature, with little consideration for modern aesthetics, which often led to users feeling self-conscious while wearing them. However, with advancing innovation and fashion trends, conventional hearing aids are no longer considered outdated.
Consumer Affairs Ministry Urges Vigilance in Gold Purchases This Dhanteras
The Ministry of Consumer Affairs, Food & Public Distribution has issued an advisory to consumers ahead of Dhanteras, urging them to exercise caution and verify the purity of gold and silver jewellery.
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
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