In the fourth quarter of 2021, demand for gold rose by 93% over the same period a year ago to 265 tonnes. Growth in exports is mainly due to revived import demand in the export market of the US and fulfilment of orders received by numerous Indian exhibitors during the Virtual Buyer-Seller Meets (VBSMs) conducted by GJEPC. India’s gold demand stood at 797.30 tonnes in 2021 and is expected to be in a range of 800-850 tonnes by 2022. According to the Gem and Jewellery Export Promotion Council, gold bar imports stood at US$ 1,372 million and Gold jewellery stood at US$ 166.75 million between April-October 2021. In July 2022, India imported gems & jewellery worth US$ 3.12 billion. In April 2022, India’s overall gems and jewellery exports was at US$ 3.23 billion. In FY22, cut and polished diamonds accounted for the highest share of exports (62.42%), followed by gold jewellery (23.57%) and silver jewellery (6.95%). The Government of India is aiming at US$ 70 billion in jewellery export in the next five years (until 2025), up from US$ 35 billion in 2020.įrom April-July 2022, India's gems and jewellery exports were at US$ 13.36 billion, a 5.63% rise compared to the same period the previous year.
Globally, India was the top exporter of diamonds with a share of 20.6% in 2020. India’s gems and jewellery exports are expected to reach US$ 100 billion by 2025. The market size of the global gems and jewellery sector is likely to expand to US$ 103.06 billion between 20. We welcome you to your Gemstoneuniverse and hope you find your cherished life transforming Gemstone or information here.India’s gems and jewellery export sector-which is one of the largest in the world-contributed ~27% to the global jewellery consumption in 2019. Today Gemstoneuniverse has more than 4000 resources contributed by the top Gem experts in the field created over a period of 20 years and serves more than 1 million visitors in the niche field of Gemstone Astrology, Jyotish Gemstones. Starting the Journey with Guruji Shrii Arnav’s first article on the internet in 1995, we have served 100,000+ individuals in their Planetary Gem Therapy directly by providing them with their true Jyotish Gemstone and millions more by our articles, videos, blogs about Gemstones and Indian Astrology Gemstones. For us every seeker is an opportunity to create a positive impact on an individual’s Karmic Life Map. Jyotish Gemstones are a special class of Gemstones extolled in the sacred texts with special qualities that are not found in ordinary stones. Who we are: Gemstoneuniverse today is an organization of qualified Gemstone professionals who dedicate their complete education, qualifications and expertise to the sacred science of Jyotish Gemstones.
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