The Great Mistery

GEMS AND JEWELLERY GEMS AND JEWELLERY Market Overview Competitive Advantage Government Regulations and Support spot Domestic & Foreign Players Future outlook Contact For selective information A report by KPMG for IBEF 2 15 20 21 27 28 G E M S & J E W E L L E R Y Market Overview The gems and jewellery sector apprise be categorised into the following sub-sectors based on characteristics, bear upon techniques, incomparableness in terms of price range and marketability. Gemstones - Diamonds and dismal stones (precious, semi-precious and synthetic) Jewellery Pearls The global market for gems and jewellery today is pegged at US$ 85 billion with key markets having registered an average increase annual growth rate (CAGR) of 5-10 per cent in the cobblers last decade. The global market for Gold is estimated at 3300 tonnes. South Africa is the creations largest producer of gold, followed by U.S.A and Australia. Together, these countries account for 45 per cent of the worlds total gold production. India is the largest consumer of gold, followed by the U.S.A. In the production of Silver, the Americas have near monopoly Mexico, Peru and the joined States are the put across three silver producing countries. Platinum is an extremely rare precious metal.

More than 90 per cent of all platinum supplies make love from South Africa and Russia. With increased economic development, the demand for the metal has grown at a faster pace than it is being mined. The United States is the worlds leading consumer of platinum overall, while mainland China has emerged as the leading consumer of platinum jewellery. Jewellery manufacturing is traditionally dominate by players from 3-4 countries. Italy· Worlds largest producer of fine jewellery, with closely 8,200 factories annually producing an estimated US$ 6.4 billion worth. Italys strength lies in plain gold jewellery. Hong Kong/China Produces a substantial sight of the world jewellery market· - Plain Gold, Studded, Silver, Costume 2 China and Hong... If you involve to get a full essay, order it on our website: Ordercustompaper.com

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