Tuesday, March 26, 2013

Jewelry Industry Report, 2012-2013

In 2012, affected by the European sovereign debt crisis and the sluggish economic development, the demand in the global jewelry industry grew slowly, and China jewelry industry was also influenced. In 2012, the sales volume of China jewelry industry only grew by 19% year on year, much lower than 40.7% in 2011. Specifically, the consumption growth of gold, silver, platinum and diamond jewelry was slowing down, even saw negative growth. Gold Jewelry. In China, the gold jewelry consumption accounts for about 50% of the total jewelry consumption. The consumption of gold jewelry in China amounted to 502.75 tons in 2012, up 10.09% year on year, lower than 27.88% in 2011. Chinese consumers are interested in pure gold and solid gold, and also like K gold jewelry in recent years. Diamond Jewelry. Diamond jewelry is mainly used in the wedding market, in which diamond rings account for 70% of the total diamond jewelry consumption. Due to the lack of resources, China relies on the import of

Original Post China Jewelry Industry Report, 2012-2013

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