Bangkok Gems and Jewelry Fair (BGJF): Asia’s Largest Jewellery Virtual Trade Fair to Be Organized on 22-24 June 2021

Bangkok Gems and Jewelry Fair (BGJF): Asia’s Largest Jewellery Virtual Trade Fair to Be Organized on 22-24 June 2021

Mumbai, Maharashtra, India: The Bangkok Gems and Jewelry Fair (BGJF), perhaps the biggest gems and jewellery trade fairs in the world, will be held basically between June 22-24, 2021, under the name of “BGJF Virtual Trade Fair (the 66th Special Edition)”.

This BGJF Virtual Trade Fair will highlight items with most recent development, numerous cutting-edge craftsmans and designers, impeccable bits of the world’s top craftsmanship and broadly famous assembling organizations too. It will fill in as an online stage for diamonds and gems exchanging and organizing, where purchasers and exporters from all over the world will actually want to lead organizations and construct long haul trading connections in spite of the COVID-19 limitations.

Besides, key players in the business, including Thai Silver Exporters Association, Department of International Trade Promotion (DITP), Ministry of Commerce and other related offices can give helpful and fundamental data to help organizations and people in their purchasing cycle.

Thailand, one of the fundamental Jewelry exporters in Asia is prestigious for its jewellery resources, design, manufacturing​ and dazzling craftsmanship. In the new years, Thai silver gems has acquired ubiquity as it is more moderate contrasted with different metals like gold and platinum. The fare worth of Thai silver gems from January-March 2021 is added up to at 371.30 million USD, an increment of 6.46 percent from a similar time of a year ago, essentially determined by more appeal and deals volume as per the Department of International Trade Promotion (DITP). The business is anticipated to see an ascent in fares of silver gems and embellishments all through 2021.

Also, silver works out positively with casual, traditional, western or professional attire and men have developed their liking for silver jewellery such as bracelets, chains, rings, etc., making it a leading favorite for jewellery lovers and savvy collectors. The adaptability makes it more free to blending and coordinating for the individuals who try to make fascinating and unmistakable look.

Consumer appetite for gems and jewellery, which has been hosed by COVID-19 pandemic has begun to increment because of the dynamic of the business and changes in consumer conduct. One of the principle pointers is the worth of the worldwide gems market, which is relied upon to ascend from USD 230 billion of every 2020 to USD 292 billion by 2025 as per Statista.com.

Gems and jewellery industry in Thailand offers adaptability as far as OEM services from sourcing, planning, bundling to assembling. Purchasers can address their requests, quality, amounts and spending plan, empowering it to be a significant jewellery trading center point Asia. One of the country’s principle send out business sectors is India, with a fare worth of 143.97 million USD from January-March 2021. Aside from silver jewellery and accessories, Indian market is the third largest buyer of Thai colored gemstones because of their fine craftsmanship, cutthroat cost and great quality.

Article Courtesy- BusinessWireIndia

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