Gem and jewellery maintain growth momentum
The gem and jewellery sector has recorded an overall growth of 19 per
cent during the first ten months of 2007 in comparison with the
corresponding figure of 2006. A detailed break up of exports is given
below.
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While gem exports have recorded a 11% growth; the export of gem and
diamond mounted jewellery have maintained their growth momentum by
registering a positive variance of 23 per cent and 18 per cent
respectively. Revenue on Service Gem Cutting has suffered a minor
setback while processed diamond re-exports have recorded a 22 per cent
growth being the top revenue earner in the sector.
The National Gem and Jewellery Authority has made arrangements to
organise “Sri Lanka Pavilion” at following international Gem and
Jewellery Shows in 2008.
The IJT Show, Tokyo, Japan - January 23 to 26; Bangkok Gems and
Jewellery Fair, Thailand - February 27 to March 2; The JCK Show, Las
Vegas, U.S.A. - May 30 to June 3; Singapore International Jewellery
Show, Singapore - August 21 to 24; Bangkok Gems and Jewellery Fair,
Thailand in September, Hong Kong Jewellery and Watch Fair, Hong Kong
September 17 to 21; Malaysia International Jewelex, Malaysia November 21
to 24; China International Gold, Jewellery and Gem Fair, Shanghai in
November and the Jaipur Jewellery Show, India in December.
Category Cumulative Total October Variance
2006 Rs. Mn. 2007 Rs. Mn.
Gems 8,157.4 9,087.0 11%
Gem Re-Export 517.0 492.4 -5%
Gem Studded Jewellery 1,390.1 1,706.1 23%
Diamond (Re-Export) 24,940.9 30,476.1 22%
Diamond Jewellery 591.0 696.6 18%
Geuda 169.9 173.7 2%
Total Rs. Mn. 35,766 42,632 19% |
