A sample product page of the Virtual Bangkok Trade Fair.
The Bangkok Gems & Jewelry Fair (BGJF) will be held virtually from 22nd-24th June, 2021, making this the 66th special edition of the show.
According to the Department of International Trade Promotion (DITP), the show organiser, the Virtual Bangkok Trade Fair will serve as an online platform for gems and jewellery trading and networking, where buyers and exporters from all over the world will be able to conduct business and build long-term trading relationships despite the Covid-19 restrictions.
In Q1 2021, Thai silver jewellery exports increased 6% to US$ 371.30 million mainly driven by higher demand and sales volume, the DITP informed. Exports of silver jewellery and accessories are expected to continue rising throughout 2021.
Marking the increasing consumer appetite for jewellery, the global jewellery market is expected to rise from $230 billion in 2020 to US$ 292 billion by 2025, according to Statista.com.
One of Thailand’s main export markets is India, which accounted for exports of US$ 143.97 million in Q1 this year. Apart from silver jewellery and accessories, the Indian market is the third largest buyer of Thai coloured gemstones, DITP noted.