Bangkok Gems & Jewelry Fair, held through Sept. 10 at the Queen Sirikit National Convention Center in Bangkok, Thailand, drew more than 30,000 visitors in its three days open to the trade (the weekend is also open to the public), the show’s largest attendance in recent years.Gems and jewelry were Thailand’s ninth-largest export in 2022, generating more than $8 billion in revenue. Industry officials project the trade could expand by 10 percent this year.
“Thailand is ready to become a global jewelry trading and gemstones sourcing hub,” said Phusit Ratanakul Sereroengrit, director general of the Thailand Ministry of Commerce’s Department of International Trade Promotion, which jointly organized the event with the Gem and Jewelry Institute of Thailand. “Our strength is reinforced by the expertise and craftsmanship of skilled artisans, especially in the heat treatment, which is hard to match anywhere else.”
Thailand is famous for its heat-treating technique, discovered by accident back in the ’60s, which is world-renowned for its ability to coax the most exquisite light, clarity and hue from colored gemstones. The region’s gemstones market has seen a resurgence since the pandemic, prompting companies like England’s Gemsfield and Dubai’s Fura to relocate their auction hubs to the country.
Jewelry professionals flew in from all in all over the world, but mainly from China, Taiwan and Vietnam, to pick up loose stones which occupies roughly half of show’s total exhibition space.
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