Home About us Contact us Advertisers Events Exhibitors Previous magazines Sitemap

   Amid Asean trade liberalisation and clearer signs of economic recovery in many overseas markets. Thai exporters in a number of key sectors, including gems and jewellery, are confident of seeing improved shipment during the course of this year.

   Ms Nuntawan Sakuntanaga, director-general of the International Trade Promotion Department, said the Commerce Ministry targeted Thai export growth of 4 per cent to US$239.43 billion for 2015. However, with falling oil prices, the target could be missed because of slowing economic grownth in some countries, although shipments should grow strongly in the Asean market under the trade liberalisation provisions of the Asean Economic Community (AEC).

   The department projects total Thai export shipments worth $230.26 billion for last year, representing only a slight expansion of 0.8 per cent from the 2013 level. Based on the department's target for this year, shipments to Asean are expected to grow 5.9 per cent, by 1 per cent to China, by 3 per cent to the US by 5 per cent to the European Union and Australia and by 2 per cent to japan and Africa. Exports to the Middle East are forecast to increase 5 per cent, while stronger grownth of 10 per cent is expected for shipments to India and Russia.

   Future Market Insights have announced their new report "orundum Market: Global Industry Analysis and Opportunity Assessment 2015 -2025 "

   Corundum is best known for the gem varieties ruby and sapphire. Chemically corundum is nothing but aluminum oxide and it can be easily synthesized industrially. Synthetic corundum can be manufactured byaddind small quantities of colour producing elements to the melt of corudum, which is then left to solidify in a predetermined shape.

   Although the gem and jewellery market accounts for a constant demand for corundum minerals, price fluctuation of the jewellery grade corundum is a major restraining factor for the market. Moreover the political turmoil in certain African countries such as Madagascar contributes to the gap in the demand supply chain.

   North America is one of the largest markets for corundum. Europe also accounts for a considerable demand for corundum. The demand is especially high from the manufacturing economies in the region such as Germany, Turkey and the U.K. In the Asia Pacific region. China is a major producer and consumer of artificial corundum. Other than China, countries such as India, Thailand, Korea and Japan are the major processors of corundum.

   Natural corundum is mined from several countries such as Myanmar, India, Thailand, Afghanistan, Cambodia, Sri Lanka and Vietnam. In recent years some of the African countries have turned out to be significant producers of corundum. Madagascar is especilly rich in corundum, and it is found in abundance in Tanzania.

   This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.

Cover picture :
This magnificent set of sapphire and diamond jewellery was designed and created by the Beauty Gems Group, leading Bangkok mamufacturers of fine jewellery


Web Counter