The Thai Department of International Trade Promotion (DITP) and the Gem and Jewelry Institute of Thailand (GIT) conducted a Roadshow in Jaipur for the 68th Bangkok Gems & Jewelry Fair to be held from 6-10 September 2023 in Bangkok.
The event was followed by a distinctive fashion showcase in which models presented an assortment of exquisite Thai jewelry pieces to the attendees.
The fair, scheduled for September, perfectly coincides with the festive season. Backed by the Thai government, international exhibitors, buyers, and importers can take advantage of exclusive benefits such as complimentary accommodations, transportation, VIP lounge access, and discounts at renowned Thai department stores.
India has emerged as a crucial market for Thailand's gem and jewelry exports, particularly in the realm of silver jewelry. The Bangkok fair has consistently seen India as its top participating country in terms of both attendance and trade volume, making it an essential trade platform for Indian exhibitors. The event offers Indian buyers and importers a convenient platform to explore the latest and unique designs in gems and jewelry crafted by Thailand.
The 68th edition of the Bangkok Gems and Jewelry Fair is set to take place at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand. The event will showcase the offerings of over 1,100 exhibitors across 2,400 booths. Anticipated outcomes include over 15,000 visitors and an estimated revenue of 3,000 million baht.
Sitthichai Parinyanusorn, Deputy Director of Business at GIT, underlined Thailand's extensive history of expertise in gems and jewelry craftsmanship. The Thai gem and jewelry sector generated over $15 billion in revenue in 2022, marking a remarkable 49.82% increase from the same period in 2021. The industry's growth is projected to reach 5% in 2023.
Saithong Soiphet, Director of the Thai Trade Center in New Delhi, emphasized the pivotal role of India as a valued market for Thailand's gem and jewelry exports, especially those exceeding $1,000 million, excluding gold.
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