{"id":232,"date":"2023-09-07T15:00:00","date_gmt":"2023-09-07T15:00:00","guid":{"rendered":"\/wp\/144446_144447.jpg"},"modified":"2024-04-25T09:55:57","modified_gmt":"2024-04-25T02:55:57","slug":"thailand-leads-the-charge-in-the-gemstone-business-in-asia","status":"publish","type":"post","link":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/","title":{"rendered":"\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28\u0e44\u0e17\u0e22\u0e01\u0e33\u0e25\u0e31\u0e07\u0e01\u0e25\u0e32\u0e22\u0e40\u0e1b\u0e47\u0e19\u0e1c\u0e39\u0e49\u0e19\u0e33\u0e43\u0e19\u0e15\u0e25\u0e32\u0e14\u0e2d\u0e31\u0e0d\u0e21\u0e13\u0e35\u0e02\u0e2d\u0e07\u0e40\u0e2d\u0e40\u0e0a\u0e35\u0e22"},"content":{"rendered":"<p><em>Though diamonds remain traditionally the most-desired and expensive gemstones in the world, the demand for other types of gemstones has been on the rise. In Asia, Thailand is slowly but surely growing a thriving market of these precious stones<\/em><\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/hashtaglegend.com\/wp-content\/uploads\/2023\/09\/collection-abstract-prism-light-683x1024.jpg\" alt=\"\" class=\"wp-image-137342\" srcset=\"\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><figcaption>Image: Freepik<\/figcaption><\/figure>\n<\/div>\n<p>Thailand stands as the world&#8217;s third-largest exporter of coloured&nbsp;gemstones, with&nbsp;gem&nbsp;and jewellery exports reaching over&nbsp;US$15 billion&nbsp;in 2022, notching up 50 percent growth year-on-year. The 68th Bangkok&nbsp;Gems and Jewelry Trade Fair, which started yesterday and will run till September 10, aims to host some 30,000 visitors, clinching its status as a premier industry event.<\/p>\n<p>Thailand&nbsp;has emerged as a focal point in this global&nbsp;gemstone renaissance, skillfully navigating changing preferences while cementing its position as a luxury adornment leader. Rooted in a cultural heritage that spans centuries,&nbsp;Thailand&#8217;s&nbsp;gem&nbsp;and jewellery industry is a testament to local artisans&#8217; skill in transforming raw&nbsp;gems into intricate masterpieces embodying tradition, spirituality, and exquisite craftsmanship.<\/p>\n<p class=\"has-text-align-center has-white-color has-black-background-color has-text-color has-background\"><em>Also see:<\/em> <a href=\"https:\/\/hashtaglegend.com\/events\/the-rolex-china-sea-race-returns\/\">The Rolex China Sea Race returns<\/a><\/p>\n<p>A distinguishing element of Thai expertise is their mastery of heat treatment techniques that infuse coloured stones with unparalleled vibrancy. This unique skill, a signature of Thai craftsmanship, has been perfected over the decades. With approximately 20,000 skilled artisans&nbsp;and production hubs like&nbsp;Bangkok&nbsp;and Chanthaburi province keep the legacy alive and well.<\/p>\n<p>&#8220;We&#8217;ve witnessed a surge in global and local demand,&#8221; said Phuket Khunprapakorn, who is the advisor of the Chanthaburi&nbsp;Gem&nbsp;and Jewelry Traders Association. Post-COVID-19&nbsp;economic recoveries in&nbsp;Europe&nbsp;and the US, and the influx of tourists to&nbsp;Thailand&nbsp;(particularly from&nbsp;China&nbsp;and&nbsp;India), fuel this growth.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" src=\"https:\/\/hashtaglegend.com\/wp-content\/uploads\/2023\/09\/woman-accessories-black-top-view-2-683x1024.jpg\" alt=\"\" class=\"wp-image-137349\" srcset=\"\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><figcaption>Image by master1305 via Freepik<\/figcaption><\/figure>\n<\/div>\n<p>&#8220;An increasing number of modern buyers view\u00a0gemstones as a novel form of investment,&#8221; said\u00a0Khunprapakorn. Acquiring top-quality\u00a0gemstones such as\u00a0rubies\u00a0and blue sapphires from\u00a0Thailand\u00a0could indeed prove profitable, as the value of rubies has increased by more than 40 percent over the past five years. Given the high demand and dwindling natural resources,\u00a0Thailand\u00a0faces the challenge of balancing supply and demand for sustainable growth.<\/p>\n<p>In an era dominated by online commerce, the&nbsp;gems and jewellery sector has embraced change. To instil confidence in product quality, the&nbsp;Gem&nbsp;and Jewelry Institute of&nbsp;Thailand&nbsp;(GIT) has spearheaded several initiatives across the value chain.<\/p>\n<p><em>Also see:<\/em> <a href=\"https:\/\/hashtaglegend.com\/watches-jewellery\/jewellery-gems-and-kisses\/\">#jewellery: Gems and kisses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Though diamonds remain traditionally the most-desired and expensive gemstones in the world, the demand for other types of gemstones has been on the rise. In Asia, Thailand is slowly but surely growing a thriving market of these precious stones Image: Freepik Thailand stands as the world&#8217;s third-largest exporter of coloured&nbsp;gemstones, with&nbsp;gem&nbsp;and jewellery exports reaching over&nbsp;US$15 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":233,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-watches-jewellery"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28\u0e44\u0e17\u0e22\u0e01\u0e33\u0e25\u0e31\u0e07\u0e01\u0e25\u0e32\u0e22\u0e40\u0e1b\u0e47\u0e19\u0e1c\u0e39\u0e49\u0e19\u0e33\u0e43\u0e19\u0e15\u0e25\u0e32\u0e14\u0e2d\u0e31\u0e0d\u0e21\u0e13\u0e35\u0e02\u0e2d\u0e07\u0e40\u0e2d\u0e40\u0e0a\u0e35\u0e22 - Hashtag Legend Thailand<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28\u0e44\u0e17\u0e22\u0e01\u0e33\u0e25\u0e31\u0e07\u0e01\u0e25\u0e32\u0e22\u0e40\u0e1b\u0e47\u0e19\u0e1c\u0e39\u0e49\u0e19\u0e33\u0e43\u0e19\u0e15\u0e25\u0e32\u0e14\u0e2d\u0e31\u0e0d\u0e21\u0e13\u0e35\u0e02\u0e2d\u0e07\u0e40\u0e2d\u0e40\u0e0a\u0e35\u0e22 - Hashtag Legend Thailand\" \/>\n<meta property=\"og:description\" content=\"Though diamonds remain traditionally the most-desired and expensive gemstones in the world, the demand for other types of gemstones has been on the rise. 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In Asia, Thailand is slowly but surely growing a thriving market of these precious stones Image: Freepik Thailand stands as the world&#8217;s third-largest exporter of coloured&nbsp;gemstones, with&nbsp;gem&nbsp;and jewellery exports reaching over&nbsp;US$15 [&hellip;]","og_url":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/","og_site_name":"Hashtag Legend Thailand","article_published_time":"2023-09-07T15:00:00+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/hashtaglegend.com\/th-th\/wp-content\/uploads\/wp\/144446_144447.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/#article","isPartOf":{"@id":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/"},"author":{"name":"admin","@id":"https:\/\/hashtaglegend.com\/th-th\/#\/schema\/person\/07fee660e8bd958417e2e5ff491377a9"},"headline":"\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28\u0e44\u0e17\u0e22\u0e01\u0e33\u0e25\u0e31\u0e07\u0e01\u0e25\u0e32\u0e22\u0e40\u0e1b\u0e47\u0e19\u0e1c\u0e39\u0e49\u0e19\u0e33\u0e43\u0e19\u0e15\u0e25\u0e32\u0e14\u0e2d\u0e31\u0e0d\u0e21\u0e13\u0e35\u0e02\u0e2d\u0e07\u0e40\u0e2d\u0e40\u0e0a\u0e35\u0e22","datePublished":"2023-09-07T15:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/"},"wordCount":408,"publisher":{"@id":"https:\/\/hashtaglegend.com\/th-th\/#organization"},"image":{"@id":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/#primaryimage"},"thumbnailUrl":"https:\/\/hashtaglegend.com\/th-th\/wp-content\/uploads\/wp\/144446_144447.jpg","articleSection":["#watches & #jewellery"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/","url":"https:\/\/hashtaglegend.com\/th-th\/thailand-leads-the-charge-in-the-gemstone-business-in-asia\/","name":"\u0e1b\u0e23\u0e30\u0e40\u0e17\u0e28\u0e44\u0e17\u0e22\u0e01\u0e33\u0e25\u0e31\u0e07\u0e01\u0e25\u0e32\u0e22\u0e40\u0e1b\u0e47\u0e19\u0e1c\u0e39\u0e49\u0e19\u0e33\u0e43\u0e19\u0e15\u0e25\u0e32\u0e14\u0e2d\u0e31\u0e0d\u0e21\u0e13\u0e35\u0e02\u0e2d\u0e07\u0e40\u0e2d\u0e40\u0e0a\u0e35\u0e22 - 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