Tuesday, 18th January 2005 (7802 views)

China, Thailand and Turkey beginning to challenge jewellery markets dominated by Italy, the world's biggest exporter.

Fabrizio Filippi, CEO of Italian jewellery Superoro, acknowledged the rise and rise of the Asian market: "The Asian market is definitely getting better - high quality jewellery may be the only market for us in the future but we are still innovating."

Global jewellery fabrication rose by four per cent in 2004, with the Indian, Turkish and Chinese markets accounting for much of the increase.

Asian companies are now looking to compete seriously with Italian jewellery manufacturers.

Feyza Celik, from the Turkish jewellery group Goldas, said his company's market share was growing in Europe, Asia and the United States: "We have our own creative design department. We can definitely compete with the Italians on manufactured gold jewellery, it's not a problem."

 

« Back to Gold News stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.