Bookings Exceed Expectation: DITP and GIT, Along with 13 Partner Organizations, Gear Up for the 69th Bangkok Gems & Jewelry Fair
Bangkok, 7 February, 2024 – The Department of International Trade Promotion (DITP) and The Gem and Jewelry Institute of Thailand (Public Organization) or GIT, alongside a joint committee of 13 government and private sector organizations, announce the 69th edition of Bangkok Gems and Jewelry Fair or “Bangkok Gems” between 21-25 February 2024 at the Queen Sirikit National Convention Center (QSNCC). The event is expected to generate at least 3.3 billion baht in trade value.
Mr. Phusit Ratanakul Sereroengrit, Director-General of the Department of International Trade Promotion (DITP), said that “As one of the world’s top 5 global gems and jewelry trade fairs, Bangkok Gems plays a pivotal role in driving Thailand’s economy. In 2023, the gem and jewelry sector secured the third position in Thailand's overall exports, with a total export value of 14,787 million US dollars (including unprocessed gold) and 8,808.49 million US dollars (excluding unprocessed gold), marking a significant 9.61% increase compared to the same period in the previous year. Furthermore, the gems and jewelry industry engage nearly 800,000 individuals across the supply chain. The Bangkok Gems and Jewelry Fair is considered an essential mechanism in reinforcing Thailand’s gems and jewelry industry and highlighting the country’s standing as the world’s leading gems and jewelry destination.”
Mr. Sumed Prasongpongchai, Director of GIT, stated that “The Bangkok Gems and Jewelry Fair serves as a pivotal meeting point for global gem and jewelry traders, where they gather to negotiate and place orders with Thai manufacturers, particularly for colored gemstones. Thailand holds the world's third-largest market share in this sector, a recognition attributed to Thai craftsmen's revered skills in gem cutting and enhancing the quality of gemstones, acknowledged globally. Following the success of the previous event, space bookings for this edition have exceeded expectations, with over 1,100 exhibitors - both local and international - occupying more than 2,500 booths. Anticipating an attendance of over 40,000 visitors worldwide, the fair is expected to generate no less than 3.3 billion Baht in trade value."
In addition to the trade fair, the event will feature numerous interesting activities, including the Networking Reception, the New Faces zone, The Jewellers showcase featuring the works of emerging Thai designers, the “RIT-RICH” showcase spotlighting spiritual power jewelry in Thailand, as well as the export clinic conducted by DITP commercial representatives from Thai Trade Centers around the world. There will also be seminars on various topics such as production techniques, marketing, and more.
The organizers, DITP and GIT, also revealed a special highlight of the 69th edition, which is the opening ceremony that will be graciously presided over by HRH Princess Sirivannavari Nariratana. Her Royal Highness also grants permission for the showcases of the jewelry design collaboration under the brand "SIRIVANNAVARI x BEAUTY GEMS" in a special exhibition titled "Heirlooms of Elegance". This exhibition not only unveils a high jewelry collection that reflects the princess’s artistic talents and personal stories, but also helps highlight the prowess of the Thai gems and jewelry that is unparalleled in the global arena.
The 69th Bangkok Gems and Jewelry Fair is scheduled to take place between 21-25 February 2024 at Hall 1-8 on G and LG floors of the Queen Sirikit National Convention Center (QSNCC), Bangkok. For more information, visit www.bkkgems.com or facebook.com/Bangkokgemsofficial. For visitor registration, visit https://register.bkkgems.com/publics/create/visitor/gem69/step1?fbclid=IwAR1RvpODUazVtmvosFk_BDNggiPRHhJU_g_Krkcc4cAFXtRkJxIVS-IahkM.
Bangkok, 10 February 2024
Press info: Chidsupang Chaiwiroj
