Gem & Jewellery Consumption Flow India

US $ 117 Billion Total G&J Import in FY 2023-2024 { By 2030 Predicted for 130 Billion USD }

8% Consumption i.e 9.36 Billion USD is related to Emerging Sector such as E-comm/ Digital Gold / Lab Grown & Other Evolving Channels

66.4 % of Total Imported Valuables getting utilized In India ( USD 85 Billion )

14% Silver, Platinum & Lab grown usage Domestically ( i.e 11.9 Billion USD )

86 % of Total Domestic usage belongs to Gold Segment (i.e 73.1 Billion USD)

Out of Total domestic Gold consumption 80% belongs to plain Gold Jewellery segment (i.e 58.48 Billion USD)

Out of Total Domestic Gold usage 20% belongs to Studded Gold jewellery segment (i.e 14.62 US $ Billion )

Out of Total Studded Gold jewellery Segment 70% belongs to diamond Studded sub segment (i.e 10.23 Billion US $)

Out of Total Domestic Studded Gold usage 30% belongs to Precious / Semi precious Stones Studded Gold jewellery segment (i.e 4.386 Billion US $)

25% of Total Imported Gold having value US $ 32 Billion is getting Exported

Total CPD Export 50% i.e US $16 Billion

Total Gold Export 30% i.e 4.8 Billion

Total Lab Grown Exports 6% i.e 1.92 Billion USD