Armenia is re-establishing its jewelmaking traditions to become a regional center of jewelry arts

October 03, 2014 1248 0


Armenia is re-establishing its jewelmaking traditions to become a regional center of jewelry arts –

As part of the efforts to realize the idea, the Armenian Jewelers Association (AJA) has for the fourth time (since 2011) invited the world’s best Armenian jewelers to the country for the annual Yerevan Show 2014 event. This year’s exhibition is expected to attract guests from around 27 world countries (US, Canada, France, Italy, Belgium, Switzerland, Czech Republic, Russia, Turkey, UAE, UK, Lybia, Kuwait, India, Jordan, Argentine, Japan, Belarus, Australia, Estonia, etc)

It will bring together over 150 well-known jewelry and watchmaking companies, and about 500 foreign customers and high-ranking guests. Also, some 25 local companies are going to join the exhibition. 

 

Jewelry worth AMD 6.7 billion produced in Armenia in Jan-Aug 2014

Armenian jewelry industry’s output amounted to AMD 6 668.3 million in Jan-Aug 2014 showing a 43.5% year-on-year decline, the National Statistical Service of Armenia reports.

Some 717.5 kilograms of jewelry were produced in Jan-Aug 2014 against 758.7 kilograms in Jan-July 2013 – a 5.4% decline.   
Some 39,607 carats were produced in Armenia in Jan-Aug 2014 – a 32.8% year-on-year decline. 
Exports of precious and semiprecious stones and jewelry made of them totaled about $150.1 million in Jan-Aug 2014 showing a 24.7% year-on-year growth, and imports totaled $204.8 million – a 12.3% year-on-year growth. ($1- AMD 407.6).

 


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