2014-02-03 09:29:03 - Jewellery and Related Articles in Indonesia: ISIC 3691 - a new market research report on companiesandmarkets.com
Market size 24% up since 2007; strong jump in sales in 2010 due to surge in gold prices. Imports serve 17% of local demand; 7-fold jump in imports´ value over review period. Nearly 27,000 jewellery producers in Indonesia; 23 largest generate 67% of turnover.
Exports account for 44% of output; South Africa becomes major foreign supplier. 9% annual growth in turnover expected over period to 2018; development to depend on fluctuation in global gold price.
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