Between January and November 2022, the export of jeweler’s and goldsmithing amounted to US$83.3 million, which meant a 21.7% drop when compared to the same period in 2021, reported the Association of Exporters (ADEX).
This drop, the union specified, was a consequence of the lower demand from the United States, which is the main destination of this item.
The president of the Jewelry and Goldsmith Committee of ADEXRocío Mantilla, stated that the northern country represents 87.1% of the sales of these products.
“When the US economy goes down, it generally affects the demand for goods. In addition, we are still facing various problems such as the supply of gold and silver, as well as the political situation”, he stated.
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Other destinations for shipments of the jewelry and goldsmith They are Canada, Colombia, Mexico, Spain, Argentina, Ecuador, France and Austria. The companies that exported the most in the analysis period were Arin SA, New Fashion Peru SA, De Oro SA, Línea Nuova SA, Fidenza Disegno SA, María Fashion EIRL, Corporación Geva Export SAC Joyerías Peruvian MP SAC, Crafts Andinos SAC, Oropel RM SAC
On the other hand, the representative of ADEX reported that they have created the first precious stone stoning workshop in Peru to meet a lawsuit that is pending.
“The export of jewelery with gems currently represents less than 1% of the total number of jewelery shipments, but it is estimated that by 2023 it could concentrate at least 10% of the total, which would add around US$19 million”, added.
