Gem & Jewellery Exports witnesses a remarkable growth of 12.73% in Q4

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Gem & Jewellery Exports witnesses a remarkable growth of 12.73% in Q4. The financial year 2020-21 witnessed an overall decline of 28.46% to US$ 25.31 billion in the overall exports of gem and jewellery compared with US$ 35.37 bn in the fiscal year 2019-20, as per the data of the apex body The Gem and Jewellery Export Promotion Council (GJEPC). However, there is a significant increase in the exports witnessed in the last quarter of the financial year ended March 31st 2021, with an increase of over 12.73% as compared to same period last year.

·         Gem & Jewellery Performance March 2021 and from April 2020-March 2021 (Dollar Term)

1.  The overall gross exports of Gems & Jewellery declined by 28.46% to US$ 25.31 bn during April 2020 to March 2021 as compared to US$ 35.37 bn during the same period last year.

2.  The overall gross exports of Gems & Jewellery is showing a growth of 78.22% to US$ 3424.94 million during the month of March 2021 as compared to US$ 1921.79 million in March 2020.

3.  CPD exports April 2020 to March2021 (-) 12.13% to US$ 16401.30 mn from US$ 18664.53 mn registered during April 2019 to March 2020

4.  CPD exports March 2021 (+) 123.55 % to US$ 2158.36 mn as compared to US$ 965.48 mn in March 2020.

5.   Gold Jewellery Exports April 2020 to March 2021 (-)59.49% to US $ 4822.74 mn from US$ 11903.83 mn April 2019 to March 2020.

6.   Gold Jewellery Exports March 2021 (+) 24.81% to US$ 758.21 mn from US$ 607.49 mn March 2020

7.   Silver Jewellery Exports April 2020 to March 2021 (+)38.61% to US$ 2324.39 mn from US$ 1676.88 mn April 19 to March 2020.

8.  Coloured Gemstone Exports April 2020 to March 2021 (-)41.71% to US$ 186.75 mn from US$ 320.41 mn April 19 to March 2020.

·         Gem & Jewellery Export Performance March and April 2020 to March 2021 (Rupee Term)

1.  The overall gross exports of Gems & Jewellery declined by 25.71% to Rs. 185952.34 Cr during April 2020 to March 2021 as compared to Rs. 250319.89 Cr. during the same period last year.

2.  The overall gross exports of Gems & Jewellery is showing a growth  of 73.98% to Rs. 24729.57 Cr during the month of March 2021 as compared to Rs. 14214.24Cr. in March2020.

3.  CPD exports April 2020 to March2021 (-)8.87% to Rs. 120302.04 Cr. from Rs. 132015.25 Cr. registered during April 2019 to March 2020.

4.  CPD exports March 2021 (+) 117.58% to Rs. 15530.11 Cr as compared to Rs. 7137.69 Cr. in March 2020.

5.  Gold Jewellery Exports April 2020 to March 2021 (-) 57.89% to Rs. 35483.17 Cr from Rs. 84270.81 Cr. April 2019 to March 2020.

6.  Gold Jewellery Exports March (+) 22.50% to Rs. 5505.19 Cr. from Rs. 4493.99 Cr. March 2020.

7.  Silver Jewellery Exports April 2020 to March 2021 (+) 43.55% to Rs. 17163.03 Cr. from Rs. 11955.75 Cr.  April 2019 to March 2020.

8.  Coloured Gemstone Exports April 2020 to March 2021 (-)39.32% to Rs. 1377.30 Cr.  From Rs. 2269.69 Cr. April 2019 to March 2020.

Import

Gem & Jewellery overall Import performance  April 20 to March 2021

1.   The overall gross Import of Gems & Jewellery April 20 to March 2021 showing a decline of 32.36% to US$ 16493.18 mn from US$ 24382.46 mn registered during April 19 to March2020.

2.  The overall gross import of Rough diamonds April 2020 to March 2021 showing a decline 16.44% to US$ 10885.17 mn from US$ 13026 mn registered during April 19 to March 2020.

3. The overall gross import of CPD April 2020 to March 2021 showing a growth 27.22% to US$ 2179.26 mn from US$ 1713.02 mn registered during April 19 to March 2020.

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