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3 thoughts on “stainless steel jewelry wholesale philippines manufacturer What is the main force of the development of my country's gold market?”
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wholesale fashion jewelry online The production of gold has declined, and it still maintains the global leading lead
Gold as a hard currency can not only be used as investment wealth management products in the financial market, but also has a wide range of gold in jewelry and industrial manufacturing. Gold production has led the world for twelve consecutive years.
In statistics from the China Gold Association, from 2012 to 2016, my country's gold annual output (excluding imported raw materials) fluctuations increased. In 2016, my country's gold output was 453.49 tons, reaching its peak. Influenced by environmental protection policies in 2017, environmental protection taxes, resource taxes, and cancellation of mining rights in the natural ecological reserve were levied. Influence, my country's gold production continued to decline to 401.12 tons.
The first quarter of 2019, my country's gold output was 92.78 tons, a decrease of 5.44 tons compared with the same period in 2018, a decrease of 5.54%year -on -year, which continued to decline in nearly two years.
Gold consumption has risen steadily, and jewelry category has become an active force of growth
Gold can be used in multiple fields such as investment, industrial production and living decoration. With the improvement of my country's economic development and the improvement of residents' living standards, my country's gold Consumption has continued to increase. According to data from the China Gold Association, the actual consumption of gold in my country in 2018 is 1151.43 tons, which has maintained the world's first place in the world for 6 consecutive years. Compared with the same period in 2017, it increased by 5.73%. Continue to grow steadily, the sales of gold coins have decreased slightly. In the first quarter of 2019, the actual consumption of gold reached 286.93 tons, a slight increase of 0.69%.
In my country's gold consumer market, gold jewelry consumption has always occupied the most important position. It is related to the traditional Chinese consumer customs, and ordinary Chinese consumers prefer gold jewelry. Although consumers have a certain value -preserving component in recent years, consumers have been used for daily wear.
The first quarter of 2019, in my country's gold consumption, jewelry consumption was 188.05 tons, an increase of 4.18%year -on -year, accounting for 65.5%of the national gold consumption; 24.4%. Domestic gold jewelry consumption continues to grow, while gold coins, industry and other gold use have declined slightly. On the whole, the growth of gold consumption mainly depends on the increase in gold jewelry consumption, and gold jewelry has become the main driving force for gold consumption growth.
-For more data, refer to the "China's Gold Industry Market Prospective and Investment Strategic Planning Analysis Report" released by the Foresight Industry Research Institute.
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