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US jewellery, watches sales up by 4.4 per cent year-on-year

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Sales of watches and jewelry in the US showed further signs of growth in December 2024, up 4.4 per cent year-on-year, according the latest figures from the US Department of Commerce. But there’s been a marked slowdown since the 10 per cent increases of last September and October.

November saw sales up by just 3.0 per cent, revised down from 5.8 per cent based on actual through-the-till transactions rather than estimates. October has been revised up from 9.7 per cent to 10.0 per cent.

The average monthly year-on-year growth for the full year is 5.4 per cent, so December was little below par. Having said that, it was the 15th consecutive month of growth after a long period (the end of 2022 and much of 2023) of falling sales.

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Bangkok Gems & Jewelry Fair: Where Asia’s Gems and Jewellery Industry Connects

This Year, Bangkok Gems Will Place Greater Emphasis On Design and Value Creation, With The Designer Zone, Collaborations With merging Talent, Business Matching, Seminars, and Industry Networking Opportunities.

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At the heart of Southeast Asia, Thailand has long been recognized as a leading player in the global gems and jewelry industry. For international buyers seeking quality, authenticity, and competitive sourcing opportunities, the Bangkok Gems & Jewelry Fair offers more than an exhibition—it is a dynamic marketplace where generations of artisanal heritage, manufacturing expertise, and international business connections come together. 

Visitors can source a comprehensive range of products and services across the supply chain, from gemstones, diamonds, pearls, and finished jewelry to packaging, tools, machinery, and related solutions. 

Thailand’s gems and jewelry sector continues to demonstrate strong international potential. From January to June 2026, gems and jewelry exports excluding unwrought gold reached approximately USD 8.25 billion, an increase of more than 11% year on year. 

This year, Bangkok Gems will place greater emphasis on design and value creation, with the Designer Zone, collaborations with emerging talent, business matching, seminars, and industry networking opportunities. 

With direct access to suppliers, manufacturing expertise, and international business networks, Bangkok Gems continues to serve as a strategic meeting point for buyers and industry professionals from across Asia and beyond. 

The upcoming 74th Bangkok Gems & Jewelry Fair will take place from 8–12 September 2026 at the Queen Sirikit National Convention Center (QSNCC) in Bangkok.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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