The jewelry sector has high demand around the world. Although the trends may be different across the countries, there is always interest in handcrafted jewelry products. While there is a high demand for gold and gold products in the Middle East, Central Asia, and Russia, sterling silver and diamond are highly popular in Europe, North America, the UK, and Canada.
When it comes to such diverse demands, Turkish jewelry manufacturers can offer a wide product portfolio. In 2020, the Turkish jewelry and watch sector had total revenue of $4.7 billion. This revenue is estimated to grow even further in the future. The Turkish jewelry sector had been there since the Ottoman Empire period. Today, we can see the modern version and modern design of the Ottoman heritage.
Turkey As Your Partner in Jewellery Sector
Turkey is home to an extensive jewelry market. Every year, important shows such as Istanbul Jewellery Show are organized in the country. Such jewelry exhibitions and shows in Turkey enable importers and sellers around the world to see the fine examples of Turkish craftsmanship.
Working with a partner in the jewellery sector is almost necessary. There are lots of fraud and counterfeiting in this sector. Therefore, product inspection and quality control processes are among the indispensable parts of this sector. When you work with a Turkish partner, you will get an end-to-end service to find some of the finest examples of jewellery in Turkey.
Benefits of Jewellery Sector Import from Turkey
The jewellery sector in Turkey comes with a lot of benefits.
- As of 2022, there is no VAT on jewellery products such as diamonds and gold products.
- The jewellery crafters in Turkey are highly experienced in the sector.
- The jewellery sector is often regarded as a family business. Thus, the know-how and production methods are transferred.
- Turkey has an excellent location to export to different geographical regions including the Middle East, Europe, Africa and Russia.
- The market is highly regulated to avoid any fraud or counterfeiting.
- The Ottoman jewellery tradition is marketed as an important asset.s
At TamDT, we find the best business partners and manufacturers in Turkey to meet your jewellery sector needs. Our expert team offers sourcing, inspection and consultancy service for your needs in the jewellery sector.