RETAIL WATCH 零售观察 46 | JNA March 2026 (UAE), which is witnessing increasing demand for luxury jewellery. Qatar and Kuwait, meanwhile, are growing in significance, with a focus on high-end pieces. Officials from the Dubai Multi Commodities Centre (DMCC) said the UAE’s jewellery market is set to grow by 20 to 30 per cent annually from 2025 to 2030. More than a billion carats of rough and polished diamonds were traded through the UAE from 2020 to 2024, according to DMCC Senior Director of Precious Stones and Metals Maryam Al Hashemi. On top of that, gemstone tenders in Dubai are on the rise and DMCC is building an ecosystem for lab-grown diamonds. “The DMCC community includes more than 1,365 diamond and gemstone companies, connecting miners in Africa, manufacturers in India and designers and retailers in In response to the clarion call for diversification amid uncertain times, the gem and jewellery industry is increasingly training its sights on the Middle East. And rightly so, as the region remains largely untapped territory with immense potential. Its diverse population, particularly in the Gulf Cooperation Council (GCC) countries, presents opportunities for a wide spectrum of jewellery products while its affluent consumer base maintains a strong appetite for luxury, which is further supported by thriving tourism inflows. Moreover, jewellery trade in the Middle East is bustling at a time when other manufacturing hubs struggle under the pressure of macroeconomic forces, ranging from US tariffs and business slowdowns to market disruptions and geopolitical tensions. According to business intelligence firm 6Wresearch, the Middle East jewellery market is projected to reach US$52.31 billion by 2030. Saudi Arabia accounts for a substantial share of the Gulf jewellery market, followed by the United Arab Emirates Jewellery by Damas Damas的首饰 Jewellery boutiques in Dubai Mall 迪拜购物中心的珠宝精品店 US$52.31B 523.1亿美元 Projected size of the Middle East jewellery market by 2030, according to 6Wresearch 根据6Wresearch预测，到2030年 中东珠宝市场将达到的规模 中东蕴藏无限商机 Glowing opportunities in the MIDDLE EAST | Olivia Quiniquini 程爱莉 | The Middle East is emerging as a key player in the global jewellery market, driven by its affluent consumer base, diverse population, and growing demand for luxury and bespoke designs. 中东正迅 速崛起成为重要的珠宝市场，这主要受惠于其富裕的消费群体、多元化 的人口结构，以及对奢侈品和定制设计日益增长的需求。
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