Patricia Inonge M., Copenhagen, Wednesday, 19 July 2024 — According to Grandview Research, the global jewellery market, currently valued at over $350 billion, is projected to grow at a compounded annual growth rate of 4.7%, reaching $482 billion by 2030. For Zambia, a key supplier of gemstones for jewellery manufacturing, the biggest challenge and opportunity lie in adding value locally to benefit from this growth. The resilience and promise of the global jewellery industry are evident across various economic conditions. A 2014 McKinsey report predicted significant growth for the sector, with annual global jewellery sales reaching €250 billion by 2020. In response, Indian jewellers crafted a comprehensive export strategy in 2017, aiming to achieve $60 billion in jewellery exports within five years. This strategy, driven by both private and public sectors, can serve as a valuable case study for Zambia.