• Gold consumption in China rose 32 percent to a record 1,065.8 metric tons last year, making up about 28 percent of global usage, according to the World Gold Council. That’s expected to climb to at least 1,350 tons by 2017 as wealth rises.
Source: World Gold Council
• Nearly half-a-million python skins are exported every year from Southeast Asia, the majority being used to make luxury fashion accessories such as handbags, belts, wallets and shoes.
Source: International Trade Center Report
• India is the world’s largest market for jewelry, and will continue to grow, according to a Research and Markets report, which estimates a compound annual growth rate of 14.93 percent until 2016.
Source: Research and Markets
• In interviews with 1,000 consumers in Shanghai and New York, Exane BNP Paribas found that 42 percent of consumers in Shanghai spent more than $1,000 on handbags in the past 12 months compared with 11 percent of consumers interviewed in New York. And 14 percent of Shanghai consumers spent more than $1,000 on shoes, versus 5 percent in New York.
Source: Exane BNP Paribas