The future development trend of jade market

China has had the custom of appreciating, worshipping and collecting jade since ancient times. Since the Neolithic Age, jade items have been used to represent auspiciousness and ward off evil spirits, such as figures, animals, flowers, birds, and some texts. Folk legends and myths have also been used as themes. With the help of metaphors, similes, puns, symbols, homophones and other expressive techniques, a pattern is formed, which is given auspicious meaning. Auspicious words are used to express the inner feelings, and people's pursuit of happiness, longevity, joy and peace are placed on their beautiful wishes. Certain jade artifacts have become symbols of social morality, customs, gods, wealth and power. The Chinese nation's custom of using and worshipping jade is the driving force behind the continued development of the jade market.

China's traditional jade culture is the driving force behind the development of jadeite. The Chinese have loved jade for 8,000 years, mainly nephrite represented by white jade. As soon as jadeite was introduced into China, it was endowed with the spiritual connotation of traditional Chinese jade culture. It contains China's unique cultural implications, inherits people's good wishes, hides a kind of accumulated national emotions and aesthetic orientation, and is revered as the "King of Jade".

Resource depletion promotes jade industry

As mineral resources gradually become depleted, the Myanmar government has begun to restrict the mining and export of raw jade, which will inevitably lead to more and more people rushing to buy jade. It can be predicted that in the near future, the appreciation potential of jade will even far exceed that of diamonds. The only jade producing area in the world is Myitkyina, Myanmar. In the past decade, the amount of jade developed in Myanmar has exceeded the total development amount in the past 300 years.

Due to restrictions on local mining, high-end raw materials are becoming increasingly scarce. With the continuous improvement of living standards, consumer demand has increased significantly, creating a large number of modern wealthy people and a large number of white-collar workers. They feel that high-end jade collection is hard to come by. Even the working class, which has a large and wide consumer group, has a significant increase in consumer demand for mid- and low-end jade. The insufficient supply of raw materials will greatly increase the prices of authentic jade jewelry and handicrafts. Considering that the demand for domestic mid- and high-end jade will grow rapidly in the next five years.

The future development trend of jade

Although China's jewelry industry started relatively late, it has developed rapidly with the opening of policies. In the 21st century, China's jade market entered the fast lane and became the world's second largest jewelry processing country and the world's largest jade processing market.

Over the past 30 years, the price of jade has been rising steadily, and sales have been getting better and better, growing at a rate of about 20-30% per year. It has been described as a crazy stone.

However, since the end of 2011, the madness has gone and the market has shown signs of weakness. However, careful investors have discovered that the current mid- and low-end markets have declined, while the trend of high-end jadeite finished products and raw stones has been stable. Not only has the price of high-end jadeite not declined, but it has increased several times and is still a popular commodity in the market.

The jade market has experienced a spiral development process of revival, revitalization, rise, decline, and rise again. Many investors are not pessimistic about the current situation. They are very strategic about their investment in jade, because in the long run, it is a consensus among most people that jade investment and collection will show an upward trend.

Jade investors support the jade industry

With the strong development of China's economy and the improvement of people's living standards, spiritual needs have been placed first. Jade has unique value of preserving and appreciating value, and the trend of collecting and appreciating it is popular all over the country. Jade has become an indispensable part of contemporary people's pursuit of material life.

Judging from the situation of last year's auctions, the transaction volume of a jewelry auction was as high as 100 to 200 million yuan. With the development of my country's economy, the jewelry and jade market and collection space are still very large. Jade has become an indispensable part of contemporary people's pursuit of material life.

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