Esmeralda English Version ed

SOCIAL IMPACT
SOCIAL IMPACT
In the same eastern area, they continued
to build physical and recreational therapy
rooms for the elder care home in Manacal.
The project seeks to provide comprehensive
care for more than 50 people and improve
the infrastructure of the Senior Care
Center to have adequate spaces for activities
that improve the lives, well-being and
comfort of beneficiaries and to help them
maintain a good physical, mental and emotional
condition.
Promoting the industry
Within the framework of Fedesmeraldas’ objective
to “defend, promote and develop the
Colombian emerald industry in the exploration,
establishment, transformation, control,
certification and marketing phases,” they periodically
promoted participation and attendance
at different events such as national and international
trade fairs, congresses, and meetings
with laboratories and international jewelry and
precious gemstone associations.
The important factor in all these events was
to be present and display Colombian emeralds
to representatives of other gemstones and
also direct competitors from countries such as
Zambia, Afghanistan and Brazil. These spaces
are used to defend the interests, advances and
challenges of our industry through different
types of participation.
In 2023 representatives of the Colombian
emerald industry, including exporters, traders,
union representatives and, in some cases,
members of the CDTEC and emerald artisans
were present at various events. This boosted
emerald exports and the sale of gold and silver
jewelry by merchants associated with Asocoesmeral
who were selected to participate in
trade fairs. Also, industry representatives participated
in academic and sectoral events that
facilitated the exchange of information and discussion
regarding the gemstone industry.
If we look at the graphs showing export behavior
in some periods of 2023, the highest
sales correspond to the months of February,
March, May, June, August, September and October,
months in which exporters prepare to
attend and participate in the most important
jewelry and gemstone trade fairs in the world,
such as the Las Vegas Fair, Hong Kong (March,
June and September), Bangkok and Dubai.
Graph No.1. Impact of Commercial Fairs on Export Results (2017- 2023)
40,000,000
35,000,000
For example, it should be noted that in 2020,
a period affected by the COVID19 pandemic
that closed borders, emerald exports fell significantly.
Although in 2021 borders were opened
and the economy could begin to recover, it
wasn’t until 2022 and 2023 that Chinese markets
totally opened and exports reached values
similar to those in 2017 and 2018.
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
ESMERALDA
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FEBRUARY
MARCH
APRIL
MAY
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AUGUST
SEPTEMBER
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ESMERALDA
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