Kazakhstan is seeking to turn its mineral wealth and long tradition of jewellery craftsmanship into a more developed commercial industry, as the country gains visibility across the international luxury and precious-metals markets.

Kazakhstan’s jewellery market was valued at approximately $168 million in 2025, an increase of 3.4% year on year, according to the country’s Ministry of Industry and Construction, as reported by The Astana Times. Yet the ministry put officially recorded domestic jewellery production at just $7.2 million during the same year, illustrating the substantial gap between local manufacturing and consumer demand.

Government figures reported by Kazakh business publication Kursiv claim that the country has 4,542 registered jewellery-market participants, including 445 manufacturers and 3,759 businesses involved in jewellery sales. The value of jewellery manufactured in Kazakhstan increased 41.3% year on year to $4.1 million during the first ten months of 2025, according to data from Kazakhstan’s Bureau of National Statistics.

Kazakhstan produced 71.2 tonnes of refined gold in 2025 and ranked as the world’s 14th-largest gold producer, according to figures from the Ministry of Industry and Construction. Much of this resource base has historically remained disconnected from a jewellery sector still dominated by small workshops, imports and informal trade.

Gold is strategically important to Kazakhstan beyond jewellery. The National Bank of Kazakhstan added 41 tonnes to its reserves in 2025, according to figures cited in January by City Index market analyst Fawad Razaqzada.