7-3-2018
The twin shows, Hong Kong International Diamond, Gem & Pearl Show (27 Feb- 3 March) and Hong Kong International Jewellery Show (1- 5 March), organised by the Hong Kong Trade Development Council (HKTDC) featuring more than 4,550 exhibitors from 50 countries and regions concluded with participation from about 87, 000 buyers from 145 countries and regions, recorded a two percent increase from last year.
"With improving global economic conditions, Hong Kong's exports of precious jewellery rose 3.6 percent last year. We are delighted that exhibitor attendance at both shows was the highest in years, and that attendance of both local and overseas buyers set new records," said Benjamin Chau, Deputy Executive Director of the HKTDC.
Buyer from Japan, Myanmar, the Philippines, Vietnam, Cambodia, Iran and Turkey recorded significant growth while buyers from mainland China dropped as Chinese potential buyers may still on New Year Lunar festival vacation according to exhibitors. As reported by a HKTDC report, respondents' greater optimism about prospects in emerging markets, compared to the previous year. Seventy-five percent of respondents viewed the Chinese mainland market most favourably among emerging markets, followed by the Middle East (75%), Russia (73%), Latin America (71%) and ASEAN (55%).
In terms of product materials, 45 percent of respondents favoured karat rose gold, followed by karat white gold (37%) and platinum (37%). For gemstones, respondents who favoured diamond reached 61 percent, which is the highest among gemstones and increased 20 percent when compared to last year.
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