Twin Hong Kong Jewellery Shows Attract Record 87,000 Buyers

March 5, 2018

Featuring more than 4,550 exhibitors, the fifth Hong Kong International Diamond, Gem and Pearl Show (Feb. 27-March 3) and the 35th Hong Kong International Jewellery Show (March 1-5) concluded with participation from about 87,000 buyers from 145 countries and regions, representing a 2 percent increase from last year.

Organised by the Hong Kong Trade Development Council (HKTDC), more than 33,700 buyers visited the Diamond, Gem and Pearl Show, while about 53,000 visitors attended the Jewellery Show.

"With improving global economic conditions, Hong Kong's exports of precious jewellery rose 3.6 per cent 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.

He added, "This shows that Hong Kong is an important sourcing platform for the global jewellery industry. The exhibitors are generally satisfied with the results at the shows. In terms of attendance, buyers from Japan, Myanmar, the Philippines, Vietnam, Cambodia, Iran and Turkey recorded significant growth, reflecting the market potential of these countries. Hong Kong companies should capitalise on the opportunities presented by these markets."

Held at the Hong Kong Convention and Exhibition Centre (HKCEC), the Hong Kong International Jewellery Show featured premium jewellery from around the world, providing an important sales and promotion platform for Hong Kong's jewellery sector to develop overseas markets.

Victor Yiu, Director of Zuri Jewellery, a Hong Kong exhibitor, said his 10-year-old company focuses on original design and on the Chinese mainland market. The company has successfully developed its overseas markets by participating in the Jewellery Show in the past four years. This year, the company's new collection "A Joyous Journey," attracted plenty of attention from large retailers, including a large retail group from the Chinese mainland, which decided to launch the collection in May. Buyers from Indonesia, the Middle East, Saudi Arabia and Vietnam also expressed keen interest in the collection.

In its fifth year adopting the "two shows, two venues" format, the HKTDC staged the Jewellery Show at the HKCEC for finished jewellery, and the Diamond, Gem & Pearl Show at the AsiaWorld-Expo, where the show focused on jewellery raw materials. The format offered exhibitors and buyers a highly effective means to connect with potential business partners.

Mete Boybeyi, owner of Turkish company Boybeyi, said he purchased US$150,000 worth of diamonds from three exhibitors from Israel, India and the Chinese mainland at the Diamond, Gem & Pearl Show, while sourcing up to US$1 million worth of high-quality jewellery at the Jewellery Show. He said that the "two shows, two venues" format allowed for easier and more efficient sourcing of suitable products.

The HKTDC also organised an array of events to promote industry exchange, including a gala dinner sponsored by the Tanzanite Foundation, as well as seminars on jewellery technology, marketing strategies, jewellery craftsmanship and quality standard, buyer forum, jewellery parades and networking receptions.

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