Twin HKTDC Hong Kong jewellery shows attract some 81,000 buyers from across globe, creating world-class trading platform
2024年3月4日 - 8:00PM
JCN Newswire
Organised by the Hong Kong Trade Development Council (HKTDC),
the 40th HKTDC Hong Kong International Jewellery Show and 10th
HKTDC Hong Kong International Diamond, Gem & Pearl Show
gathered over 4,000 exhibitors from 44 countries and regions. The
Jewellery Show concluded at the Hong Kong Convention and Exhibition
Centre today and the Diamond, Gem & Pearl Show closed at
AsiaWorld-Expo on Saturday, marking the successful return of the
"two shows, two venues" format for the first time since the
pandemic.
The shows attracted some 81,000 buyers from 137 countries and
regions. The Diamond, Gem & Pearl Show drew over 31,000 buyers
from 125 countries and regions, while more than 49,000 buyers from
132 countries and regions joined the Jewellery Show. For the two
shows together, buyers from Mainland China, India, Japan, the
Philippines, Thailand and the United States ranked top in terms of
non-Hong Kong visitors, underscoring the shows' leading world
position.
Exhibitors and buyers were optimistic about a thriving jewellery
market. An on-site survey of 1,435 respondents found 62.3%
anticipated growth in overall sales in the next one to two years
while 31.3% expected stable sales and only 6.4% predicted a
decrease.
Sophia Chong, Deputy Executive Director of the HKTDC, said: "The
twin jewellery shows successfully attracted buyers from around the
world to return to Hong Kong, and it is very encouraging.
Exhibitors stated that buyers had shown a positive sentiment on
purchasing, and had connected with new clientele, including those
from emerging markets, which is crucial for business growth."
"For the upcoming exhibition peak season, the HKTDC will present
some 10 business fairs next month, encompassing a wide range of
industries including innovation, electronics, gifts, home products,
fashion and packaging. These events will serve as platforms for
buyers and suppliers to make business and connect, and in turn
solidify Hong Kong's position as a global exhibition centre and
bring substantial economic benefits to the city."
Under the hybrid EXHIBITION+ format, the twin jewellery shows
combined in-person access at the venues with online negotiations
via HKTDC's Click2Match smart business-matching platform, which
will be available until 11 March, and buying through hktdc.com
Sourcing. The HKTDC launched the self-authentication service at
this year's twin shows, enabling buyers to verify identities and
obtain electronic badges (eBadges) in advance for rapid, seamless
access to venues, greatly enhancing the trade show experience. Most
buyers welcomed this eBadge arrangement, including the
self-authentication feature and entry arrangements.
Over 60% of exhibitors and buyers optimistic on sales
The HKTDC surveyed exhibitors and buyers on-site, with key findings
below:
Market and industry outlook
- Of the respondents, 62.3% anticipated growth in overall sales in
the next 12 to 24 months, 31.3% foresaw stable sales and only 6.4%
expected a decrease.
- On revenue, 44.4% of exhibitors expected FOB selling prices to
rise this year while 69.9% believed production or sourcing costs
would go up.
- Respondents considered the Middle East (70.6%), Australia and
Pacific Islands (68.6%), India (65.3%), North America (59.2%) and
ASEAN (56.3%) to be promising or very promising jewellery markets
over the next two years in terms of growth.
- The most popular potential markets were Mainland China (21.2%),
North America (17.3%), Northern and Western Europe (16.2%), ASEAN
(15.5%), Japan (12.4%), Hong Kong (10.9%) and the Middle East
(10.7%).
Product trends:
- In terms of product categories, interviewees expected trendy
fashion jewellery (59.5%), precious jewellery (41%) and designers'
jewellery (31.1%) to have the greatest market potential.
- Karat white gold (47.3%), karat yellow gold (44.5%) and karat
rose gold (24%) were the most popular precious metal products this
year.
- Diamond (53.3%) was the most popular gemstone, followed by ruby
(28.6%) and pearl (21.5%).
Exhibitors reported higher sales than last year
Trading at the twin shows was promising. One Hong Kong exhibitor,
Jessica Kwan, Director of Universal Jewellery Design Centre
Limited, said: "We have been participating in the Hong Kong
International Jewellery Show since its inception. Over the past 40
editions, our business grew together with the show and our
jewellery products are exported worldwide today. During the fairs,
we met with new buyers from Mainland China, the Philippines and the
Middle East. We expect the sales turnover generated by this year's
show to increase by 20%."
At the Hong Kong International Diamond, Gem, and Pearl Show, one of
the exhibitors, Rosaria Borriello, Manager of Borriello Massimo
from Italy said: "We love the Hong Kong show very much. It's the
perfect place to do business and meet customers from everywhere.
Our Mediterranean red coral showcased this year has again attracted
strong buyers' interest. Customers from Mainland China, India and
the Philippines are still our biggest buyers. We've also received
enquiries from several buyers from the United States. Sales from
Hong Kong's exhibition contribute more than 20% of our business.
This show is really important for business expansion."
From a buyer's perspective, Nezar J. Mukhtar, Managing Director of
Jamla Jewelry from Saudi Arabia, said: "The Diamond, Gem and Pearl
Show draws a large number of industry players from all over the
world and serves as the best sourcing platform. Talks are now
underway with three exhibitors from Hong Kong and India for loose
diamonds in different sizes, colours and shapes. I've also looked
for new suppliers and expected to conclude at least US$10 million
worth of business. The fair is the perfect place for business
expansion."
Chanyut Khieonavavongsa, Graduate Gemologist (GIA) from Tassabee
Gems in Thailand, said: "I've been in the jewellery business for 40
years, I visit the HKTDC Jewellery Show regularly because I find
more attractive designs and more new suppliers here than at other
shows. I have placed orders with four to five suppliers from Hong
Kong, Korea and Turkiye for US$100,000 worth of 18K gold mountings.
I plan to buy at least US$100,000 worth of finished jewellery at
the show too. I like the brand new online self-authentication
function within the HKTDC Marketplace App for direct admission. It
helps me save queuing time and is very convenient."
Exciting line-up of technology and lifestyle fairs set for next
month
Hot on the heels of the twin jewellery shows, the HKTDC will
organise a series of trade fairs including the Hong Kong
International Lighting Fair (Spring Edition) and the inaugural
Smart Lighting Expo from 6-9 April; InnoEx and Hong Kong
Electronics Fair (Spring Edition) from 13-16 April; and Fashion
InStyle, Home InStyle, Hong Kong Gifts & Premium Fair, Hong
Kong International Printing and Packaging Fair, the brand new
Deluxe Printpack Hong Kong and Hong Kong International Licensing
Show late next month. These events will give buyers a unique
one-stop sourcing experience and help exhibitors expand their
market reach while boosting Hong Kong's economy. For more details,
please visit www.hktdc.com.
Photo download: https://bit.ly/3V1Mwam
Websites:
Hong Kong International Jewellery Show:
https://www.hktdc.com/event/hkjewellery/en
Hong Kong International Diamond, Gem & Pearl Show:
https://www.hktdc.com/event/hkdgp/en
HKTDC Media Room: https://mediaroom.hktdc.com/en
Media enquiries
Please contact the HKTDC's Communications & Public Affairs
Department:
Jane Cheung
Tel: (852) 2584 4137
Email: jane.mh.cheung@hktdc.org
Clayton Lauw
Tel: (852) 2584 4472
Email: clayton.y.lauw@hktdc.org
To view press releases in Chinese, please visit
http://mediaroom.hktdc.com/tc
About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body
established in 1966 to promote, assist and develop Hong Kong's
trade. With 50 offices globally, including 13 in Mainland China,
the HKTDC promotes Hong Kong as a two-way global investment and
business hub. The HKTDC organises international exhibitions,
conferences and business missions to create business opportunities
for companies, particularly small and medium-sized enterprises
(SMEs), in the mainland and international markets. The HKTDC also
provides up-to-date market insights and product information via
research reports and digital news channels. For more information,
please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc
and LinkedIn
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