4 March 2008
Hong Kong Jewellery Fair Opens with New Exhibitor Record
World's 3rd Largest Jewellery Show Celebrates 25th Anniversary
March 4, 2008 - The Hong Kong International Jewellery Show, the world's third-largest jewellery fair, opened today with 2,306 exhibitors from around the world - a new fair record. Organised by the Hong Kong Trade Development Council (TDC), the fair continues through March 8 at the Hong Kong Convention and Exhibition Centre.
Speaking at today's opening ceremony, Charles Chan, Chairman of the TDC's Jewellery Advisory Committee, said the fair is celebrating its silver jubilee this year against a backdrop of upbeat industry news.
The world's fourth-largest jewellery exporter, Hong Kong saw jewellery exports last year jump by 17 per cent, to HK$33.8billion (US$4.3billion). "The United States and the European Union are our biggest markets," said Mr Chan. "But it is also encouraging to see good growth from such mature and discerning markets as Italy and the United Kingdom." Emerging markets are also making news that shines. Russia grew by 177 per cent, and the United Arab Emirates was up 39 per cent in 2007. India and the Chinese mainland were up 45 per cent and 13.5 per cent respectively last year.
Joining Mr Chan at today's opening ceremony were Selina Tsang, wife of the Chief Executive, the HKSAR, Feng-min Sun, Vice Director of the National Gems & Jewelry Technology Administrative Centre, Ministry of Land and Resources, PRC and Fred Lam, the TDC's Executive Director.
The 25th edition of the show includes exhibitors from 45 countries and regions, with Cambodia, Egypt, Lebanon, Kuwait and Mexico participating for the first time.
The show boasts 22 pavilions, including the following country pavilions: the Chinese mainland, Dubai, Germany, India, Israel, Italy, Korea, Malaysia, Spain, Singapore, Taiwan, Thailand, Turkey and the US. Many international associations also feature pavilions, including the Antwerp World Diamond Centre, the International Coloured Gemstone Association, the Israel Diamond Institute, and the Platinum Guild International, as well as the Japan Pearl Exporters' Association, Japan Jewellery Association, Japan Jewellery Designers Association and Japan Yamanashi Crystal Jewelry Association.
This year's fair showcases jewellery in seven special zones:
- Treasures of Nature celebrates loose diamonds and precious gems and pearls
- Le Salon Extraordinaire features precious set jewellery
- Les Salons Privés offers an exclusive retreat in which to do business
- the Watch and Clock Pavilion is home to quality timepieces
- the Designer Jewellery Galleria presents design-driven collections and brands
- Antique and Vintage Jewellery and Jade Jewellery - two sections introduced last year - return to the fair by popular demand
Alongside dazzling jewellery parades, the TDC has organised five market seminars to highlight the latest product and market trends. Hot topics this year include jewellery design and inspiration, the latest treatments for rubies, sapphires and pearls as well as a spotlight on gold style trends and opportunities in the Middle East jewellery market.
Jewellery auctions are also big news this year, with the Paspaley Pearl Auction (March 2-4), the Alrosa Diamond Auction (March 4-7) and the Robert Wan Tahiti Pearl Auction (March 5-6) taking place during the fair.
In addition, the winning pieces of the 9th Hong Kong Jewellery Design Competition, the Chuk Kam Jewellery Design Competition 2008 and the JJA Jewellery Design Awards 2007 are on display, bringing innovative design to international buyers.
Jewellery Show attracted 31,000 buyers last year. The TDC this year organised 72 buying missions with more than 4,200 new buyers visiting the fair. These include key buying representatives from such well-known jewellery brands and leading chain stores as Australia's Goldmark Jewellers; France's Synalia and Galeries Lafayette; Germany's QVC Handel; Italy's Songa Antonio; Japan's Tsutsumi and Ponte Vecchio; Spain's Suarez Joyeria and Carrera y Carrera; Switzerland's Bucherer and Juwelier Kurz; the US's Tiffany and Ben Bridge; and the UK's Goldsmiths. New buyers from emerging markets include Russia's Jewelux; Saudi Arabia's Al Farsi; South Africa's Efune and more.
The fair is jointly organised by Hong Kong Jewellers' & Goldsmiths' Association, the Hong Kong Jewellery & Jade Manufacturers Association, the Hong Kong Jewelry Manufacturers' Association and the Diamond Federation of Hong Kong, China. Co-organisers are Hong Kong Watch Manufacturers Association Ltd and the Federation of Hong Kong Watch Trades & Industries Ltd.
|Beatrice Lam||Teresa O|
About the TDC
Established in 1966, the Hong Kong Trade Development Council (TDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 offices worldwide, including 11 in the Chinese mainland, the TDC promotes Hong Kong as a platform for doing business with China and Asia. The TDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and the mainland, while providing information via trade publications, research reports and online. For more information, visit www.tdctrade.com