21 Feb 2012
Jewellery Show Closes with Record Number of Buyers
Emerging-Market Buyers Attracted to the Show
Buyers from the BRICS countries (Brazil, Russia, India, the Chinese mainland and South Africa) were up eight per cent. “Rapid economic development in the emerging markets, especially the Chinese mainland, has resulted in an expanding middle-class, which in turn is creating huge product demand. The HKTDC will continue to step up publicity in these emerging markets to help Hong Kong SMEs capitalise on the opportunities,” HKTDC Deputy Executive Director Benjamin Chau said.
More than 3,100 exhibitors from 48 countries and regions took part in the show. First-time exhibitor Sandjewels, an Argentina brand, succeeded in attracting buyers with its black onyx jewellery. “We have had business discussions with buyers from Brazil, Russia and Eastern Europe, and have made ourselves better known to Asian buyers, so our show objectives have been met,” said the company’s Richard Frounjian.
Jean Baptiste Senoble, a representative of Switzerland’s Senoble & Bryl SA, said the company was taking part in the show for the first time. “Our customers are high-end jewellers and collectors, mainly based in the United States and Europe, but we want to move into Asia, and this is why we are here. We are particularly keen to develop the Chinese market, but we have also talked with buyers from Japan, Singapore and Taiwan.”
Raymond Ng, Director of Hong Kong’s Yokee Hong Diamonds Jewellery Ltd, said he valued the mainland market and the Indian market in particular. “Mainland buyers are more eager to place orders. Some of them have even placed orders and made money transfers without even seeing the products in question,” he said.
Konstantin Zakirov, a buyer from Russia, said he attended the show “to source silver, cubic zirconia, gold and diamond jewellery. I’ve already met some good suppliers from Hong Kong and Thailand. And I am going to place US$1-US$2 million worth of orders here.”
Australian buyer Antonia Algeri said that the presence of exhibitors from all over the world, and the great variety on offer, “allowed me to buy all my favourite products in one go.”
Hong Kong Jewellery Design Competition Results
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About the HKTDC
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com