9 March 2011
Record Buyer Turnout for Hong Kong Jewellery Show
Overseas Buyer Totals Up More than 20 Per Cent
The five-day jewellery show, which ended yesterday, enjoyed a record number of buyers and exhibitors from all over the world
Italy, the show’s inaugural Partner Country, featured a “Jewels of Italy” seminar and gala evening
9 March 2011 – Some 37,000 buyers, a new record, took in the HKTDC Hong Kong International Jewellery Show, which ended its five-day run at the Hong Kong Convention and Exhibition Centre yesterday.
The show also attracted a record 2,800-plus exhibitors from 46 countries and regions, making it the most international of the Hong Kong Trade Development Council’s fairs, as well as the largest in total area.
Buyers increased 16 per cent, with overseas buyers up 23 per cent, led by Hong Kong’s three major export markets for fine jewellery: the United States, up 22 per cent, Switzerland, up six per cent and France up 30 per cent. (A jewellery fair webcast is available at: http://www.youtube.com/watch?v=TLdDIn2Hr6Q.)
Emerging Market Buyers
Buyers from emerging markets turned out in force as well, with buyers from the Chinese mainland up 33 per cent, India up 41 per cent, Russia up 27 per cent and Brazil up 29 per cent. Buyers from Japan were up 16 per cent.
First-time buyer Li Dong Mei, General Manager of the Chinese mainland’s Shanghai First Asia Jewellery Co Ltd, said that she had been "negotiating with up to 10 exhibitors for the supply of gold and diamond jewellery," adding that the fair was a great chance to gain better understanding of the latest market trends.
"This is our first visit to the Hong Kong show. We love it, as we can see so many different products from all over the world,” said Karri Pasqualini, a fashion jewellery and sterling silver buyer for Sears Canada Inc. Sears operates 122 department stores across Canada. "We’ve met many gracious people wishing to do business with us. So far, we’ve established contacts with four potential suppliers. Hong Kong is a valuable sourcing place for us."
Exhibitor Ida Wong, General Manager of the Tahitian Pearl Association of Hong Kong, was pleased with the turnout. "Buyer attendance was good, and the buyers have greater confidence in the market than last year."
Christopher Slowinski, President of US-based Christopher Designs Inc, a first-time exhibitor to the show, was equally impressed: "We are very happy to be here, as the show brings us a large number of customers from across the world. We are negotiating with several new customers involving potential orders worth up to US$8 million."
Hong Kong, he added, "is a great place for our expansion into Asia."
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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