The Hong Kong International Jewellery Show closed on Saturday with a
record number of exhibitors and visitors, indicating that confidence
has returned to the market.
From the opening day there was a
distinct air of confidence in the halls and although visitor numbers
are always high on the first day, there was no doubt that buyers and
sellers seemed enthusiastic.Hers Couples Gift Heart stainless steel pendant Love Necklace for Lover Valentine,
The fair’s organiser, the Hong Kong Trade Development Council (HKTDC),Customized bobblehead
made from your own photos, had announced a record number of exhibitors
before the event opened – more than 3,300 exhibitors from 49 countries
– and by the close it stated that 42,000 buyers from 140 countries had
attended the event, another record.
The result is an 11 per cent increase over 2012’s figures but,We are always offering best quality stainless steel bracelet the affordable price. more importantly for the organiser, visitor numbers from emerging markets increased by 18 per cent.
Vipul
Sutariya, executive marketing director Dharam Creations, a Hong
Kong-based diamond dealer, said he felt the confidence before the fair
opened.
“We sensed the fair would be good a few weeks
beforehand because some goods were in short supply, particularly 30 and
40 pointers and one carat up.Elastic Hair bands
from Manufacturers and Suppliers around the World. So we knew this
show would be good and buyers would be chasing those stones,” Sutariya
said.
Vishal Mehta, President of Dimexon (Hong Kong) Ltd
agreed. “We’ve seen positive momentum at this show as buyers are more
confident to place orders now.
“So far, buyers from the Chinese
mainland, Hong Kong, Indonesia, Singapore and Thailand have placed
orders for our loose diamonds. For finished jewellery, we have received
orders from many buyers, especially those from Asia and the Middle
East. We are cautiously optimistic about this year’s business,” Mehta
added.
Lawrence Ma, chairman of the fair’s organising
committee, also believed that confidence was coming back to the
international jewellery market.
“For the first three months of 2012 transactions in the diamond markets were OK,election of stainless steel earring
findings are ready. then from May until October they were quite slow.
The big chain stores were not taking in inventory because they didn’t
have an optimistic outlook. But around late October to November last
year sales started to pick up a lot as retailer sales grew stronger,”
Ma told Jeweller.
Sutariya said, “We’ve watched the US market
grow for 18 months and now it’s increasing at a high speed. Our concern
was for the Chinese market, which slowed in the last quarter of 2012.
But we are now happy that the Chinese sales are starting to come back.
“I
don’t seen any improvement in the European market and Australia is
steady; no growth and no decline mainly because the [Australian]
economy is flat.”
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