Hong Kong Jewellery and Gem Fair - June
The June Hong Kong Jewellery and Gem Fair is a testament to the city's status as Asia's jewellery and gemstone trading hub.
Celebrating its 25th anniversary, the fair features 1,793 jewellery, pearl and gemstone manufacturers and specialists of other jewellery-related products and services from 36 countries and regions. With a 12 per cent increase in the number of exhibitors, this year's edition - from today until Sunday at the Hong Kong Convention and Exhibition Centre (HKCEC) - is the largest ever, according to Celine Lau, director of jewellery fairs at UBM Asia, the fair organiser.
'Over the past five years, the numbers of exhibitors and buyers have achieved organic gains,' Lau says. This growth reflects a seismic shift in the purchasing pattern of the global jewellery sector: buyers now make more frequent sourcing trips, but purchase in smaller volumes due to more cautious cash-flow considerations. This shift has prompted jewellery manufacturers to deploy more efforts in design diversification to keep pace with the latest fashion trends, Lau says.
As the largest mid-year jewellery fair in Asia, the event will host 14 regional pavilions showcasing jewellery designs, loose diamonds, coloured gemstones and pearls from around the world. They are Antwerp (Belgium), Brazil, China, Germany, India, Israel, Italy, Japan, Korea, Sri Lanka, Taiwan, Thailand, the United States and the International Colored Gemstone Association.
Grouping 415 diamantaires under one roof, mainly from Antwerp and Israel, the Diamond Pavilion at this fair is also its largest ever. 'They are drawn to explore business opportunities in Asia, being enticed by the region's robust economic growth,' Lau says. 'While diamonds enjoy strong demand from the jewellery trade, consumers in the region recognise the investment value of good-quality large diamonds.'