UK buyer numbers up 22% as show reports return of confidence.
Organisers of the HKTDC Hong Kong International Jewellery Show have reported that visitor numbers at this year’s show were up 9 percent on last year.
There was also an increase in international buyers, with overseas visitors jumping 28 percent on last year. The number of UK visitors at the five-day show were up 22 percent on last year.
Lawrence Ma, chairman of the HKTDC Hong Kong International Jewellery Show Fair Organising Committee and the HKTDC Jewellery Advisory Committee, said: "We saw encouraging figures and a strong response to the Jewellery Show this year. The buyer attendance figures tell us that the retail market is in recovery, not only from mature markets such as Europe and the US, but also from emerging markets such as Eastern Europe and India."
Billy Lau, Chairman of the Hong Kong Jewellery & Jade Manufacturers Association, said that there was an increased number of buyers from emerging markets such as Russia, South Africa and the Middle East. The buyers were said to be attending the show to source gold an platinum jewellery.
Lau added that the high price of gold had boosted demand for alternatives, including rose gold and silver products. "Black diamonds and brown diamonds also received good response from buyers," he said.
This year’s HKTDC Hong Kong International Jewellery Show featured more than 2,600 exhibitors from 44 countries and regions.