The 40th HKTDC Hong Kong International Jewellery Show and the 10th Hong Kong International Diamond, Gem & Pearl Show have recently concluded, marking a resounding success for the Hong Kong Trade Development Council (HKTDC) as they welcomed over 81,000 buyers from 137 countries. This year’s twin shows not only underscored Hong Kong’s status as a leading international trading hub but also highlighted a promising outlook for the global jewellery industry as it regains momentum post-pandemic.
Held across two prominent venues—the Hong Kong Convention and Exhibition Centre and AsiaWorld-Expo—the shows attracted exhibitors and buyers alike, with over 4,000 companies from 44 countries showcasing their latest offerings. The Diamond, Gem & Pearl Show drew over 31,000 buyers, while the Jewellery Show welcomed 49,000, with Mainland China, India, Japan, the Philippines, Thailand, and the United States representing the largest groups of non-Hong Kong visitors.
Industry Optimism for Sales Growth
The on-site survey conducted by HKTDC reflected widespread optimism: 62.3% of participants anticipated overall sales growth within the next one to two years, with trendy fashion jewellery, precious jewellery, and designers’ pieces viewed as the most promising categories. Meanwhile, 44.4% of exhibitors expected an increase in FOB selling prices, while nearly 70% predicted rising production costs. Australia, alongside the Middle East, India, North America, and the ASEAN region, emerged as key markets to watch for expansion.
Sophia Chong, HKTDC Deputy Executive Director, expressed enthusiasm for the turnout: “The twin shows successfully brought global buyers back to Hong Kong, which is incredibly encouraging. Exhibitors noted a renewed energy among buyers, including interest from emerging markets—a significant driver for growth and expansion.”
Product Trends and Emerging Markets
Demand for precious metals and gemstones remained robust, with karat white gold leading the market at 47.3%, followed by karat yellow and rose gold. Diamonds continued their reign as the top gemstone at 53.3%, trailed by rubies and pearls. Many exhibitors, including Jessica Kwan, Director of Universal Jewellery Design Centre, reported higher sales than previous years, attributing this success to an influx of buyers from Mainland China, the Philippines, and the Middle East.
Italian exhibitor Borriello Massimo saw heightened interest in its Mediterranean red coral from markets such as India and the Philippines. Manager Rosaria Borriello noted, “The Hong Kong show is the ideal venue to connect with clients from around the world. Over 20% of our annual business is generated through Hong Kong’s jewellery fairs, making this event invaluable for growth.”
Boosting Hong Kong’s Economic Outlook
Following the success of the jewellery shows, the HKTDC is poised to host an exciting line-up of trade fairs spanning innovation, fashion, electronics, and more, positioning Hong Kong as a focal point for international commerce. From technology to lifestyle, these events will offer a unique one-stop sourcing experience for buyers while solidifying Hong Kong’s status as a global exhibition hub.
For further information, visit www.hktdc.com.