市场情报 JNA May/June 2023 | 53 Diamond rings by Vama Creation Co Ltd Vama Creation Co Ltd的钻石戒指 Hong Kong Celine Lau, director of Jewellery Fairs at Informa Markets Jewellery, said Hong Kong is at the forefront of revival strategies in the international gemstone and jewellery trade. With hassle-free access to and from China now possible, Hong Kong can once again fulfil its role as a global business hub. Informa Markets organises two of the most important annual sourcing events in Hong Kong –Jewellery & Gem ASIA Hong Kong (JGA) and Jewellery & Gem WORLD Hong Kong (JGW). This year’s edition of JGA is scheduled for June 22 to 25 at the Hong Kong Convention and Exhibition Centre (HKCEC) while JGW will be held from September 18 to 22 at AsiaWorld-Expo and September 20 to 24 at HKCEC. “Undoubtedly, our Hong Kong fairs serve as highly effective marketplaces for international suppliers targeting China’s B2B buyers,” explained Lau. “With the reopening of the border with China, we are optimistic about welcoming China buyers and industry-leading exhibitors to our Hong Kong fairs this June and September once again.” JGA 2023 marks the show’s return to its most familiar in-person B2B format since 2019. According to Lau, exhibitor sign-ups for JGA are pacing ahead, with around 1,500 industry-leading finished jewellery, gemstone and technology solutions suppliers from more than 30 countries and regions confirming their presence. The show will also feature product-specific pavilions, trade association-led sections and its signature pavilions – CORE, Fine Gem and Fine Design. Lau said she expects buyers from China, member countries of the Association of Southeast Asian Nations, South Asia, the US, Europe and the Middle East to participate in this year’s JGA and JGW, adding that Informa Markets’ Buyer Promotion is currently in full swing. Online registrations are likewise progressing well. Amid consistently high raw material prices based on industry observations from Informa Markets’ one-off show in Singapore in September last year and the March fair in Hong Kong this year, both the supply and demand sides are currently seeking a “new normal price,” explained Lau. JGA will serve as a platform for both parties to test and determine their acceptable price ranges, she added. “The jewellery sector, much like other industries, is currently facing a dynamic and challenging business landscape – one that underscores the importance of building genuine and deeper relationships with customers and of making one’s products and services more relevant to consumers,” remarked Lau. “As the central meeting point perfectly timed for the coming peak selling seasons, JGA can help the buying community accomplish that.” Upbeat sentiments Bhavesh Parmani, owner of Thailand-based diamond jewellery manufacturer Vama Creation Co Ltd, said the pandemic has altered consumer preferences in terms of pricing and jewellery design. The company’s fastest-moving products now are mostly rings adorned with G-colour diamonds of VS and VVS clarity grades that sell for US$1,000 to US$2,000 at wholesale. Vama’s major markets are Europe, Asia, the US and the Middle East. “Customers are looking for smaller items as opposed to prepandemic times when big, diamond-studded necklaces were more popular,” revealed Parmani. “They buy in quantity but smaller pieces such as rings, earrings, pendants, small sets and budget and gift items. They are very cautious with spending, too.”
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