MARKET INTELLIGENCE 市场情报 JNA November/December 2023 | 43 2023 delivered on its promise to effectively facilitate B2B networking and transactions. “I was impressed to see what I saw in the show,” explained Karim. “We saw an uptrend in footfall and overall market interest. Of course, it is not the same as pre-Covid levels, but it will take time and we are aware of that.” The company liaised with Middle Eastern and Chinese buyers who were on the lookout for a wide range of products, including high-end diamond and coloured gemstone jewellery sets as well as daily-wear pieces. Sebastian Leyser of German gemstone and jewellery manufacturer Thomas Leyser also attested to the presence of a broad range of buyers at the fair. “Transactions may have been a bit slow in some areas, but it will not take long. Those inventories need to be filled. You can sense that from the people on the floor. They are desperate to fill their inventories and to supply that demand,” commented Cody. Douglas Hucker, CEO of ICA, meanwhile described 2023 as a “solid year” for JGW and ICA. He explained, “The traffic on the floor was strong and consistent, and clearly buyers were returning to trade fairs to replenish inventories and renew relationships. The atmosphere throughout was positive and our ICA exhibitors were pleased with the quality of buyers in attendance.” High-quality goods Professional trade buyers were on the lookout for premium-grade fancy yellow and pink diamonds and Colombian emeralds alongside classic and everyday-wear jewellery designs, according to Yash Khinduka, managing director of HYT Jewelry. “JGW has bounced back strongly after three years. Our company did very well. We entertained many existing clients and prospective buyers, too. The show has always been a great platform to showcase all our collections under one roof,” shared Khinduka. HYT Jewelry gained new customers from China, Taiwan, Indonesia, the Philippines, Japan and Singapore. Karim Mahallati, COO of Bangkok-based Mahallati Jewellery, confirmed this observation, adding that JGW Number of overseas and domestic visitors to JGW 2023 JGW 2023本地及海外买家分布 Visitor Profile 买家概况 Number of Hong Kongbased visitors 本地买家 16,422 30.48% Number of visitors from outside Hong Kong 香港地区以外买家 37,457 69.52% Total number of visitors 买家总数 53,879 100%
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