Jewellery & Gem ASIA Hong Kong (JGA) concluded its first big event since 2019 on 25 June, 2023, setting the stage for renewal and transformation as the industry undergoes a massive transition.
In a format similar to its pre-pandemic editions, JGA, previously known as the June Hong Kong Jewellery & Gem Fair, brought together 1,688 exhibitors from 33 countries and regions, representing every facet of the jewellery supply chain.
Against the backdrop of the Hong Kong Convention and Exhibition Centre (HKCEC) from 22 to 25 June, the impressive roster of suppliers showcased the latest products, trends and innovations in the business, reaffirming JGA’s reputation as Asia’s biggest and leading mid-year B2B platform for the jewellery industry.
“JGA had an impactful edition and now that the dust has settled, we have the chance to reflect on what a momentous, eye-opening event this was for our community. The show floor provided insight into the complex reality of today’s market, with softer demand for certain types of polished goods, tight pearl supply and the lingering standoff between buyers and sellers on gemstone prices. We also observed less-than-strong demand from Mainland China, which we expect to be temporary, and slower pick-up on long-haul travel. These new market realities have prompted everyone to readjust their expectations accordingly,” saidDavid Bondi, Senior Vice President of Informa Markets in Asia.
“As we look back on the show, we can appreciate the positive influence it has on the industry and the realisation that we all have to innovate, adapt and evolve in the face of new challenges, and to embrace change. With this fresh perspective, we, as an industry, can move forward with renewed energy.”
To say it was refreshing being back on JGA’s Hong Kong show floor after a three-year break is an understatement, Bondi continued.
“The jewellery industry is amidst one of its most exciting transformations, and while it won’t be an easy road ahead, JGA’s return was met with optimism and hope, and will undoubtedly build momentum for the biggest jewellery show in the world,Jewellery & Gem WORLD Hong Kong (JGW), which is celebrating its 40th edition this September. We are ready to take on the challenges and opportunities that await us with confidence and determination,” he said.
JGA’s show floor offered buyers an array of attractions and endless possibilities to explore, withover 30 pavilions and signature sections. The CORE Pavilion, a popular mainstay, celebrated Hong Kong’s strengths in jewellery craftsmanship, manufacturing and design. Other highlights included theFine Design and Fine Gem Pavilions (FDP/FGP), as well as the Fine Jewellery, Fei Cui Gallery, and Antique & Vintage Jewellery sections, and the Diamond, Coloured Gemstone and Pearl zones. Trade association-led and themed sections provided attendees with access to an extensive range of offerings.
In addition to the exhibits, attendees had the opportunity to engage in three panel discussions, featuring industry leaders discussing topics such as the future of the jewellery industry and lab-grown diamonds. The panellists were Lawrence Ma, founding President and Chairman of the Diamond Federation of Hong Kong; Noy Elram, Managing Director of Sarine Asia Pacific; Ioannis Alexandris, Founder and CEO of GEMOLITHOS; Victor Yiu, Director of ZURI Jewellery; Devansh Shah, Partner at Venus Jewel; Smit Virani, Managing Director of Ethereal Green Diamond (HK) Limited, and Zulu Ghevriya, CEO and Co-Founder of Smiling Rocks.