Jewellery & Gem ASIA Hong Kong (JGA) successfully concluded its first big event since 2019 on 25 June, 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’s show floor offered buyers an array of attractions and endless possibilities to explore, with over 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 the Fine 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.
Compared to the 2019 fair, the 2023 edition was slightly smaller in scale, with exhibitor figures accounting for 87% of the 2019 show. Additionally, visitor attendance was down by 16% compared with the pre-pandemic edition. The fair’s attendees were predominantly from Asia, with 96% of the visitors coming from the region, which can be attributed to various factors. Mainland China and Hong Kong were the top represented markets, followed by the Philippines, India, Japan, Taiwan, Thailand, Indonesia, Singapore, South Korea, the USA, Malaysia and Australia, in descending order of buyer representation.
The decrease in attendance by both exhibitors and buyers was not entirely unexpected since the industry is currently experiencing softer market demand and significant pricing and supply adjustments. In addition, much of the world is still adapting to a new reality where travel is not the same as before, which further impacted attendance.
To commemorate JGW and JNA’s 40 extraordinary years, Informa launched the “Extraordinary 40” Awards programme, which is held under the auspices of the Jewellery World Awards. This initiative aims to pay tribute to 40 individuals who have gone above and beyond to shape and transform the jewellery industry.
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