The Israeli diamond industry will once again be strongly represented at JCK Las Vegas.
The Israel Diamond Pavilion, hosted by the Israel Diamond Institute Group of Companies (IDI), will feature 31 exhibitors, with an additional 25 Israeli diamond companies exhibiting throughout the show.
The US is Israel’s leading market for polished diamonds, making the JCK show especially important for the Israeli industry. Last year, Israel sold close to 40 percent of its net polished diamond exports of $7.2 billion to the American market, a total of $2.8 billion.
The Israel Diamond Pavilion will be located in the Diamond Plaza Booths B3718-B3759 and B3783-B3789. IDI will be represented at stand B3744 within the pavilion.
"The US market is showing recovery and we are pleased to see that the demand for diamonds is growing. About one-half of the diamonds sold in the US are Israeli diamonds. Americans appreciate diamonds as a symbol of love and commitment. We are confident in our ability to continue to be the major supplier of diamonds to the US market," IDI Chairman Moti Ganz said.
The Israeli diamond industry is “an island of stability, in a time of volatility and uncertainty in other centres,” Ganz said, adding that the Israeli industry has proven its strength and vitality by its remarkable recovery after the world economic crisis.
"Our economic stability makes us a very attractive source for diamonds. This is the basis for our new marketing campaign whose slogan is ‘Welcome to Israel, where stability reigns,’" he said.