The Israeli diamond industry has once again put together one of the largest international pavilions at this year’s edition of the September Hong Kong Jewellery & Gem Fair.
The Israel Diamond Pavilion, organised by the Israel Diamond Institute Group of Companies (IDI), houses 72 companies and encompasses more than 1,050 square metres of exhibition space. About 15 additional Israeli companies are likewise exhibiting at different locations throughout the show.
The Israel Diamond Pavilion is in Hall 9 of the AsiaWorld-Expo. The IDI Lounge at the heart of the pavilion is offering four dedicated Get Diamonds Show search terminals.
The Get Diamonds Show, a search platform revolutionised by IDI, includes a Chinese version, in addition to English. The proprietary system, which enables buyers to search a database of all goods offered by Israeli exhibitors at the show, has proven to be a popular tool for buyers.
The September Hong Kong Fair is one of the most important shows for the Israeli diamond industry. Asian markets are key to Israel’s marketing strategy, with sales to Asia representing over 30 percent of Israel’s total polished diamond exports. Israel’s net polished diamond exports to Hong Kong in the first half of 2017 rose 7.5 percent to US$733.9 million.
IDI Chairman Shmuel Schnitzer commented, “We are pleased that Chinese demand for diamonds and jewellery is rising after a period of stagnation, and India is also bouncing back. Asian markets are very significant to the Israeli diamond industry. The September Fair is a major one for the Israeli industry and I am pleased that we have a strong presence. I am hopeful about the outcome of the show despite challenges the diamond industry has been facing.”