The Israeli diamond industry will once again bring a large number of delegates to the upcoming Hong Kong International Diamond, Gem & Pearl Show, with the Israel pavilion hosting 70 companies.
The pavilion is organised by the Israel Diamond Institute Group of Companies (IDI). There will also be 10 Israeli companies exhibiting in other locations throughout the venue. Among the Israeli exhibitors, four are participating in the show for the first time.
The Israel Diamond Pavilion will hold for the first time an auction of special stones offered by Israeli exhibitors. The goods will be on view and bids may be placed during the first two days of the exhibition on February 27 and 28. Progress on the bidding will be shown on screens located within the pavilion.
The Israel Diamond Pavilion will measure over 1,000 square meters and will be located in the Diamond Hall at the AsiaWorld-Expo. A spacious lounge will offer a place to relax with refreshments served throughout the day. “Get Diamonds Show” terminals will enable buyers to search a computerised database in both English and Chinese of all goods offered by Israeli exhibitors at the show. Buyers are also able to access the Get Diamonds Show system on their smartphones.
Israeli exhibitors will be presenting diamonds of all shapes and sizes, with several companies showing very large and important stones and fancy colour diamonds. Moreover, many of the exhibitors will also be showing specially designed pieces of diamond jewellery.
Hong Kong is Israel’s second largest market for polished diamonds, representing close to 30 percent of total polished diamond exports. In addition to this show, IDI organises national pavilions in three other Hong Kong shows in June, September and November. Israel also supplies polished diamonds to China, India, Thailand, Singapore, Taiwan, Japan, Australia and other Far Eastern markets.
IDI Chairman Boaz Moldawsky commented, “As the gateway to Asia, Hong Kong is very important for us. This is the first show of the year, and we see it as an indication of how Asian markets will behave during 2018. Fortunately we have seen an upswing in Chinese diamond jewellery purchases and we are looking forward to a good show.”