Jewelry buyers from PH, other emerging markets grow

BUYER attendance from emerging markets, including the Philippines, “recorded a considerable increase” in the recently concluded two international jewelry shows held in Hong Kong, where items with more affordable prices becoming popular among those who go for trendy fashion jewelry. This is also an affirmation that this autonomous territory, in southeastern China, is indeed a hub for promotion and sourcing for the jewelry industry.

Citing an independent onsite survey that it commissioned during the shows, the HKTDC or Hong Kong Trade Development Council said 56-percent of the 1,300 buyers and exhibitors who were interviewed expect a steady overall sales for this year, while 28-percent see an increase; prices, however, are seen by 69-percent of the respondents to remain steady while 23-percent say these will rise.