Strong Israeli Presence Expected at Hong Kong Diamond Show

The Israeli diamond industry will have a major showing at HKTDC’s Hong Kong International Diamond, Gem & Pearl Show in March with a large contingent of exhibitors and an enlarged pavilion. In addition, Israeli diamond jewelry will be the stars of the event’s gala dinner fashion show.

The Israel diamond pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will host 115 companies. There will also be about 30 Israeli companies exhibiting in other locations throughout the show floor. Among the Israeli exhibitors there will be 11 companies that are participating in this show for the first time.

Once again, IDI will be the sole sponsors of the event’s gala dinner. This year for the first time, the gala will feature a fashion show of models wearing Israeli diamond jewelry. Jewelry by Israeli companies Sorum, Shlomo Bichachi, Aharonoff Creations, Leibish & Co., Yakubov Group and Moti Kashi will be featured.

The Israel diamond pavilion at the Diamond Hall at the AsiaWorld-Expo has been expanded to 1,560 square meters. This year it will include a luxury lounge, with all day refreshments and “Find Your Diamond” terminals. Additional “Find Your Diamond” terminals will also be located at the diamond bar in Hong Kong pavilion in Hall 7. 

The “Find Your Diamond” system, enables buyers to search the inventory of all Israeli exhibitors at the show to find the exact diamonds they are seeking. The proprietary system, developed by IDI especially for trade shows, has proved extremely beneficial to both buyers and exhibitors.

The Israeli exhibitors will be presenting diamonds of all shapes and sizes, with several companies showing very large and important stones and fancy colored diamonds. Moreover, many of the exhibitors will also be showing specially designed pieces of diamond jewelry.

Hong Kong is Israel’s second largest market for polished diamonds, representing close to 30 percent of total polished diamond exports. In addition to Hong Kong, Israel supplies polished diamonds to China, India, Thailand, Singapore, Taiwan, Japan and other Asian markets.

The Israeli diamond industry is very keen to foster trade with Asian markets. IDI's chairman, Moti Ganz, said,  “The demand for polished diamonds in Asia is growing and the potential is huge. More and more, diamonds are being viewed in Asia as a prime luxury item. There is also increased interest in diamonds as an investment channel.”

IDI's managing director, Eli Avidar, said he was confident about the success of this show for Israeli exhibitors. “Demand for polished diamonds has grown over the past several months, both in Asia and in the U.S. markets. The Hong Kong March show is very important as it is the opening show for 2015 and attracts buyers from the entire region, as far off as Australia. This is a very good venue for Israeli diamantaires to meet existing clients and to establish new business contacts.”

Avidar added that IDI would be participating in four trade shows in Hong Kong this year -- in March, June, September and November.