Pearls of virtually every type, quality and price point imaginable is once again an important part of the the September Hong Kong Jewellery & Gem Fair. The world’s largest jewelry trade show includes a dedicated area filled with loose pearl suppliers who are presenting pearl parcels, pairs, strands and layouts at the AsiaWorld-Expo.
In addition, a number of design houses will be showcasing high and fine jewels using pearls at the Hong Kong Convention and Exhibition Centre, when this portion of fair opens Wednesday (but that’s another story).
The pearl pavilion at AWE is one of the largest spaces dedicated to a single product category at the fair. Loose pearl dealers from all over the world are exhibiting including suppliers and from Australia, China, France, French Polynesia, Hong Kong, Indonesia, Japan, Myanmar, Singapore, the UK and the US.
“Pearls are universally loved for their classic simplicity and timeless beauty,” said Celine Lau, director of Jewellery Fairs at Informa Markets. “They personify refined elegance and are impressively versatile at the same time.”
According to the Tahitian Pearl Association Hong Kong (TPAHK) round 8mm to 10mm pearls are the hottest items under the Tahitian pearl category in the first half of the year.
“However, with the continued efforts of the association and by joining hands with leading jewelry design competition organizers in the promotion of asymmetrical shapes – drop, oval, circle and baroque pearls among others – we anticipate pearls in fancy shapes to further grow in popularity,” the association said in a statement.
Despite global economic uncertainties, the Tahitian pearl auction held in July netted encouraging results, according to TPAHK. “Top-quality pearls were in great demand but supply was inadequate. There were fewer commercial-grade pearls displayed at the auction. Thus, the average price increased by almost 48 percent when compared with the auction results in March of this year,” according to the association. “Total sales were approximately 35 percent higher than anticipated. Hong Kong and Japan continued to be the top buyers, accounting for 75 percent of sales.”
TPAHK members are presenting commercial- and high-quality pearls sourced from the recent auction at the September Fair. “The timing is ideal for the coming peak selling season,” the association noted.
The portion of the fair that includes loose pearls and other jewelry making materials at the AWE will run till September 20; while the finished portion of the jewelry fair opens at the HKCEC Wednesday and runs till September 22.