International News
Optimism Soars at 2025 Hong Kong Jewellery Shows, Surpassing Market Expectations
Exhibitors and buyers alike are upbeat about the future, with increased participation from global markets, particularly the Middle East and ASEAN regions, despite global economic uncertainties.
The 2025 Hong Kong Jewellery Shows, held from March 2nd to 8th, exceeded expectations, with exhibitors noting strong market sentiment despite concerns over the global economic outlook. Organised by the Hong Kong Trade Development Council (HKTDC), the twin shows drew over 82,000 buyers from 141 countries, highlighting Hong Kong’s role as a global jewellery trade hub.
The event was split between the Hong Kong Convention and Exhibition Centre (HKCEC) and Asia World-Expo, and attracted 4,000 exhibitors from over 40 countries. The Diamond, Gem & Pearl Show saw about 32,000 visitors, while the International Jewellery Show hosted roughly 51,000 buyers. According to an on-site survey, the Middle East was seen as the most promising market for growth in the coming years, with 40% of respondents expecting a sales increase and over half anticipating stable sales.
The International Jewellery Show featured new zones like Gold Jewellery, showcasing unique designs, and the Young Jewellery Designer Arena, supporting emerging talent. This year’s event also brought forward innovation with over 30 industry seminars, including a focus on local design and new opportunities in the jewellery sector.
Despite a cautious economic climate, Indian exhibitors like Venus Jewel and Tankaria experienced strong networking but reported moderate orders, mainly due to a sluggish Chinese economy. Meanwhile, exhibitors also noted the importance of expanding into markets such as Southeast Asia, the Middle East, and North America.
An HKTDC survey found positive expectations for industry growth in markets like the Middle East (76.8%) and India (72.6%), with technology, including AI and big data, expected to shape the jewellery landscape in the coming years. Fashion and precious jewellery were highlighted as key growth categories, with diamonds (47.6%) emerging as the most sought-after gemstone.
Notable exhibitors like Hatta Chang and HC Arnoldi saw sales exceed expectations, with some anticipating growth of up to 50%. Buyers from regions including Mainland China, the Middle East, and the United States also showed strong interest, with several planning to place large orders.
In a bid to enhance accessibility for Muslim buyers, special measures were introduced, including prayer rooms, shuttle services to mosques, and Muslim-friendly amenities. The event also embraced digital innovation, with the EXHIBITION+ hybrid format and AI-powered platforms enabling seamless online matching and discussions between buyers and exhibitors.
Overall, the 2025 Hong Kong Jewellery Shows set a positive tone for the industry, with increased buyer interest, new opportunities for design and innovation, and strong potential for continued growth in key global markets.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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