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Jul 31

Vicenzaoro September : Exhibition leader in Europe for a global jewellery supply chain


The entire jewellery and contemporary watchmaking supply chain will be at Vicenzaoro September from 6th to 10th September at Italian Exhibition Group’s Expo Centre in Vicenza (Italy). A supply chain that, on a global scale in 2023, generated revenues of approximately 725 billion euros (806 billion dollars), and that leading market analysts estimate will grow by a further 5% between now and 2030 driven by markets such as India and China. From fine jewellery to components, semi-finished products, creations in gold or silver, gems, diamonds, packaging, visual merchandising and contemporary watchmaking: Vicenzaoro September is both a showcase of the trends that will be seen in store windows in 2025 and a one-stop shop for professional operators, confirming the IEG exhibition’s place on the podium of the world’s three major jewellery events.

 

THE ENTIRE SUPPLY CHAIN IN SIX DISTRICTSVicenzaoro is divided into communities or districts, each dedicated to a specific segment of the jewellery supply chain, for a total of 1,200 exhibiting brands, thanks also to the temporary halls set up while work on the new hall, scheduled for completion in 2026, is ongoing. ICON features high-end jewellery. Exhibiting companies will include Crivelli, Coin, Palmiero, Chantecler, Verdi, Misani, Nanis, Annamaria Cammilli, Gismondi, Staurino Fratelli and Morellato Group, which recently announced signing a licensing agreement for the production and distribution of Karl Lagerfeld-branded jewellery and watches as of the FW24 season. LOOK features the trendiest contemporary jewellery brands. CREATION is the district specifically for goldsmith manufacturing and component and semi-finished product processing, such as chains, explored, embellished and interpreted in different carat size and colour possibilities. Companies such as Alessi Domenico, Better Silver, Asolo Gold, Chrysos, Silo, Omega Art, Giordini, Alunno & Marcantoni, Neri Romualdo, Orosoffiato, Giordana Castellan, Peruffo, F.lli Bovo, D’Orica, Riccardo Orsato, Veneroso, Unoaerre, Femar and Il Gioiello will be found here. Diamonds, precious and coloured stones will be the main attraction in the ESSENCE district where Gruppo Miranda, Maison Garaude, Dayagi Diamonds, Metro Stones and Gebrüder Meelis will be in attendance. Vicenzaoro will also feature top cameo and coral workers, such as Vittorio Fiorentino, De Simone Fratelli and Cameo Italiano. And for an even more exhaustive offer, the EXPRESSION district showcases solutions dedicated to the world of packaging and visual merchandising. The Palakiss delivery hall, an area for ready-to-wear sales, will complete the Vicenzaoro offer.

AT VICENZA, TIME FOR CONTEMPORARY WATCHESTIME is the district dedicated to contemporary watches and the entire watch industry. Prominent watchmaking brands will include U-Boat, Locman, Junghans, D1 Milano, Herbelin, and many new entries, such as Paul Picot, Watch People, Jacques Philippe, and Marea. Vicenzaoro's b2b offer for timepieces will be completed with the presence of watch brands within the Morellato Group, including Sector No Limits, Philip Watch, Lucien Rochat and Maserati. The “Watches of Italy Selection” project, in collaboration with Watches of Italy, has been confirmed and will feature a selection of innovative Italian micro-brands, including Ichnos, Kienzle and Vertigo Watches. One of the young brands among the success stories is Venezianico, whose automatic watches with high-quality craftsmanship roots, inspired by the history of the Serenissima, have won over enthusiasts all over the world. Private label manufacturers, including Bettinardi, Importime and Chronovenice, accessory brands, such as Wolf and Leanschi, strap manufacturers, like Bonetto Cinturini and GPF Straps, and movement producers with Oisa 1937, will complete the offer.

THE GLOBAL VALUE OF THE JEWELLERY SUPPLY CHAIN AT VICENZAORO SEPTEMBERThe global jewellery supply chain on display at Vicenzaoro September is worth Euro 725 billion (USD 806 billion) and is estimated to grow by an average of 5% from now to 2030, with China and India as the leading markets. These are the estimates of leading industry analysts* for the year 2023. Precious gems (excluding diamonds): a market that achieved revenues of approximately USD 33.2bn. Diamond retailing generated revenues of USD 140 bn. Jewellery with pearls reached a global level of USD 11.8 bn. Coral jewellery generated revenues of USD 3.2 bn.Global gold jewellery revenues (without gemstones) were valued at approximately USD 184.85bn. This figure includes all categories of gold jewellery, such as rings, necklaces, bracelets and earrings. Revenues for fine jewellery were estimated to have reached about USD 366bn. Demi-fine jewellery closed 2023 at USD 2.9bn in revenues. The wristwatch market was valued at approximately USD 64bn (this figure includes all watch categories, from analogue or digital to modern smartwatches). Lastly, global jewellery packaging revenues were estimated at around USD 168m in 2023.


TURKEY, TOP MARKET FOR MADE IN ITALYWorld demand for gold jewellery in the first quarter of 2024 showed a slight decline (-2%) compared to 2023. The world’s number one market was confirmed as China, with a 195t share of a 479t global demand (40.7%), albeit down 5% compared to 2023. Next came India with a 4% growth (data processed by Intesa Sanpaolo’s Research Department). The expansive phase of Italian exports (Euro 3.3 billion, +55.4% in value and +36.7% in quantity) benefited from a leap in the Turkish market, which has become the first in importance for Made in Italy jewellery. Sales rose from Euro 179 million to Euro 1.3 billion. All the Italian gold districts have been affected: Arezzo went from 134 million to over a billion (+732%). Vicenza grew by 19%, Valenza +6%. Overall, the three districts achieved exports for 2.9 billion with a growth of 1.2 billion (+66%) compared to the first quarter of 2023. The trend towards the United States (1.4%), Switzerland (+12%) and the United Arab Emirates (+21.1%) was also positive. In 2023, exports grew at double-digit rates (+11.1%) for a value of EUR 10.9 billion (ISTAT data processing by Confindustria Federorafi’s Study Centre).


INTERNATIONAL COLLECTIVES AND INSTITUTIONAL ATTENDANCESIEG's event will also host international operator collectives such as HKJJA - Hong Kong Jewellery & Jade Manufacturers Association, India's GJEPC- Gem and Jewellery Export Promotion Council, and Francéclat, the French committee for the economic development of the watch, jewellery and gold sectors, as well as institutional presences from the Veneto, Sicily and Campania regions.


From 6th to 8th September, in conjunction with Vicenzaoro September, VO'Clock Privé, a

free-entry, open to the public event dedicated to contemporary watches featuring the latest market news, talks and technical seminars for the community of enthusiasts, will also be held at the IEG Expo Centre.



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