Dubai International Jewellery Week at the Dubai World Trade Centre

Dubai International Jewellery Week at the Dubai World Trade Centre

27.11.2013: Regional contribuction to global consumer demand for gold jewellery sees double

Regional contribuction to global consumer demand for gold jewellery sees double digit year-on-year growth - World Gold Council report


Dubai International Jewellery Week, 4-7 December 2013





photo caption:  More than 100 VIP buyers will descend upon Dubai International Jewellery Week, 4-7 December at the Dubai World Trade Centre.



Hosted Buyers Programme at Dubai International Jewellery Week lays the red carpet for top level buyers as regional demand for gold jewellery grows 25 per cent



An international delegation of more than 100 VIP buyers will descend upon next month’s Dubai International Jewellery Week as double digit year-on-year growth of consumer demand for gold jewellery reinforces increasing global popularity of luxury goods.


According to the World Gold Council’s Gold Demand Trends report, published this month (November 2013), consumer demand for gold jewellery worldwide grew by 20 per cent for the year ending September 2013, reaching 3,757 tonnes and valued at US $ 183.9 billion.


During the same time period, the report said regional consumer demand for gold jewellery has grown by 25 per cent, reaching 225.8 tonnes and valued at US $ 10.9 billion, with the UAE and Saudi Arabia featuring prominently.


In the UAE, gold jewellery demand has grown by 23 per cent, reaching 73.1 tonnes worth US $ 3.5 billion, while neighbouring Saudi saw 71.7 tonnes of consumer gold jewellery demand worth US $ 3.4 billion - up 13 per cent year-on-year.


The global and regional upswing of consumer gold jewellery demand is also reflected in the expected turnout of registered Hosted Buyers at the Dubai International Jewellery Week, which takes place from 4 to 7 December at Dubai World Trade Centre (DWTC).


Dedicated top-level buyers from Albania, Bahrain, Kuwait, Macedonia, Russia, Saudi Arabia, Turkey and Ukraine, will look to purchase the latest rough stones, precious gems and metals and finished fine jewellery from more than 360 exhibitors taking part in the four-day consumer and trade event.


Trixie LohMirmand, Senior Vice President, DWTC, which organises Dubai International Jewellery Week, said: “Lower gold prices and growing consumer confidence has resulted in a significant increase of consumer demand for gold and jewellery, both regionally and globally. Gold and jewellery is a major contributor to the Middle East’s luxury market, and Dubai has always been at the forefront of the sector, attracting luxury consumers from around the world.


This is why Dubai International Jewellery Week is such an important business networking platform – it provides an effective gateway into the high value regional market, while bringing together the world’s most prominent jewellery makers and serious international buyers.”


Jamil M. Ali Farsi, Founder of Farsi Jewellers from Saudi Arabia, one of the hosted buyers at last year’s Dubai International Jewellery Week, added: “The show’s Hosted Buyer Programme is a highly-effective way to meet new and existing vendors, engage suppliers from around the world and source new products – the quality of exhibitors is always outstanding.”


Now in its 18th year, Dubai International Jewellery Week is the Middle East’s largest and most influential jewellery event, with exhibitors from more than 30 countries showcasing billions of dollars worth of precious gems and jewels.   


The combined consumer and trade event will attract more than 20,000 visitors, bringing together manufacturers, wholesalers, retailers and industry professionals looking to establish global relationships and come face-to-face with major buyers in the lucrative regional market. 


The region’s most dazzling social and jewellery shopping event returns with the 5th Jewellery Design Awards, attracting amateur and professional designers from across the world, each competing to be rewarded for excellence in jewellery design, innovation and creativity. 


Also returning are daily seminars conducted by GIA Middle East, the world’s foremost authority in gemology. Leaving no stone unturned, visitors will learn all there is to know about diamonds and jewellery, from making the perfect purchase to taking proper care of their favourite jewels.


Dubai International Jewellery Week takes place in Halls 5 - 8 at DWTC. For the latest show information, and to register, visit www.jewelleryshow.com.


Follow Dubai International Jewellery Week on Twitter and join us on Facebook.



 
About Dubai International Jewellery Week


-   The 17th edition of Dubai International Jewellery Week (DIJW) was organised by Dubai World Trade Centre (DWTC) and took place 21-24 November 2012 and attracted more than 20,000 visitors

-   DIJW is open to consumers and trade visitors

-    Dubai International Jewellery Week is organising the 5th  annual Jewellery Design  Awards

-   Gemological Institute of America (GIA) will host daily seminars on the latest  jewellery trends and jewellery care in the Middle East



About Dubai World Trade Centre (DWTC)



As the organiser of Dubai International Jewellery Week, Dubai World Trade Centre offers more than 30 years’ experience of delivering world-class events in the Middle East, providing local, regional and international exhibitors with unmatched expertise and in-depth market knowledge. Our team organises 18 of the largest and most successful international and regional shows in Middle East, providing an ideal platform for business development in the region.

Our commitment to ongoing innovation within the exhibition industry has supported the rapid growth and development of a wide range of business-to-business and business-to-consumer shows, and delivered consistent satisfaction to exhibitors and visitors. DWTC works with the leading trade bodies and industry associations to ensure that all exhibitions deliver full value and are built upon the real needs of their specific sector.



Gareth Wright / Sharrah Kapadia ,Total Communications Dubai also photos

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27.11.2013 / MaP

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