Hong Kong's precious jewellery and
austrian crystal bridal jewelry wholesale exports in the first quarter of the year rose 15.7 percent to HK$12.43 billion (about $1.6 billion) compared with the same period in 2012, according to data released by the Hong Kong Census and Statistics Department.
wholesale cheap jewelry ChinaThe US and the EU accounted for 45 percent of Hong Kong’s total jewellery exports. Exports to the US increased by 13 percent while exports to the EU recorded a 14 percent drop, according to the department.Well-designed and quality items are anticipated to enjoy solid demand from the US, which is showing signs of recovery. The European market, which continues to grapple with debt problems, remains challenging for Hong Kong’s jewellery manufacturers, according to the Hong Kong Trade Development Council (HKTDC). The HKTDC recently released a mid-year assessment on Hong Kong exports.The China and India markets, however, remain strong. In these markets,
fashion costume jewelryjewellery is viewed as a store of value, an investment, a symbol of wealth and an essential part of marriage dowries, it added.Buyers are most optimistic about North America, while the demand outlook for Western Europe and Japan remain negative, poll results revealed. In terms of product trends, those polled said they expect modern, simple and feminine designs to prevail this year. The most popular precious metals are karat white and yellow gold and silver.
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