This year, the Israeli diamond-processing industry will be presented for the first time in a separate pavilion at the International Diamond Cutter Exhibition in Hong Kong, which will be held from November 27 to 30 at the Hong Kong Convention and Exhibition Center. This is reported by Rapaport.
In the pavilion organized by the Israel Diamond Institute (IDI), the products of 26 companies will be presented, of which 17 will participate for the first time. Hong Kong is the second largest diamond market in Israel and accounts for about 30% of the export of such products. Net exports of polished diamonds from Israel to Hong Kong in 2013 amounted to about $ 1.7 billion.
The Israeli diamond industry has for many years opened the doors of its pavilions at various major exhibitions in Hong Kong, for example, in March, June and September. These exhibitions often aroused the interest of diamond cutters from Israel, and the number of participants grew year by year. At the upcoming November exhibition IDI will launch a special computer database called "Find your diamond", which allows buyers to pick diamonds from Israeli manufacturers for their requests.
IDI Chairman Moti Ganz said that he is pleased to provide Israeli diamond processing companies with the opportunity to exhibit their products in Hong Kong. "Our constant participation in the Hong Kong exhibitions was very productive, and at these exhibitions we were able to find buyers not only from Hong Kong, but also from the rest of Asia and even Australia." In these markets, showing steady growth, we were able to assess the quality of diamonds from Israeli diamantaires. I am sure that the November exhibition will become an important link in the chain of our exhibitions around the world, "Gantz assured.
Managing Director IDI Eli Avidar (Eli Avidar) expressed optimism about the forthcoming exhibition. "Based on our past experience of participating in Hong Kong exhibitions, I can confidently state that the November exhibition will be a great help for exporters of our diamonds." Some of our diamantaires have been successfully exhibited here for several years. "We have included 17 more Israeli companies in the list of exhibitors and we believe that a separate pavilion for Israel will allow better demonstration of each of its participants, "he concluded.