China’s Jewelry Market, Diamond Market Is The Fastest Growing Market

In recent years, the diamond jewelry market, the market is the fastest growing market, total market consumption rising. In the past year, an increase of more than 15% of diamonds sold in Mainland China became only the world’s major economies to keep growing.

Hong Kong autumn auction in the same period and jewelry Session “held the top rare wines,” the auction, Hong Kong, Taiwan and the mainland buyers accounted for the number of successful bidder of the auction market for 85% of the total number, the number of mainland wine buyers than last year 9.8%.

According to the U.S. “The Wall Street Journal” reports, the best wine, watches and jewelry and other non-art auction of luxury goods in the international market, mainland China Regal driven up demand and the comprehensive situation. Christie said, demand for wine from the Mainland last year increased by about 10% over the same period.

In such non-art luxury of so, on the most expensive diamond jewelry. And Christie’s in Hong Kong Happy Valley will be held in the same period in the other a jewelry auction – Japan and China Kuang-affinity co-sponsored jewelry auction, the number of buyers from the mainland shuttle which frequently raised placards.

According to statistics, in 2008, the Shanghai Diamond Exchange diamond trade totaled 1.37 billion U.S. dollars, the total diamond jewelry retail market in China more than 20 billion yuan. October 2008 to the first quarter of 2009, by the international financial crisis, Europe and the United States and Japan are important diamond market there is a clear decline, but the diamond market in Mainland China still maintained a rapid growth, is the world’s major economies The only region to maintain the growth of diamond sales.

But the brand of the bare diamond future trends, we can not judge whether what people’s spending habits will change with these new products? From the “diamond city” Antwerp’s bare drill will really create a unique brand when the price mechanism? How they will maintain the growth of diamond price system? Diamond Brand is about to bare with the traditional view of diamond consumption (including the 4C standard) battle? Need to see the diamond jewelry market, other players will not make us so soon find out. Many high-end jewelers who wish to further expand market share in China, such as diamonds in Hong Kong recently ended show, more than 80 companies came from Antwerp display their products; French jewelry and watch manufacturing companies are expected to Cartier in the next 34 years, China will become its largest market

You may have interested in fashion jewelry,Korean jewelry,and wholesale jewelry from china.

Fashion jewelry and the prospect of the development of the international status

China’s fashion jewelry market after a few short years time by a few years ago, has accounted for only 1% of the world in the forefront of the world, after the United States and Japan. In 2005 China’s total sales of jewellery market about 140 billion yuan, 5.49 billion of export sales, in the front row, the gold output reached 225 tons, silver amounted to 6000 tons, ranked fourth in the world and the third. In 2006, with the development of China’s economy, people’s consumption level, the fashion jewellery is become the housing, Wholesale Fashion Jewelrycars after China people’s third largest consumption hotspot. And by 2007, the market more prosperous, according to the ministry of commerce of the key enterprise of flow data show that the monitoring 2007 1 to 5 month of gold and silver jewelry consumption than the same period in 2006, the accumulative increase 34.6%, is 28 categories of goods monitoring the fastest growing goods.

In addition, August 2007 national gold and silver jewelry consumption jumped 53%. In the third quarter of 2008 gold demand is strong, up to us $31.8 billion, including investment demand a 51% increase over 2007. It is estimated that by 2010, China’s jewelry years total sales more than 200 billion yuan, exports more than us $7 billion, is expected to become the global fashion jewelry processing and consumption center, and will become one of the world trade center. One of the jewelry 2009 years is a jewelry industry will fittings of the year, the jeweler if “love for”, that is definitely an advantage-when people started to cut the budget to buy clothes, they may take some extra money to consider accessories, in order to increase the old car, and new, Fashion Jewelrypeople like existence feeling strong thing, best are more wide belt, big-outline model shoes and handbags, this is the large capacity new fashion world.

The fashion jewellery in recent years China has become the world a few fashion jewelry ornaments spending more than 10 billion dollars in one of the countries. Mainland China consumer groups huge, the four fashionable and Tokyo, Hong Kong and other cities act the role of article years total trade nearly 100 billion us dollars, but Chinese women adorn article per capita share of less than 5% is a huge market potential, visible. For a time, China fashion jewelry market consumption growth will depend mainly on the wedding, diamond consumption and overseas tourists consumption demand to drive the three. In addition, the every year 10 million couples hoping for the consumption of the marriage produced as high as 250 billion yuan. Especially the birth rate as high as 21% of the eighty s was born group will from 2007 to 2012 years or so into the marriage age, only the wedding jewelry consumption is good prospects. The fashion jewellery is to take the lead in international open one of the industry.