Vicenzaoro organizers and exhibitors expressed optimism for the market in 2023 following steady trading and buoyant sentiment at the Italian jewelry fair.
The show attracted a record number of exhibitors and visitors, Italian Exhibition Group (IEG) reported Tuesday. Attendance grew 11.5% compared with the pre-pandemic January 2020 edition, reaching a total of 1,300 exhibitors from 36 countries.
Vicenzaoro, which ran from January 20 to 24, has a history stretching back almost seven decades. It is the largest jewelry, watches and accessories trade show in Europe, according to IEG, and takes place in the industrial fair grounds of Vicenza in northeast Italy, near Venice.
The five-day show offered manufactured precious jewelry — both “Made in Italy” and from other countries — as well as loose white and colored diamonds, colored gemstones, watches, vintage jewelry, technology and accessories.
Hong Kong-based Caram Gems reported strong enquiries at its stand in the “Essence” gemstones hall. The company had just come off a successful holiday season, notably for the rarest and most beautiful stones, such as large, exquisite no-oil or low-oil Colombian emerald pairs, said Rahul Jain, its director.
“Christmas was quite good,” Jain told Rapaport News. “Sales were strong for the higher-end colored stones such as emeralds. We were expecting a bit of a slowdown due to the negative news internationally, but it turned out that the higher-end consumer was resilient.”
ORIGINALLY PUBLISHED ON RAPAPORT