Huge Market

Sales of jewelry, watches, and fashion accessories in the Korean market were valued at US$ 3.75 billion in 2002. In the last four years, the growth rate has shown an annual 8 % increase.

• Korea 's Jewelry Domestic Sales reached US $3.75 billion in 2002.
• Independent Retail Shops: US $2 billion (53.3%)
• Jewelry Chain Stores: US $ 700 million (18.7%)
• Department Stores: US $417 million (11.1%)
• TV Home Shopping: US $267 million (7.1%)
• Fashion mall & Big Mart: US$ 200 million (5.4%)
• Internet & Catalogue: US$ 167 million (4.4%)
• In 2002, Korea's Jewelry import increased 53.6%, Diamond import increased 43.9% and Pearl import increased 40.3% (Compared to 2001)
• In 2002, Korea's Watch & Clock import reached US $192.5 million
  (15% increase compared to 2001)
• In 2003, Korea 's Jewelry import increased 28.9 % even other industry have some difficulties to overcome the crisis.
• In 2003, import rates of pearl, diamond, fine jewelry, and gemstone got increased.

 

Did you know… ?

• With an average of 350,000 couples getting married every year, weddings present significant business opportunities in Korea . Fine jewelry is an indispensable part of the trousseau for a bride and groom. The jewelry business thrives most in the fall, the preferred wedding season in Korea .
  
• First birthday baby celebrations are another important part of Korean culture, and the traditional gift from parents, relatives, and friends is a gold ring. Each year some 600,000 babies receive one-year-birthday gold rings.
  
• Korean present a piece of fine jewelry to their parents on their 60th birthday. This is a long-established tradition based on Korean's love for jewelry.
  
  

Great Opportunity to Network with Industry Professional

Jewel Fair Korea 2008 will offer you an opportunity to establish your own network with Korean industry professionals including 2,000 manufacturers, 900 wholesalers, 20,000 retailers and some 75,000 employees. Where else will you have the chance to build your own network with a magnitude of industry professionals?

Furthermore, the show organizer will invite many VIPs such as association executives, big buyers journalists from home and abroad.

Low Cost, High Return

Exhibiting at Jewel Fair Korea 2008 is an activity that gains publicity, contacts and sales at an effective cost. The raw space fee is US$ 2,100 based on 9 square meters. Moreover throughout the year, Jewel Fair Korea will be heavily promoted in or by:

• Advertising and editorial coverage through International jewelry magazines and directories such as Jewelry News Asia, Jewellery World Review and International Files LUXURY.
• Promotional stands at the world's leading jewelry and watch shows.