There are still months to go until Baselworld 2015 (scheduled for March 19-26), but the largest jewelry and watch fair is already in motion and has identified the trends that will dominate next year. The Swiss experts of the great event have identified five trends. Here they are.
Trend 1 If rose gold has dominated in recent years, it seems that yellow could come back into fashion. Brands are starting to evaluate the possibility of using yellow gold again and not just occasionally.
Trend 2 Radiant Orchid is another trendy color in the jewelry industry and designers are introducing it into their collections.
Trend 3 Diamonds. According to Baselworld experts, analyses
confirm that the diamond market will remain balanced in the immediate future, while the gap between supply and demand is set to widen due to the expected increase in demand driven by China, India and the United States. Over the next decade, demand and supply are expected to grow at a compound annual rate of 5.1% and 2.0% respectively.
Trend 4 The use of colored gemstones in the manufacture of fine jewelry is increasing. “The trend towards color diversity is growing rapidly,” according to Constantin Wild, a gemstone dealer from Idar-Oberstein (Germany). “Fine jewelry is increasingly favoring colored gemstones. There is a growing trend among jewelers to collaborate with gemstone houses that specialize in particular stones, colors and cuts, to offer unique products.”
Trend 5 Demand for pearls remains strong and the sector is struggling to satisfy the market. In general, prices are rising everywhere, due to growing demand from Asia. Higher quality and larger diameter pearls are in short supply. Prices for golden South Sea pearls have risen over the past four years, partly in the wake of natural phenomena such as the typhoon in the Philippines. Traders report a 30% to 40% increase in prices for white South Sea pearls, due to a decline in production over the past three years. In Tahiti, the shortage of 8mm to 9mm pearls has pushed up prices for those with smaller diameters, while the best quality pearls, 15mm and above, are hard to find.
