The number of buyers and presences increased at the 2018 edition of VicenzaOro January ♦ ︎
Down the curtain of VicenzaOro January. How did it go? The official numbers of the Italian Exhibition Group, which organizes the event, are pink. During the six-day fair, which Ieg prefers to define as a platform, more buyers have been seen compared to last year (+ 10% compared to the January 2017 edition), coming from 130 countries. Overall, there were over 36,000 visitors (last year there were 33,000), despite the defections of some historic Maison, however, offset by some new entry.
In particular, for the 1,500 brands, 40% coming from 35 countries, continental Europe grew: Germany with + 22% of visitors, + 14% for the United Kingdom, + 20% Greece. Other European and contiguous markets also increase significantly, such as Turkey + 34%, Russia + 15%, Ukraine + 13%. Cala, instead, Spain.
According to the final press release, as regards distribution, it is worth mentioning the restart of Italy, with a 10% increase in buyers, which seems to announce a recovery in the market after a subdued two year period. Despite this, VicenzaOro has registered the overtaking of the number of foreign buyers present compared to those Italians.
Other numbers related to the visits: “operators from the US have increased in this edition by 24%, those of Japan by 31%, China by 29% and the United Arab Emirates by 9% (despite the recent difficulties recorded for the introduction of the new VAT tax). The increase registered by India is worth 51%. The Asian country, which is responsible in 2017 for the strong international recovery in the demand for gold for the processing of jewelry, shows a great interest, above all, for the production technologies present at T.Gold », states the IEG press release.
This is also the merit of the Italian government’s initiative, given that 500 buyers were hosted, selected from the main markets on budget of Ice, which were added to the more than 1500 operators managed directly by IEG.
Next meeting: Hong Kong (1-5 March), where VicenzaOro or, better, the IEG platform dedicated to jewelery and jewelry industry will be present with T.Gold Iinternational + Mets.