Market News | HKTDC Hong Kong International Diamond, Gem & Pearl Show

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China Updates Mandatory National Standard for Jewelry
Jul 2026

Revised GB 28480-2026 standard updates safety requirements for jewelry in China.

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Shining Through Uncertainty
May 2026

HKTDC conducted surveys with 1,507 buyers and exhibitors at the Hong Kong International Jewellery Show 2026 and the Hong Kong International Diamond, Gem & Pearl Show 2026. Respondents were cautious as to their 2026 prospects and expected that it would take one to two years before confidence was fully restored. They also saw stylish fashion jewellery and precious jewellery as the most in-demand product segments, with gold-karat yellow the preferred choice of metal.

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Jewellery Industry in Hong Kong
Mar 2026

In 2025, Hong Kong exports of fine jewellery increased by 5%, driven by the rise in precious metal prices. At the same time, exports of pearls, gemstones and rough diamonds were down 8%, while exports of imitation jewellery dropped by 26%.

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China Ends VAT Tax Break for Platinum and Diamond Imports
Nov 2025

The General Administration of Customs ceased applying the value-added tax (VAT) exemption policy for imported platinum on 1 November. VAT exemptions for rough diamond imports and tax rebates on finished diamond imports have also been terminated.

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EU Cracks Down on Online Sales Restrictions: Fines Imposed on Bicycle Distributor in Poland with Ongoing Investigation of Jeweller in Italy
Oct 2025

The Polish Competition Authority (UOKiK) announced, earlier this year, a decision imposing a fine of PLN 4.3 million, roughly €1 million, on Scott Sportech Poland. The fine arose from the authority’s finding that the company had unlawfully restricted online sales of bicycles through measures imposed on its authorised dealers. At the same time, in Italy, the national competition authority (AGCM) is pursuing an ongoing investigation into the jewellery company Morellato on similar grounds, specifically concerning limitations placed on distributors regarding online platform sales.

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Dubai Expo Shows Cultural Adaptation Can Be Business-Critical
Jul 2025

International firms attending Professional Beauty GCC 2025 say understanding the Gulf Cooperation Council region’s diversity is essential.

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niin Jewellery: A Sustainable Brand and Innovative Design to Anchor its Online Presence in Indonesia
Jun 2025

Rising income and growing environmental awareness among consumers in Asia-Pacific generate new business opportunities for product and brand stressing on sustainability. Jeanine Hsu, niin’s company founder and designer, spoke with HKTDC Research on the importance of her brand’s values and designs, and her approach to business in the ASEAN region.

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Nine Items Added to GBA Standards List
Jun 2025

The GBA Standardization Research Center announced on 22 May that nine new items have been added to the list of standards to be adopted throughout the GBA upon consultation and mutual confirmation by the parties concerned in Guangdong, Hong Kong and Macao.

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Jewellery - Hong Kong Trade Associations
Apr 2025

This page lists the contact information of Hong Kong trade associations related to jewellery.

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UAE: Precious Metal and Jewel Buyers Now Liable for Own VAT Declaration
Feb 2025

In January 2025, the United Arab Emirates’ Ministry of Finance (MoF) expanded its reverse charge mechanism to include precious metals, stones and jewellery. More specifically, under terms of 2024 Cabinet Decision No.127, VAT-registered businesses are no longer required to charge or collect VAT from other VAT-registered customers for such goods, with buyers now responsible for calculating, declaring and reporting the VAT on their tax returns. The updated regulation applies to such precious metals as gold, silver, palladium and platinum; such precious stones as diamonds (natural and manufactured), pearls, rubies, sapphires and emeralds; and jewellery made from precious metals or stones (though only if the value of the precious metals and / or stones utilised exceeds that of other components).

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