JGT Dubai 2023: The Global Jewellery and Gemstone Industry’s Premier B2B Sourcing Event Returns Bigger and Brighter
DUBAI, United Arab Emirates – November 15, 2022 – Following an overwhelmingly successful debut, Jewellery, Gem & Technology Dubai (JGT Dubai) is set to make its highly anticipated return to the Dubai World Trade Centre (DWTC) from February 12 to 14, 2023. This second edition promises an even more extensive showcase, featuring a larger contingent of world-class exhibitors, innovative product introductions, and the prestigious second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion. Positioned as the essential B2B platform for expanding international business into dynamic new markets, JGT Dubai 2023 is designed to be “The Centre of Business” for the global jewellery, gem, and technology sectors.
Building on the momentum of its inaugural event, JGT Dubai has experienced robust demand for exhibition space from international suppliers eager to kickstart the buying season with a significant impact. The upcoming edition is projected to host approximately 400 leading suppliers from over 20 countries and regions worldwide, marking an impressive increase of at least 30% in exhibitor numbers compared to the 2022 show. To accommodate this remarkable growth and unwavering demand for prime booth locations, the sourcing event is expanding its footprint by adding a new exhibition hall, effectively boosting the gross exhibition space by a substantial 40% to reach an expansive 15,000 square meters. This expansion underscores JGT Dubai’s rapid ascent as a pivotal event on the global jewellery calendar.
A Strategic Alliance for Global Reach and Local Expertise
JGT Dubai represents a unique and powerful joint venture between two of the jewellery industry’s most influential event organizers: Informa Markets Jewellery and Italian Exhibition Group SpA (IEG). Informa Markets Jewellery, renowned as the organizer of Jewellery & Gem WORLD Hong Kong (JGW), the world’s largest fine jewellery marketplace, brings unparalleled global reach and market insight. JGW itself is preparing for its full return to Hong Kong next year, further solidifying Informa’s commitment to the industry. Italian Exhibition Group SpA (IEG), the driving force behind Vicenzaoro, one of the most respected and influential jewellery shows globally and a premier European trade fair, contributes its deep expertise in design, craftsmanship, and European market trends.
The synergistic blend of these two industry titans’ resources, extensive global networks, and profound local market knowledge is further amplified by the invaluable support of key strategic partners. DMCC (Dubai Multi Commodities Centre) serves as JGT Dubai’s Official Partner, providing essential infrastructure and market connectivity within Dubai’s thriving business ecosystem. The Dubai Gold and Jewellery Group (DGJG) acts as the fair’s esteemed Industry Partner, ensuring strong engagement with the local and regional trade community and fostering an environment conducive to successful business collaborations. This collaborative foundation positions JGT Dubai as an unrivaled platform for business development and market penetration.
Celebrating Excellence: The JWA Dubai Awards 2023
Adding an extra layer of excitement and prestige to the JGT Dubai experience is the second annual JWA Dubai Awards Presentation Ceremony and Panel Discussion, scheduled to take place on Day 1 of the fair. This regional iteration of Informa Markets Jewellery’s globally recognized Jewellery World Awards (JWA) stands as one of the industry’s most distinguished annual celebrations, honoring exceptional individuals and groundbreaking businesses within the Middle East’s dynamic jewellery and gemstone sector. The awards serve as a beacon, highlighting innovation, leadership, and outstanding achievements that drive the industry forward.
For the 2023 edition, the JWA Dubai Awards will recognize excellence across four pivotal categories: Brand of the Year – Retail, Outstanding Enterprise of the Year, Outstanding Coloured Gemstone Enterprise of the Year, and Young Entrepreneur of the Year (for individuals aged 40 or below). The highly anticipated winners for 2023 are slated to be announced in December, setting the stage for their recognition at the fair. Complementing the vibrant discussions and business opportunities at JGT Dubai, the fair also strategically precedes the International Colored Gemstone Association (ICA) Congress. Hosted by DMCC from February 15 to 17 at the Almas Conference Centre, the ICA Congress is a unique gathering that convenes global leaders and experts in the coloured gemstone sector, fostering dialogue and collaboration immediately following JGT Dubai.
Dubai: The Golden City – A Global Sourcing Powerhouse
JGT Dubai 2023 firmly establishes Dubai’s escalating reputation as a world-class sourcing destination for the jewellery and gemstone industry. The event will showcase a diverse and robust roster of industry-leading companies spanning finished and semi-finished jewellery, loose gemstones, and cutting-edge jewellery technology. Attendees will have an unparalleled opportunity to engage with top-tier suppliers and discover the latest trends and innovations shaping the market.
The impressive exhibitor list features esteemed diamond manufacturers such as Choron Diamonds DMCC, G. Arabov, Hari Krishna Exports, SRK, Taché, and Yondor Diamonds, representing the pinnacle of diamond craftsmanship and supply. For lovers of vibrant hues, leading coloured gemstone specialists like Blue Gems Supplier, Emerald 18, Noor Gems Japan, and Takat Gems USA will present an exquisite array of precious and semi-precious stones. Furthermore, renowned finished jewellery producers including Chrysos, Graziella Group, KGK Jewellery (HK), La Marquise Diamonds & Watches, and Royalking Jewellery will display their latest collections, from classic elegance to contemporary designs. Beyond exquisite pieces, JGT Dubai also embraces the technological advancements driving the industry, with a strong representation from innovative jewellery technology solutions providers such as Balestri Technologies, Graphite Hi Tech, and Sisma, offering tools and systems that enhance efficiency and creativity.
David Bondi, Senior Vice President of Informa Markets in Asia, shared his enthusiasm for the upcoming event, stating, “JGT Dubai is impeccably timed for an industry that is actively positioning itself for a powerful resurgence in 2023. Returning larger and more vibrant than ever, it serves as the trade’s foremost meeting point. This is the crucial marketplace where our community can ignite growth by finalizing crucial first-quarter transactions and forging new connections. There has never been a more vital moment for our industry to unite, rebuild, and actively pursue new revenue opportunities. We extend an earnest invitation to our entire community to join us in this exciting season of reopening, in one of the world’s most exceptional locations for conducting business – Dubai.” Bondi further elaborated on Dubai’s unique appeal, drawing parallels with Hong Kong. He highlighted the emirate’s distinct vibrancy and magnetic energy, unmatched by any other city globally. He noted that Dubai’s unique status as a premier global tourism destination and a preferred business centre for the world’s largest corporations makes it the quintessential venue for JGT Dubai, offering both accessibility and a dynamic commercial environment.
Echoing these sentiments, Corrado Peraboni, Chief Executive Officer of Italian Exhibition Group, commented, “JGT Dubai is preparing for an even grander and more comprehensive second edition in 2023. This expansion unequivocally validates the strategic foresight in choosing Dubai as the undisputed hub of the gold business and an indispensable gateway to the lucrative Middle Eastern, African, and West Asian markets. The palpable enthusiasm with which operators have embraced this new initiative, coupled with the remarkably high percentage of reconfirmations for 2023, further underscores the immense value of the collaborative efforts of all partners. We have meticulously combined our diverse skills and extensive experience to generate novel development opportunities for the entire sector. We are profoundly satisfied with the progress and reaffirm our unwavering commitment to diligently serve the industry. At JGT Dubai, we champion innovation across products, processes, procurement policies, and business strategies, recognizing them as key competitive differentiators at every tier of the value chain. Buyers attending the show will be empowered to implement optimal sourcing choices, thereby significantly enhancing their competitiveness by connecting with leading companies and top professionals in a truly phenomenal global trade destination like Dubai – the ideal environment for substantial business growth.”
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, emphasized the strategic importance of Dubai, stating, “Dubai has indisputably evolved into a global focal point for both the precious metals and precious stones industries. Consequently, there is no more fitting location to host such a critically important B2B trade show as JGT Dubai. Through our own strategic events and as an integral part of our mandate to attract and vigorously promote trade through Dubai, we have consistently found that the greatest successes are achieved by effectively connecting industry stakeholders and proactively facilitating new trade opportunities. This fundamental principle perfectly encapsulates the essence of JGT Dubai, and as such, we are immensely looking forward to actively participating in JGT Dubai once again, contributing to its continued success and the prosperity of the global trade community.”
As companies globally continue their journey of recovery and adaptation following nearly three years of unprecedented disruption, this international B2B sourcing event is strategically poised to attract a high concentration of significant buying power within the industry. JGT Dubai provides a focused and efficient platform for businesses to re-engage, revitalize supply chains, and secure essential transactions.
Tawhid Abdullah, Chairman of the Dubai Gold and Jewellery Group (DGJG), reflected on the event’s impact, commenting, “Following the resounding success of the inaugural edition this year, we are eagerly anticipating the evolution of JGT Dubai’s second edition, and its firm establishment as one of the most highly sought-after B2B trade shows on the global jewellery calendar. We sincerely believe that this premier show will not only propel the growth of the local jewellery trade but also decisively pave the way for international buyers to increasingly consider Dubai as their primary destination for all their diverse jewellery requirements.”
The Proven Power of Dubai as a Sourcing Hub: Insights from JGT Dubai 2022
The launch edition of JGT Dubai, held from February 22 to 24, 2022, provided compelling evidence of Dubai’s strength as a global sourcing hub. The event successfully attracted 4,244 unique visitors from an impressive 100 countries and regions, who collectively made 6,001 visits throughout the show period. International buyers formed a significant segment of this attendance, accounting for a robust 46.2% of all unique attendees. This international appeal was further amplified by the presence of over 200 hosted wholesalers, retailers, and prominent brands from key markets including Eastern Europe, the Middle East, North Africa, South America, and South Asia, underscoring the event’s broad global reach and influence.
The 2022 edition proudly showcased a meticulously curated selection of more than 300 high-quality suppliers hailing from 23 diverse countries and regions, offering a comprehensive and diverse array of products and services. The success of the first edition laid a solid foundation for the continued growth and expansion of JGT Dubai, affirming its role as an indispensable event for industry professionals seeking to connect, trade, and innovate.
Dubai’s Unmatched Global Trade Position
The UAE’s strategic geographical positioning and proactive economic policies further underscore Dubai’s undeniable strengths as a global jewellery and gemstone marketplace. In 2022, the Emirates significantly bolstered its status as a world-leading trade and logistics hub by entering into crucial Comprehensive Economic Partnership Agreements (CEPA) with economic powerhouses like India, Israel, and Indonesia. These agreements facilitate smoother trade flows and create new opportunities for businesses operating through Dubai. Furthermore, CEPA discussions are actively ongoing with a host of other dynamic economies, including Cambodia, Georgia, Kenya, Pakistan, the Philippines, South Korea, Türkiye, and many more, signaling Dubai’s continuous commitment to expanding its global trade network.
As a world-leading diamond trading centre, Dubai’s dominance is reflected in its impressive trade volumes. The emirate oversaw diamond transactions valued close to US$20 billion in the first half of 2022 alone. This remarkable figure represents a substantial increase of 24.7% compared with the same period in the previous year, as reported by the Dubai Diamond Exchange. Such robust growth highlights Dubai’s pivotal role in the global diamond trade and its unwavering commitment to facilitating secure and efficient transactions for the industry.
About Informa Markets Jewellery
Informa Markets is dedicated to creating dynamic platforms where industries and specialist markets can thrive through trade, innovation, and growth. Informa Markets Jewellery, our global jewellery vertical, stands at the forefront of this mission, offering an unparalleled suite of in-person and cutting-edge web-based sourcing experiences, innovative digital solutions, and dedicated B2B platforms. These resources meticulously connect international buyers with top-tier quality sellers across the fine jewellery, gemstone, and fashion jewellery and accessories markets. Our deep industry experience, extensive influence, and unwavering focus as a trusted partner are profoundly enhanced by our comprehensive global jewellery portfolio. This portfolio encompasses prestigious fairs and events held in key international cities, a powerful digital platform known as JewelleryNet, a dedicated Jewellery Media team spearheaded by our flagship publication, JNA, an enriching education-based programme titled Jewellery & Gem Knowledge Community, and the industry’s most revered awards programmes – the Jewellery World Awards (JWA, formerly known as the JNA Awards), and its esteemed regional edition, JWA Dubai. Discover more at imjewellery.jewellerynet.com.
About Italian Exhibition Group (IEG)
Italian Exhibition Group S.p.A., a distinguished joint stock company listed on Euronext Milan (a regulated market organized and managed by Borsa Italiana S.p.A.), has, through its state-of-the-art facilities in Rimini and Vicenza, achieved a dominant national leadership position in the organization of impactful trade shows and conferences. IEG’s strategic expansion of activities abroad – critically including joint ventures with global or local organizers in key regions such as the United States, United Arab Emirates, China, Mexico, Germany, Singapore, and Brazil – has firmly established the company among the top European operators in the exhibition sector. IEG’s commitment to excellence and international collaboration makes it a pivotal player in facilitating global trade and industry connections.
About DMCC (Dubai Multi Commodities Centre)
Headquartered in the vibrant heart of Dubai, DMCC stands as the world’s most interconnected Free Zone and the undisputed leading trade and enterprise hub for commodities. Whether meticulously developing thriving neighbourhoods with world-class property developments like the iconic Jumeirah Lakes Towers and the highly anticipated Uptown Dubai, or consistently delivering high-performance business services, DMCC provides every essential element its dynamic community requires to truly live, work, and flourish. Created specifically for trade, DMCC takes immense pride in its unwavering commitment to sustain and vigorously grow Dubai’s unparalleled position as the definitive global destination for trade, today and far into the future. DMCC is a cornerstone of Dubai’s economic success and a vital partner in fostering international business.