Japanese Jewelry Market Report: The Trend Is Changing – Japan Jewelry Sales Investigations – Jewelry

Was reported as early as late spring of this year, Japanese media reported that Japan’s first time in history to make gold (198,7.20,3.77%, right) and exports exceeded its total imports. Japan’s urban areas, “mineral”?? The use of electronic devices and equipment for mining – the alleged storage of gold and other precious metals also rich in resources than South Africa. It seems that this once resource-poor countries are being transformed into a resource-exporting countries.

Separate ways the media quickly took note of this trend changes. Today, the Japanese jewelers are not by imports, but the hands of madness from the public purchase of various precious metals and diamonds.

In the past this entire decade, Japan’s diamond and jewelry market is stagnant, smart foreign buyers have always been a very sluggish Japanese market carefully harvested a large number of its larger size, better grade of diamond products and ship them to overseas. These buyers are the big plus is the use of the objective situation and the price of the diamond market of Japan and the rest of the world market is relatively long-term isolation, due to their unique diamond grading and pricing system caused. Japanese traders in the trading activities of little use Laipabote price list provided.

Change In recent months, almost all of the rapid growth of prices of natural resources is to make jewelry and diamond markets increased pressure. Members agreed that this transaction is the worst they have ever seen the market, especially Laipabote in May raised its list price after the price. Some dealers even refused an interview request to the media, said, “You know how the same thing.”

However, in May this year after soaring prices, it is obvious that the larger size, better quality, sophisticated technology extremely sought-after gem, the price is sometimes higher than the price of the table has a lot of money but also high prices; However grade low grade gems are those with less price down even lower. This is a gem and jewelry wholesalers to disclose to the media.

“On the one hand, consumer buying behavior in moderation, especially non-essential items such as jewelry,” Japan Jewelry Association (JJA), a company director and head of ISC Iwasaki said, “On the other hand, a The new state of mind is sweeping the industry as a whole: ‘Consumers do not buy time, then let us buy it from them.’ “As every day, announced a new price?? prices usually rise day by day, so the public is clear diamonds and jewelry in their hands the value of what it means, they are ready to take advantage of this value.

“And not just jewelry or precious metal products. People sell everything they buy from a brand name clothing, handbags to scarves. Japan has become a huge second-hand market.”

Purchase successful NJC company may be in Japan from the public to buy precious metals and diamonds, the most successful product companies. According to information released by the company website, NJC throughout Japan for nine procurement office, and expects annual sales in 2009 will exceed 12 billion U.S. dollars. “I have heard that the company’s turnover this year has reached 1.1 billion U.S. dollars.” Iwasaki said, “Japan’s jewelry industry, which companies do not like NJC so well.”

The company is established 12 years ago, when Japan’s economic bubble has just burst. At that time, most large jewelry companies in Japan still buy from overseas manufacturers of diamond products, and “the hands of the public to buy from the domestic practice is controversial,” NJC Sasaki recalls, “We were moving against the current. “

NJC start from the precious metals trading, the monopoly of gold and platinum products. We bought gold and platinum refining into gold bars and gold bullion products, and then sold to dealers or other precious metals exported from Japan. Among Japanese consumers over the years has accumulated a large amount of precious metals, especially in 1980 and began to reach its peak in 1992 of the bubble economy. In 1983, Japan raised the tax on the bulk diamond products, the Japanese started buying a lot of diamonds.

NJC was aware of the price will go so high? Sasaki said, “not high enough to this level, but people always praised our vision.”

NJC first and most important is that it is a metal dealer, although if consumers want to sell it, companies have also accepted, including diamond products including other products. Sasaki said, “Today, our business is not limited to any particular item. A diamond shipment we have received from crushed diamonds to large size diamonds.”

NJC is a regular Hong Kong Jewellery Show exhibitors, exhibitors during the company sold its diamond products to local buyers in Hong Kong. In Hong Kong Jewellery Show in March this year, the company reported sales of 2.8 million U.S. dollars worth of diamonds. “The local buyers rushed in to our booth,” Sasaki commented, “They know that diamonds are very cheap from Japan.”

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