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The records indicate that about 17,000 buyers attended the recently concluded 30th anniversary Hong Kong Watch & Clock Fair. There were also 12 percent more visitors, mostly from the Middle East and Southeast Asia.

Hong Kong Trade Development Council, which organized the event, ordered an independent study to gain better insight into market trends. Researchers interviewed 408 exhibitor and 705 buyers for this purpose. Results show cautious optimism as the dominant opinion regarding the market for the next year.Swiss Replica Watches The highest hopes are set on the Chinese market. The interviews with exhibitors revealed that four fifths of the companies either had orders or were at least in the process of negotiating them during the "Baselword of the East".

The fact that two-thirds of fair exhibitors are already selling their products in China mainland or are preparing to do so in the next 3 years is important to note. The sales volume of those who have already begun selling in China, the most populous nation on earth, is expected to increase in the coming year.

Watch manufacturers cited higher production costs in China as their main concern. About one-third of them expected higher prices for the watches.

The market for the most growth is China, but only in the color of your choice. Southeast Asia and India are also promising markets. Most buyers believe that black is the color of choice for dials and straps.

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In the survey, it was found that nearly half of manufacturers source parts for their products in Japan. One third of the manufacturers admitted to looking for parts elsewhere after the devastating earthquake in Japan earlier this year.

Benjamin Chau, Deputy Executive Director at the organization responsible for the largest watch fair in the world, expressed his satisfaction about the fair's latest edition.Panerai Luminor Chrono Replica The survey, in his opinion shows that buyers and exhibitors use the event to make connections with each other. Mister Chau concluded that the Hong Kong Watch and Clock Fair would continue to be an important event for companies who want to build their business networks.