A delegation from the Panama Diamond Exchange and the World Jewelry Hub will be travelling to Chile from July 27-29, 2015 on a promotional trip that is part of its outreach programme in Latin America.

The delegation, which is being led by Judy Meana, PDE Vice President, together with Lilibeth del Castillo, PDE Office Manager, will conduct a roadshow for members of the local trade in the Chilean capital of Santiago on July 28.

Chile is an increasingly prominent jewellery supplier, with the annual total revenue of the sector forecast to reach $800 million by 2018, about double its value in 2010.

"Chile is a market that is firmly on our radar," said Meana. "With a median per capita household income of $14,000, it is home to Latin America's most uniformly affluent population, and that offers tremendous opportunity for the diamond, gemstone and jewellery sectors."

Among the PDE member companies scheduled to join the Chile roadshow are: AA Diamondz, A Diamante Group, De Viany Jewelers, DHV America, GemDiam (Kiran Gems), Gran Sabana Diamonds, MP Diamonds, Niru Group, Rosy Blue, Shlophili, and Yakubov Group Panama.

This is the fourth PDE roadshow to travel to South America in the past two months, with previous delegations visiting Lima, Peru; Bogotá, Colombia; and Guayaquil, Ecuador.