Report Update: Dec 1, 2023

U.S. Jewelry And Silverware Market. Analysis And Forecast to 2030

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Jewelry and Silverware Price in the United States - 2023

Name: Jewelry and Silverware Price in the United States - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Jewelry and Silverware Price the United States, IndexBox, market research, global market, publisher

Jewelry and Silverware Price in the United States (CIF) - 2023

In August 2023, the average jewelry and silverware import price amounted to $12,544 per ton, growing by 3.6% against the previous month. In general, the import price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in April 2023 when the average import price increased by 22% month-to-month. The import price peaked at $71,280 per ton in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($53,564 per ton), while the price for Botswana ($6,055 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (-0.9%), while the prices for the other major suppliers experienced a decline.

Jewelry and Silverware Price in the United States (FOB) - 2023

In August 2023, the average jewelry and silverware export price amounted to $68,824 per ton, growing by 4.1% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 23% against the previous month. As a result, the export price reached the peak level of $71,337 per ton. From February 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the United Arab Emirates ($87,014 per ton), while the average price for exports to Belgium ($37,729 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Jewelry and Silverware Imports in the United States

In 2022, imports of jewelry and silverware into the United States stood at 813K tons, therefore, remained relatively stable against the previous year. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,458%. As a result, imports attained the peak of 2.3M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, jewelry and silverware imports totaled $48.7B in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Jewelry and Silverware in the United States (Billion USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	10.6	8.6	15.9	16.0	14.7%
Israel	6.9	3.5	5.4	6.6	-1.5%
Belgium	1.9	1.2	1.8	2.9	15.1%
China	3.2	1.9	2.8	2.9	-3.2%
Thailand	1.1	1.0	1.6	1.8	17.8%
South Africa	1.1	0.8	1.6	1.5	10.9%
France	1.1	0.7	1.4	1.3	5.7%
Switzerland	0.5	0.9	1.0	0.8	17.0%
Botswana	0.3	0.2	0.3	0.5	18.6%
Sri Lanka	0.1	0.1	0.1	0.2	26.0%
Others	7.7	7.5	13.2	14.2	22.6%
Total	34.5	26.4	45.0	48.7	12.2%

Top Suppliers of Jewelry and Silverware to the United States in 2022:

India (287.3K tons)
China (253.6K tons)
Israel (37.7K tons)
Sri Lanka (24.2K tons)
Thailand (23.6K tons)
Botswana (21.2K tons)
France (20.8K tons)
Belgium (14.9K tons)
Switzerland (14.3K tons)
South Africa (13.5K tons)

Jewelry and Silverware Exports in the United States

In 2022, the amount of jewelry and silverware exported from the United States soared to 68K tons, increasing by 237% against 2021. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 947%. As a result, the exports reached the peak of 99K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, jewelry and silverware exports soared to $32B in 2022. Over the period under review, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Jewelry and Silverware in the United States (Billion USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Israel	4.2	2.2	3.1	3.9	-2.4%
Hong Kong SAR	5.7	2.3	2.8	3.3	-16.7%
Belgium	2.5	1.6	1.9	2.6	1.3%
United Arab Emirates	0.9	0.7	1.0	1.4	15.9%
Canada	0.9	0.9	1.1	1.3	13.0%
Japan	0.8	0.6	0.7	0.8	0.0%
Mexico	0.4	0.2	0.4	0.6	14.5%
China	0.4	0.4	0.7	0.6	14.5%
Australia	0.3	0.2	0.2	0.3	0.0%
South Africa	0.2	0.1	0.2	0.3	14.5%
Others	14.8	9.6	13.6	16.9	4.5%
Total	31.0	18.8	25.8	32.0	1.1%

Top Export Markets for Jewelry and Silverware from the United States in 2022:

United Arab Emirates (23.3K tons)
Canada (8.8K tons)
South Africa (8.3K tons)
Mexico (5.6K tons)
China (4.7K tons)
Belgium (3.5K tons)
Israel (2.7K tons)
Japan (2.2K tons)
Australia (1.6K tons)
Hong Kong SAR (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the jewelry and silverware market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• NAICS 339910 - Jewelry and silverware manufacturing

Companies mentioned:

• Herff Jones

• Jostens

• O. C. Tanner Company

• David Yurman Enterprises

• US Synthetic Corporation

• Swarovski North America Limited

• James Avery Craftsman

• American Achievement Corp

• Alex and Ani

• Tharperobbins Company

• Jacmel Jewelry Inc.

• Mtm Recognition Corporation

• Maui Divers of Hawaii

• Kabana

• Mel Bernie and Company

• Commemorative Brands

• Tiffany and Company

• Associated American Industries

• Samuel Aaron

• Jotaly

• Almond Jewelers

• AAC Group Holding Corp.

• Aaron Group

• Monogram World

• Swarovski U.S.Holding Limited

• O. C. Tanner Manufacturing

• Visant Corporation

• Tvci Holding

• Prestige Designs

• HK Designs

Country coverage:

• United States

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the U.S.

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022