Ireland - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJewelry Price in Ireland - 2023
Contents:
- Jewelry Price in Ireland (FOB) - 2023
- Jewelry Price in Ireland (CIF) - 2022
- Jewelry Exports in Ireland
- Jewelry Imports in Ireland
Jewelry Price in Ireland (FOB) - 2023
In August 2023, the average jewelry export price amounted to $15.3M per ton, rising by 2.9% against the previous month. Over the period under review, the export price recorded a pronounced expansion. The growth pace was the most rapid in January 2023 an increase of 249% m-o-m. As a result, the export price attained the peak level of $27,888 per kg; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($48.5M per ton), while the average price for exports to Germany ($1.8M 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 the UK (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Jewelry Price in Ireland (CIF) - 2022
The average jewelry import price stood at $3,959,861 per ton in 2022, reducing by -23.6% against the previous year. In general, the import price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 233% against the previous year. Over the period under review, average import prices reached the peak figure at $5,185,609 per ton in 2021, and then dropped sharply in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($17,337,679 per ton), while the price for China ($225,859 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+48.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Jewelry Exports in Ireland
Jewelry exports from Ireland soared to 285 tons in 2022, with an increase of 226% on the previous year. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 358%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, jewelry exports fell slightly to $1.1B in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 568%.
| Export of Jewelry in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.2 | 210 | N/A | 273 | 151.3% |
| United States | 10.3 | 34.4 | N/A | 82.3 | 99.9% |
| Italy | 3.5 | 37.7 | N/A | 57.5 | 154.2% |
| United Kingdom | 25.3 | 31.2 | N/A | 34.0 | 10.4% |
| Germany | 3.7 | 11.8 | N/A | 15.5 | 61.2% |
| Spain | 3.7 | 13.7 | N/A | 13.9 | 55.5% |
| Others | 44.5 | 384 | 1,119 | 590 | 136.7% |
| Total | 108 | 723 | 1,119 | 1,066 | 114.5% |
Top Export Markets for Jewelry from Ireland in 2022:
- China (183.5 tons)
- United States (26.7 tons)
- Italy (22.8 tons)
- Germany (9.6 tons)
- Spain (7.5 tons)
- United Kingdom (4.5 tons)
Jewelry Imports in Ireland
In 2022, after two years of decline, there was significant growth in purchases abroad of jewelry, when their volume increased by 17% to 164 tons. Over the period under review, imports, however, showed a sharp setback.
In value terms, jewelry imports fell to $649M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 187% against the previous year.
| Import of Jewelry in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 104 | 351 | N/A | 499 | 68.7% |
| United Kingdom | 31.4 | 23.7 | N/A | 42.5 | 10.6% |
| Thailand | 13.0 | 9.1 | N/A | 21.3 | 17.9% |
| United States | 8.0 | 8.6 | N/A | 16.6 | 27.5% |
| India | 1.8 | 1.9 | N/A | 10.7 | 81.1% |
| China | 7.4 | 5.4 | N/A | 10.6 | 12.7% |
| Switzerland | N/A | 0.2 | N/A | 4.1 | 352.8% |
| Others | 12.2 | 111 | 724 | 45.1 | 54.6% |
| Total | 178 | 511 | 724 | 649 | 53.9% |
Top Suppliers of Jewelry to Ireland in 2022:
- China (46.8 tons)
- United Kingdom (32.2 tons)
- Italy (28.8 tons)
- Thailand (20.0 tons)
- Switzerland (10.6 tons)
- India (7.3 tons)
- United States (5.9 tons)
This report provides an in-depth analysis of the jewelry market in Ireland. 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:
- Prodcom 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
- Prodcom 32121351 - Articles of goldsmiths
- Prodcom 32121353 - Articles of goldsmiths
- Prodcom 32121355 - Articles of goldsmiths
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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