Italy - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJewelry Price in Italy - 2023
Contents:
- Jewelry Price in Italy (FOB) - 2023
- Jewelry Price in Italy (CIF) - 2022
- Jewelry Exports in Italy
- Jewelry Imports in Italy
Jewelry Price in Italy (FOB) - 2023
In August 2023, the average jewelry export price amounted to $8.0M per ton, waning by -12.7% against the previous month. Overall, export price indicated noticeable growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, jewelry export price decreased by -36.1% against June 2023 indices. The growth pace was the most rapid in September 2022 an increase of 36% against the previous month. The export price peaked at $12.5M per ton in June 2023; afterwards, it flattened through to August 2023.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was France ($22.9M per ton), while the average price for exports to Brazil ($1.0M 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 France (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Jewelry Price in Italy (CIF) - 2022
In 2022, the average jewelry import price amounted to $4,921,631 per ton, dropping by -24.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55%. As a result, import price attained the peak level of $6,494 per kg, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($20,386,096 per ton), while the price for Vietnam ($191,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Jewelry Exports in Italy
In 2022, the amount of jewelry exported from Italy shrank modestly to 1.2K tons, dropping by -3% compared with the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then reduced in the following year.
In value terms, jewelry exports expanded rapidly to $9.7B in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +80.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Jewelry in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 846 | 832 | 1,426 | 1,448 | 19.6% |
| Switzerland | 1,198 | 696 | 1,097 | 1,192 | -0.2% |
| United Arab Emirates | 1,005 | 656 | 1,264 | 1,164 | 5.0% |
| France | 810 | 474 | 743 | 875 | 2.6% |
| Turkey | 294 | 196 | 403 | 515 | 20.5% |
| Hong Kong SAR | 705 | 362 | 512 | 461 | -13.2% |
| Germany | 179 | 171 | 217 | 236 | 9.7% |
| United Kingdom | 228 | 177 | 188 | 220 | -1.2% |
| Mexico | 101 | 53.6 | 127 | 168 | 18.5% |
| Spain | 139 | 75.8 | 141 | 158 | 4.4% |
| Romania | 90.3 | 73.3 | 114 | 109 | 6.5% |
| Poland | 88.7 | 69.0 | 88.0 | 91.3 | 1.0% |
| Brazil | 9.3 | 16.3 | 25.6 | 29.0 | 46.1% |
| Others | 1,653 | 1,540 | 2,743 | 3,049 | 22.6% |
| Total | 7,347 | 5,391 | 9,090 | 9,716 | 9.8% |
Top Export Markets for Jewelry from Italy in 2022:
- United States (209.0 tons)
- Romania (107.8 tons)
- Switzerland (83.5 tons)
- France (79.7 tons)
- United Arab Emirates (64.0 tons)
- Spain (56.2 tons)
- Germany (55.6 tons)
- United Kingdom (50.0 tons)
- Poland (40.8 tons)
- Hong Kong SAR (39.9 tons)
- Turkey (31.1 tons)
- Brazil (29.6 tons)
- Mexico (25.5 tons)
Jewelry Imports in Italy
In 2022, the amount of jewelry imported into Italy surged to 392 tons, jumping by 22% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, jewelry imports shrank to $1.9B in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $2.1B, and then reduced in the following year.
| Import of Jewelry in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 539 | 158 | 387 | 347 | -13.7% |
| Germany | 184 | 88.9 | 308 | 343 | 23.1% |
| France | 370 | 215 | 332 | 297 | -7.1% |
| China | 59.1 | 58.7 | 87.7 | 93.0 | 16.3% |
| Thailand | 47.8 | 36.1 | 59.5 | 76.0 | 16.7% |
| Romania | 60.7 | 48.3 | 64.5 | 70.8 | 5.3% |
| India | 30.1 | 23.5 | 38.7 | 67.5 | 30.9% |
| Hong Kong SAR | 39.0 | 21.8 | 59.9 | 58.8 | 14.7% |
| United Arab Emirates | 209 | 151 | 137 | 53.6 | -36.5% |
| United Kingdom | 65.9 | 55.7 | 31.0 | 21.2 | -31.5% |
| Spain | 14.8 | 13.5 | 15.7 | 12.9 | -4.5% |
| Vietnam | 1.9 | 2.9 | 3.2 | 3.9 | 27.1% |
| Albania | 3.1 | 2.4 | 3.7 | 3.8 | 7.0% |
| Others | 297 | 318 | 563 | 479 | 17.3% |
| Total | 1,920 | 1,194 | 2,091 | 1,927 | 0.1% |
Top Suppliers of Jewelry to Italy in 2022:
- Romania (99.6 tons)
- Germany (59.3 tons)
- China (46.2 tons)
- France (26.1 tons)
- United Kingdom (23.0 tons)
- Vietnam (20.5 tons)
- Spain (18.1 tons)
- Switzerland (17.0 tons)
- Hong Kong SAR (16.8 tons)
- India (13.4 tons)
- Albania (11.2 tons)
- Thailand (9.1 tons)
- United Arab Emirates (1.7 tons)
This report provides an in-depth analysis of the jewelry market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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
-
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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