EU: Jewelry Market 2024

Jewelry Market Size in the EU

The EU jewelry market soared to $X in 2022, growing by X% against the previous year. Overall, consumption posted a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Jewelry Production in the EU

In value terms, jewelry production skyrocketed to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in years to come.

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Jewelry Exports

Exports in the EU

In 2022, the amount of jewelry exported in the European Union soared to X tons, growing by X% against the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, jewelry exports surged to $X in 2022. Total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Italy (X tons), the Netherlands (X tons), Spain (X tons) and France (X tons) was the largest exporter of jewelry in the European Union, constituting X% of total export. It was distantly followed by Germany (X tons), committing a X% share of total exports. The following exporters - Denmark (X tons), Belgium (X tons) and Ireland (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest jewelry supplying countries in the European Union were Italy ($X), France ($X) and Germany ($X), with a combined X% share of total exports. Ireland, Spain, the Netherlands, Belgium and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per kg, picking up by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per kg in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ireland ($X per kg), while the Netherlands ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced more modest paces of growth.

Jewelry Imports

Imports in the EU

In 2022, overseas purchases of jewelry increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, jewelry imports surged to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) and France (X tons) were the major importers of jewelry in the European Union, together recording near X% of total imports. Belgium (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%) and Germany (X%). The Netherlands (X tons), Romania (X tons), Ireland (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest jewelry importing markets in the European Union were France ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. Spain, the Netherlands, Ireland, Poland, Belgium and Romania lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per kg, reducing by X% against the previous year. Over the period under review, the import price saw a mild decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per kg, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per kg), while Belgium ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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