Germany - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Germany: Jewelry Market Overview 2020
Jewelry Market Size in Germany
For the third consecutive year, Germany recorded growth in market size of jewelry, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. In that year, the jewelry market attained its peak level of $X. From 2012 to 2019, the growth of the jewelry market remained at a lower figure.
Exports from Germany
After two years of growth, the exports of jewelry decreased by -X% from Germany to X kg in 2019. In general, jewelry exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. In that year, jewelry exports attained their peak of X tonnes, and then contracted dramatically in the following year.
In value terms, jewelry exports dropped dramatically to $X in 2019. Overall, jewelry exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, jewelry exports attained their maximum at $X in 2018, and then declined slightly in the following year.
Exports by Country
From 2007 to 2018, the average annual rate of growth in terms of volume to No country was relatively modest.
From 2007 to 2018, the average annual rate of growth in terms of value to No country was relatively modest.
Imports into Germany
For the second consecutive year, Germany recorded decline in imports of jewelry, which decreased by -X% to X kg in 2019. Over the period under review, jewelry imports, however, continue to indicate a slight increase. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.
In value terms, jewelry imports fell notably to $X in 2019. Over the period under review, jewelry imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, jewelry imports hit record highs at $X in 2018, and then declined slightly in the following year.
Imports by Country
From 2007 to 2018, the average annual growth rate of volume from No country was relatively modest.
From 2007 to 2018, the average annual rate of growth in terms of value from No country was relatively modest.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for jewelry in the world?+
The countries with the highest volumes of jewelry consumption in 2019 were the UK (8.2K tonnes), China (5.8K tonnes) and the U.S. (3K tonnes), with a combined 38% share of global consumption. India, China, Hong Kong SAR, Japan, Germany, Pakistan, Indonesia, Bangladesh, France and Nigeria lagged somewhat behind, together accounting for a further 24%.
What are the largest producers of jewelry in the world?+
The country with the largest volume of jewelry production was Japan (21K tonnes), accounting for 40% of total volume. Moreover, jewelry production in Japan exceeded the figures recorded by the second-largest producer, China (6.3K tonnes), threefold. India (3.1K tonnes) ranked third in terms of total production with a 5.7% share.
What are the leading suppliers of jewelry to Germany?+
What are the leading importers of jewelry from Germany?+
What is the average export price for jewelry in Germany?+
Germany has no trade partners to describe.
What is the average import price for jewelry in Germany?+
Germany has no trade partners to describe.
This report provides an in-depth analysis of the jewelry market in Germany. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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