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Spain - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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Spain: Jewelry Market Overview 2021

Jewelry Market Size in Spain

After three years of growth, the Spanish jewelry market decreased by -X% to $X in 2020. Over the period under review, consumption saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Jewelry consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Jewelry Production in Spain

In value terms, jewelry production declined significantly to $X in 2020 estimated in export prices. Overall, production showed a abrupt slump. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Jewelry Exports

Exports from Spain

In 2020, approx. X tonnes of jewelry were exported from Spain; which is down by -X% against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, jewelry exports reduced dramatically to $X in 2020. Overall, exports, however, posted a modest expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

France (X tonnes) was the main destination for jewelry exports from Spain, accounting for a X% share of total exports. Moreover, jewelry exports to France exceeded the volume sent to the second major destination, Portugal (X tonnes), fourfold. The U.S. (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+X% per year) and the U.S. (-X% per year).

In value terms, the U.S. ($X), France ($X) and Mexico ($X) constituted the largest markets for jewelry exported from Spain worldwide, with a combined X% share of total exports. These countries were followed by Portugal, Italy, Germany, Israel, the UK and Chile, which together accounted for a further X recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average jewelry export price stood at $X per kg in 2020, declining by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per kg in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per kg), while the average price for exports to Chile ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Jewelry Imports

Imports into Spain

In 2020, overseas purchases of jewelry decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, imports showed a mild slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, jewelry imports dropped dramatically to $X in 2020. Over the period under review, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

Thailand (X tonnes), China (X tonnes) and Italy (X tonnes) were the main suppliers of jewelry imports to Spain, with a combined X% share of total imports. France, Ireland, the UK, India, Denmark, Hong Kong SAR, Greece, Germany and the Czech Republic lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest jewelry suppliers to Spain were Thailand ($X), Italy ($X) and France ($X), together accounting for X% of total imports. China, India, Ireland, Germany, Hong Kong SAR, Denmark, Greece, the UK and the Czech Republic lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average jewelry import price amounted to $X per kg, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. As a result, import price reached the peak level of $X per kg. from 2016 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per kg), while the price for the Czech Republic ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox 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 2020 were China (4.5K tonnes), the UK (4K tonnes) and the United Arab Emirates (2.8K tonnes), together accounting for 35% of global consumption.
What are the largest producers of jewelry in the world?
+
The countries with the highest volumes of jewelry production in 2020 were China (5K tonnes), India (2.5K tonnes) and Italy (1.6K tonnes), together comprising 36% of global production. Thailand, Indonesia, Pakistan, Japan, Bangladesh, Mexico, Brazil, Turkey, the U.S. and Ethiopia lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of jewelry to Spain?
+
In value terms, Thailand ($61M), Italy ($55M) and France ($45M) were the largest jewelry suppliers to Spain, with a combined 50% share of total imports. China, India, Ireland, Germany, Hong Kong SAR, Denmark, Greece, the UK and the Czech Republic lagged somewhat behind, together accounting for a further 33%.
What are the leading importers of jewelry from Spain?
+
In value terms, the U.S. ($63M), France ($61M) and Mexico ($24M) were the largest markets for jewelry exported from Spain worldwide, together comprising 43% of total exports. Portugal, Italy, Germany, Israel, the UK and Chile lagged somewhat behind, together accounting for a further 20%.
What is the average export price for jewelry in Spain?
+
In 2020, the average jewelry export price amounted to $946 per kg, dropping by -8.4% against the previous year.
What is the average import price for jewelry in Spain?
+
In 2020, the average jewelry import price amounted to $832 per kg, reducing by -14.2% against the previous year.

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

This report provides an in-depth analysis of the jewelry market in Spain. 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.


Country coverage:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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