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Sweden - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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Sweden: Jewelry Market Overview 2020

Jewelry Market Size in Sweden

In 2019, the market value of jewelry increased by X% in Sweden to $X for the first time since 2015, thus ending a three-year declining trend. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Jewelry consumption peaked at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Jewelry Exports

Exports from Sweden

The exports of jewelry decreased by -X% from Sweden to X kg for the second year in a row after two years of growth. Over the period under review, jewelry exports recorded a temperate deduction. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, jewelry exports attained their maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, jewelry exports declined notably to $X in 2019. Overall, jewelry exports recorded a pronounced decrease. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, jewelry exports attained their peak figure at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Norway (X tonnes) was the main destination for jewelry exports from Sweden, accounting for a X% share of total exports. Moreover, jewelry exports to Norway exceeded the volume sent to the second major destination, Finland (X tonnes), threefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Norway stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and the U.S. (+X% per year).

In value terms, Italy ($X) remains the key foreign market for jewelry exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and Finland (-X% per year).

Jewelry Imports

Imports into Sweden

In 2019, the imports of jewelry into Sweden shrank markedly to X kg, coming down by -X% compared with the previous year's figure. Overall, jewelry imports showed a deep decline. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Over the period under review, jewelry imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, jewelry imports declined significantly to $X in 2019. Overall, jewelry imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tonnes), Thailand (X tonnes) and China (X tonnes) were the main suppliers of jewelry imports to Sweden, together accounting for X% of total imports. Germany, Denmark, India, the U.S., China, Hong Kong SAR and the UK lagged somewhat behind, together accounting for a further X 2007 to 2018, the biggest increases were in Germany, while purchases for the other leaders experienced a decline.

In value terms, India ($X), Italy ($X) and Germany ($X) constituted the largest jewelry suppliers to Sweden, together comprising X% of total imports. These countries were followed by Thailand, Denmark, China, Hong Kong SAR, China, the U.S. and the UK, which together accounted for a further X saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. These countries were followed by India, China, Hong Kong SAR, Japan, Germany, Pakistan, Indonesia, Bangladesh, France and Nigeria, which together accounted 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), comprising approx. 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 exporters of jewelry to Sweden?
+
In value terms, India ($17M), Italy ($17M) and Germany ($12M) appeared to be the largest jewelry suppliers to Sweden, with a combined 49% share of total imports. These countries were followed by Thailand, Denmark, China, Hong Kong SAR, China, the U.S. and the UK, which together accounted for a further 26%.
What are the leading importers of jewelry from Sweden?
+
In value terms, Italy ($8.1M) remains the key foreign market for jewelry exports from Sweden, comprising 34% of total exports. The second position in the ranking was occupied by Norway ($3.5M), with a 15% share of total exports. It was followed by Finland, with a 6% share.
What is the average export price for jewelry in Sweden?
+
Sweden has no trade partners to describe.
What is the average import price for jewelry in Sweden?
+
Sweden has no trade partners to describe.

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 Sweden. 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:
• Sweden

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sweden
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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