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U.S. Jewelry And Silverware Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Jewelry And Silverware Market Overview 2020

Jewelry And Silverware Market Size in the U.S.

After two years of decline, the U.S. jewelry and silverware market decreased by -X% to $X in 2019. Over the period under review, consumption, however, enjoyed a mild increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then declined dramatically in the following year.

Jewelry And Silverware Production in the U.S.

In value terms, jewelry and silverware production dropped modestly to $X in 2019. Overall, production showed a perceptible reduction. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a somewhat lower figure.

Jewelry And Silverware Exports

Exports from the U.S.

In 2019, the amount of jewelry and silverware exported from the U.S. stood at X tonnes, approximately equating the previous year. In general, exports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2018 to 2019, the growth exports failed to regain the momentum.

In value terms, jewelry and silverware exports expanded slightly to $X in 2019. Overall, exports, however, saw a mild expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

China, Hong Kong SAR (X tonnes), China (X tonnes) and the UK (X tonnes) were the main destinations of jewelry and silverware exports from the U.S., together accounting for X% of total exports. Switzerland, the Dominican Republic, South Korea, Canada, Mexico, Thailand, Japan, India and Germany lagged somewhat behind, together accounting for a further X 2013 to 2019, the biggest increases were in South Korea, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for jewelry and silverware exported from the U.S. were China, Hong Kong SAR ($X), India ($X) and Switzerland ($X), together comprising X% of total exports. These countries were followed by the UK, Canada, Japan, Germany, Mexico, the Dominican Republic, Thailand, China and South Korea, which together accounted for a further X Dominican Republic saw the highest rates of growth with regard to the value of exports, among 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

In 2019, the average jewelry and silverware export price amounted to $X per tonne, rising by X% against the previous year. In general, the export price saw tangible growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

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

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Jewelry And Silverware Imports

Imports into the U.S.

In 2019, approx. X tonnes of jewelry and silverware were imported into the U.S.; declining by -X% compared with 2018 figures. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes, and then declined in the following year.

In value terms, jewelry and silverware imports dropped dramatically to $X in 2019. In general, imports, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. From 2017 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, China (X tonnes) constituted the largest supplier of jewelry and silverware to the U.S., with a X% share of total imports. Moreover, jewelry and silverware imports from China exceeded the figures recorded by the second-largest supplier, India (X tonnes), fivefold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Japan (+X% per year).

In value terms, India ($X) constituted the largest supplier of jewelry and silverware to the U.S., comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2013 to 2019, the average annual growth rate of value from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The average jewelry and silverware import price stood at $X per tonne in 2019, declining by -X% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was India ($X per tonne), while the price for Japan ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of jewelry and silverware to the U.S.?
+
In value terms, India ($10.2B) constituted the largest supplier of jewelry and silverware to the U.S., comprising 33% of total imports. The second position in the ranking was occupied by China ($2.9B), with a 9.3% share of total imports. It was followed by China, Hong Kong SAR, with a 2.8% share.
What are the leading importers of jewelry and silverware from the U.S.?
+
In value terms, China, Hong Kong SAR ($7B), India ($5.9B) and Switzerland ($3.5B) were the largest markets for jewelry and silverware exported from the U.S. worldwide, with a combined 48% share of total exports. The UK, Canada, Japan, Germany, Mexico, the Dominican Republic, Thailand, China and South Korea lagged somewhat behind, together comprising a further 16%.
What is the average export price for jewelry and silverware in the U.S.?
+
The average jewelry and silverware export price stood at $179,913 per tonne in 2019, growing by 1.7% against the previous year.
What is the average import price for jewelry and silverware in the U.S.?
+
The average jewelry and silverware import price stood at $48,733 per tonne in 2019, with a decrease of -15.7% against the previous year.

Product coverage:
• NAICS 339910 - Jewelry and silverware manufacturing

This report provides an in-depth analysis of the jewelry and silverware market in the U.S.. 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.


Companies mentioned:
• Herff Jones
• Jostens
• O. C. Tanner Company
• David Yurman Enterprises
• US Synthetic Corporation
• Swarovski North America Limited
• James Avery Craftsman
• American Achievement Corp
• Alex and Ani
• Tharperobbins Company
• Jacmel Jewelry Inc.
• Mtm Recognition Corporation
• Maui Divers of Hawaii
• Kabana
• Mel Bernie and Company
• Commemorative Brands
• Tiffany and Company
• Associated American Industries
• Samuel Aaron
• Jotaly
• Almond Jewelers
• AAC Group Holding Corp.
• Aaron Group
• Monogram World
• Swarovski U.S.Holding Limited
• O. C. Tanner Manufacturing
• Visant Corporation
• Tvci Holding
• Prestige Designs
• HK Designs

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
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, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
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, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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