Latest Report Update: Sep 26, 2021

World - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Global Jewelry Market Overview 2021

Jewelry Market Size

The global jewelry market shrank sharply to $X in 2020, which is down by -X% against the previous year. In general, the total consumption indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Global consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Jewelry Production

In value terms, jewelry production declined to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; 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 production volume increased by X% y-o-y. Global production peaked at $X in 2019, and then fell in the following year.

Production By Country

The countries with the highest volumes of jewelry production in 2020 were China (X tonnes), India (X tonnes) and Italy (X tonnes), with a combined X% share of global production. These countries were followed by Thailand, Indonesia, Pakistan, Japan, Bangladesh, Mexico, Brazil, Turkey, the U.S. and Ethiopia, which together accounted for a further X 2007 to 2020, the biggest increases were in Brazil, while jewelry production for the other global leaders experienced more modest paces of growth.

Jewelry Exports

Exports

In 2020, approx. X tonnes of jewelry were exported worldwide; rising by X% against the previous year's figure. In general, exports, however, showed a slight decrease. Global exports peaked at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, jewelry exports reduced sharply to $X in 2020. Over the period under review, total exports indicated pronounced growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Global exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, China (X tonnes), followed by Italy (X tonnes), Thailand (X tonnes), Switzerland (X tonnes), the U.S. (X tonnes), France (X tonnes), the UK (X tonnes) and Germany (X tonnes) were the key exporters of jewelry, together committing X% of total exports. The following exporters - Spain (X tonnes), the United Arab Emirates (X tonnes), India (X tonnes), Hong Kong SAR (X tonnes) and Turkey (X tonnes) - each recorded a X% share of total exports.

From 2007 to 2020, the biggest increases were in Switzerland, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Switzerland ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of global exports.

Among the main exporting countries, Switzerland recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global 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, posted a buoyant expansion. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Global export price peaked at $X per kg in 2019, and then plummeted in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Jewelry Imports

Imports

Global jewelry imports fell to X tonnes in 2020, shrinking by -X% compared with the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Global imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, jewelry imports fell rapidly to $X in 2020. Over the period under review, total imports indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, 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% year-to-year. Over the period under review, global imports attained the peak figure at $X in 2019, and then shrank dramatically in the following year.

Imports by Country

In 2020, the UK (X tonnes), distantly followed by the United Arab Emirates (X tonnes), China (X tonnes), the U.S. (X tonnes), Mexico (X tonnes) and France (X tonnes) were the key importers of jewelry, together comprising X% of total imports. Singapore (X tonnes), Australia (X tonnes), Germany (X tonnes), Switzerland (X tonnes), Spain (X tonnes), Hong Kong SAR (X tonnes) and Bangladesh (X tonnes) held a relatively small share of total imports.

From 2007 to 2020, average annual rates of growth with regard to jewelry imports into the UK stood at +X%. At the same time, China (+X%), Bangladesh (+X%), Mexico (+X%), Switzerland (+X%), Singapore (+X%), the United Arab Emirates (+X%), Australia (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. By contrast, Germany (-X%), Spain (-X%), Hong Kong SAR (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of the UK (+X p.p.), China (+X p.p.), Mexico (+X p.p.), the United Arab Emirates (+X p.p.) and Bangladesh (+X p.p.) increased significantly in terms of the global imports from 2007-2020, the share of Hong Kong SAR (-X p.p.) and the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest jewelry importing markets worldwide were Hong Kong SAR ($X), Switzerland ($X) and the U.S. ($X), together comprising X% of global imports. The United Arab Emirates, China, France, the UK, Singapore, Germany, Australia, Spain, Mexico and Bangladesh lagged somewhat behind, together accounting for a further X terms of the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average jewelry import price stood at $X per kg in 2020, declining by -X% against the previous year. Overall, import price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per kg in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per kg), while Bangladesh ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

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. These countries were followed by Thailand, Indonesia, Pakistan, Japan, Bangladesh, Mexico, Brazil, Turkey, the U.S. and Ethiopia, which together accounted for a further 26%.
What are the leading suppliers of jewelry in the world?
+
In value terms, China ($8.2B), Switzerland ($8.1B) and India ($7.7B) appeared to be the countries with the highest levels of exports in 2020, with a combined 33% share of global exports.
What are the leading importers of jewelry in the world?
+
In value terms, Hong Kong SAR ($11.4B), Switzerland ($9.1B) and the U.S. ($7.7B) appeared to be the countries with the highest levels of imports in 2020, with a combined 46% share of global imports. The United Arab Emirates, China, France, the UK, Singapore, Germany, Australia, Spain, Mexico and Bangladesh lagged somewhat behind, together comprising a further 33%.
What is the average export price for jewelry in the world?
+
In 2020, the average jewelry export price amounted to $6,510 per kg, dropping by -30.5% against the previous year.
What is the average import price for jewelry in the world?
+
In 2020, the average jewelry import price amounted to $3,909 per kg, with a decrease of -21% 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 global jewelry market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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