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World - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Dec 29, 2023

Top Import Markets for Jewelry

When it comes to the world's best import markets for jewelry, several countries stand out for their high import value and demand for exquisite pieces. As per data from the IndexBox market intelligence platform, the top 10 countries in terms of the import value of jewelry in 2022 are Hong Kong SAR, United Arab Emirates, United States, Switzerland, Singapore, China, Kuwait, France, United Kingdom, and Japan.

1. Hong Kong SAR

Hong Kong SAR ranks at the top of the list with an import value of $19.0 billion in 2022. The region's vibrant jewelry market, renowned for its luxury designs and craftsmanship, attracts buyers from around the world. Hong Kong SAR's strategic location, well-established industry infrastructure, and favorable tax policies contribute to its status as a leading jewelry import market.

2. United Arab Emirates

The United Arab Emirates follows closely with an import value of $13.8 billion in 2022. The country's thriving economy and reputation for luxury shopping make it an ideal market for jewelry imports. With Dubai serving as a major hub for international trade and commerce, jewelry retailers in the UAE benefit from a vast consumer base and an increasing demand for high-end jewelry.

3. United States

The United States ranks third on the list, importing jewelry worth $13.1 billion in 2022. As one of the largest jewelry markets globally, the US presents immense opportunities for jewelry manufacturers and retailers worldwide. The country's affluent consumer base, robust retail sector, and strong demand for fine jewelry contribute to its position as a key import market.

4. Switzerland

Switzerland secures the fourth spot with an import value of $9.0 billion in 2022. Renowned for its precision and craftsmanship, Swiss jewelry continues to captivate consumers worldwide. The country's long-standing tradition in watchmaking and jewelry production, combined with its reputation for quality, positions Switzerland as a prominent import market for exquisite pieces.

5. Singapore

Singapore holds the fifth position, importing jewelry worth $4.6 billion in 2022. The city-state's status as a global financial hub and its vibrant luxury market make Singapore an attractive destination for jewelry imports. With a discerning consumer base and a penchant for sophisticated designs, the demand for high-quality jewelry remains consistently strong in Singapore.

6. China

China ranks sixth on the list, with an import value of $4.3 billion in 2022. The country's growing middle class population and their increasing purchasing power have resulted in a surge in demand for luxury goods, including jewelry. As a result, China has emerged as one of the most significant import markets for jewelry, offering substantial opportunities for international brands and manufacturers.

7. Kuwait

Kuwait secures the seventh position, importing jewelry worth $4.2 billion in 2022. The country's affluent population with a penchant for opulent and high-end jewelry drives the demand in the market. Kuwait's strong economy and a favorable business environment make it an attractive import market for luxury jewelry.

8. France

France occupies the eighth spot, with an import value of $4.0 billion in 2022. The country's rich cultural heritage, renowned fashion houses, and love for fine jewelry contribute to its position as a leading import market. Paris, considered the world's fashion capital, attracts jewelry lovers from across the globe, further driving the demand in the French market.

9. United Kingdom

The United Kingdom ranks ninth on the list, importing jewelry worth $2.6 billion in 2022. With its vibrant retail sector and a strong appreciation for luxury goods, the UK offers substantial opportunities for jewelry imports. London, in particular, serves as a significant jewelry market, hosting prestigious events such as London Fashion Week and attracting international buyers.

10. Japan

Japan concludes the top 10 list with an import value of $2.4 billion in 2022. Known for its obsession with quality, precision, and unique designs, Japan is a discerning market for jewelry. The country's strong craftsmanship tradition, along with a culture that cherishes elegance and beauty, shapes the demand for high-quality jewelry imports.

In conclusion, the world's best import markets for jewelry offer a myriad of opportunities for manufacturers, retailers, and brands looking to expand their reach. These top 10 countries present favorable market conditions, robust consumer demand, and a deep appreciation for exquisite craftsmanship and design. With the IndexBox market intelligence platform providing key statistics and insights, businesses can make informed decisions to tap into these lucrative import markets and thrive in the jewelry industry.

Source: IndexBox Market Intelligence Platform

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 2030.

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

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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

Company coverage:

PIAGET SA, TIFFANY & CO, TONY GOETZ NV, BULGARI IRELAND LTD, GRAFF DIAMONDS LTD, SWAROVSKI NORTH AMERICA LTD, CARTIER JOAILLERIE INTERNATIONAL SAS, BULGARI GIOIELLI SPA, PANDORA JEWELLERY LLC, HARRY WINSTON INC.,Chopard, Rajesh Exports, Signet Jewelers, Moët Hennessy Louis Vuitton, Titan Company Ltd., Shanghai Laofengxiang Co., Chow Tai Fook Group, Chow Sang Sang Holdings International Ltd., ZheJiang Sun & Moon Jewellery Group and Goldleaf Jewelry Co.

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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