Report Update: Jan 1, 2025

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

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Jewelry Prices in China

China Jewelry Export Price in September 2022

In September 2022, the jewelry price stood at $22.0K per kg (FOB, China), with an increase of 42% against the previous month. Over the period under review, the export price recorded a resilient increase. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 291% month-to-month. The export price peaked at $25.3K per kg in June 2022; afterwards, it flattened through to September 2022.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($74.8K per kg), while the average price for exports to Kazakhstan ($52.2 per kg) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

China Jewelry Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was non-silver precious metal jewelry ($116K per kg), while the average price for exports of articles of goldsmiths’ wares of base metal clad with precious metal ($50.1 per kg) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: precious metal-clad jewelry of base metals (+9.3%), while the prices for the other products experienced more modest paces of growth.

China Jewelry Exports

In September 2022, overseas shipments of jewelry increased by 15% to 82 tons, rising for the third month in a row after three months of decline. Overall, exports, however, showed a perceptible downturn. The growth pace was the most rapid in March 2022 when exports increased by 704% against the previous month. As a result, the exports reached the peak of 250 tons. From April 2022 to September 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, jewelry exports soared to $1.8B (IndexBox estimates) in September 2022. Over the period under review, exports posted a strong expansion. The pace of growth was the most pronounced in March 2022 when exports increased by 179% m-o-m. The exports peaked in September 2022.

China Jewelry Exports by Type

Silver jewelry (58 tons) was the largest type of jewelry exported from China, with a 71% share of total exports. Moreover, silver jewelry exceeded the volume of the second product type, non-silver precious metal jewelry (15 tons), fourfold. The third position in this ranking was taken by articles of goldsmiths’ or silversmiths’ wares of silver (5 tons), with a 6.1% share.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of silver jewelry amounted to -3.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: non-silver precious metal jewelry (+3.6% per month) and articles of goldsmiths’ or silversmiths’ wares of silver (-1.0% per month).

In value terms, non-silver precious metal jewelry ($1.7B) remains the largest type of jewelry exported from China, comprising 94% of total exports. The second position in the ranking was held by silver jewelry ($85M), with a 4.7% share of total exports. It was followed by articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver, with a 0.9% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of non-silver precious metal jewelry stood at +8.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: silver jewelry (-0.9% per month) and articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver (-2.2% per month).

China Jewelry Exports by Country

The United States (33 tons), Hong Kong SAR (18 tons) and the Netherlands (3.7 tons) were the main destinations of jewelry exports from China, with a combined 66% share of total exports. Germany, the UK, Kazakhstan, Italy, Turkey and Russia lagged somewhat behind, together comprising a further 13%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +103.0%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($1.3B) remains the key foreign market for jewelry exports from China, comprising 75% of total exports. The second position in the ranking was taken by the United States ($231M), with a 13% share of total exports. It was followed by Italy, with a 0.6% share.

From January 2022 to September 2022, the average monthly growth rate of value to Hong Kong SAR amounted to +8.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+7.8% per month) and Italy (-19.9% per month).

Source: IndexBox Market Intelligence Platform

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

China

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024