Report Update: Nov 1, 2024

U.S. - Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Jewelry Prices in the United States

U.S. Jewelry Export Price per Ton in August 2022

In August 2022, the jewelry price per ton stood at $12.4M (FOB, US), rising by 6.2% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2022 an increase of 28% against the previous month. As a result, the export price reached the peak level of $16.6M per ton; afterwards, it flattened through to August 2022.

There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Switzerland ($81.4M per ton), while the average price for exports to Mexico ($2.7M per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Jewelry Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In August 2022, the product with the highest price was jewelry of precious metal other than silver ($35.7M per ton), while the average price for exports of articles of goldsmiths’ wares of base metal clad with precious metal ($94.3K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: ware of base metal clad with precious metal (+5.6%), while the prices for the other products experienced mixed trend patterns.

U.S. Jewelry Exports

In August 2022, approximately 66 tons of jewelry were exported from the United States; surging by 14% on July 2022. The total export volume increased at an average monthly rate of +2.5% from January 2022 to August 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain months. The most prominent rate of growth was recorded in June 2022 when exports increased by 17% month-to-month. The exports peaked in August 2022.

In value terms, jewelry exports soared to $816M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +4.4% from January 2022 to August 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in March 2022 with an increase of 22% m-o-m.

U.S. Jewelry Exports by Type

Jewelry of silver (34 tons), jewelry of precious metal other than silver (21 tons) and jewelry of base metal clad with precious metal (5.1 tons) were the main products of jewelry exports from the United States, together comprising 91% of total exports. These products were followed by articles of goldsmiths’ or silversmiths’ wares of silver, articles of goldsmiths’ wares of base metal clad with precious metal and articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver, which together accounted for a further 8.6%.

From January 2022 to August 2022, the biggest increases were in silver ware (with a CAGR of +18.5%), while shipments for the other products experienced more modest paces of growth.

In value terms, jewelry of precious metal other than silver ($766M) remains the largest type of jewelry exported from the United States, comprising 94% of total exports. The second position in the ranking was taken by jewelry of silver ($43M), with a 5.3% share of total exports. It was followed by jewelry of base metal clad with precious metal, with a 0.7% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of the export volume of jewelry of precious metal other than silver stood at +4.7%. With regard to the other exported products, the following average monthly rates of growth were recorded: jewelry of silver (-0.2% per month) and jewelry of base metal clad with precious metal (+2.1% per month).

U.S. Jewelry Exports by Country

Canada (16 tons), Mexico (8.6 tons) and Hong Kong SAR (7.1 tons) were the main destinations of jewelry exports from the United States, with a combined 48% share of total exports. Japan, the Dominican Republic, the UK, India, Singapore, Thailand, Australia, Germany, Switzerland and South Korea lagged somewhat behind, together comprising a further 37%.

From January 2022 to August 2022, the biggest increases were in Singapore (with a CAGR of +30.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($155M), Switzerland ($98M) and Singapore ($75M) appeared to be the largest markets for jewelry exported from the United States worldwide, together comprising 40% of total exports.

Among the main countries of destination, Singapore, with a CAGR of +20.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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

United States

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:

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023