Report Update Nov 1, 2024

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

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Israel: Jewelry Market 2024

Jewelry Market Size in Israel

In 2021, the Israeli jewelry market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Jewelry Production in Israel

In value terms, jewelry production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Jewelry production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Jewelry Exports

Exports from Israel

In 2021, shipments abroad of jewelry increased by 82% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, jewelry exports surged to $X in 2021. The total export value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for jewelry exports from Israel, accounting for a 88% share of total exports. Moreover, jewelry exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +14.9%.

In value terms, the United States ($X) remains the key foreign market for jewelry exports from Israel, comprising 71% of total exports. The second position in the ranking was held by the UK ($X), with a 3.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +8.9%.

Export Prices by Country

In 2021, the average jewelry export price amounted to $X per kg, declining by -18.1% against the previous year. Overall, the export price saw a deep slump. The growth pace was the most rapid in 2013 an increase of 51% against the previous year. Over the period under review, the average export prices reached the maximum at $X per kg in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was the United States ($X per kg), while the average price for exports to the UK totaled $X per kg.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.2%).

Jewelry Imports

Imports into Israel

In 2021, imports of jewelry into Israel skyrocketed to X tons, rising by 50% on the previous year. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +9.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +54.2% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, jewelry imports surged to $X in 2021. Overall, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) constituted the largest jewelry supplier to Israel, accounting for a 51% share of total imports. Moreover, jewelry imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was taken by China (X tons), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.8% per year) and China (+9.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of jewelry to Israel, comprising 61% of total imports. The second position in the ranking was taken by Italy ($X), with a 22% share of total imports. It was followed by the United States, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.0% per year) and the United States (+0.9% per year).

Import Prices by Country

The average jewelry import price stood at $X per kg in 2021, surging by 6.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 34%. The import price peaked at $X per kg in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per kg), while the price for Greece ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers 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 in 2021 were the United States, China and India, with a combined 29% share of global consumption.

What are the largest producers of jewelry in the world?

The country with the largest volume of jewelry production was Thailand, accounting for 47% of total volume. Moreover, jewelry production in Thailand exceeded the figures recorded by the second-largest producer, China, fourfold. The third position in this ranking was occupied by India, with a 5.9% share.

What are the leading suppliers of jewelry to Israel?

In value terms, Turkey constituted the largest supplier of jewelry to Israel, comprising 57% of total imports. The second position in the ranking was occupied by Italy, with a 25% share of total imports. It was followed by Spain, with a 3.1% share.

What are the leading importers of jewelry from Israel?

In value terms, the United States remains the key foreign market for jewelry exports from Israel, comprising 58% of total exports. The second position in the ranking was occupied by France, with a 6.1% share of total exports. It was followed by the Netherlands, with a 2.3% share.

What is the average export price for jewelry in Israel?

In 2021, the average jewelry export price amounted to $1,286 per kg, reducing by -20.3% against the previous year.

What is the average import price for jewelry in Israel?

The average jewelry import price stood at $5,014 per kg in 2021, shrinking by -11.9% against the previous year.

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

Israel

Data coverage:

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