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Report World - Jewelry - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Global Jewelry Market 2024

Jewelry Market Size

The global jewelry market reached $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, saw a mild curtailment. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Jewelry Production

In value terms, jewelry production dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Jewelry Exports

Exports

In 2022, global jewelry exports surged to X tons, growing by 59% on the previous year. Overall, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, jewelry exports totaled $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, the global exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand dominates exports structure, reaching X tons, which was near 57% of total exports in 2022. Italy (X tons) took the second position in the ranking, followed by China (X tons). All these countries together took near 9.7% share of total exports. The United States (X tons), Spain (X tons), France (X tons), India (X tons), the UK (X tons), Turkey (X tons) and Mexico (X tons) took a little share of total exports.

Thailand was also the fastest-growing in terms of the jewelry exports, with a CAGR of +25.7% from 2012 to 2022. At the same time, Turkey (+12.4%), Mexico (+9.8%), the United States (+8.4%), France (+6.3%) and China (+4.3%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, India (-1.1%), the UK (-6.2%) and Spain (-8.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by +45 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest jewelry supplying countries worldwide were China ($X), India ($X) and Italy ($X), with a combined 33% share of global exports. The United States, Turkey, France, Thailand, the UK, Spain and Mexico lagged somewhat behind, together comprising a further 28%.

In terms of the main exporting countries, Turkey, with a CAGR of +11.8%, saw 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 2022, which is down by -30.4% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per kg. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per kg), while Thailand ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.3%), while the other global leaders experienced more modest paces of growth.

Jewelry Imports

Imports

In 2022, supplies from abroad of jewelry increased by 26% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, jewelry imports contracted modestly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, global imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Thailand prevails in imports structure, finishing at X tons, which was approx. 53% of total imports in 2022. It was distantly followed by the United States (X tons), making up an 8.9% share of total imports. The following importers - the UK (X tons), France (X tons), Spain (X tons), Hong Kong SAR (X tons), Chile (X tons), Germany (X tons) and Italy (X tons) - together made up 17% of total imports.

Thailand was also the fastest-growing in terms of the jewelry imports, with a CAGR of +36.2% from 2012 to 2022. At the same time, Chile (+25.3%), France (+5.7%), the United States (+4.8%), Italy (+2.8%), Hong Kong SAR (+2.6%) and Germany (+1.1%) displayed positive paces of growth. By contrast, Spain (-9.6%) and the UK (-15.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by +50 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X), the United States ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 38% of global imports. The UK, Germany, Italy, Thailand, Spain and Chile lagged somewhat behind, together accounting for a further 8.4%.

Among the main importing countries, Chile, with a CAGR of +17.4%, recorded the highest growth rate of 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 2022, reducing by -20.9% against the previous year. Overall, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 15% against the previous year. Over the period under review, average import prices hit record highs at $X per kg in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per kg), while Thailand ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 29% share of global consumption.
Thailand remains the largest jewelry producing country worldwide, comprising approx. 47% of total volume. Moreover, jewelry production in Thailand exceeded the figures recorded by the second-largest producer, China, fourfold. India ranked third in terms of total production with a 5.9% share.
In value terms, China, India and Italy constituted the countries with the highest levels of exports in 2021, together comprising 43% of global exports. The United Arab Emirates, Thailand and Spain lagged somewhat behind, together comprising a further 13%.
In value terms, Hong Kong SAR, the United States and the United Arab Emirates were the countries with the highest levels of imports in 2021, together accounting for 46% of global imports. These countries were followed by Switzerland, France, the UK, Italy, Germany, Ireland, Thailand, Spain, Belgium and Bangladesh, which together accounted for a further 23%.
In 2021, the average jewelry export price amounted to $2,053 per kg, reducing by -4.4% against the previous year.
The average jewelry import price stood at $4,189 per kg in 2021, growing by 8.3% against the previous year.

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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