Key Market Indicators
Slovenia's jewelry export industry is forecasted to nearly double by 2028, reaching approximately €46.7 million, up from €23.3 million in 2023. This represents an average annual growth rate of 10.7%. Since 2009, the country's jewelry supply has increased by 36.5% year on year. In 2023, Slovenia ranked 18th globally in jewelry exports, with Bulgaria taking the lead at €23.3 million. Italy, the United Kingdom, and France held the second, third, and fourth positions respectively. On the import side, Slovenia is set to see significant growth as well. Jewelry imports are expected to rise to around €71.1 million by 2028, up from €30 million in 2023, marking an annual growth rate of 13.1%. Since 2009, Slovene demand has also grown by 36.5% year on year. In 2023, Slovenia was ranked 25th in jewelry imports, with Albania leading at €30 million. The United Kingdom, France, and Italy were the top three importers in this category. However, the domestic jewelry market in Slovenia shows a more modest trajectory. Jewelry sales are projected to increase slightly to €57.4 million by 2028 from €56.6 million in 2023, growing at a compound annual growth rate (CAGR) of 0.2%. Since 2013, the Slovene market has seen a decline of 1.5% year on year. Contrastingly, another set of data indicates that jewelry sales could rise to €58.2 million by 2028 from €55.2 million in 2023, reflecting a 0.9% average annual growth rate. Since 2015, the market has decreased by 2% year on year.
