Key Market Indicators
Finnish Jewelry Import is projected to decline slightly, reaching approximately €24 million by 2028, down from €25 million in 2023. This reflects a compound annual growth rate (CAGR) of -0.3%. Despite the recent decline, Finnish demand had shown an 8% annual increase since 2009. In 2023, Finland ranked 28th globally, with Malta just ahead at €25 million. Leading the rankings were the United Kingdom, France, and Italy. On the sales front, the Finnish jewelry market is expected to drop to €47 million by 2028, down from €53 million in 2023, marking a CAGR of -1.9%. Since 2013, the market has been decreasing at an average annual rate of 2.3%. Conversely, Finnish jewelry exports are on the rise, predicted to hit €11 million by 2028, up from €7 million in 2023. This represents an impressive annual growth rate of 7.3%. Since 2009, Finnish jewelry supply has increased by 12.2% annually. In 2023, Finland was ranked 25th in global exports, with Lithuania just ahead at €7 million. Italy, the United Kingdom, and France led the rankings. Additionally, Finnish jewelry sales are set to decrease marginally, reaching €55 million by 2028 from €56 million in 2023, reflecting a CAGR of -0.2%. Since 2016, the market has been declining at an average annual rate of 0.9%.
