Key Market Indicators
Dane Jewelry Import is projected to reach €235 million by 2028, up from €178 million in 2023. This marks a compound annual growth rate (CAGR) of 4.4% year over year. Since 2009, the demand for jewelry in Denmark has grown by 10.3% annually. In 2023, Denmark ranked 14th in the global market, with Sweden surpassing it at €178 million. The United Kingdom, France, and Italy occupied the second, third, and fourth positions, respectively. Meanwhile, Dane Jewelry Export is expected to hit €242 million by 2028, climbing from €154 million in 2023. This represents an average annual growth rate of 7.1%. Since 2009, the supply of jewelry from Denmark has increased by 11.8% each year. In 2023, Denmark was positioned at 11th place, with Austria taking the lead at €154 million. Italy, the United Kingdom, and France held the second, third, and fourth spots in this category. Dane Jewelry Sales dropped to €75 million in 2020, down from €90 million in 2019, reflecting a 17.1% decrease. Since 2016, the Danish jewelry market has declined by 23% annually. The sales figures for 2020 also represent a 17.1% drop compared to the previous year. Since 2013, the market has seen a year-on-year decrease of 15.5%.
