Key Market Indicators
Jewelry exports from Cyprus are forecasted to drop 11.6% in 2021 to about €2 million. This is a decline of 27.7% since 2009. That year, the country was ranked 29th, with Lithuania ranked ahead at €2.76 million. France, the UK and Italy were the second, third and fourth biggest exporters respectively. Imports of jewelry are expected to decline 8.7% this year to €7 million. This is a decrease of 9.4% since 2009. Cyprus was ranked 27th in 2021, with Estonia ahead at €11.6 million. France, the UK and Italy were the second, third and fourth leading importers in this ranking. Jewelry sales in Cyprus are projected to drop 0.7% to €24.25 million in 2021. This is a decline of 0.4% since 2013. Sales are expected to drop 0.1% to €24.52 million by 2026, with a year-on-year decrease of 0.8% since 2015.
Cyprus Jewelry Market Data and Forecasts
How much will Cyprus Jewelry Market grow to 2026?
More in Jewelry Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Jewellery Industry: Comprehensive Insights into Global Trends and Strategies
Underpinning trends in the global jewelry sector are guided by the convergence of digital technology and consumers ever-evolving preferences. The industry is witnessing a growing interest in personalized jewelry and a shift towards online retail platforms. The trend of lab-grown diamonds and sustainable, ethically sourced materials is also accelerating, responding...
Discover more insights -
Jewelry Sector: Unveiling the Global Trends and Dynamics in Ring Market
On an international scale, a shift towards customization in the ring market is prominent. The rise of technology-enabled platforms is further facilitating this trend by providing manufacturers with consumer insights and preferences. The advancing integration of supply chains, with online platforms collaborating with physical retail stores, is expanding product accessibility...
Discover more insights -
Jewelry Retail: Diving Into Signet Jewelers Global Performance, Strategic Capabilities and Objectives
Signet Jewelers, a multinational retailer of diamond jewelry, has shown a resilient performance in the global marketplace despite increasingly volatile conditions. The firm's revenue streams, sourced from diverse geographical regions spanning North America, the United Kingdom, and others, provide a balanced distribution mitigating regional economic risks. However, the pervasiveness of...
Discover more insights -
Jewellery Market: Analysing Size, Trends, and Impact across Geographical Spheres
Over the years, the jewellery industry has continuously expanded with driving factors such as innovation and the proliferation of e-commerce platforms. Growth can be attributed to an increasing population, thriving middle-class consumers, and the desire for luxury goods. There's also a rising demand for crafted, bespoke pieces, which commands premium...
Discover more insights -
Diamond Jewelry: Understanding Global Market Dynamics, Risks, and Opportunities
The diamond jewelry market exhibits cyclical behavior and substantial variance across geographical regions. Across developed markets like the United States, there is a sustained demand often correlated with income levels and macroeconomic conditions. In contrast, emerging economies, such as China and India, are experiencing burgeoning demand due to increasing affluence...
Discover more insights