Key Market Indicators
Albania's jewelry import market is projected to soar, reaching approximately €55.8 million by 2028. This marks a significant rise from the estimated €32.7 million in 2023, reflecting an annual growth rate of 8.3%. Since 2009, the demand for jewelry in Albania has surged by 26.3% annually. In 2023, Albania held the 24th spot in global rankings, with Croatia surpassing it at the same value of €32.7 million. The United Kingdom, France, and Italy occupied the second, third, and fourth positions, respectively. On the export front, Albania is anticipated to see its jewelry exports climb to €5.8 million by 2028 from €4.2 million in 2023, growing at an average annual rate of 5.2%. Since 2009, the country's jewelry supply has increased by 8.3% each year. In 2023, Albania ranked 30th globally, with Norway taking the lead at €4.2 million. Italy, the United Kingdom, and France followed closely in the second, third, and fourth spots.
