Between 2013 and 2023, the sold production of articles of jewellery of precious metal in Finland showed moderate fluctuations. The value stood at 24.038 million Euros in 2023. Key highlights include significant growth from 2013 to 2014 (21.83%) and a rebound in 2017 (10.47%). Notable increases were observed in 2018 (3.27%) and 2021 (6.66%), while minimal growth was noted in 2020 (0.87%). Recent years displayed stable yet modest growth, with a 1.07% increment in 2023 following a 2.63% decline in 2022. The compound annual growth rate (CAGR) over the last five years was recorded at 1.06%.
Looking forward, the jewellery market in Finland is expected to maintain steady growth, with a forecasted 0.8% CAGR from 2024 to 2028. The forecasted values point to an overall growth of 4.04% over the next five years. Future trends to watch for include increasing consumer preference for sustainable and ethically sourced materials, technological advancements in jewellery design and production, and the impact of changing economic conditions influencing consumer spending patterns.
