Top Jewellery Manufacturing EU Countries

In 2023, Italy led the EU jewellery manufacturing sector with 5.5 billion euros, followed by France at 1.73 billion euros. Austria, the United Kingdom, and Germany showed similar outputs, ranging between 1.28 and 1.13 billion euros. Switzerland, despite not being in the EU, maintained its presence at 0.7281 billion euros, indicative of its niche market influence. Belgium and Spain were close, each contributing just over 0.7 billion euros. Poland and the Netherlands recorded lower figures, below 0.4 billion euros. The year-on-year growth rates reflect steady performances, with slight increases across most countries. The five-year CAGR reveals moderate but consistent growth across the industry, led notably by Italy.

Looking forward, expect the EU's jewellery manufacturing to focus on sustainability and traceability. Rising consumer demand for ethically sourced materials will drive innovation. Digital transformation, including online sales and virtual try-on technologies, will be pivotal. Additionally, the influence of luxury brand heritage, especially from Italy and France, will sustain their prominence.