Forecast: Jewellery Imports to Switzerland

In 2023, the value of jewelry imports to Switzerland stood at 9.296 billion Euros. Based on forecast data, the value is set to reach 9.864 billion Euros in 2024, reflecting a year-on-year increase of 6.1%. The forecasted value for 2025 is 10.458 billion Euros, indicating a 6.0% increase from 2024. Continuing this trend, the value is expected to grow by approximately 5.6% each year from 2026 to 2028, ultimately reaching 12.203 billion Euros in 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 5.7%.

Future trends to watch for include:

  • Shift in consumer preferences towards sustainable and ethically sourced jewelry.
  • Impact of economic volatility on luxury goods consumption.
  • Technological advancements in jewelry design and production.
  • Increasing influence of digital marketing and e-commerce on purchasing behavior.

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