Over the past decade, UK jewellery exports have exhibited fluctuating growth, with notable peaks in 2015 and 2019 followed by declines in subsequent years. The Compound Annual Growth Rate (CAGR) between 2018 and 2023 shows a robust growth pattern, peaking at 11% by 2023. Looking ahead, the forecast from 2023 to 2028 anticipates a moderated growth, with a 5-year CAGR of 2.78% and a total growth rate of 14.7%, indicating a steadier expansion phase.
Future trends in UK jewellery exports may focus on sustainability, digitalization of trade, and shifting consumer preferences towards bespoke and artisanal pieces. These factors could significantly influence the trajectory of export growth in the coming years.
