The import of jewellery of precious metal to France has seen substantial growth from 2013, starting at $3.5691 billion and reaching $5.7349 billion in 2023. This equates to a year-on-year variation of 3.53% in 2023, and a five-year CAGR of 3.71%. The trend fluctuated over the years with notable increases, particularly in 2021 at 25.25%, countered by a significant decrease in 2020 by 13.5%, impacted by global events. Forecasts are positive, with imports expected to rise to $6.7555 billion by 2028, marking a five-year growth rate of 13.55% and a forecasted five-year CAGR of 2.57%.
Future trends to watch for include potential fluctuations due to economic conditions and consumer preferences shifting towards sustainable and ethically sourced precious metals. Additionally, advancements in technology and e-commerce could influence further growth in the jewellery import market.
