Over the years, the wages and salaries in the French jewellery and bijouterie sector have witnessed significant fluctuations. Notably, 2023 stands at 597.8 million euros, reflecting a steady increase from the previous year. The period between 2013 and 2022 portrays a mixed trend with a substantial spike in 2017, followed by more moderate increases. The sector recorded a substantial 60.47% growth in 2017 which set a new level for wage and salary scales.

In recent years, the growth rate appears more consistent with a notable year-on-year increase of 4.15% in 2023. Looking forward, the forecast indicates a progressive increase with a 5-year CAGR of 2.84%, culminating in a forecast value of 714.8 million euros by 2028.

Future trends to watch:

Technological advancements: Automation and AI may drive efficiencies and impact wage structures.
Market demand: Fluctuations in consumer demand for luxury goods amid economic shifts may influence wages.
Global trade policies: Tariffs and trade agreements could impact the cost structures in the jewellery sector.