From 2013 to 2023, the hours worked in the jewellery, bijouterie industry in Sweden showcased notable fluctuations. It started at 488.25 thousand hours in 2013, witnessing troughs and peaks, leading to 413.85 thousand hours in 2023. Significant year-on-year variations include a dip of -14.33% in 2018 and subsequent years showing smaller fluctuations, with a 0.78% increase in 2023. The last 5-year CAGR from 2018 to 2023 stands at -0.68%, indicating an overall downward trend despite recent stabilization.

Future projections from 2024 to 2028 indicate a modest recovery, with a forecasted 5-year CAGR of 0.59% and an overall growth rate of 2.96%, suggesting gradual improvement.

Future trends to watch for:

Technological advancements and automation reducing manual hours.
Shifts in consumer preferences impacting production demands.
Economic conditions influencing disposable income and spending on luxury items.
Sustainability practices potentially altering traditional manufacturing processes.