The European jewellery and bijouterie market in 2023 showed Italy leading with a turnover of €6.91 billion, followed by France (€2.67 billion) and Germany (€1.94 billion). Positive growth was recorded in Italy, France, and Germany, among others, while countries like Belgium and Denmark faced declines. Notably, Bosnia and Herzegovina saw significant growth, though starting from a smaller base. Romania achieved the highest year-on-year growth at 5.37%.
Future trends to watch:
- Continued growth in luxury segments in key markets like Italy and France.
- Potential recovery in Central and Eastern European markets as economic conditions stabilize.
- Emphasis on sustainable and ethically sourced jewellery impacting industry dynamics.
Top countries in Jewellery, Bijouterie Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 6,910 | 2023 | +7.92% | +2.31% | View data |
| 2 | 2 France | 2,670 | 2023 | +5.55% | +1.29% | View data |
| 3 | 3 Germany | 1,940 | 2023 | +8.9% | +2.75% | View data |
| 4 | 4 Austria | 1,280 | 2023 | -3.17% | +2.6% | View data |
| 5 | 5 United Kingdom | 1,160 | 2023 | -0.45% | +0.041% | View data |
| 6 | 6 Spain | 693.1 | 2023 | +3.93% | +0.63% | View data |
| 7 | 7 Switzerland | 501.9 | 2023 | +0.67% | +1.25% | View data |
| 8 | 8 Poland | 490.8 | 2023 | -0.28% | -1.07% | View data |
| 9 | 9 Belgium | 331.6 | 2023 | -8.55% | -10.76% | View data |
| 10 | 10 Czech Republic | 202 | 2023 | +1.51% | +0.41% | View data |
