In 2023, Italy led in European jewelry enterprises with 4.78k, despite a 4.17% decrease, followed by Germany with 3.51k, experiencing a 3.12% increase. Noteworthy growth was seen in Belgium (4.11%) and Bosnia and Herzegovina (3.97%), while Iceland showed the steepest decline at 5.97%. The UK experienced a minor fall of 0.22%, while France's enterprises remained mostly stable with a 0.17% change. Positive trends were also seen in Hungary (2.18%) and Romania (2.58%), contrasting with declines in Spain and Italy. Eastern European countries generally showed mixed performance.
For future trends, anticipate potential growth in countries with projected economic stability and supportive business environments, alongside recovery efforts in leading markets like Italy. Watch for digital transformation impacts, global demand fluctuation, and evolving consumer preferences shaping the enterprise landscape.
Top countries in Jewellery Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,780 | 2023 | -3.55% | -4.17% | View data |
| 2 | 2 Germany | 3,510 | 2023 | +1.95% | +3.12% | View data |
| 3 | 3 France | 2,560 | 2023 | -0.039% | +0.17% | View data |
| 4 | 4 Poland | 2,500 | 2023 | +0.04% | -1.07% | View data |
| 5 | 5 Netherlands | 1,920 | 2023 | +3.11% | +3.89% | View data |
| 6 | 6 Spain | 1,380 | 2023 | -4.09% | -4.07% | View data |
| 7 | 7 Greece | 1,350 | 2023 | +0.45% | -0.1% | View data |
| 8 | 8 United Kingdom | 1,290 | 2023 | -0.078% | -0.22% | View data |
| 9 | 9 Sweden | 1,080 | 2023 | -0.46% | -1.11% | View data |
| 10 | 10 Portugal | 611 | 2023 | -4.23% | -3.5% | View data |
