Italy continues to dominate the European jewellery production landscape, accounting for a staggering 68.77% share in 2023. France and the United Kingdom follow with 9.82% and 6.45% shares, respectively. Over the past year, the United Kingdom experienced the most notable growth at 13.46%, while Italy maintained a strong growth rate of 8.57%. Conversely, countries like Spain and Austria reported negative growth rates, with Spain declining by 0.92% and Austria by 4.41%. Significant declines were also noted for Latvia and Iceland with decreases of 30.39% and 58.81%, respectively.
Future trends to watch include:
- Continued leadership of Italy due to its established reputation and craftsmanship.
- Potential growth opportunities for emerging markets like Poland and Romania, which demonstrated growth over the past year.
- Monitoring the impact of economic and geopolitical factors on traditionally stable markets like France and Germany.
- Expanding influence of eco-conscious production and sustainable practices across the European jewellery sector.
Top countries in Sold Production of Articles of Jewellery and Parts Thereof Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 68.77 | 2023 | +9.64% | +8.57% | View data |
| 2 | 2 France | 9.82 | 2023 | +3.07% | +1.08% | View data |
| 3 | 3 United Kingdom | 6.45 | 2023 | +1.77% | +13.46% | View data |
| 4 | 4 Germany | 6.08 | 2023 | -1.96% | +0.5% | View data |
| 5 | 5 Spain | 3.42 | 2023 | +5.42% | -0.92% | View data |
| 6 | 6 Romania | 1.04 | 2023 | +2.74% | +5.39% | View data |
| 7 | 7 Portugal | 0.99 | 2023 | +1.06% | -0.29% | View data |
| 8 | 8 Austria | 0.71 | 2023 | +16.35% | -4.41% | View data |
| 9 | 9 Poland | 0.55 | 2023 | +3.05% | +6.21% | View data |
| 10 | 10 Norway | 0.48 | 2023 | +1.91% | +12.75% | View data |
