In 2023, the sold production of articles of jewellery of precious metal in Germany stood at 441.0 million Euros. Based on forecast data for the years 2024 to 2028, we see a consistent year-on-year decrease in value: 431.85 million Euros in 2024, 422.88 million Euros in 2025, 414.0 million Euros in 2026, 405.21 million Euros in 2027, and 396.51 million Euros in 2028.
The year-on-year variation percentages are as follows:
- 2024: -2.1%
- 2025: -2.1%
- 2026: -2.1%
- 2027: -2.1%
- 2028: -2.2%
Over the last five years, the compound annual growth rate (CAGR) stands at -2.1%.
Future trends to watch for include potential market influences such as fluctuations in precious metal prices, changes in consumer preferences towards alternative materials, as well as economic conditions in Germany and Europe which could further impact demand and production levels.
