The Danish jewellery market has shown fluctuations over the past decade, starting at 55.161 million Euros in 2013 and reaching 26.935 million Euros in 2023. Significant year-on-year variations include a peak in 2014 (30.72%) and a substantial drop in 2020 (-36.28%). The market saw a notable recovery in 2022, with a growth of 104.97%, followed by a 15.2% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at 3%, indicating moderate recovery.
Future trends to watch for:
- A steady growth forecast, with a 5-year CAGR projected at 4.27%.
- Continuous rebound and market stabilization, reaching 35.308 million Euros by 2028.
