Italy dominates the European market for the sold production of articles of jewellery and parts thereof, with a value of 5.3157 billion Euros in 2024, reflecting an 8.57% year-on-year increase. France and the United Kingdom follow, albeit with smaller market shares of 0.75941 and 0.49842 billion Euros respectively, and positive year-on-year growth rates of 1.08% and 13.46%. Germany holds a steady position with 0.46968 billion Euros, while Spain's production has seen a slight decline by 0.92%. Other notable countries with growth include Norway at 12.75% and Poland at 6.21%, while Iceland and Latvia have seen significant declines.
Future trends to watch for include potential further consolidation in leading markets like Italy and the UK, increased innovation and production efficiencies, and evolving consumer preferences towards eco-friendly and ethically sourced materials. Additionally, watch for emerging markets like Poland and Hungary, which are showing upward trajectories in production.
Top countries in Sold Production of Articles of Jewellery and Parts Thereof by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,315,700,000 | 2023 | +9.64% | +8.57% | View data |
| 2 | 2 France | 759,410,000 | 2023 | +3.07% | +1.08% | View data |
| 3 | 3 United Kingdom | 498,420,000 | 2023 | +1.77% | +13.46% | View data |
| 4 | 4 Germany | 469,680,000 | 2023 | -1.96% | +0.5% | View data |
| 5 | 5 Spain | 264,380,000 | 2023 | +5.42% | -0.92% | View data |
| 6 | 6 Romania | 80,609,000 | 2023 | +2.74% | +5.39% | View data |
| 7 | 7 Portugal | 76,462,000 | 2023 | +1.06% | -0.29% | View data |
| 8 | 8 Austria | 54,856,000 | 2023 | +16.35% | -4.41% | View data |
| 9 | 9 Poland | 42,878,000 | 2023 | +3.05% | +6.21% | View data |
| 10 | 10 Norway | 36,910,000 | 2023 | +1.91% | +12.75% | View data |
