The jewellery sector in the Netherlands has experienced various fluctuations in employment over the past decade. Notably, between 2013 and 2023, the number of persons employed in this sector ranged between 1.46 and 1.75 thousand. In 2023, the workforce stood at 1.69 thousand employees. Year-on-year variation exhibited notable changes, such as a sharp decline in 2014 (-7.02%) and a recovery in subsequent years with high growth rates like those in 2018 (6.71%) and 2017 (5.87%). However, the sector also faced periods of contraction or minimal growth, for instance, in 2019 with a significant drop of 10%. Looking at the last five years leading up to 2023, the jewellery employment CAGR was -0.71%, indicating a slight contraction.
Forecast data from 2024 to 2028 suggests a positive trend with modest growth. The sector is expected to reach 1.77 thousand employees by 2028, having a 5-year CAGR of 0.74% and an overall forecasted growth rate of 3.75% from 2023. Future trends to watch for would include the impact of economic recovery post-pandemic, shifts in consumer preferences towards sustainable and digital jewellery purchasing, and how technological advancements within the industry might affect employment rates. Monitoring these elements will provide insight into potential upticks or downturns in the employment landscape of the jewellery sector in the Netherlands.
