In 2023, Italy dominates the European market for jewellery production with 46.03% share, experiencing a significant year-on-year increase of 10.63%. France and the United Kingdom follow with 22.5% and 14.36% shares, respectively; the UK marks the highest growth at 16.46%. Moderate growth is seen in Germany at 0.51%, while Spain sees a slight decline of 0.89%. Warning signals arise from Austria and Greece, with decreases of 6.94% and 0.62%. Eastern European countries such as Hungary show robust growth at 11.49%, whereas others experience declines.
Future trends to observe include:
- Potential shifts in luxury material preferences affecting the jewellery sector.
- Impact of evolving consumer tastes for sustainable and ethical production.
- Technological advancements like AI and 3D printing redefining jewellery creation.
- Economic and political stability affecting production in major countries like Italy and France.
Top countries in Sold Production of Articles of Jewellery of Precious Metal Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 46.03 | 2023 | +9.97% | +10.63% | View data |
| 2 | 2 France | 22.5 | 2023 | +3.46% | +1.2% | View data |
| 3 | 3 United Kingdom | 14.36 | 2023 | +2.07% | +16.46% | View data |
| 4 | 4 Germany | 13.32 | 2023 | -2.03% | +0.51% | View data |
| 5 | 5 Spain | 7.3 | 2023 | +4.96% | -0.89% | View data |
| 6 | 6 Austria | 1.45 | 2023 | +11.52% | -6.94% | View data |
| 7 | 7 Greece | 1 | 2023 | +9.85% | -0.62% | View data |
| 8 | 8 Poland | 0.8 | 2023 | +3.34% | +1.44% | View data |
| 9 | 9 Finland | 0.73 | 2023 | +1.07% | +1.06% | View data |
| 10 | 10 Denmark | 0.7 | 2023 | +16.19% | +0.87% | View data |
