Italy remains the leading producer of jewellery and bijouterie in Europe, with a production value of €7.15 billion, followed by France at €2.7 billion and Germany at €1.62 billion. Together, these three countries account for the majority of the European market. Notably, Italy's growth rate in 2023 was 2.55%, while France grew by 2.72%, and Germany by 2.35%. Countries like Poland and Portugal have shown significant growth with year-on-year variations of 3.25% and 5.51% respectively. Conversely, Belgium (-6.25%) and Slovakia (-6.58%) saw sharp declines.
Key trends to watch include Poland's increasing production capabilities and Portugal's strong upward trajectory. Additionally, positive growth in emerging markets like Romania and Serbia indicates a shift towards more diverse production bases within Europe. Future trends may include a focus on sustainability and ethical sourcing, digital innovation in design and production, and shifts in consumer preferences towards customized and unique jewellery pieces.
Top countries in Jewellery, Bijouterie Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 7,150 | 2023 | +8.53% | +2.55% | View data |
| 2 | 2 France | 2,700 | 2023 | +3.26% | +2.72% | View data |
| 3 | 3 Germany | 1,620 | 2023 | +1.43% | +2.35% | View data |
| 4 | 4 Austria | 1,270 | 2023 | -3.36% | +2.63% | View data |
| 5 | 5 United Kingdom | 1,110 | 2023 | -0.53% | +0.15% | View data |
| 6 | 6 Spain | 681.2 | 2023 | +3.68% | +0.48% | View data |
| 7 | 7 Switzerland | 453.4 | 2023 | -1.8% | -1.94% | View data |
| 8 | 8 Poland | 386.7 | 2023 | +2.11% | +3.25% | View data |
| 9 | 9 Belgium | 346.3 | 2023 | -2.48% | -6.25% | View data |
| 10 | 10 Czech Republic | 198.3 | 2023 | +1.9% | +2.08% | View data |
