The sold production of articles of jewellery made of precious metal in France experienced significant fluctuations over the past decade. After a decline in 2013, the market saw variable changes, including a notable increase of 13.14% in 2017 and a significant spike of 33.74% in 2021, reaching a peak of 1043.8 million Euros. However, there was a sharp decline of 31.04% in 2022, followed by a slight recovery of 3.46% in 2023, where the value stood at 744.71 million Euros. The Compound Annual Growth Rate (CAGR) over the last five years averaged at 1.2%. The forecast for the years 2024 to 2028 shows a moderate future growth with an expected CAGR of 0.76%, reaching 781.4 million Euros by 2028.

Trends to watch for:

The impact of economic recovery post-pandemic on luxury goods consumption.
Shifts towards sustainable and ethical jewellery potentially affecting market dynamics.
Technological advancements in production methods could influence cost structures and production volumes.