The jewellery wages and salaries in Finland stood at 10.5 million Euros in 2023. The market has shown a persistent decline since 2013, with minor fluctuations. Year-on-year, the wages and salaries dropped by 2.78% from the previous year, continuing a trend of negative growth. The long-term analysis shows a consistent downward trend with an annual average variation (CAGR) of -2.8% over the last five years.
Future trends to watch for:
- With a forecasted 5-year CAGR of -2.26%, the industry is expected to continue its decline, reaching 9.1 million Euros by 2028.
- Understanding the factors influencing this steady decline is crucial for stakeholders to strategize and potentially reverse the trend.