In 2024, Italy leads the European jewellery and bijouterie market with a turnover of €39.25 million, followed by France (€15.16 million), Germany (€11.03 million), and Austria (€7.29 million). Year-on-year variations highlight Italy's 2.31% increase, France's 1.29% growth, and Germany's 2.75% rise, while Austria grew by 2.6%. Notable declines include Belgium (-10.76%), Denmark (-12.45%), and Norway (-4.97%), while Bosnia and Herzegovina saw a remarkable 21.29% growth. Over the past 5 years, market trends show steady growth in major markets while smaller markets experience fluctuating changes.
Future trends to watch include digital transformation in retail, increasing consumer preference for sustainable and ethically sourced jewellery, and market expansion in Eastern Europe. Continued growth in established markets like Italy, France, and Germany alongside emerging trends will shape the landscape.
Top countries in Jewellery, Bijouterie Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.25 | 2023 | +7.92% | +2.31% | View data |
| 2 | 2 France | 15.16 | 2023 | +5.55% | +1.29% | View data |
| 3 | 3 Germany | 11.03 | 2023 | +8.9% | +2.75% | View data |
| 4 | 4 Austria | 7.29 | 2023 | -3.17% | +2.6% | View data |
| 5 | 5 United Kingdom | 6.6 | 2023 | -0.45% | +0.041% | View data |
| 6 | 6 Spain | 3.94 | 2023 | +3.93% | +0.63% | View data |
| 7 | 7 Switzerland | 2.85 | 2023 | +0.67% | +1.25% | View data |
| 8 | 8 Poland | 2.79 | 2023 | -0.28% | -1.07% | View data |
| 9 | 9 Belgium | 1.88 | 2023 | -8.55% | -10.76% | View data |
| 10 | 10 Czech Republic | 1.15 | 2023 | +1.51% | +0.41% | View data |