The analysis of the sold production of articles of jewellery and parts thereof in France from 2013 to 2023 reveals a fluctuating trend with some notable peaks and valleys. In 2019, the industry experienced a significant surge with a year-on-year increase of 25.41%, followed by a dip in 2020 and a substantial rebound in 2021 with a 29.44% growth. However, 2022 saw a sharp decline of 29.41%, while 2023 experienced a modest recovery of 3.07%. The CAGR over the past five years stands at 1.08%, indicating modest average growth amid volatility. For 2023, the value is 759.41 million Euros.
Looking ahead, the forecasted data suggests a steady but slow growth in the jewellery production sector, with a forecasted 5-year CAGR of 0.66% and a total growth rate of 3.33% by 2028. Future trends to watch include potential impacts from changing consumer preferences, economic conditions, and innovations in jewellery design and materials.
