Italy clearly leads the European jewellery and bijouterie production value share, holding 41.79 million euros. France and Germany follow at a significant distance with values of 15.78 million and 9.47 million euros, respectively. A year-on-year analysis indicates stable growth for Italy, France, and Germany, with increases of around 2% on average, while Belgium and Norway experienced notable declines. Portugal showed remarkable growth with a 5.51% increase, standing out among smaller markets. Serbia reported an unusual surge with an 18.38% increase.
Looking ahead, watch the Central European markets, such as Poland and the Czech Republic, which show steady growth potential. The luxury segment might face challenges due to economic uncertainties, while sustainable and ethically produced jewellery could see increased demand. Additionally, digital transformation, including virtual showrooms and online sales channels, will likely influence market dynamics further.
Top countries in Jewellery, Bijouterie Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.79 | 2023 | +8.53% | +2.55% | View data |
| 2 | 2 France | 15.78 | 2023 | +3.26% | +2.72% | View data |
| 3 | 3 Germany | 9.47 | 2023 | +1.43% | +2.35% | View data |
| 4 | 4 Austria | 7.42 | 2023 | -3.36% | +2.63% | View data |
| 5 | 5 United Kingdom | 6.51 | 2023 | -0.53% | +0.15% | View data |
| 6 | 6 Spain | 3.98 | 2023 | +3.68% | +0.48% | View data |
| 7 | 7 Switzerland | 2.65 | 2023 | -1.8% | -1.94% | View data |
| 8 | 8 Poland | 2.26 | 2023 | +2.11% | +3.25% | View data |
| 9 | 9 Belgium | 2.02 | 2023 | -2.48% | -6.25% | View data |
| 10 | 10 Czech Republic | 1.16 | 2023 | +1.9% | +2.08% | View data |
