The sold production of articles of jewellery and parts thereof in Finland over the past decade has shown a fluctuating trend with clear periods of growth and decline. From 2013 to 2023, the value was marked by a significant growth spurt in 2014 and steadily mixed annual variations thereafter. Notably, there was a notable peak in 2017 followed by another significant increase in 2021, which was later countered by mild declines in subsequent years. By 2023, the value stood at approximately 27.89 million euros.
Year-on-year variations highlight a volatile market, with increases such as 26.66% in 2014 and 10.66% in 2021, alongside declines like -6.03% in 2019 and -4.23% in 2022. The last five years reported an average annual variation (CAGR) of -0.58%, reflecting an overall slight decline.
Looking ahead, the forecast from 2024 to 2028 suggests a marginally declining trend with a 5-year CAGR of -0.04%, indicating a stable but slightly contracting market in terms of value. Future trends to watch for include potential impacts of economic shifts, consumer preferences for sustainable and locally produced jewellery, and technological advancements in jewellery manufacturing, which could alter the production dynamics in this sector.
