The jewelry industry in Italy has experienced remarkable growth and transformation in recent years. From the steady increase in turnover and production value to the impact of global market trends and consumer behavior, the Italian jewelry sector continues to thrive.
In this article, we delve into various aspects of the industry, including revenue trends, leading companies, international trade, and consumer behavior, shedding light on the dynamic nature of the Italian jewelry market.
01 Italian jewelry industry
Receita dos relógios & jewelry industry Worldwide 2017-2026 (in billion dólares americanos)
Descrição: The global revenue in the watches & jewelry segment of the accessories market was forecast to continuously increase between 2023 and 2026 by in total 44.8 billion U.S. dollars (+11.97 percent). The revenue is estimated to amount to 418.9 billion U.S. dollars in 2026.
Leading jewelry exporters worldwide in 2021, by country (in billion U.S. dollars)
Descrição: This statistic shows the value of jewelry exports from the leading countries worldwide in 2021. In 2021, Switzerland exported approximately 11.4 billion U.S. dollars of jewelry around the world, which was slightly less than top-placed United States.
Turnover of the jewelry industry in Italy from 2013 to 2020 (in million euros)
Descrição: This statistic displays the turnover of the jewelry industry in Italy from 2013 to 2019. According to the data, over the period of consideration, the turnover of the jewelry industry in Italy grew steadily, going from approximately 6.6 billion euros in 2013 to almost 9.2 billion euros in 2019.
Turnover growth of the jewelry industry in Italy from 2014 to 2020
Descrição: This statistic displays the growth of the turnover of the jewelry industry in Italy from 2014 to 2020. According to the data, over the period of consideration, the turnover of the jewelry industry in Italy grew steadily, peaking at more 10.6 percent in 2019, up from the previous years.
The market price of raw materials for the Italian jewelry industry from 2013 to 2019 (in euros per ounce)
Descrição: This statistic displays the market price of raw materials for the Italian jewelry industry in Italy between 2013 and 2019. As of the survey period, the market price of gold fluctuated over time reaching its lowest value in 2014 at 953.1 euros per ounce and peaked at 1,128 euros in 2016.
Distribution of jewelry advertising spending in in Italy in 2019, by medium
Descrição: In 2019, 57 percent of advertising investments of jewelry brands in Italy were destined towards TV ads. Magazines were the second most popular medium, with 25 percent. Italian jewelry industry invested a total of 59.4 million euros in advertising that year.
02 Leading companies
Leading watches and jewelry companies in Italy in 2020, by sales revenues (in 1,000 euros)
Descrição: This statistic presents the leading companies active in the manufacturing/distribution of watches and jewelry in Italy in 2019, by sales revenues.
According to data provided by Competitive Data, in 2020, LVMH Italia S.p.A. was the leading manufacturer/distributor of watches and jewelry in Italy, with domestic sales revenues of 718 million euros. Following in the ranking came Bulgari, with domestic revenue of 412 million euros.
Net revenues of watches and jewelry companies in Italy from 2015 to 2020 (in million euros)
Descrição: This statistic presents the net revenues of a significant sample of companies active in the manufacturing/distribution of watches and jewelry in Italy from 2015 to 2020. According to data provided by Competitive Data, domestic net revenues of the companies sampled in Italy increased from 1.7 billion euros in 2015 to 2.1 billion euros in 2019, before dropping again to 1.6 million euros in 2020.
Production value of watches and jewelry companies in Italy from 2015 to 2020 (in million euros)
Descrição: This statistic presents the production value of a significant sample of companies active in the manufacturing/distribution of watches and jewelry in Italy from 2015 to 2020. According to data provided by Competitive Data, production value of the companies sampled in Italy increased from 1.74 billion euros in 2015 to over 2.2 billion euros in 2019. This value decline in 2020 to 1.6 milion euros.
Net result of watches and jewelry companies in Italy from 2015 to 2020 (in million euros)
Descrição: This statistic presents the net result of a significant sample of companies active in the manufacturing/distribution of watches and jewelry in Italy from 2015 to 2020. According to data provided by Competitive Data, net result of the companies sampled in Italy decreased from 43 million euros in 2015 to 86 million euros in 2019. In 2020, this figure declined to six million euros.
Jewelry brands with highest advertising spending in Italy in 2019 (in 1,000 euros)
Descrição: In 2019, Pandora was the jewelry brand with highest advertising spending in Italy. Its ad expenditures amounted to 14.97 million euros, more than 3.5 times more than Morellate, which ranked second. Italian jewelry industry invested a total of 59.4 million euros in advertising that year.
03 International trade
Export value of the Italian jewelry industry from 2014 to 2020 (in million euros)
Descrição: This statistic displays the export value of the Italian jewelry industry from 2014 to 2020. According to the data, during the period of consideration, the value of the exports of the Italian jewelry industry increased overall, growing from approximately six billion euros in 2014 to just over 7.4 billion euros in 2019.
Export value of the Italian jewelry industry from Italy in 2019, by destination market (in million euros)
Descrição: In 2019, the value of the export of the Italian jewelry industry to the Swiss market amounted to about 1.2 billion euros. Export of the Italian jewelry industry to the U.S. market followed with a total export value of 958.2 million euros.
Export value of the Italian fine jewelry industry in Italy from 2014 to 2020 (in million euros)
Descrição: This statistic displays the export value of the Italian fine jewelry industry in Italy between 2014 and 2020. As of the survey period, the value of the export of the Italian fine jewelry industry increased from about 5.2 billion euros in 2014 to approximately 6.4 billion euros in 2019.
Import value of the Italian jewelry industry from 2014 to 2020 (in million euros)
Descrição: This statistic displays the import value of the Italian jewelry industry in the period from 2014 to 2020. The value of imports of the Italian jewelry industry increased from about 2.1 billion euros in 2014 to about 3.1 billion euros in 2019.
Import value of the Italian jewelry industry in 2019, by supplier country (in million euros)
Descrição: This statistic displays the import value of the Italian jewelry industry in Italy in 2019, by country. According to the data, in 2019, the import value of the Italian jewelry industry from the Swiss market amounted to approximately 652 million euros. During the same period, imports of jewelry from France followed with a total value of nearly 455 million euros.
Import value of the Italian fine jewelry* industry between 2014 and 2020 (in million euros)
Descrição: This statistic displays the import value of the Italian fine jewelry industry between 2014 and 2020. The value of the import of the Italian fine jewelry industry increased from about 991 million euros in 2014 to about 1.7 billion euros in 2019.
Import value of precious metals for the Italian jewelry industry between 2014 and 2019 (in thousand euros)
Descrição: This statistic displays the import value of precious metals for the Italian jewelry industry between 2014 and 2019. As of the year 2018, the value of the import of precious metals was about 6.5 billion euros, a slight increase compared to the previous years.
04 Consumer behavior
How much are you going to spend on precious jewelry and watches in 2020?
Descrição: This statistic presents the spending intentions of Italian consumers on precious jewelry and watches in 2020. According to the survey results, 52 percent of respondents are not going to buy expensive jewelry and watches at all, while 28 percent of consumers stated that their spending on precious jewelry and watches is going to remain the same as in the past.
Share of jewelry shops with websites and social networks profiles in Italy in 2019
Descrição: In 2019, 19 percent of jewelry shops in Italy had both a website and one or more social media profiles. On the other hand, about 29 percent of jewelry shops did not have any online presence at all.
Impact of coronavirus (COVID-19) on consumer spending in selected countries as of March 2020, by retail category
Descrição: Over the next two weeks from March 23, 2020, consumers in Italy, Spain, the UK and the U.S. intended to increase their spending on groceries. Respondents stated that they expected to decrease their spending for every other retail category.
Purchase value of goods and services of the jewelry industry in Italy between 2010 and 2020 (in 1,000 euros)
Descrição: The statistic illustrates the total purchase value of goods and services of the jewelry industry in Italy between 2010 and 2020. As of 2020, the purchase value of goods and services of the jewelry industry amounted to over four billion euros, a decrease compared to the previous year.
Pensamento final:
The Italian jewelry industry stands as a shining example of craftsmanship, innovation, and business acumen. With a rich history and a commitment to excellence, Italian jewelry brands have achieved global recognition and success. As the industry continues to evolve and adapt to changing market dynamics and consumer preferences, it remains a beacon of creativity and artistry, providing exquisite pieces that captivate the hearts of jewelry enthusiasts worldwide.
