Jewelry Market Overview in France
In value terms, jewelry production declined to $ in 2019 estimated in export prices. Overall, production, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. Jewelry production peaked at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The size of the jewelry market in France surged to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by % y-o-y. Over the period under review, the market reached the peak level in 2019 and is expected to retain growth in years to come.