Jewelry Market Overview in Ireland
In value terms, jewelry production reduced to $ in 2019 estimated in export prices. Over the period under review, production showed a deep downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by % year-to-year. Jewelry production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
The size of the jewelry market in Ireland soared 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). In general, consumption, however, continues to indicate a moderate expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.