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Global demand
The demand for gold worldwide rose to more than 4,740 metric tons in 2022, the highest demand in a decade. There are several different industries that use gold, and in 2021, the largest of these was the jewelry industry. In 2021, the jewelry industry used over 2,200 metric tons of gold, accounting for more than double any other sector. Regionally, India and China account for the largest share of global gold jewelry demand.
Diamonds are probably the most iconic gemstone to be used in jewelry production, thought of by many as a symbol of everlasting love and luxury. In 2021, the diamond jewelry market was valued at about 87 billion U.S. dollars worldwide. Silver and platinum are two other commonly used jewelry materials, though platinum jewelry has seen a downwards trend in popularity over the years.
Leading retailers
Some of the top jewelry retailers worldwide are Signet Jewelers, Richemont Group, and LVMH Group. Signet Jewelers generates the majority of its sales through bridal and fashion jewelry. LVMH Group attributed five percent of its total revenue to jewelry and watches, which amounted to around 10.6 billion U.S. dollars in 2022. LMVH owns the brands Bulgari, Hublot, Chaumet, and acquired the well-known brand Tiffany and Co. in 2021.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
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Key insights
Detailed statistics
Value of the global personal luxury goods market 1996-2022
Detailed statistics
Revenue of the jewelry industry Worldwide 2019-2028
Detailed statistics
Size of the luxury watches and jewelry market worldwide 2023
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- Premium Statistic Revenue of the jewelry industry Worldwide 2019-2028
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- Premium Statistic Global market value forecast of costume jewelry in 2021-2027
- Premium Statistic Size of the luxury watches and jewelry market worldwide 2023
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Market overview
- Premium Statistic Revenue of the jewelry industry Worldwide 2019-2028
Revenue of the jewelry industry Worldwide 2019-2028
Revenue of the jewelry industry Worldwide 2019-2028 (in billion U.S. dollars)
- Premium Statistic Global diamond jewelry market value 2010-2022
Global diamond jewelry market value 2010-2022
Market value of diamond jewelry worldwide from 2010 to 2022 (in billion U.S. dollars)
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Global market value forecast of costume jewelry in 2021-2027
Forecast value of the costume jewelry market worldwide from 2021 to 2027 (in billion U.S. dollars)
- Premium Statistic Size of the luxury watches and jewelry market worldwide 2023
Size of the luxury watches and jewelry market worldwide 2023
Market value of luxury watches and jewelry worldwide in 2023 (in billion euros)
- Premium Statistic Global market value of online jewelry in 2020-2027
Global market value of online jewelry in 2020-2027
Estimated value of the online jewelry market worldwide from 2020 to 2027 (in billion U.S. dollars)
Worldwide watch & jewelry market revenue by country 2023
Leading countries in the watches and jewelry market in 2023, by revenue (in million U.S. dollars)
International trade
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- Basic Statistic Gold, silverware, and jewelry: export value worldwide 2003-2022
- Basic Statistic Gold, silverware, and jewelry: import value worldwide 2003-2022
- Basic Statistic Leading exporters of gold, silverware, and jewelry worldwide 2022
- Basic Statistic Leading importers of gold, silverware, and jewelry worldwide 2022
International trade
- Basic Statistic Gold, silverware, and jewelry: export value worldwide 2003-2022
Gold, silverware, and jewelry: export value worldwide 2003-2022
Export value of gold, silverware, and jewelry worldwide from 2003 to 2022 (in billion U.S. dollars)
- Basic Statistic Gold, silverware, and jewelry: import value worldwide 2003-2022
Gold, silverware, and jewelry: import value worldwide 2003-2022
Import value of gold, silverware, and jewelry worldwide from 2003 to 2022 (in billion U.S. dollars)
- Basic Statistic Leading exporters of gold, silverware, and jewelry worldwide 2022
Leading exporters of gold, silverware, and jewelry worldwide 2022
Leading exporting countries of gold, silverware, and jewelry worldwide in 2022 (in million U.S. dollars)
- Basic Statistic Leading importers of gold, silverware, and jewelry worldwide 2022
Leading importers of gold, silverware, and jewelry worldwide 2022
Leading importing countries of gold, silverware, and jewelry worldwide in 2022 (in million U.S. dollars)
Materials
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- Premium Statistic Global gold jewelry demand from 2010 to 2022
- Premium Statistic Global gold jewelry demand in 2022, by region
- Premium Statistic Global silver jewelry demand from 2012 to 2022
- Premium Statistic Global platinum demand for jewelry 2013-2023
- Premium Statistic Global platinum demand for jewelry by region 2015-2023
Materials
- Premium Statistic Global gold jewelry demand from 2010 to 2022
Global gold jewelry demand from 2010 to 2022
Gold jewelry demand worldwide from 2010 to 2022 (in tonnes)
- Premium Statistic Global gold jewelry demand in 2022, by region
Global gold jewelry demand in 2022, by region
Gold jewelry demand worldwide in 2022, by leading region (in tonnes)
- Premium Statistic Global silver jewelry demand from 2012 to 2022
Global silver jewelry demand from 2012 to 2022
Silver jewelry demand worldwide from 2012 to 2022 (in million ounces)
- Premium Statistic Global platinum demand for jewelry 2013-2023
Global platinum demand for jewelry 2013-2023
Platinum demand for jewelry worldwide from 2013 to 2023 (in 1,000 ounces)
- Premium Statistic Global platinum demand for jewelry by region 2015-2023
Global platinum demand for jewelry by region 2015-2023
Platinum demand for jewelry worldwide from 2015 to 2023, by region (in 1,000 ounces)
Leading companies
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- Basic Statistic Signet Jewelers' global net sales from 2014 to 2023
- Basic Statistic Signet Jewelers' sales share worldwide in 2023, by merchandise type
- Basic Statistic Total sales of the Richemont Group worldwide 2008-2023
- Basic Statistic Sales share of Richemont worldwide 2022, by product segment
- Basic Statistic Global revenue LVMH Group's watches and jewelry segment 2008-2023
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Leading companies
- Basic Statistic Signet Jewelers' global net sales from 2014 to 2023
Signet Jewelers' global net sales from 2014 to 2023
Net sales of Signet Jewelers worldwide from fiscal year 2014 to 2023 (in million U.S. dollars)
- Basic Statistic Signet Jewelers' sales share worldwide in 2023, by merchandise type
Signet Jewelers' sales share worldwide in 2023, by merchandise type
Merchandise mix of Signet Jewelers worldwide in fiscal year 2023
- Basic Statistic Total sales of the Richemont Group worldwide 2008-2023
Total sales of the Richemont Group worldwide 2008-2023
Total sales of the Richemont Group worldwide from FY2008 to FY2023 (in billion euros)
- Basic Statistic Sales share of Richemont worldwide 2022, by product segment
Sales share of Richemont worldwide 2022, by product segment
Richemont Group's sales share worldwide in 2022, by product category
- Basic Statistic Global revenue LVMH Group's watches and jewelry segment 2008-2023
Global revenue LVMH Group's watches and jewelry segment 2008-2023
Global revenue of LVMH Group's watches and jewelry segment from 2008 to 2023 (in million euros)
- Premium Statistic Business segment revenue share of the LVMH Group worldwide in 2023
Business segment revenue share of the LVMH Group worldwide in 2023
Revenue share of the LVMH Group worldwide in 2023, by business segment
- Basic Statistic Revenue of Pandora A/S worldwide 2010-2023
Revenue of Pandora A/S worldwide 2010-2023
Total revenue of Pandora A/S worldwide from 2010 to 2023 (in million Danish kroner)
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