Italy produces the most jewellery in the European Union, accounting for 36% of the total produced in 2023, according to new data from Eurostat.
Italy produced some €1.559 billion worth of jewellery in 2023, the data showed.
Other countries with a sizeable jewellery production industry include France, at €1.444 million (33% of the total), Germany, at €507 million (12% of the total) and Spain, at €444 million (10% of the total).
Greece (with an industry valued at €50.7 million), Belgium (€41.7 million), Czechia (€31.8 million), Austria (€24.9 million) and Finland (€23.1 million) are some of Europe’s other jewellery-producing nations.
Value of jewellery market
The overall jewellery industry in the EU was valued at €4.363 billion in 2023, a 1% increase on the previous year (€4.321 billion).
Countries that saw the biggest year-on-year increase in jewellery production (i.e. compared to 2022) included Croatia (+26%), Czechia (+25%) and Ireland (+20%), while Lithuania (-36%), Latvia (16%) and Italy (-8%) reported the biggest declines, according to Eurostat.
No data was available for several European markets, including the Netherlands, Portugal, Sweden, Poland, Slovakia, Hungary, Romania and Slovenia.
Jewellery production by EU country (€ value)
| Country | Production (€) |
|---|---|
| Italy | 1,559,026,000 |
| France | 1,444,027,000 |
| Germany | 506,836,000 |
| Spain | 443,550,000 |
| Greece | 50,733,000 |
| Belgium | 41,697,000 |
| Czechia | 31,894,768 |
| Austria | 24,874,000 |
| Finland | 23,068,000 |
| Denmark | 18,161,296 |
| Ireland | 12,998,000 |
| Bulgaria | 7,546,784 |
| Lithuania | 2,609,000 |
| Estonia | 1,841,000 |
| Latvia | 1,546,000 |
| Croatia | 500,000 |
| Cyprus | 0 |
| Luxembourg | 0 |
| Malta | 0 |
