The Egyptian imitation jewellery market rose notably to $18M in 2024, picking up by 9.9% 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). Over the period under review, consumption, however, recorded a abrupt curtailment.

USD 228.23 Million in 2024; projected USD 535.21 Million by 2033; CAGR 9.88%.

Egypt Luxury Fashion & Jewelry Market valued at USD 3.5 Bn, driven by rising disposable incomes and middle class growth, with Jewelry leading segment and Women as top end-users.

USD 131.32 Million in 2024; projected USD 284.43 Million by 2033; CAGR 8.88%.

USD 112.44 Million in 2024; projected USD 288.37 Million by 2033; CAGR 11.09%.

Statistics illustrates market overview of non-silver precious metal non-jewelry articles in Egypt from 2007 to 2024.

USD 262.97 Million in 2024; projected USD 481.98 Million by 2033; CAGR 6.96%.

USD 0.92 Billion in 2024; projected USD 1.37 Billion by 2033; CAGR 4.54%.

Jewelry Price in Egypt - 2023. Find the latest marketing data on the IndexBox platform.

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Jewelry Market Size 2024-2028

The jewelry market size is forecast to increase by USD 107.9 billion, at a CAGR of 5.45% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for jewelry as gifts and the expanding acceptance of jewelry among men. This trend is fueled by cultural shifts and evolving consumer preferences, creating a favorable market landscape for businesses. Moreover, the growing acceptance of gems and jewelry among men, expanding beyond traditional roles as gifts for women, is broadening the market base. However, the market faces a substantial challenge with the increasing availability of counterfeit jewelry. This issue poses a threat to both consumers and legitimate businesses, as it undermines trust and quality standards. Companies must invest in robust anti-counterfeiting measures and collaborate with industry organizations to combat this challenge effectively. By focusing on authenticity and quality, businesses can differentiate themselves in the market and capitalize on the growing demand for jewelry.
Additionally, expanding product offerings to cater to the increasing acceptance of jewelry among men and exploring innovative marketing strategies can further bolster growth opportunities. Overall, the market presents a dynamic and promising landscape for businesses, offering potential for growth and innovation while navigating the challenges of counterfeiting.

What will be the Size of the Jewelry Market during the forecast period?

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The market continues to evolve, with dynamic market activities unfolding across various sectors. Brick-and-mortar stores face increasing competition from e-commerce platforms, as online retailers offer convenience and a wider selection of jewelry types. However, the tactile experience of trying on jewelry in person remains a draw for many consumers. Costume jewelry maintains its popularity, with mass-produced pieces often incorporating the latest trends. Meanwhile, fine jewelry, including engagement rings and wedding bands, continues to be a significant market, with consumers seeking quality and craftsmanship. Technological advancements, such as 3D printing and CAD/CAM design, are transforming the jewelry industry.

Conflict-free diamonds and ethical sourcing are becoming increasingly important, as consumers demand transparency and sustainability. Jewelry care is a constant concern, with consumers seeking out jewelry insurance, repair services, and cleaning solutions. Antique jewelry and estate pieces also remain popular, with collectors and enthusiasts seeking authenticity and history. Jewelry distributors and luxury jewelry brands cater to different market segments, with statement pieces and sustainable materials gaining traction. Watches, including those with complications, remain a staple in the market. Jewelry manufacturing processes, such as bezel setting, pavé setting, channel setting, and prong setting, continue to evolve, with handcrafted and recycled metals gaining popularity.

Jewelry auctions offer collectors and investors a chance to acquire rare and unique pieces. The market is a continually evolving landscape, with consumers seeking quality, sustainability, and innovation. From precious metals and diamonds to costume jewelry and watches, the market caters to a diverse range of preferences and budgets.

How is this Jewelry Industry segmented?

The jewelry industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Distribution Channel

  Specialist retailers
  Online


Material

  Gold
  Diamond
  Others


Product Type

  Rings
  Necklaces & Pendants
  Earrings
  Bracelets
  Watches
  Cufflinks
  Brooches


End-User

  Men
  Women
  Children


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The specialist retailers segment is estimated to witness significant growth during the forecast period.

The market encompasses various segments, including metal alloys, jewelry repair, pavé and channel setting, jewelry appraisal, cad/cam design, wedding bands, handcrafted jewelry, carat weight, jewelry design, sustainable jewelry, estate jewelry, jewelry care, brick-and-mortar stores, costume jewelry, bezel setting, fine jewelry, jewelry insurance, 3D printing, conflict-free diamonds, antique jewelry, e-commerce platforms, jewelry distribu

USD 61.79 Million in 2024; projected USD 88.47 Million by 2033; CAGR 4.01%.

In 2023, the amount of imitation jewelry imported into Egypt rose modestly to 667 tons, growing by 2.2% against the year before.

Access Middle East Jewelry Display Stands Industry Overview which includes Middle East country analysis of (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East), market split by Type, Application

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Diamond Jewelry Market Size 2025-2029

The diamond jewelry market size is valued to increase USD 18.77 billion, at a CAGR of 3.2% from 2024 to 2029. Innovation in terms of design and manufacturing technology will drive the diamond jewelry market.

Major Market Trends & Insights

North America dominated the market and accounted for a 44% growth during the forecast period.
By Product Type - Rings segment was valued at USD 50.40 billion in 2023
By Distribution Channel - Specialty stores segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 28.47 billion
Market Future Opportunities: USD 18773.30 billion
CAGR : 3.2%

Market Summary

The market represents a dynamic and continually evolving industry, driven by advances in core technologies and applications, service types, and product categories. Technological innovations in design and manufacturing processes, such as the use of computer-aided design (CAD) and 3D printing, are revolutionizing the industry. Additionally, the increasing adoption of omnichannel strategies by retailers is expanding market reach and enhancing customer experience. However, the market faces challenges, including the presence of counterfeit products in the e-retailing space, which undermines consumer trust and brand reputation.
The market size was valued at over 80 billion US dollars in 2020, and it is expected to grow further as consumers continue to seek unique, high-quality pieces. These trends and dynamics highlight the ongoing evolution of the market and the opportunities and challenges that lie ahead.

What will be the Size of the Diamond Jewelry Market during the forecast period?

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How is the Diamond Jewelry Market Segmented and what are the key trends of market segmentation?

The diamond jewelry industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product Type

  Rings
  Necklaces
  Earrings
  Bangles
  Pendants


Distribution Channel

  Specialty stores
  Department stores
  Discounters
  Online retailers
  Others


Type

  Natural
  Lab-grown


End-User

  Women
  Men
  Unisex


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Type Insights

The rings segment is estimated to witness significant growth during the forecast period.

In the dynamic and evolving the market, rings continue to dominate with a significant market share in 2024. Major players, such as Harry Winston, Tanishq, and Malabar Gold and Diamonds, cater to diverse customer needs with extensive offerings. For instance, Tanishq provides over three thousand designs for diamond rings, ensuring a wide range of choices for consumers. The luxury segment is experiencing growth as companies target high-end customers with premium products. The increasing affluence of the middle class, particularly during weddings and celebrations, fuels the demand for these luxury offerings. Companies are responding by introducing advanced technologies and techniques to enhance their product offerings.

For example, jewelry design software and 3D printing technology enable the creation of intricate designs, while laser inscription technology allows for personalized engravings. In the realm of diamond quality assessment, color grading systems, clarity characteristics assessment, and inclusion mapping technology play crucial roles. These technologies help ensure the authenticity and value of diamonds, contributing to the overall growth of the market. Furthermore, ethical sourcing practices and conflict-free diamonds are becoming increasingly important to consumers, driving the adoption of certification standards such as GIA and AGS. The market for diamond jewelry is also witnessing advancements in setting methods, with tension setting and prongs setting styles gaining popularity.

Precious metal alloys, such as gold karat purity, are used to enhance the durability and appearance of jewelry pieces. Additionally, techniques like electroplating and metal finishing processes contribute to the overall aesthetic appeal of the products. Looking ahead, the industry anticipates continued growth, with an estimated 25% of the market share attributed to online sales in 2025. Furthermore, the integration of technology in jewelry manufacturing, such as wax casting techniques and CAD jewelry modeling, is expected to streamline production processes and reduce costs. In conclusion, the market is a thriving indus

In 2017, the amount of articles of jewellery imported into Egypt stood at X tons, picking up by X% against the previous year. Overall, articles of jewellery imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2016, an increase of X% year-to-year. Egypt imports peaked in 2017, and are likely to continue its growth in the near future.In value terms, articles of jewellery imports amounted to $X in 2017.

Egypt Equity Market Index: Local Currency data was reported at 95.712 2010=100 in May 2020. This records an increase from the previous number of 93.416 2010=100 for Apr 2020. Egypt Equity Market Index: Local Currency data is updated monthly, averaging 90.822 2010=100 from Jan 2006 (Median) to May 2020, with 172 observations. The data reached an all-time high of 196.305 2010=100 in Apr 2018 and a record low of 56.535 2010=100 in Jun 2013. Egypt Equity Market Index: Local Currency data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Egypt – Table EG.World Bank.GEM: Equity Market Index. Local equity market index valued in local currency unit (LCU) terms

Access Middle East Jewelry Insurance Industry Overview which includes Middle East country analysis of (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East), market split by Type, Downstream

Egypt Equity Market Index: USD data was reported at 33.032 2010=100 in May 2020. This records an increase from the previous number of 32.290 2010=100 for Apr 2020. Egypt Equity Market Index: USD data is updated monthly, averaging 61.655 2010=100 from Jan 2006 (Median) to May 2020, with 172 observations. The data reached an all-time high of 161.464 2010=100 in Apr 2008 and a record low of 27.408 2010=100 in Dec 2016. Egypt Equity Market Index: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Egypt – Table EG.World Bank.GEM: Equity Market Index. Local equity market index valued in US$ terms

Access Middle East Opal Jewelry Industry Overview which includes Middle East country analysis of (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East), market split by Product Type, Applications, Distribution Channel

The Egyptian silver goldsmiths non-jewelry article market rose significantly to $43M in 2023, increasing by 7.5% against the previous year. Overall, consumption continues to indicate a moderate expansion. Silver goldsmiths non-jewelry article consumption peaked at $46M in 2021; however, from 2022 to 2023, consumption remained at a lower figure.