Exhibitions in Germany for Jewelry

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By all indications, the German jewelry industry will have a fruitful 2024 as revenues are projected to reach $4.30 billion. An annual growth rate of 1.76% might sound modest, but expectations are for stable growth as consumers turn towards minimalist, contemporary designs in large numbers. Interestingly, consumer behavior in Germany reflects a preference for physical stores with 75% of Gen Z shoppers favoring brick-and-mortar establishments over online platforms. To bridge this gap, retailers are exploring innovative solutions such as AR try-ons to enhance the online shopping experience and engage younger audiences. In line with global trends, sustainability asserts itself as the defining factor in the German jewelry market. Up to this point, 60% of consumers expect brands to address environmental concerns – a clear indication that sustainability has transitioned from a niche concept to the mainstream. This shift is particularly pronounced among younger consumers, who consciously prioritize and seek out ethically sourced materials, recycled metals and lab-grown stones. Brands that embrace sustainability not only resonate with eco-conscious consumers but also tap into a growing market for cost-conscious alternatives in a traditionally luxury-driven industry. Germany’s position as a key player in the global jewelry trade is underscored by its significant imports and exports. Predictions suggest that jewelry imports to Germany will reach €1.7 billion by 2026, driven by consistent year-on-year growth. Italy leads the pack as the top importer, followed closely by France and the United Kingdom. On the export front, Germany is expected to export €1.6 billion worth of jewelry by 2026 with the United Kingdom, Italy and France serving as key destinations. This reciprocal flow of goods ensures market stability and strengthens long-established trade relations. Germany’s jewelry industry maintains its influence by combining its unique jewelry-making craftsmanship with exciting new technologies, transforming the ‘made in Germany’ label into a highly desirable purchase.

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