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Subject:
Jewelry global market and demographics
Category: Business and Money Asked by: betsybasset-ga List Price: $100.00 |
Posted:
10 Mar 2005 08:04 PST
Expires: 09 Apr 2005 09:04 PDT Question ID: 491423 |
What are the five top jewelry markets in the world brokken down by the following classifications; fine,semi precious or sterling, fashion or costume; and who are the typical consumers? 2004 results would be appreciated but 2003 could also be useful |
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There is no answer at this time. |
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Subject:
Re: Jewelry global market and demographics
From: platinumsmith-ga on 13 Mar 2005 06:56 PST |
I can only comment on high end jewellery. I make and sell custom jewellery online @ www.platinumsmith.com.au and I have been steadily investigating the online business in jewellery ever since I started doing trade work for a huge on-line customer. That said, I will take a shot at your question. Diamonds can be good or bad and find themselves at high end boutique jewellers or in the mall shops and the difference in look and cost is immense. So at the high end you had better be educated. The area between boutique and costume is really blurred. Generally costume is not made out of expensive materials and is sold as fashion accessories. I know nothing about this market. Up from there is silver and it can be high-end (say Tiffany) or out right cheap. It is actually not expensive and what you pay for is the designers name and the workmanship etc. A little higher and you have 9ct+ jewellery with diamonds that look awfull and it is invariable made fast and for a look - there is no quality there. Then we have 18k+ gold (I know there are more), and most of this is ok. The general jewellery made today is assembled from castings. Done well the ring takes 2-5 times longer to make then some of what you see. The way it is finished is all important. Then there is high end jewellery. It can be made in any matal, but in reality will be 18k or platinum with some exotic metals filtering in. The emphasis here is to create quality in every area and this field caters for the fussiest people. Last of all we have custom made jewellery which should be the best but very often isn't. A lot of custom made jewellery is called that mostly because it sounds good. (Same goes with the term 'hand made'). Considerations must be made in view of materials, design, the customers needs and expectations, and the quality must rival anything on the market or best it. Hope this helps. Sorry if I am a bit off but this is a jewellers perspective. |
Subject:
Re: Jewelry global market and demographics
From: vanaji-ga on 16 Mar 2005 02:38 PST |
www.cordis.lu/growth/calls/top-4.31.htm Global Jewellery Market Value: 90 billion of which: US $ 45 % USA 22 % Japan 10 % Italy 8 % UK 6 % Germany 3 % France 5 % Other Countries www.gold.org/value/markets/supply_demand/jewellery.html?PHPSESSID=84b45e0bdfd47100da7cc66c606cdd54 |
Subject:
Re: Jewelry global market and demographics
From: indiraxz-ga on 23 Mar 2005 11:45 PST |
Some of the information that you seek is contained for UK and US in Signet group's annual report which covers: - Retail Jewellery Market Growth - Market Fragmentation - Top Speciality Retail Jewellers - Retail Jewellery Market Map - Retail Sector Growth - Speciality Retail Jewellery Market Size - Jewellery Purchase per Capita The Signet Group is one of the largest high street retailers in UK and US of mass-market non-costume jewellery. See http://www.signetgroupplc.com/signetplc/about/industrystats/ I can only speak for the high-end diamonds market as I look after London sales for an Antwerp-based diamond trading and bespoke design company: www.designsbyindigo.co.uk According to the Diamond High Council of Antwerp (www.hrd.be) Antwerp is the largest diamond market: "8 out of 10 of all rough diamonds are handled in Antwerp" and "1 out of 2 of all polished diamonds passes through Antwerp". There are some more diamond market statistics that can be gleaned from: 1) De Beers annual report (they are still the largest supplier of rough diamonds). http://www.debeersgroup.com/debeersweb/General/News+Archives/De+Beers+sa+2004+Annual+Results.htm 2) Alrosa annual report(they are one of the main competitors to De Beers and supply rough diamonds from Russia)http://eng.alrosa.ru/reports/ars2003eng.pdf 3) Canadian diamond statistics - there are a number of mines operating in Canada which from some sources is estimated to be the third largest producer of diamonds after Botwana and Russia see http://www.statcan.ca/english/research/11-621-MIE/11-621-MIE2004008.htm From my perspective, there is no typical client for high-end diamond jewellery - they are as varied as diamonds and designs. Typically clients come to traders like us to get the diamond of their choice in a design of their choice for a direct from Antwerp trade price - often this is half the retail price. Despite being a small company with an office in only Antwerp and London: we get clients who travel in from all over Europe, USA , South Africa, Australia and from other parts of the world - showing that consumers are more mobile than ever and will seek out a diamond suppliers irrespective of geography. I hope this helps. Best wishes Indira |
Subject:
Re: Jewelry global market and demographics
From: indiraxz-ga on 06 Apr 2005 01:35 PDT |
A useful free resource to dip into is www.antwerpfacets.com for diamond news and articles from the HRD For example, for statistics on: a) The Marketplace: U.S. market for jewelry and watches $57.4 billion in 2004 U.S. consumers spent $57.4 billion on jewelry and watches in 2004, a 6.9 percent increase over the previous year, according to a study by Dublin, Ireland-based Research and Markets reported in Jewelers Circular Keystone. The market for all durable goods rose only 4.7 percent. see full article at http://www.antwerpfacets.com/NewsAgency/detail.aspx?NewsletterID=87&NewsletterItemID=839 b) U.S. retail diamond jewelry market grows for 9th consecutive year The Diamond Information Center at J Walter Thompson has announced that retail sales of diamond jewelry increased by 8.2 percent in the U.S. in 2004. Total U.S. retail sales for the diamond jewelry category?which represents over 50 percent sales worldwide?totaled $31.5 billion in 2004, a $2.4 billion increase over 2003 sales of $29.1 billion. Transactions grew by 4 percent over 2003 and average ticket price showed a 4 percent growth as well. For full article see http://www.antwerpfacets.com/NewsAgency/detail.aspx?NewsletterID=88&NewsletterItemID=858 There is also more info in their archives. Hope this helps. Best wishes Indira |
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