The market is dominated by foreign suppliers, as imports account for 77.5% of total market size in 2022. Households drive market demand, with household spending representing 98.4% of total demand in 2022. The US has the largest market size for jewellery and related articles across the top 20 developed countries, with demand reaching USD138 billion in 2022. Tiffany & Co is the largest company in the US, generating 19.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 31.5% of total production value in 2022. The total number of companies decreases in 2022, to 6,575 units. The costs of the industry increase by 5.7% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 15.9% of production value in 2022, the ninth highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 27.9% of total production output. With production value of USD9.2 billion, the US accounts for 72.1% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Jewellery and Related Articles in the US: ISIC 3691. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Jewellery and Related Articles in the US: ISIC 3691 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Household Goods is an aggregation of Furniture, Jewellery and Related Articles, Musical Instruments; Imitation Jewellery, Brushes and Other Personal Items, Sports Goods, Toys and Games, Watches and Clocks.
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