Like most areas of personal accessories in Argentina, due to a shortage of US dollars in the country, the government has imposed cuts on all imports to avoid running out of reserves. This will likely seriously affect the supply of jewellery in the short term and thus limit growth.
Players operating within jewellery are likely to increasingly focus on the online channel for both marketing and selling their products. The online channel offers potential for new, small brands to get a foothold in the market, with designers being to offer their products through this channel while using social media platforms to promote them at a relatively affordable cost.
Due to the current economic context in Argentina, where there are tight restrictions on the transfer of foreign currency abroad, there are not expected to be any significant new international brands of jewellery entering the market. Nonetheless, there remains demand for luxury brands, both because of the return of foreign tourism and because of the lifting of COVID-19 restrictions which is stimulating demand amongst Argentina’s wealthier class.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Jewellery industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery segment as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.See All of Our Definitions
This report originates from Passport, our Jewellery research and analysis database.
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