Upcoming Trade Shows in Switzerland for Jewelry

Switzerland’s jewelry sector exerts a strong, continued influence over the global jewelry trade and monitoring the fluctuations of the Swiss market gives players deep insight into the mega trends of today and how they affect consumption. Forecasts suggest that Swiss jewelry exports will reach 10 million euros by 2026, marking a steady annual growth of 1.6% from 8.4 million euros in 2021. Conversely, jewelry imports are expected to rise to 14.7 million euros by 2026, growing at a rate of 2.7% annually from 10.8 million euros in 2021. Notably, France, the United Kingdom, Italy and the United States feature prominently as key trading partners for both exports and imports. The precious metal industry, integral to Switzerland’s jewelry sector, capitalizes on the nation’s competitive advantages and regulatory framework. With a stringent legislative environment, Swiss producers have emerged as pioneers in the profession and authorities in the international gold market. Rigorous management practices, a culture of innovation, skilled workforce and synergies with related sectors like watchmaking and banking contribute towards the industry’s success. In terms of employment, the precious metal industry creates 1500 direct and 1000 indirect jobs in Switzerland. These positions require high levels of expertise and offer wages above the industrial sector average, contributing significantly to the country's economic vitality. Switzerland’s position as the fourth-largest importer of jewelry globally cements its status as a very sought-after business partners. Key import markets include France, the United States, Italy, the United Kingdom and the United Arab Emirates. Among these, it was the United States, France and Qatar were identified as the fastest-growing import markets within the 2021 – 2022 period. However, despite robust import figures, 2022 saw a decline in jewelry exports for the first time since 2017, ending a four-year upward trend. While export volumes fluctuated throughout the analyzed period, the overall trend indicated measured expansion.