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Made in Italy Gold and Jewelery Sector: all that glitters is gold, exports sell 5,8 billion (+29,7%)

The data from the Confindustria Moda study center for Federorafi show a strong relaunch of exports in this Made in Italy sector. Here are the main markets

Made in Italy Gold and Jewelery Sector: all that glitters is gold, exports sell 5,8 billion (+29,7%)

In the first seven months of 2022, on the basis of the elaborations carried out by the Centro Studi di Confindustria Moda for Federorafi on Istat data, the sector of Made in Italy jewels recorded an increase of + 29,7 % over the same period last year: goods were sold across national borders for 5,8 billion euros (i.e 1,3 billion more).

Gold and jewels: pre-pandemic levels exceeded

Il comparison with the situation pre-pandemic shows how the current levels are 42% higher than those of January-July 2019. Equally lively trends compared to last year were recorded for the quantities exported (expressed in kg), which grew overall by +38,5% .

From the point of view of the destination, increases (almost always double-digit) have been reported for all the main markets, both compared to the first 7 months of 2021 and to the pre-Covid situation. Markedly favorable trends affected both flows to i EU partners (+37,2% on January-July 2021) and markets outside the borders of the Union (+27,3%), which cover almost 3/4 of the sector's foreign sales.

- Use (+18,2%, equal to almost 125 million euros more in absolute terms) confirmed themselves as the first destination, with a share of 14% of the total. In second place the Switzerland, which grew by approximately +29%, and the United Arab Emirates in third place (+25,3%).

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