Export for the gold and jewellery sector is growing
The Confindustria Moda Study Center publishes for Federorafi the 2021 data confirming a favorable evolution of the sector's exports
In the first nine months of 2021, the Italian goldsmith industry enjoyed more than a positive trend. This thesis is supported by the elaboration for Federorafi of the Confindustria Moda Study Center, based on Istat data. Specifically, from January to September 2021, exports increased by 70.6% for a total of 5574 million euros. In absolute terms, therefore, exports in the first nine months of the past year increased by over 2.3 billion compared to January 2020 and gained 10%, or 506 million euros, over the period between January and September 2019. After all, foreign sales in September 2021 alone exceeded those of September 2019 by 42.1%.
Concerning the countries of destination, the first three remain United States with 15.7% and an export growth compared to the first nine months of 2020 at + 93.6%, Switzerland with 12.8% and a + 62.2% compared to 2020 and the United Arab Emirates with 11.9% and a + 135.5% on 2020.
In the same period, direct sales to Hong Kong also rose by 40.9% while China, with a share of 1.3%, remained in 14th place in the ranking of foreign markets, but recording the most significant increase, equal to 208.9%.
The only ones with a negative sign (-1.1%) are exports to the United Kingdom.
At the district level, Arezzo remains the most important of Italian industry, with an export share of over 31% and with a growth of 92.4% equal to 1.8 billion euros. The Vicenza district rose by 69.9%, for a total of 1.2 billion, 20% of the national total, while exports from Alessandria, the third province in terms of exported value, amounted to just over a billion euros, grew by 27.3%.
