Jewellery Manufacturing in Canada
The Jewellery Manufacturing industry in Canada has been highly volatile over the five years to 2018. While the industry has benefited from rising consumer spending and a depreciation in the Canadian dollar that helped to boost exports early in the reporting period, it has suffered throughout from declining commodity prices, which have diminished product prices alongside severe volatility in total export revenue. Overall, industry revenue has fallen. Over the five years to 2023, the industry is forecast to return to growth, in line with its long-term expansion. While the prices of silver and gold are forecast to decline slightly over the next five years, rising uncertainty about the 2020 US elections, will likely spur increased purchases of industry products.
This industry manufactures jewellery or silverware using precious or semi-precious metals and stones. Costume jewellery manufacturers, specialty coin producers and lapidaries (artisans who form stones, minerals and other durable materials into decorative items) are also included in this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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