U.S. jewelry Jewelry Stores Industry
Production in the United States. Of the US Census Bureau statistics, in 2007, the number of U.S. jewelry manufacturers. (Not included in the artificial), there are about 1.7 billion manufacturing plant in the U.S., mainly small businesses. Employment in the industry only has about 33,000 people in total, about 21,000 people are producing workers. Production value in 2008 approximately 8.3 billion dollars. The majority, or about 70 percent of the value of production of gold and platinum jewelry produced about 10 percent of the value of silver. Most raw materials used in production or about 32 percent of the precious metals as gold and platinum jewelry is 22 percent of the value such as diamonds, semi-precious gemstones. Jewelry, artificial (synthetic) and Pearl Sikhs. Other major producing states in the New York State. (New York) and the State of Rhode Island production value of the two sources together is equivalent to about 51 percent of the value of jewelry products totaled U.S.. The market for trade in goods, jewelry. Market value of about 30 billion dollars per year. The market consists of a small market (market segments) are numerous in both the retail and wholesale levels. Products sold in the market. In normal economic circumstances. Jewelry has been popular among consumers and sales are high. (A), jewelry made of precious metals. The most popular is the diamond. Diamond jewelry market, accounting for about 46 percent of the total jewelry market. (B) in circumstances of market economy for use in jewelry, engagement and wedding (bridal jewelry) and a strong market share of approximately 35 percent of the total jewelry market. (C) and gold jewelry with a market share in the consumption of approximately 11 gold jewelry sold in the U.S. market is mostly gold, 10K, 14K, 18K and 22K are likely gold, 10K is gaining in popularity more and more. because they are cheap. (D), jewelry made of gems, the other's share of the market, consuming approximately nine channels in the retail market with the specialty stores, department stores, mass merchants like Wal-Mart (retail jewelry. The largest of the U.S.) and direct sales for about 47 percent of jewelry sales.
The U.S. in 2008 came from retailers such as specialty stores by 11 of the retail category, discounters such as Wal-Mart 8 percent of the stock of department stores 2 percent of the retailers that sell them. only 6 percent of its members come from mass merchants stores of 6 per cent of direct sales via the Internet or mail orders, the rest is sold in other forms. Sales in the retail market with the highest growth rate. Is sold via the Internet. Jewelry products to the U.S. distribution system. System is not complicated. Most retailers buy goods from the factory. Manufacturer or wholesaler of many, to be sold to consumers. Pricing, marketing and promotion is the responsibility of retailers, some retailers may be selling to factories. Made in the style of. "Consignment" for the retail portion of the products are made manually. This group has a large number of retailers and small businesses. Current market conditions. U.S. economic conditions now affecting the jewelry market like never before. Although the current price of jewelry products made of precious metals and gems from the middle level. However, the overall consumption remained significantly lower in the circumstances, the more expensive luxury goods market is significantly lower in the circumstances as well. Circumstances, this is the first economic downturn affecting consumers' consumption and extremely high visibility. Retailers have not left a lot of the retailers cut orders. There are reports that the retail jewelry business that many cases. Will reduce the number of trips to visit the trade show accessories. To play an important week to meet social and educational products. I do not intend to purchase at present, unless it was very beautiful and exotic products that are not available in the market, it might consider buying. U.S. economic situation and the current gold market forced retailers to large multi-channel to increase revenues by getting into the business of buying gold from consumers is increasing. Most wholesalers have left as well, so try to sell products using our pricing policy to avoid the substantial price increases. Producers to control the cost of production in order to maintain the price level to rise. The prospect of the market today. Although the overall consumption is reduced, but opportunities still exist because of the market. 1.'s A lot to digest. Opportunities for a wide range of products and a variety of formats. 2. Intakes for use in jewelry, engagement or wedding is still going on at all times. 3. Jewelry, exotic, beautiful look to continue to generate interest among U.S. consumers. 4. Due to the consumption of jewelry varies depending on the level of individual consumers. And markets are divided according to income levels as well. Thus, although the overall economic downturn of the market opportunity and overall consumption is reduced significantly but not completely eliminated. International trade. Trade, import most of the jewelry consumer market in the United States comes from imports during the years 2002 - 2007, import growth since 2008, the import value of the jewelry of the United States began to decline (in 2008, the year in the United States. into a real economic downturn), the U.S. is a major source of supply to India, China, Thailand, Canada and Italy, imported from Thailand. Most of the imports.
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