Watch and jewelry retail sales turnover in the United Kingdom (UK) 2008-2017

This statistic shows the total annual turnover of the retail sale of jewelry, silverware and plates, watches and clocks in the United Kingdom (UK) from 2008 to 2017. Over this period the retail turnover of such products increased steadily from 5 billion British pounds in 2008 to 10.5 billion in 2016. This is a very large increase of turnover in the short eight year period. There has however been a decline in the number of stores, with a decrease of over 400 stores in the United Kingdom (UK) from 2008 to 2014.
Jewelry and watches are not just gifts, many people within the United Kingdom buy items for personal use. Even though the number has declined since 2006, 14.3 percent of people will buy hand crafted items such as jewelry and pottery in 2016. The main reason for individual purchases? Because the consumer likes the item. However the majority of consumers do not spend too much money on such purchases, with only 3.1 percent of people spending more than 1,000 British pounds on an item.

Turnover from retail sale of jewelry, silverware, watches and clocks in the United Kingdom (UK) from 2008 to 2017

Turnover in million GBP
20178,031
201610,519
20157,659
20147,449
20136,340
20126,626
20116,235
20106,045
20095,693
20085,091
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

May 2019

Region

United Kingdom

Survey time period

2008 to 2017

Supplementary notes

The Annual Business Survey uses a sample of data from 62,000 businesses in the Non-Financial Economy in Great Britain and 11,000 in Northern Ireland to draw estimate totals for the whole business population.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Jewelry in the UK"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.