Jewellery and other articles of precious metal or of metal clad with precious metal; articles of natural or cultured pearls or precious or semi-precious stones (natural, synthetic or reconstructed)

CPC v2.1 Code: 3824

About jewellery and other articles of precious metal or of metal clad with precious metal; articles of natural or cultured pearls or precious or semi-precious stones (natural, synthetic or reconstructed)

cpc code 3824 encompasses a diverse range of luxury goods, including jewellery, precious metal articles, and items made from natural or cultured pearls, as well as precious and semi-precious stones. This industry plays a significant role in the global economy, catering to the demand for high-end, exclusive products that are often seen as symbols of wealth, status, and personal expression. The production and trade of these goods are closely tied to the broader luxury goods market, which has experienced steady growth in recent years, driven by the rising affluence of consumers, particularly in emerging markets.

Production process

The production of goods under cpc code 3824 typically involves a range of specialized techniques, depending on the specific item being manufactured. Jewellery, for example, may be crafted using traditional metalsmithing methods, such as casting, forging, and setting stones. Articles made from precious metals may be produced through processes like stamping, engraving, and polishing. The creation of items featuring natural or cultured pearls and precious or semi-precious stones often requires the expertise of skilled artisans, who carefully select, cut, and assemble the materials to achieve the desired aesthetic and quality.

Production inputs

The main inputs required for the production of goods under cpc code 3824 include precious metals (such as gold, silver, and platinum), natural and cultured pearls, and a variety of precious and semi-precious stones (e.g., diamonds, rubies, sapphires, and emeralds). Additionally, specialized tools and equipment, such as jewellery-making tools, casting molds, and polishing machines, are essential for the manufacturing process. Skilled labor, including designers, goldsmiths, and gemologists, is also a critical input for this industry.

Production outputs

The primary outputs of the industry covered by cpc code 3824 are a wide range of luxury goods, including 3821 Jewellery, 3822 Goldsmiths' or silversmiths' wares, and 3823 (Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)). These products are often consumed by individuals and households seeking high-end, exclusive items for personal adornment, gift-giving, or investment purposes. The outputs of this industry may also be used as inputs for other luxury goods industries, such as 3825 Watches and clocks.

Family tree for jewellery and other articles of precious metal or of metal clad with precious metal; articles of natural or cultured pearls or precious or semi-precious stones (natural, synthetic or reconstructed)

    graph LR
    A["<a href='/classifications/cpc/v2-1/3'>3: Other transportable goods, except metal products, machinery and equipment</a>"]
A --> B["<a href='/classifications/cpc/v2-1/38'>38: Furniture; other transportable goods n.e.c.</a>"]
B --> C["<a href='/classifications/cpc/v2-1/382'>382: Jewellery and related articles</a>"]
C --> D["<a href='/classifications/cpc/v2-1/3824'>3824: Jewellery and other articles of precious metal or of metal clad with precious metal; articles of natural or cultured pearls or precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]

    C --> E["<a href='/classifications/cpc/v2-1/3821'>3821: Pearls, natural or cultured and unworked</a>"]
C --> F["<a href='/classifications/cpc/v2-1/3822'>3822: Cultured pearls, precious or semi-precious stones, and synthetic or reconstructed precious or semi-precious stones (except industrial diamonds and piezo-electric quartz), worked (except simply sawn, cleaved, bruted or roughly shaped), but not strung, mounted or set</a>"]
C --> G["<a href='/classifications/cpc/v2-1/3823'>3823: Industrial diamonds, worked; dust and powder of natural or synthetic precious or semi-precious stones</a>"]
C --> H["<a href='/classifications/cpc/v2-1/3825'>3825: Coin</a>"]

    D --> I["<a href='/classifications/cpc/v2-1/38240'>38240: Jewellery and other articles of precious metal or of metal clad with precious metal; articles of natural or cultured pearls or precious or semi-precious stones (natural, synthetic or reconstructed)</a>"]


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