Manufacture of jewellery and related articles

NACE code 32.12 covers the manufacture of jewellery and related articles, a vital industry that plays a significant role in the global economy. This sector encompasses the production of a wide range of precious and semi-precious items, from traditional gold and silver jewellery to modern, innovative accessories. The industry's importance lies in its ability to create high-value, often luxury products that cater to the aesthetic and cultural preferences of consumers worldwide.

The manufacture of jewellery and related articles involves a range of specialized production techniques. Artisans and skilled craftspeople utilize methods such as casting, forging, engraving, and stone setting to transform raw materials into intricate, visually appealing final products. The use of advanced technologies, such as computer-aided design (CAD) and computer-aided manufacturing (CAM), has also become increasingly prevalent in the industry, allowing for greater precision and efficiency in the production process.

The primary inputs required for the manufacture of jewellery and related articles include precious and semi-precious metals (e.g., gold, silver, platinum), gemstones, and other decorative materials. Additionally, the industry relies on specialized tools, machinery, and equipment, such as casting molds, polishing machines, and laser welding devices. The availability and quality of these inputs are crucial to the industry's ability to produce high-quality, desirable products.

The primary outputs of the jewellery and related articles manufacturing industry are finished jewellery items, such as rings, necklaces, bracelets, and earrings. These products are often consumed by 47.78 Retail sale of other new goods in specialised stores, which includes jewellery stores and luxury goods retailers. The industry's output may also be used as inputs for 95.25 Repair of watches, clocks and jewellery and 46.48 Wholesale of watches and jewellery.