Market Forecast By Product (Necklace, Ring, Earrings, Bracelet, Others), By Material (Gold, Platinum, Diamond, Others) And Competitive Landscape
| Product Code: ETC4950120 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Afghanistan Jewellery market currently, in 2023, has witnessed an HHI of 7370, Which has decreased slightly as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
According to 6Wresearch internal database and industry insights,
Below is the evaluation of the year-wise growth rate along with key drivers:
| Years | Estimated Annual Growth (%) | Growth Drivers |
| 2021 | 5.3 | Increased demand for luxury and traditional jewellery |
| 2022 | 5.8 | Rising consumer spending and growing middle-class income |
| 2023 | 6.2 | Surge in wedding and festival-related jewellery purchases |
| 2024 | 6.7 | Expansion of e-commerce platforms for jewellery sales |
| 2025 | 7.1 | Growing interest in customized and bespoke jewellery pieces |
The Afghanistan Jewellery Market report thoroughly covers the market by Product and Material. It provides an unbiased and detailed analysis of ongoing market trends, opportunities/high-growth areas, and market drivers that will help stakeholders devise and align strategies according to current and future market dynamics.
| Report Name | Afghanistan Jewellery Market |
| Forecast period | 2026-2032 |
| CAGR | 9.1% |
| Growing Sector | Luxury Goods |
The Afghanistan Jewellery Industry is expected to grow at a healthy rate, supported by increasing consumer spending, a growing interest in jewellery among young consumers, and the rise of e-commerce platforms. Additionally, the demand for both traditional and modern jewellery designs is surging due to rising wedding and festive celebrations. More People are exploring their interest in luxury jewellery, particularly gold and diamonds, which continues to push the sector forward.
Below are some prominent drivers and their influence on the Afghanistan Jewellery Market dynamics:
| Drivers | Primary Segments Affected | Why it Matters (Evidence) |
| Rising Consumer Demand | By Product | As consumer spending rises, more people are buying luxury jewellery. |
| Growing Middle-Class Income | By Material | With higher incomes, the middle class is buying more gold, diamond, and platinum jewellery. |
| Wedding and Festival Growth | By Product | Weddings lead to more jewellery purchases, especially necklaces, rings, and earrings. |
| E-Commerce Expansion | By Distribution Channel | Online platforms make it easier for people to shop for different jewellery, including luxury items. |
The Afghanistan Jewellery Market Size is projected to grow at a CAGR of 9.1% during the forecast period (2026–2032). The increasing purchasing power of the middle class, the cultural preference for jewellery in weddings and festivals, and the opening-up of online sales channels are the primary factors that lead to this growth. Furthermore, the surging popularity of custom jewellery and the need for gold and diamonds, which are considered as valuable assets, are also contributing. In addition, the hike in disposable incomes and the consumers growing awareness of high-quality, branded jewellery are the other factors that push up the Afghanistan jewellery market growth.
Below are some major restraints and their influence on the Afghanistan Jewellery Market dynamics:
| Restraints | Primary Segments Affected | What this Means (Evidence) |
| High Prices of Luxury Jewellery | By Product | High prices may limit jewellery purchases to wealthier consumers, reducing overall market reach. |
| Lack of Standardization in Quality | By Material | Without consistent quality control, consumer trust in local jewellery brands may decrease. |
| Import Dependency | By Distribution Channel | Over-reliance on imported jewellery can lead to supply chain vulnerabilities and price fluctuations. |
| Low Awareness of Jewellery Trends | By Product | Consumers may not be aware of the latest trends, limiting their willingness to spend on new designs. |
The Afghanistan Jewellery Market faces several drawbacks, which include the high prices of luxury products that confine customers to a higher-income bracket. Furthermore, the variable quality of the products and the dependency on imported jewellery might hold back local market development. The lack of knowledge about jewellery trends among certain population segments could also be a factor in the diminishing demand for the most creative and expensive styles.
Several key trends are shaping the growth of the Afghanistan Jewellery Market:
Some notable investment opportunities include:
Some leading players operating in the Afghanistan Jewellery Market include:
| Company Name | Tiffany & Co. |
|---|---|
| Established Year | 1837 |
| Headquarters | New York, USA |
| Official Website | Click Here |
Tiffany & Co. is a renowned luxury jewellery brand that specializes in high-end jewellery and precious stones. It is a leading player in the global jewellery market.
| Company Name | Cartier |
|---|---|
| Established Year | 1847 |
| Headquarters | Paris, France |
| Official Website | Click Here |
Cartier is a prestigious French luxury jewellery brand that has been a symbol of craftsmanship and quality in the jewellery market for over 170 years.
| Company Name | Chopard |
|---|---|
| Established Year | 1860 |
| Headquarters | Geneva, Switzerland |
| Official Website | Click Here |
Chopard is known for its luxury watches and fine jewellery, combining artistic designs with exceptional craftsmanship to offer high-end products.
| Company Name | Bulgari |
|---|---|
| Established Year | 1884 |
| Headquarters | Rome, Italy |
| Official Website | Click Here |
Bulgari offers a diverse range of jewellery collections, including high-end, statement pieces made from precious metals, stones, and diamonds.
| Company Name | Harry Winston |
|---|---|
| Established Year | 1932 |
| Headquarters | New York, USA |
| Official Website | Click Here |
Known for its diamond and high jewellery collections, Harry Winston is an iconic brand in the luxury jewellery market with a reputation for excellence.
According to Afghan Government Data, number of regulations have been enacted with the intent of protecting the local jewellery traders and simultaneously ensuring the quality of the products. The Ministry of Commerce and Industry (MoCI) has laid down the rules for the production and distribution of jewellery thus permitting only the genuine and finest materials to be used. Moreover, the Afghanistan National Standards Authority (ANSA) determines the limits of purity and conducting the certification of precious metals.
The Afghanistan Jewellery Market Share is gradually rising and will continue to be sustained by the increasing demand of consumers for luxury, traditional, and custom-made jewellery. The market will also gain from the increasing trend of buying products via e-commerce and online sales. The expanding middle class and the increase in income levels would probably lead to luxury jewellery being more available to a larger portion of the population.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Rashika, Senior Research Analyst, 6Wresearch, Necklaces are the leading category in the Afghanistan Jewellery Market due to their wide use in both traditional and modern designs. Their popularity in weddings, festivals, and other special occasions contributes to the strong demand.
Gold remains the dominant material in Afghanistan's jewellery market. Its cultural significance, durability, and popularity for investments make it the top choice among consumers, particularly in the wedding and festive seasons.
The report offers a comprehensive study of the following market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Afghanistan Jewellery Market Overview |
| 3.1 Afghanistan Country Macro Economic Indicators |
| 3.2 Afghanistan Jewellery Market Revenues & Volume, 2022 & 2032F |
| 3.3 Afghanistan Jewellery Market - Industry Life Cycle |
| 3.4 Afghanistan Jewellery Market - Porter's Five Forces |
| 3.5 Afghanistan Jewellery Market Revenues & Volume Share, By Product, 2022 & 2032F |
| 3.6 Afghanistan Jewellery Market Revenues & Volume Share, By Material, 2022 & 2032F |
| 4 Afghanistan Jewellery Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Afghanistan Jewellery Market Trends |
| 6 Afghanistan Jewellery Market Segmentations |
| 6.1 Afghanistan Jewellery Market, By Product |
| 6.1.1 Overview and Analysis |
| 6.1.2 Afghanistan Jewellery Market Revenues & Volume, By Necklace, 2022-2032F |
| 6.1.3 Afghanistan Jewellery Market Revenues & Volume, By Ring, 2022-2032F |
| 6.1.4 Afghanistan Jewellery Market Revenues & Volume, By Earrings, 2022-2032F |
| 6.1.5 Afghanistan Jewellery Market Revenues & Volume, By Bracelet, 2022-2032F |
| 6.1.6 Afghanistan Jewellery Market Revenues & Volume, By Others, 2022-2032F |
| 6.2 Afghanistan Jewellery Market, By Material |
| 6.2.1 Overview and Analysis |
| 6.2.2 Afghanistan Jewellery Market Revenues & Volume, By Gold, 2022-2032F |
| 6.2.3 Afghanistan Jewellery Market Revenues & Volume, By Platinum, 2022-2032F |
| 6.2.4 Afghanistan Jewellery Market Revenues & Volume, By Diamond, 2022-2032F |
| 6.2.5 Afghanistan Jewellery Market Revenues & Volume, By Others, 2022-2032F |
| 7 Afghanistan Jewellery Market Import-Export Trade Statistics |
| 7.1 Afghanistan Jewellery Market Export to Major Countries |
| 7.2 Afghanistan Jewellery Market Imports from Major Countries |
| 8 Afghanistan Jewellery Market Key Performance Indicators |
| 9 Afghanistan Jewellery Market - Opportunity Assessment |
| 9.1 Afghanistan Jewellery Market Opportunity Assessment, By Product, 2022 & 2032F |
| 9.2 Afghanistan Jewellery Market Opportunity Assessment, By Material, 2022 & 2032F |
| 10 Afghanistan Jewellery Market - Competitive Landscape |
| 10.1 Afghanistan Jewellery Market Revenue Share, By Companies, 2022 & 2032F |
| 10.2 Afghanistan Jewellery Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |