South America Jewellery Market Size and YoY Growth (2025-2032)

Growing interest in premium designs, expanding middle-income households, and stronger fashion-led purchasing behaviour are shaping demand across the South America region. The South America jewellery market was valued at USD 21.84 billion in 2025 with a YoY of 3.29%, supported by improving purchasing power and broader access to branded collections. As economic conditions stabilise and digital retail adoption strengthens, the South America jewellery market is estimated to reach USD 22.56 billion in 2026, reflecting increasing preference for quality jewellery and the region’s shift toward value buying, key drivers behind the market’s growth.
From 2027 to 2032, the South America jewellery market is projected to expand consistently as jewellery becomes more prominent in lifestyle expression, cultural gifting, and investment-oriented consumption. Market value is projected to increase from USD 23.32 billion in 2027 to USD 29.18 billion in 2032, with YoY growth moving from 3.38% to 5.95%. These trends highlight how modern retail formats, premiumisation, and rising consumer confidence are strengthening the long-term potential of the South America region in the global jewellery industry.