Report Coverage
This report focuses on the manufacture of jewellery and related articles in South Africa and includes information on precious metal production, beneficiation and jewellery fabrication, exports, notable players, corporate actions, regulation and influencing factors. There are profiles of 19 companies including retailers like American Swiss and Sterns, manufacturers such as Oro Africa, Richline and Uwe Koetter and coin producers including the South African Mint Company and Universal Mint.
The Manufacture of Jewellery and Related Articles in South Africa
South Africa is a significant producer of gold, diamonds and platinum. Despite the country’s wealth of resources, the jewellery manufacturing industry remains small and South Africa has a long history of failing to beneficiate and add value to its raw minerals. Jewellery manufacture and retail sales decreased marginally in 2022, but strong revenue growth is expected in 2023. Although many initiatives have been implemented to encourage competitiveness and to increase beneficiation, growth in this highly regulated industry is hampered by the lack of new entrants, a shortage of skilled labour and challenging trading conditions.
Key Trends
Jewellery demand and sales fluctuate due to various factors such as economic conditions, global market trends, consumer preferences and exchange rates. There is growing demand for sustainably and ethically-sourced materials and traceability and transparency throughout the supply chain. Customers are seeking unique and personalised jewellery pieces and there is increased jewellery spending by fewer but more affluent buyers. There is a growing appreciation for local artisans and craftsmanship.
Africa
While Africa is rich in natural resources, the continent has historically been known for raw material extraction and exports. However, there has been a shift towards value addition and local jewellery manufacturing in recent years. Countries such as South Africa, Botswana, Namibia and Tanzania have established jewellery manufacturing hubs and have attracted investment in this sector. There are many artisanal and small-scale miners on the continent that contribute to the jewellery supply chain. There is growing recognition of African jewellery for its quality, craftsmanship, and unique designs. Jewellery exports rose in 2022, but remain relatively small.
The Manufacture of Jewellery and Related Articles in South Africa
2023
Full Report
R 20 000.00(ZAR) estimated $1055.64 (USD)*
Industry Overview
R 14 000.00(ZAR) estimated $ 738.95 (USD)*
Industry Organogram
R 450.00(ZAR) estimated $ 23.75 (USD)*
Historical Reports
Manufacture of Jewellery and Related Articles Industry in South Africa 2019-05-29
R 1 900.00(ZAR) estimated $100.29 (USD)*
View Report Add to CartManufacture of Jewellery and Related Articles Industry in South Africa 2015-02-09
R 1 900.00(ZAR) estimated $100.29 (USD)*
View Report Add to CartTable of Contents
[ Close ]| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | DESCRIPTION OF THE INDUSTRY | 1 |
| 2.1. | Industry Value Chain | 6 |
| 2.2. | Geographic Position | 8 |
| 2.3. | Size of the Industry | 9 |
| 3. | LOCAL | 16 |
| 3.1. | State of the Industry | 16 |
| 3.2. | Key Trends | 20 |
| 3.3. | Key Issues | 20 |
| 3.4. | Notable Players | 21 |
| 3.5. | Trade | 23 |
| 3.6. | Corporate Actions | 28 |
| 3.7. | Regulations | 29 |
| 3.8. | Enterprise Development and Social Development | 32 |
| 4. | AFRICA | 34 |
| 5. | INTERNATIONAL | 38 |
| 6. | INFLUENCING FACTORS | 44 |
| 6.1. | Unforeseen Events | 44 |
| 6.2. | Economic Environment | 45 |
| 6.3. | Labour | 46 |
| 6.4. | Crime | 48 |
| 6.5. | Illegal Mining and Illicit Dealing in Precious Metals and Diamonds | 48 |
| 6.6. | Infrastructure | 49 |
| 6.7. | Cyclicality | 49 |
| 6.8. | Environmental Issues | 49 |
| 6.9. | Technology, R&D, Innovation | 50 |
| 6.10. | Government Support and Initiatives | 51 |
| 6.11. | Input Costs | 52 |
| 7. | COMPETITIVE ENVIRONMENT | 52 |
| 7.1. | Competition | 52 |
| 7.2. | Ownership Structure of the Industry | 53 |
| 7.3. | Barriers to Entry | 54 |
| 8. | INDUSTRY SUMMARY | 54 |
| 9. | OUTLOOK | 55 |
| 10. | INDUSTRY ASSOCIATIONS | 56 |
| 11. | REFERENCES | 57 |
| 11.1. | Publications | 57 |
| 11.2. | Websites | 57 |
| APPENDIX 1 | 59 | |
| Summary of Notable Players | 59 | |
| COMPANY PROFILES | 63 | |
| ANPA Jewels CC | 63 | |
| Big Six Statement Solution (Pty) Ltd | 64 | |
| Browns The Diamond Store (Pty) Ltd | 66 | |
| Cape Mint (Pty) Ltd (The) | 68 | |
| Daberon Manufacturers (Pty) Ltd | 69 | |
| De Beers Consolidated Mines (Pty) Ltd | 70 | |
| Foschini Group Ltd (The) | 73 | |
| Gold Reef City Mint (Pty) Ltd | 78 | |
| Granadilla Advisory (Pty) Ltd | 80 | |
| Jenna Clifford Designs (Pty) Ltd | 81 | |
| Metal Concentrators SA (Pty) Ltd | 83 | |
| Oro Africa (Pty) Ltd | 85 | |
| Rand Refinery (Pty) Ltd | 87 | |
| Richline SA (Pty) Ltd | 90 | |
| Shimansky Collection (Pty) Ltd | 91 | |
| South African Mint Company (RF) (Pty) Ltd | 93 | |
| Studio C Manufacturing Jewellers (Pty) Ltd | 95 | |
| Universal Mint South Africa (Pty) Ltd | 97 | |
| Uwe Koetter CC | 98 |
