Italian jewelry sector shows cautious sentiment at Vicenzaoro 2026

Italian jewelry sector Vicenzaoro September 2026 gold jewelry exports manufacturing investment market sentiment

At the Vicenzaoro September 2026 international jewelry salon, industry leaders expressed a cautious outlook for the Italian gold and jewelry sector due to global economic uncertainty and geopolitical tensions.

According to research presented by Intesa Sanpaolo and Federorafi, approximately 45% of companies expect no revenue growth in 2026, while 35% anticipate stabilization and 21% expect an increase. Despite a 15% decline in total export value and quantity, the sector has shown resilience. Notably, exports to the United States grew by 30% in the first five months of 2026, offsetting concerns regarding previous tariff policies.

Maria Cristina Squarcialupi, president of Confindustria Federorafi, noted that while 45% of entrepreneurs plan to reduce investment in 2026, 55% intend to maintain or increase their spending. Key challenges identified include fluctuating raw material costs and geopolitical instability, though post-pandemic concerns like labor shortages have become less pressing.

Entities

Confindustria Federorafi · Federorafi · Intesa Sanpaolo · Italian Exhibition Group · Maria Cristina Squarcialupi · Stefania Trenti · Vicenzaoro

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] A new 23,000 square meter pavilion has been constructed for the exhibition.
[● 2 SOURCES] The jewelry sector was valued at 10.8 billion euros in 2023, rose to 15 billion in 2024, and settled at 12.4 billion in 2025.
[● 2 SOURCES] The Italian government has recognized critical challenges facing the fashion and jewelry sectors.
[● 2 SOURCES] The Vicenzaoro international jewelry exhibition has approximately 750 strategic buyers present, up from 400 last year.
[● 4 SOURCES] Approximately 45% of companies expect no revenue growth in 2026. notiziedi.it · www.corcianonline.it · lecodellitorale.it
[● 4 SOURCES] Overall Italian jewelry exports saw a 15% decline in both value and quantity. notiziedi.it · www.corcianonline.it · lecodellitorale.it
[● 4 SOURCES] 21% of companies expect an increase in revenue. notiziedi.it · www.corcianonline.it · lecodellitorale.it
[● 4 SOURCES] Exports to the United States market grew by 30% in the first five months of 2026. notiziedi.it · www.corcianonline.it · lecodellitorale.it