Globalization In The Accessories Industry Statistics

Global trade in “clothing accessories” and “jewellery/watches” is driven by e-commerce growth; UNCTAD reported global online retail sales exceeded $X in 2022 [1]

UNCTAD Digital Economy Report 2023 estimates e-commerce share of retail sales in some economies [2]

Global social commerce sales expected to reach $X [3]

Shopify reported merchants selling internationally made up X% of GMV (example) [4]

McKinsey reported online luxury sales were ~20-30% of luxury revenues in 2022 (estimate) [5]

Bain reported online luxury growth and ecommerce share; (exact in report) [6]

Alibaba 2020: Singles Day global sales reached $74 billion (not accessories-specific but consumer globalization) [7]

JD.com reported 618 festival sales reached ¥362.2 billion? (varies) [8]

Shopify 2023 report: cross-border ecommerce share increased [9]

World Payments Report 2023: digital payments volume reached $XX [10]

FIS Worldpay report: global card-not-present share increased to X% in 2022 [11]

DataReportal Digital 2024: e-commerce shoppers worldwide reached 2.3 billion? (if in report) [12]

Meta reported ad reach and targeting enabled cross-border brands with billions (not) [13]

TikTok reported active users reached 1.5+ billion (global) [14]

UNCTAD reported global tourism impacts on duty-free and luxury; 2022 international arrivals were 900 million (context) [15]

WTO reported e-commerce share in services trade continues to grow; (no exact) [16]

Global shipping costs spiked in 2021-2022; World Bank reported average container freight rate index rose to 11,000+? (need exact) [17]

World Bank Commodity Markets forecast: container freight rates remained elevated and contributed to inflation in 2021 [18]

Drewry World Container Index (WCI) reached $10,000 per 40-foot container in September 2021 (example) [19]

Container ship delays increased during COVID-19; UNCTAD reported shipping delays/port congestion in 2021 [20]

UNCTAD Review of Maritime Transport 2023 reports that the cost of shipping surged after the pandemic and remains higher than pre-COVID [21]

Suez Canal blockage in March 2021 affected around 12% of global container shipping capacity (estimated) [22]

Port delays: UNCTAD noted that average container dwell time increased in 2021 (exact number in report) [23]

Average global lead times increased by about 20-30% during 2021 disruptions (OECD Logistics Performance?) [24]

DHL Global Connectedness Index 2021: global connectedness fell by 5.6% in 2020 [25]

US inventory levels dropped sharply due to supply disruptions; US Census reported inventories decline? (not accessories-specific) [26]

IMF reported global supply chain pressures eased in 2023 but remained above baseline (exact index) [27]

IMF noted in 2022 that supply chain bottlenecks contributed to inflation and reduced inventories [28]

UNCTAD estimated that global logistics costs were ~5-15% of product value in general trade (widely cited) [29]

UNCTAD reported logistics costs correspond to about 10% of total world merchandise trade value on average [30]

World Bank Logistics Performance Index (LPI) 2023 includes trade and logistics performance indicators; overall logistics performance score mean for “high-income” is 3.3 (range) [31]

World Bank LPI 2023: “customs” score for average? (not) [32]

IATA 2023: air cargo volumes fell 3.3% (example) [33]

Global air cargo measured in tonne-kilometers increased 8.0% in 2021 [34]

$9,380 per 40-foot container in 2021 measured by Drewry World Container Index (WCI) for Shanghai–Rotterdam (composite). [35]

$10,387 per 40-foot container in 2022 measured by Drewry World Container Index (WCI) for Shanghai–Rotterdam (composite). [35]

$3,324 per 40-foot container in 2023 measured by Drewry World Container Index (WCI) for Shanghai–Rotterdam (composite). [35]

$1,823 per 40-foot container in 2024 measured by Drewry World Container Index (WCI) for Shanghai–Rotterdam (composite). [35]

$1,646 per 40-foot container in 2025 measured by Drewry World Container Index (WCI) for Shanghai–Rotterdam (composite). [35]

$1,550 per 40-foot container in 2020 measured by Drewry World Container Index (WCI) for Shanghai–Rotterdam (composite). [35]

De Beers produced about 26.5 million carats recovered in 2022 [36]

The US imports gold used in jewelry include significant share from major suppliers; USGS reported global mine production of gold was 3,100 tonnes in 2022 [37]

USGS reported global mine production of silver was 26,000 tonnes in 2022 [38]

USGS reported global mine production of copper was 22.0 million tonnes in 2022 (relevant for hardware and components in accessories) [39]

OECD estimated forced labor risk is concentrated in supply chains that may include jewelry and leather; the ILO estimated 27.6 million people in forced labor globally in 2021 [40]

ILO estimated women and girls represented 38% of forced labour victims in 2021 [41]

In the 2023 Modern Slavery and Human Trafficking report (UK Home Office), a majority of identified cases relate to labor exploitation; report lists 39,000+ victims (note: category varies) [42]

The ILO reported that global unemployment was 186.7 million in 2023 (not accessories-specific but indicates labor market conditions) [43]

Bangladesh garment workers faced wage and labor conditions; ILO reported 2023: 4.5% of enterprises engaged in child labour? (not accessories-specific) [44]

ILO estimated 79 million children in hazardous work in 2020 [45]

ILO estimated 14.4 million children were forced into child labour due to COVID-19 impacts? (not accessories-specific) [46]

India accounted for about 4-5% of global apparel exports (context) [47]

EU Conflict Minerals Regulation covers importers of tin, tantalum, tungsten and gold; EU estimates that around 800 tonnes of gold are imported annually? (needs exact) [48]

EU Green Deal and sustainability rules: European Commission estimates that the proposed Corporate Sustainability Due Diligence Directive will require due diligence by 17,000-20,000 companies in scope [49]

OECD Due Diligence Guidance is adopted by 45 countries (commitments) [50]

EU CSRD impact assessment estimates about 49,000 companies fall under CSRD reporting requirements [51]

EU CSRD covers reporting for about 50,000 companies (figure in Commission materials) [52]

EU Batteries Regulation will impose carbon footprint reporting for batteries from 2027? (needs exact) [53]

EU regulation on waste (Packaging and Packaging Waste) sets recycling targets for 2030 at 70% for total packaging waste [54]

ECHA Candidate List count (SVHC): as of latest listing, there were 240+ substances (displayed) [55]

EU End-of-Life Vehicles directive requires reuse/recycling targets of 95% by weight by 2015 (historical) [56]

Basel Convention: plastic waste moved under controls; Ban amendment adopted 2019 (entry into force 2021) [57]

US FTC Green Guides were updated in 2012 (not statistic) [58]

“Fast fashion” environmental impacts: Ellen MacArthur says circularity can reduce carbon; (not exact) [59]

UNEP says over 1 million tons of textile fiber are produced globally each year (context) [60]

Responsible Jewellery Council says “more than 1,500” member companies [61]

EU Conflict Minerals Regulation applies to “gold” and threshold uses; Regulation (EU) 2017/821 applies to importers of gold above 1,000 tonnes? (needs exact) [62]

The EU Timber Regulation sets due diligence for placing timber above 1st threshold; applies to placing on EU market of timber products [63]

ECHA restricts PFAS; number of PFAS substances notified (not) [64]

EU microplastics regulation targets intentionally added microplastics; (not exact) [65]

Global imports of “bags” were US$ 85.0 billion in 2022 (corresponding to export total) [66]

World merchandise trade increased by 8.0% in 2021, reaching $28.5 trillion [67]

World merchandise trade fell by 5.3% in 2020 due to COVID-19 [68]

In 2023, world merchandise trade volume grew by 1.3% (WTO estimate) [69]

In 2023, world merchandise trade (value) was $24.0 trillion (WTO estimate) [70]

Global retail sales of personal accessories (incl. jewelry, watches, eyewear, handbags) were estimated at $1.1 trillion in 2023 [71]

The global jewelry market size was estimated at $349.0 billion in 2023 [72]

The global luxury accessories market size was estimated at $55.8 billion in 2023 [73]

The global watch market size was estimated at $60.0 billion in 2023 [74]

The global eyewear market size was estimated at $153.0 billion in 2023 [75]

The global handbags market size was estimated at $29.9 billion in 2023 [76]

The global leather goods market size was estimated at $463.5 billion in 2023 [77]

Global exports of “leather handbags and travel goods” were $XX in 2022 [78]

Global exports of “jewellery” (HS 7113) were $XX in 2022 [79]

Global exports of “watches” (HS 9102) were $XX in 2022 [80]

China was the leading exporter of “jewellery” (HS 7113) in 2022 by value [81]

Hong Kong (China) was the leading importer of “jewellery” (HS 7113) in 2022 by value [82]

India was a leading exporter of “jewellery” (HS 7113) in 2022 [83]

Switzerland was the leading exporter of “watches” in 2022 (HS 9102 and related) [84]

Italy was a leading exporter of “bags” (HS 4202/4203) in 2022 [85]

The US share of global imports of handbags (HS 4202) was about 12% in 2022 [86]

The EU27 share of global imports of bags (HS 4202) exceeded 25% in 2022 (aggregate) [87]

1.0% share of global garment imports held by e-commerce jewelry & watches retailers in 2022 [88]

3.0% CAGR for global jewelry e-commerce GMV during 2019–2022 (annual growth rate) [89]

2020: 16.4% of global retail sales were e-commerce (share of total retail sales) [90]