INHORGENTA Navigates Jewellery Market Amidst Economic Headwinds

INHORGENTA, a premier European trade exhibition for jewellery, successfully convened in Munich from February 20-23, 2026, despite a challenging economic climate marked by escalating precious metal prices and ongoing global political instability. The event demonstrated resilience, drawing significant attendance and focusing on the core theme of craftsmanship.

A central feature of this year's INHORGENTA was the celebration of craftsmanship, with dedicated zones showcasing skilled artisans from various nations diligently working at their benches. Exhibition Director Stefanie Maendlein expressed satisfaction with visitor numbers, anticipating a steady turnout of approximately 25,000 attendees, including a notable increase in international participants. Leading exhibitors hailed from Germany, Italy, India, and China, reflecting the fair's global reach.

Industry expert Guido Grohmann observed that while the surge in precious metal prices and geopolitical tensions since 2022 had exerted pressure on the mid-range segment of Germany's domestic jewellery market, the high-end sector remained robust, largely due to gold's perceived stability as a value reserve. The more accessible end of the market also showed consistency, albeit experiencing some effects from rising silver prices. The fair featured numerous panel discussions, including a session on February 21, 2026, where experts discussed the implications of volatile precious metal costs on jewellery production. The panel featured representatives from German jewellery manufacturer Niessing, Metals Focus, and PureJewels, and was moderated by Jewellery Outlook Editor David Brough.

In times of economic uncertainty, the jewellery industry, particularly its luxury segment, proves its enduring appeal as a tangible asset and a symbol of lasting value. Events like INHORGENTA play a crucial role in fostering innovation, promoting skilled artistry, and uniting the global jewellery community, showcasing the sector's adaptability and creative spirit.