As of the end of July 2026, there were 7,865 businesses and entrepreneurs operating in the jewelry sector in Ukraine, 84% of which are registered as sole proprietors, according to data from the Unified State Register analyzed by Opendatabot. The study was published on August 17, 2026.
In total, there are 6,583 sole proprietors and 1,282 companies operating in the market, engaged in the production and sale of jewelry, as well as the repair of jewelry and watches.
However, the trends in these two segments differ significantly. The number of legal entities in the jewelry industry has been growing for five consecutive years, including after the start of the full-scale war. By the end of 2025, 54 more jewelry companies were registered than ceased operations.
Among sole proprietors, the situation is less stable. In 2021–2022, the number of closures exceeded the number of registrations by 498. In 2023, the segment returned to growth, and in 2024, the net increase reached a record 611 entrepreneurs. However, by 2025, the trend had shifted again—there were 169 more sole proprietorships that ceased operations than new ones.
Kyiv remains the main hub of the jewelry business, with 1,365 registered manufacturers, retailers, and other industry participants.
In second place is the Zaporizhzhia region with 679 enterprises, followed by the Kyiv region with 585, the Kharkiv region with 548, and the Dnipropetrovsk region with 484.
Thus, despite the dominance of small businesses, the structure of Ukraine’s jewelry market is gradually changing: the number of sole proprietorships is declining, while the number of companies continues to grow.
entrepreneur, jewelry business, KYIV, Sole proprietorship, UKRAINE
