It is quite feasible to ship wholesale custom jewelry internationally as a business in order to reach an expanded customer base. According to the World Trade Organization statistics, annual growth in global trade related to jewelry and precious metals stood at 3.5% over the past five years, which indicates that demand for international shipment keeps on growing. International shipping cost of jewels normally depends on the weight, size of the packet, and also depends on the mode of delivery; it might differ. It ranges, for example, from $20 to $50 for a small package that weighs less than 1kg.
Companies such as FedEx and DHL will assist in this matter by providing a range of international shipping services specific to jewelry businesses, including insured and secure delivery. Most wholesale custom jewelry suppliers have connections with large international shipping companies for better, faster service. These companies can deliver custom pieces across more than a single country, depending on the region, within three to seven days. Furthermore, customs duties and import taxes may be added to the final price, which can vary greatly from one country to another.
For example, the United States, in 2020, put a 25% tariff on certain imported goods, which included some jewelry items originating from other countries. Thus, retailers in America had to increase their prices to keep their margins intact. “International shipping can be a game changer for jewelry resellers,” said industry expert Rachel Williams, “but understanding the cost structure, including tariffs and fees, is crucial to maintaining competitiveness.”
The export regulations on the shipping of precious metals and gemstones are also something the businesses offering wholesale custom jewellery to international customers must keep in mind. For example, countries like the UK have very tight controls on importing and exporting materials such as diamonds. This can add complexity to shipping processes. According to the Jewelers Vigilance Committee, customs compliance is one of the major international shipping challenges a jewelry business faces.
Indeed, international shipping of wholesale customized jewelry has been a lucrative business for most organizations, bearing in mind how the sales of jewelry online grew to $16 billion in the U.S. alone in 2021. This is due to big demand for unique and personalized pieces. Therefore, retailers who can offer this option are often better positioned to capitalize on these opportunities. Wholesale Custom Jewelry provides interested businesses with wholesale options for custom jewelry at various levels.