Manufacture of jewellery and related articles (PKD 32.12.Z)
This subclass includes:
- the processing of pearls,
- the cutting and polishing of precious and semi-precious stones, including industrial diamonds, synthetic and reconstructed precious and semi-precious stones,
- the processing of diamonds,
- the manufacture of jewellery from precious metals or from base metals plated with precious metals or with precious and semi-precious stones, or as a combination of precious metals with precious or semi-precious stones, or with other materials,
- the manufacture of goldsmiths' articles from precious metals or from base metals plated with precious metals, for example:
- tableware, cutlery, vessels, toilet articles, office supplies, objects intended for religious purposes,
- the manufacture of technical or laboratory articles of precious metals (excluding technical and laboratory instruments and apparatus and their parts), for example crucibles, spatulas, galvanic anodes,
- the manufacture of watch straps, bracelets, bands and cigarette cases of precious metals,
- engraving of personal articles made of precious or base metals.
This subclass excludes:
- the manufacture of non-metal watch straps (for example of leather, textile materials, plastics), classified in 15.12.Z,
- the manufacture of articles of base metal plated with silver, gold or platinum, not further worked, classified in 24.41.Z,
- the manufacture of statuettes and other ornaments of base metal coated with precious metal, classified in 25.99.Z,
- the manufacture of watch cases, even if of precious metals, classified in 26.52.Z,
- the manufacture of metal watch straps other than those of precious metals, classified in 32.13.Z,
- the manufacture of imitation jewellery, even if coated with precious metal, classified in 32.13.Z.
- the repair of jewellery, classified in 95.25.Z.
Industry statistics (2025)
Number of companies
Companies
12,741
Companies (primary PKD)
2,424
Companies with financials
167
Business turnover
Legal structure
Legal formShare of companiesNumber of companies
- JDG85.2%2,065
- Sp. z o.o.12.7%308
- Sp. j.0.9%23
- Sp. k.0.5%13
- Foundation0.2%5
- Other0.1%3
- S.A.0.1%2
- Cooperative0.1%2
- P.S.A.0.0%1
- Association0.0%1
Financial results
The calculation excludes new companies that pull financial results down. Only firms with a filing in the previous year are included, so market trends are easier to read.
Median revenue
Ranking
Median revenue compared with other PKD codes.
Top companies by revenue
| # | Company | Legal form | Revenue | Net profit |
|---|---|---|---|---|
| 1 | sp. z o.o. | USD 195.87m | USD 4.66m | |
| 2 | sp. z o.o. | USD 13.28m | USD 1.73m | |
| 3 | sp. k. | USD 7.85m | USD 504.55k | |
| 4 | sp. z o.o. | USD 7.63m | USD 1.48m | |
| 5 | sp. j. | USD 5.55m | USD 834.44k | |
| 6 | sp. j. | USD 5.43m | USD 326.27k | |
| 7 | sp. j. | USD 2.21m | USD 82.81k | |
| 8 | sp. z o.o. | USD 2.06m | USD 30.76k | |
| 9 | sp. z o.o. | USD 1.97m | USD 133.39k | |
| 10 | sp. z o.o. + limited partnership | USD 1.90m | USD 60.25k |
Fastest-growing companies
| # | Company | Legal form | Revenue | Y/Y growth |
|---|---|---|---|---|
| 1 | sp. z o.o. | USD 660.21k | +118.7% y/y | |
| 2 | sp. z o.o. | USD 245.22k | +92.7% y/y | |
| 3 | sp. z o.o. | USD 195.87m | +70.1% y/y | |
| 4 | sp. z o.o. | USD 169.44k | +43.6% y/y | |
| 5 | sp. z o.o. | USD 7.63m | +35.2% y/y | |
| 6 | sp. z o.o. | USD 1.97m | +33.9% y/y | |
| 7 | sp. z o.o. | USD 439.82k | +29.9% y/y | |
| 8 | sp. z o.o. | USD 147.62k | +20.7% y/y | |
| 9 | sp. z o.o. | USD 280.10k | +17.1% y/y | |
| 10 | sp. z o.o. | USD 1.89m | +16.4% y/y |
Stock market
No companies from this industry are listed.
Related PKD codes in division 32
FAQ
The primary industry for 2,424 companies is manufacture of jewellery and related articles. 167 entities have filed financial statements.
So far in 2026, 96 new companies with PKD 32.12.Z have been registered. In all of 2025, there were 170 such companies.
So far in 2026, 20 companies with PKD 32.12.Z have been deregistered. In all of 2025, there were 10 such companies.
In 2025, the median revenue for PKD 32.12.Z was USD 108.35k and the mean revenue was USD 3.29m, based on 80 financial statements. Averages and medians include only companies that file financial statements, excluding sole proprietorships.
Yes, in 2025, the median net profit was USD 5.44k, an improvement on 2024 (USD -157.00). Among all 674 industries in Poland, PKD 32.12.Z ranks 556th, placing it among the weakest 18%.
The most common legal form for PKD 32.12.Z is a sole proprietorship, used by 2,065 companies in this industry (85.2% of the total). In second place is sp. z o.o. (308 companies, 12.7%), and in third place – sp. j. (23 companies, 0.9%).

