Jewelry spending in Saudi Arabia hits record SAR 13.68bn in H1 2026
Jewelry purchases in Saudi Arabia reached a record SAR 13.68 billion via point-of-sale transactions in the first half of 2026, central bank data shows.
Key Takeaways
AIJewelry spending in Saudi Arabia continued to reach record levels in 2026, with total point-of-sale transactions amounting to SAR 13.68 billion in the first half of the year, according to data from the Saudi Central Bank.
The data showed that consumer spending on jewelry rose to SAR 6.22 billion in the second quarter, marking a 40% year-on-year increase compared to the same period last year.
Although spending declined compared to the first quarter, the second quarter recorded the second-highest quarterly level on record, following SAR 7.46 billion spent in the first quarter of 2026.
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For the first half overall, jewelry spending rose by 44% year-on-year to reach SAR 13.68 billion, continuing the sector's growth through point-of-sale transactions.