China - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJewelry Prices in China
China Jewelry Export Price in September 2022
In September 2022, the jewelry price stood at $22.0K per kg (FOB, China), with an increase of 42% against the previous month. Over the period under review, the export price recorded a resilient increase. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 291% month-to-month. The export price peaked at $25.3K per kg in June 2022; afterwards, it flattened through to September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($74.8K per kg), while the average price for exports to Kazakhstan ($52.2 per kg) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
China Jewelry Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was non-silver precious metal jewelry ($116K per kg), while the average price for exports of articles of goldsmiths’ wares of base metal clad with precious metal ($50.1 per kg) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: precious metal-clad jewelry of base metals (+9.3%), while the prices for the other products experienced more modest paces of growth.
China Jewelry Exports
In September 2022, overseas shipments of jewelry increased by 15% to 82 tons, rising for the third month in a row after three months of decline. Overall, exports, however, showed a perceptible downturn. The growth pace was the most rapid in March 2022 when exports increased by 704% against the previous month. As a result, the exports reached the peak of 250 tons. From April 2022 to September 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, jewelry exports soared to $1.8B (IndexBox estimates) in September 2022. Over the period under review, exports posted a strong expansion. The pace of growth was the most pronounced in March 2022 when exports increased by 179% m-o-m. The exports peaked in September 2022.
China Jewelry Exports by Type
Silver jewelry (58 tons) was the largest type of jewelry exported from China, with a 71% share of total exports. Moreover, silver jewelry exceeded the volume of the second product type, non-silver precious metal jewelry (15 tons), fourfold. The third position in this ranking was taken by articles of goldsmiths’ or silversmiths’ wares of silver (5 tons), with a 6.1% share.
From January 2022 to September 2022, the average monthly growth rate of the volume of export of silver jewelry amounted to -3.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: non-silver precious metal jewelry (+3.6% per month) and articles of goldsmiths’ or silversmiths’ wares of silver (-1.0% per month).
In value terms, non-silver precious metal jewelry ($1.7B) remains the largest type of jewelry exported from China, comprising 94% of total exports. The second position in the ranking was held by silver jewelry ($85M), with a 4.7% share of total exports. It was followed by articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver, with a 0.9% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of non-silver precious metal jewelry stood at +8.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: silver jewelry (-0.9% per month) and articles of goldsmiths’ or silversmiths’ wares of precious metals other than silver (-2.2% per month).
China Jewelry Exports by Country
The United States (33 tons), Hong Kong SAR (18 tons) and the Netherlands (3.7 tons) were the main destinations of jewelry exports from China, with a combined 66% share of total exports. Germany, the UK, Kazakhstan, Italy, Turkey and Russia lagged somewhat behind, together comprising a further 13%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +103.0%), while the other leaders experienced more modest paces of growth.
In value terms, Hong Kong SAR ($1.3B) remains the key foreign market for jewelry exports from China, comprising 75% of total exports. The second position in the ranking was taken by the United States ($231M), with a 13% share of total exports. It was followed by Italy, with a 0.6% share.
From January 2022 to September 2022, the average monthly growth rate of value to Hong Kong SAR amounted to +8.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (+7.8% per month) and Italy (-19.9% per month).
This report provides an in-depth analysis of the jewelry market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
- Prodcom 32121351 - Articles of goldsmiths
- Prodcom 32121353 - Articles of goldsmiths
- Prodcom 32121355 - Articles of goldsmiths
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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