Africa: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Africa

After three years of growth, the African imitation jewellery market decreased by -X% to $X in 2020. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Production in Africa

In value terms, imitation jewellery production dropped modestly to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% year-to-year. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in Africa

The countries with the highest volumes of imitation jewellery production in 2020 were Burundi (X tons) and Central African Republic (X tons).

From 2007 to 2020, the biggest increases were in Burundi.

Imitation Jewellery Exports

Exports in Africa

In 2020, the amount of imitation jewellery exported in Africa declined notably to X tons, which is down by -X% compared with 2019. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. As a result, exports attained the peak of X tons. from 2011 to 2020, the growth exports remained at a lower figure.

In value terms, imitation jewellery exports dropped significantly to $X in 2020. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, South Africa (X tons) represented the main exporter of imitation jewellery, generating X% of total exports. Kenya (X tons) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%), Madagascar (X%), Tunisia (X%) and Egypt (X%). Morocco (X tons) occupied a relatively small share of total exports.

Exports from South Africa decreased at an average annual rate of -X% from 2007 to 2020. At the same time, Madagascar (+X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2020. Nigeria and Kenya experienced a relatively flat trend pattern. By contrast, Morocco (-X%), Tunisia (-X%) and Egypt (-X%) illustrated a downward trend over the same period. While the share of Kenya (+X p.p.), Madagascar (+X p.p.) and Nigeria (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Morocco (-X p.p.), Tunisia (-X p.p.) and Egypt (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Kenya ($X) and Tunisia ($X) constituted the countries with the highest levels of exports in 2020, together comprising X% of total exports. Madagascar, Morocco, Egypt and Nigeria lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The imitation jewellery export price in Africa stood at $X per ton in 2020, which is down by -X% against the previous year. In general, the export price recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2014 to 2020, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Tunisia ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced more modest paces of growth.

Imitation Jewellery Imports

Imports in Africa

In 2020, the amount of imitation jewellery imported in Africa fell dramatically to X tons, dropping by -X% on the previous year's figure. Total imports indicated pronounced growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X% year-to-year. The volume of import peaked at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports shrank dramatically to $X in 2020. Overall, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Egypt (X tons) and South Africa (X tons) were the largest importers of imitation jewellery in Africa, together creating X% of total imports. Ghana (X tons) held the next position in the ranking, followed by Mali (X tons). All these countries together occupied near X% share of total imports. Sudan (X tons), Nigeria (X tons), Cote d'Ivoire (X tons), Algeria (X tons), Tanzania (X tons), Angola (X tons), Morocco (X tons), Ethiopia (X tons) and Uganda (X tons) took a minor share of total imports.

From 2007 to 2020, the biggest increases were in Mali, while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported imitation jewellery in Africa, comprising X% of total imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

In South Africa, imitation jewellery imports shrank by an average annual rate of -X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Algeria (+X% per year).

Import Prices by Country

In 2020, the imitation jewellery import price in Africa amounted to $X per ton, waning by -X% against the previous year. Overall, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Morocco ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Algeria, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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