Angola: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Angola

In 2020, after two years of growth, there was decline in the Angolan imitation jewellery market, when its value decreased by -X% to $X. Over the period under review, consumption enjoyed a strong increase. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Imitation jewellery consumption peaked at $X in 2010; however, from 2011 to 2020, consumption stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Angola

In 2020, imitation jewellery exports from Angola skyrocketed to X kg, growing by X% against 2019 figures. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, imitation jewellery exports soared to $X in 2020. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in years to come.

Exports by Country

Portugal (X kg), South Africa (X kg) and Sao Tome and Principe (X kg) were the main destinations of imitation jewellery exports from Angola, together comprising X% of total exports. Canada and Belgium lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada, while exports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the key foreign market for imitation jewellery exports from Angola, comprising X% of total exports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2020, the average annual growth rate of value to South Africa stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+X% per year) and Canada (+X% per year).

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, falling by -X% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The export price peaked at $X per ton in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was South Africa ($X per ton), while the average price for exports to Sao Tome and Principe ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced mixed trend patterns.

Imitation Jewellery Imports

Imports into Angola

For the third year in a row, Angola recorded growth in supplies from abroad of imitation jewellery, which increased by X% to X tons in 2020. Over the period under review, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports declined sharply to $X in 2020. Overall, imports saw strong growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) was the main imitation jewellery supplier to Angola, with a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of imitation jewellery to Angola, comprising X% of total imports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%.

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Portugal ($X per ton), while the price for China amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

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