Central Asia: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Central Asia

The Central Asian imitation jewellery market fell remarkably to $X in 2020, shrinking by -X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The level of consumption peaked at $X in 2019, and then reduced markedly in the following year.

Imitation Jewellery Production in Central Asia

In value terms, imitation jewellery production dropped remarkably to $X in 2020 estimated in export prices. Overall, production recorded a sharp contraction. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in Central Asia

The country with the largest volume of imitation jewellery production was Kazakhstan (X kg), accounting for X% of total volume.

In Kazakhstan, imitation jewellery production contracted by an average annual rate of -X% over the period from 2007-2020.

Imitation Jewellery Exports

Exports in Central Asia

Imitation jewellery exports soared to X tons in 2020, rising by X% against 2019. Over the period under review, exports saw a prominent expansion. Over the period under review, exports hit record highs at X tons in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, imitation jewellery exports skyrocketed to $X in 2020. In general, exports posted a perceptible expansion. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) prevails in imitation jewellery exports structure, together constituting X% of total exports. It was distantly followed by Kyrgyzstan (X kg), committing an X% share of total exports. The following exporters - Turkmenistan (X kg), Mongolia (X kg) and Tajikistan (X kg) - together made up X% of total exports.

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

In value terms, Kazakhstan ($X) remains the largest imitation jewellery supplier in Central Asia, comprising X% of total exports. The second position in the ranking was occupied by Uzbekistan ($X), with a X% share of total exports. It was followed by Kyrgyzstan, with a X% share.

In Kazakhstan, imitation jewellery exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Uzbekistan (+X% per year) and Kyrgyzstan (+X% per year).

Export Prices by Country

The imitation jewellery export price in Central Asia stood at $X per ton in 2020, waning by -X% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. The level of export peaked at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mongolia, while the other leaders experienced a decline in the export price figures.

Imitation Jewellery Imports

Imports in Central Asia

Imitation jewellery imports declined significantly to X tons in 2020, falling by -X% on the year before. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The volume of import peaked at X tons in 2019, and then reduced notably in the following year.

In value terms, imitation jewellery imports declined sharply to $X in 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Kazakhstan (X tons) represented the key importer of imitation jewellery, mixing up X% of total imports. It was distantly followed by Kyrgyzstan (X tons) and Uzbekistan (X tons), together comprising a X% share of total imports. Tajikistan (X tons) and Mongolia (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +X% from 2007 to 2020. At the same time, Tajikistan (+X%), Uzbekistan (+X%), Kyrgyzstan (+X%) and Mongolia (+X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of Kazakhstan, Tajikistan and Uzbekistan increased by +X%, +X% and +X% percentage points, while Kyrgyzstan (-X p.p.) and Mongolia (-X p.p.) saw their share reduced.

In value terms, Kazakhstan ($X) constitutes the largest market for imported imitation jewellery in Central Asia, comprising X% of total imports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Kazakhstan amounted to -X%. In the other countries, the average annual rates were as follows: Mongolia (+X% per year) and Kyrgyzstan (+X% per year).

Import Prices by Country

In 2020, the imitation jewellery import price in Central Asia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. Over the period under review, import prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Mongolia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :