Chile: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Chile

The Chilean imitation jewellery market shrank rapidly to $X in 2020, falling by -X% against the previous year. In general, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. from 2015 to 2020, the growth of the market remained at a lower figure.

Imitation Jewellery Production in Chile

In value terms, imitation jewellery production expanded markedly to $X in 2020 estimated in export prices. Over the period under review, production posted a strong increase. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% y-o-y. Imitation jewellery production peaked at $X in 2013; however, from 2014 to 2020, production failed to regain the momentum.

Imitation Jewellery Exports

Exports from Chile

In 2020, approx. X tons of imitation jewellery were exported from Chile; shrinking by -X% on the previous year's figure. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports declined significantly to $X in 2020. Overall, exports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X tons) was the main destination for imitation jewellery exports from Chile, with a X% share of total exports. Moreover, imitation jewellery exports to Paraguay exceeded the volume sent to the second major destination, Bolivia (X kg), more than tenfold. The United States (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Paraguay amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+X% per year) and the United States (-X% per year).

In value terms, the largest markets for imitation jewellery exported from Chile were Paraguay ($X), Bolivia ($X) and the United States ($X), together comprising X% of total exports.

Among the main countries of destination, Paraguay (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, dropping by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per ton. from 2016 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Bolivia ($X per ton), while the average price for exports to Paraguay ($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 Bolivia, while the prices for the other major destinations experienced a decline.

Imitation Jewellery Imports

Imports into Chile

In 2020, the amount of imitation jewellery imported into Chile dropped sharply to X tons, declining by -X% on the previous year. Over the period under review, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, imitation jewellery imports shrank markedly to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest imitation jewellery supplier to Chile, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was occupied by Turkey (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Turkey (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Colombia (+X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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