Czech Republic: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in the Czech Republic

The Czech imitation jewellery market fell notably to $X in 2020, reducing by -X% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2018 to 2020, the growth of the market failed to regain the momentum.

Imitation Jewellery Production in the Czech Republic

In value terms, imitation jewellery production shrank notably to $X in 2020 estimated in export prices. Overall, production recorded a abrupt downturn. The growth pace was the most rapid in 2017 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from the Czech Republic

In 2020, imitation jewellery exports from the Czech Republic declined rapidly to X tons, reducing by -X% compared with the previous year. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, imitation jewellery exports reduced sharply to $X in 2020. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Slovakia (X tons) and the United States (X tons) were the main destinations of imitation jewellery exports from the Czech Republic, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia, while exports for the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for imitation jewellery exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Italy (-X% per year).

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, surging by X% against the previous year. Overall, export price indicated a measured expansion from 2007 to 2020: its price 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. Based on 2020 figures, imitation jewellery export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per ton), while the average price for exports to Slovakia ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into the Czech Republic

For the third year in a row, the Czech Republic recorded decline in purchases abroad of imitation jewellery, which decreased by -X% to X tons in 2020. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X tons. from 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, imitation jewellery imports fell sharply to $X in 2020. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports remained at a lower figure.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of imitation jewellery imports to the Czech Republic, together accounting for X% of total imports. The Netherlands, Austria, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in the Netherlands, while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Austria (+X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, increasing by X% against the previous year. Overall, import price indicated measured growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imitation jewellery import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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