Eastern Europe: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Eastern Europe

The East European imitation jewellery market contracted remarkably to $X in 2020, waning by -X% against the previous year. Over the period under review, consumption recorded a mild decrease. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Imitation Jewellery Production in Eastern Europe

In value terms, imitation jewellery production fell dramatically to $X in 2020 estimated in export prices. In general, production recorded a perceptible downturn. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Production By Country in Eastern Europe

Poland (X tons) constituted the country with the largest volume of imitation jewellery production, comprising approx. X% of total volume. Moreover, imitation jewellery production in Poland exceeded the figures recorded by the second-largest producer, Moldova (X tons), fourfold. The third position in this ranking was occupied by Lithuania (X tons), with a X% share.

In Poland, imitation jewellery production shrank by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Moldova (+X% per year) and Lithuania (-X% per year).

Imitation Jewellery Exports

Exports in Eastern Europe

In 2020, the amount of imitation jewellery exported in Eastern Europe soared to X tons, increasing by X% against the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2020 and are expected to retain growth in years to come.

In value terms, imitation jewellery exports declined modestly to $X in 2020. Total exports indicated a moderate expansion from 2007 to 2020: its value 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, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. The level of export peaked at $X in 2019, and then reduced in the following year.

Exports by Country

Poland represented the key exporting country with an export of about X tons, which reached X% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with a X% share, followed by Hungary (X%), Lithuania (X%) and Slovakia (X%). Russia (X tons) held a minor share of total exports.

From 2007 to 2020, average annual rates of growth with regard to imitation jewellery exports from Poland stood at +X%. At the same time, Slovakia (+X%), Hungary (+X%), Lithuania (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, the Czech Republic (-X%) illustrated a downward trend over the same period. Poland (+X p.p.), Hungary (+X p.p.), Slovakia (+X p.p.), Lithuania (+X p.p.) and Russia (+X p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Poland ($X) remains the largest imitation jewellery supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, imitation jewellery exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: the Czech Republic (-X% per year) and Lithuania (+X% per year).

Export Prices by Country

In 2020, the imitation jewellery export price in Eastern Europe amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. Over the period under review, export prices hit record highs at $X per ton in 2019, and then reduced remarkably in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Lithuania ($X per ton), while Hungary ($X per ton) was amongst the lowest.

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

Imitation Jewellery Imports

Imports in Eastern Europe

Imitation jewellery imports declined markedly to X tons in 2020, which is down by -X% on the previous year's figure. Over the period under review, imports showed a slight curtailment. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, imitation jewellery imports shrank to $X in 2020. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Poland (X tons) was the key importer of imitation jewellery, constituting X% of total imports. It was distantly followed by Russia (X tons), Hungary (X tons), the Czech Republic (X tons), Ukraine (X tons) and Bulgaria (X tons), together committing a X% share of total imports. Slovakia (X tons) took a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest imitation jewellery importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total imports.

In terms of the main importing countries, Poland recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The imitation jewellery import price in Eastern Europe stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the import price increased by X% y-o-y. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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