Global Imitation Jewellery Market 2022

Imitation Jewellery Market Size

In 2020, the global imitation jewellery market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. In general, consumption recorded a slight reduction. The pace of growth appeared the most rapid in 2013 when the market value increased by X% against the previous year. Global consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Imitation Jewellery Production

In value terms, imitation jewellery production expanded significantly to $X in 2020 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2014 to 2020, global production growth failed to regain the momentum.

Production By Country

The countries with the highest volumes of imitation jewellery production in 2020 were China (X tons), the United States (X tons) and India (X tons), with a combined X% share of global production. These countries were followed by Indonesia, Mexico, Hong Kong SAR and Italy, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of imitation jewellery production, amongst the leading producing countries, was attained by Mexico, while imitation jewellery production for the other global leaders experienced more modest paces of growth.

Imitation Jewellery Exports

Exports

In 2020, the amount of imitation jewellery exported worldwide skyrocketed to X tons, with an increase of X% compared with the year before. Over the period under review, total exports indicated modest growth from 2007 to 2020: its volume 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. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, imitation jewellery exports reduced rapidly to $X in 2020. Overall, exports recorded a slight downturn. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, global exports hit record highs at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

China prevails in imitation jewellery exports structure, accounting for X tons, which was near X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X tons), generating a X% share of total exports. India (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the imitation jewellery exports, with a CAGR of +X% from 2007 to 2020. India (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global exports, while India and Hong Kong SAR saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

In value terms, China ($X) remains the largest imitation jewellery supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of global exports.

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (-X% per year) and India (-X% per year).

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

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

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

Imitation Jewellery Imports

Imports

In 2020, supplies from abroad of imitation jewellery decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. As a result, imports reached the peak of X tons. from 2019 to 2020, the growth of global imports remained at a lower figure.

In value terms, imitation jewellery imports fell dramatically to $X in 2020. In general, imports recorded a mild contraction. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Global imports peaked at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Pakistan (X tons), distantly followed by the United States (X tons) represented the key importers of imitation jewellery, together generating X% of total imports. Italy (X tons), France (X tons), the UK (X tons), Japan (X tons), Germany (X tons), Hong Kong SAR (X tons), Singapore (X tons), Thailand (X tons), Malaysia (X tons), Indonesia (X tons) and India (X tons) took a little share of total imports.

Pakistan was also the fastest-growing in terms of the imitation jewellery imports, with a CAGR of +X% from 2007 to 2020. At the same time, Malaysia (+X%), India (+X%), Singapore (+X%), Thailand (+X%) and Japan (+X%) displayed positive paces of growth. Indonesia experienced a relatively flat trend pattern. By contrast, Italy (-X%), France (-X%), the United States (-X%), the UK (-X%), Germany (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Pakistan (+X p.p.), Singapore (+X p.p.), Malaysia (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the global imports from 2007-2020, the share of the UK (-X p.p.), Germany (-X p.p.), the United States (-X p.p.) and Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest imitation jewellery importing markets worldwide were the United States ($X), France ($X) and Germany ($X), with a combined X% share of global imports. The UK, Japan, Hong Kong SAR, Italy, Singapore, Thailand, Malaysia, Indonesia, India and Pakistan lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, dropping by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% y-o-y. Global import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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