Report Update Nov 1, 2024

Hong Kong SAR, China - Imitation Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Imitation Jewellery Market 2024

Imitation Jewellery Market Size in Hong Kong SAR, China

In 2021, the Hong Kong imitation jewellery market increased by 149% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a moderate increase. Imitation jewellery consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Imitation Jewellery Production in Hong Kong SAR, China

In value terms, imitation jewellery production reached $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 37%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Hong Kong SAR, China

In 2021, the amount of imitation jewelry exported from Hong Kong SAR dropped to X tons, which is down by -5.9% on 2020 figures. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when exports increased by 9.2% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, imitation jewellery exports surged to $X in 2021. In general, exports saw a perceptible setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for imitation jewellery exports from Hong Kong SAR, accounting for a 49% share of total exports. Moreover, imitation jewellery exports to the United States exceeded the volume sent to the second major destination, China (X tons), sevenfold. Australia (X tons) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-10.7% per year) and Australia (-5.4% per year).

In value terms, the largest markets for imitation jewellery exported from Hong Kong SAR were the United States ($X), Switzerland ($X) and China ($X), with a combined 52% share of total exports. Austria, Japan, Germany, Australia, Italy, France, the UK, Canada, the Netherlands and Spain lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, the Netherlands, with a CAGR of +6.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average imitation jewellery export price amounted to $X per ton, with an increase of 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Hong Kong SAR, China

Imitation jewellery imports into Hong Kong SAR surged to X tons in 2021, growing by 19% on the previous year. Overall, imports, however, recorded a abrupt downturn. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imitation jewellery imports soared to $X in 2021. In general, imports, however, saw a noticeable slump. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main supplier of imitation jewellery to Hong Kong SAR, with a 93% share of total imports. It was followed by France (X tons), with a 1.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -11.5%.

In value terms, China ($X) constituted the largest supplier of imitation jewellery to Hong Kong SAR, comprising 62% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -3.1%.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2021, picking up by 21% against the previous year. In general, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 68%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for imitation jewelry in the world?

The country with the largest volume of imitation jewellery consumption was the United States, comprising approx. 57% of total volume. Moreover, imitation jewellery consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold.

What are the largest producers of imitation jewelry in the world?

The countries with the highest volumes of in 2021 were the United States, China and Italy, with a combined 98% share of global production.

What are the leading suppliers of imitation jewelry to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of imitation jewellery to Hong Kong SAR, comprising 62% of total imports. The second position in the ranking was occupied by France, with a 15% share of total imports.

What are the leading importers of imitation jewelry from Hong Kong SAR, China?

In value terms, the Netherlands, the Philippines and India appeared to be the largest markets for imitation jewellery exported from Hong Kong SAR worldwide, with a combined 42% share of total exports.

What is the average export price for imitation jewelry in Hong Kong SAR, China?

The average imitation jewellery export price stood at $119,950 per ton in 2021, growing by 13% against the previous year.

What is the average import price for imitation jewelry in Hong Kong SAR, China?

The average imitation jewellery import price stood at $72,073 per ton in 2021, jumping by 21% against the previous year.

This report provides an in-depth analysis of the imitation jewellery market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32131000 - Imitation jewellery and related articles

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023