Kazakhstan: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Kazakhstan

In 2020, after three years of growth, there was significant decline in the Kazakh imitation jewellery market, when its value decreased by -X% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Imitation Jewellery Production in Kazakhstan

In value terms, imitation jewellery production fell dramatically to $X in 2020 estimated in export prices. In general, production recorded a sharp setback. The most prominent rate of growth was recorded in 2011 with an increase of 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 stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Kazakhstan

Imitation jewellery exports from Kazakhstan skyrocketed to X tons in 2020, with an increase of X% compared with the year before. In general, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of X tons. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, imitation jewellery exports soared to $X in 2020. Overall, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2013 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Russia (X tons) was the main destination for imitation jewellery exports from Kazakhstan, with a X% share of total exports. Moreover, imitation jewellery exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X kg), fivefold. France (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and France (+X% per year).

In value terms, Russia ($X), Kyrgyzstan ($X) and France ($X) constituted the largest markets for imitation jewellery exported from Kazakhstan worldwide, together accounting for X% of total exports.

Among the main countries of destination, France recorded the highest growth rate of 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

The average imitation jewellery export price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the export price recorded a noticeable setback. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

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

Imitation Jewellery Imports

Imports into Kazakhstan

After three years of growth, supplies from abroad of imitation jewellery decreased by -X% to X tons in 2020. Overall, imports, however, showed resilient growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019, and then shrank significantly in the following year.

In value terms, imitation jewellery imports declined dramatically to $X in 2020. In general, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of imitation jewellery to Kazakhstan, with a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value from China totaled -X%.

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox Platform

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