Report Update Nov 1, 2024

Morocco - Imitation Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Imitation Jewellery Market 2024

Imitation Jewellery Market Size in Morocco

In 2021, the Moroccan imitation jewellery market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, showed a pronounced downturn. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Imitation Jewellery Exports

Exports from Morocco

In 2021, overseas shipments of imitation jewelry increased by 167% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt slump. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, imitation jewellery exports surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main destinations of imitation jewellery exports from Morocco, together comprising 79% of total exports. These countries were followed by Japan, Cabo Verde, Senegal, Spain and Italy, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were in Senegal (with a CAGR of +47.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for imitation jewellery exports from Morocco, comprising 70% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.7% share of total exports. It was followed by the United States, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+10.2% per year) and the United States (+16.8% per year).

Export Prices by Country

In 2021, the average imitation jewellery export price amounted to $X per ton, with an increase of 47% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 130% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Cabo Verde ($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 France (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Morocco

In 2021, purchases abroad of imitation jewelry was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a pronounced decline. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a perceptible descent. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of imitation jewellery to Morocco, accounting for a 95% share of total imports. It was followed by India (X kg), with a 0.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of imitation jewellery to Morocco, comprising 71% of total imports. The second position in the ranking was held by India ($X), with a 0.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2021, growing by 4.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 21% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($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 India (+23.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The United States constituted the country with the largest volume of imitation jewellery consumption, 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, together comprising 98% of global production.

What are the leading suppliers of imitation jewelry to Morocco?

In value terms, China constituted the largest supplier of imitation jewellery to Morocco.

What are the leading importers of imitation jewelry from Morocco?

In value terms, France remains the key foreign market for imitation jewellery exports from Morocco, comprising 54% of total exports. The second position in the ranking was occupied by Italy, with a 25% share of total exports. It was followed by Spain, with a 6.7% share.

What is the average export price for imitation jewelry in Morocco?

The average imitation jewellery export price stood at $129,847 per ton in 2021, dropping by -17% against the previous year.

What is the average import price for imitation jewelry in Morocco?

In 2021, the average imitation jewellery import price amounted to $22,330 per ton, with an increase of 2.1% against the previous year.

This report provides an in-depth analysis of the imitation jewellery market in Morocco. 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:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
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