New Zealand: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in New Zealand

In 2020, the New Zealand imitation jewellery market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. Overall, consumption continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imitation jewellery consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Imitation Jewellery Exports

Exports from New Zealand

In 2020, overseas shipments of imitation jewellery increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked at X tons in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports skyrocketed to $X in 2020. Over the period under review, exports, however, recorded a drastic downturn. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Australia (X tons) was the main destination for imitation jewellery exports from New Zealand, with a X% share of total exports. Moreover, imitation jewellery exports to Australia exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), eightfold. The third position in this ranking was occupied by Canada (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Australia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+X% per year) and Canada (+X% per year).

In value terms, Australia ($X), Hong Kong SAR ($X) and the United States ($X) appeared to be the largest markets for imitation jewellery exported from New Zealand worldwide, together comprising X% of total exports. Canada, Fiji, Thailand and Mexico lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, with an increase of X% against the previous year. Overall, export price indicated noticeable growth from 2007 to 2020: its price 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, imitation jewellery export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. As a result, export price reached the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Mexico ($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 Fiji, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into New Zealand

In 2020, after two years of growth, there was significant decline in overseas purchases of imitation jewellery, when their volume decreased by -X% to X tons. In general, imports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. from 2011 to 2020, the growth imports remained at a lower figure.

In value terms, imitation jewellery imports declined significantly to $X in 2020. Over the period under review, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2013 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of imitation jewellery to New Zealand, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), sevenfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and India (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-X% per year) and India (-X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, growing by X% against the previous year. Overall, import price indicated a slight increase from 2007 to 2020: its price 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. Based on 2020 figures, imitation jewellery import price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Thailand ($X per ton), while the price for Singapore ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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