Slovakia: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Slovakia

The Slovak imitation jewellery market dropped notably to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a slight slump. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2016 to 2020, the growth of the market remained at a lower figure.

Imitation Jewellery Exports

Exports from Slovakia

In 2020, the amount of imitation jewellery exported from Slovakia skyrocketed to X tons, with an increase of X% on the previous year. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked at X tons in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports surged to $X in 2020. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for imitation jewellery exports from Slovakia, with a X% share of total exports. Moreover, imitation jewellery exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X tons), twofold. The third position in this ranking was occupied by Austria (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the Czech Republic stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Austria (+X% per year).

In value terms, the largest markets for imitation jewellery exported from Slovakia were Germany ($X), the Czech Republic ($X) and Poland ($X), together comprising X% of total exports.

In terms of the main countries of destination, Germany (+X% per year) 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

In 2020, the average imitation jewellery export price amounted to $X per ton, falling by -X% against the previous year. In general, the export price saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per ton), while the average price for exports to Austria ($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 Czech Republic, while the prices for the other major destinations experienced a decline.

Imitation Jewellery Imports

Imports into Slovakia

In 2020, the amount of imitation jewellery imported into Slovakia plummeted to X tons, reducing by -X% on the year before. In general, imports recorded a mild decline. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, imitation jewellery imports surged to $X in 2020. Over the period under review, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tons), Poland (X tons) and China (X tons) were the main suppliers of imitation jewellery imports to Slovakia, together comprising X% of total imports. These countries were followed by Sweden, the Czech Republic and Bulgaria, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (+X% per year), while imports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and China (-X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, jumping by X% against the previous year. Overall, import price indicated a remarkable 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 decreased by -X% against 2015 indices. The import price peaked at $X per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Czech Republic ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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