South-Eastern Asia: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in South-Eastern Asia

In 2020, the Southeast Asian imitation jewellery market decreased by -X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The level of consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Imitation Jewellery Production in South-Eastern Asia

In value terms, imitation jewellery production reduced remarkably to $X in 2020 estimated in export prices. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Production By Country in South-Eastern Asia

Indonesia (X tons) remains the largest imitation jewellery producing country in South-Eastern Asia, comprising approx. X% of total volume. Moreover, imitation jewellery production in Indonesia exceeded the figures recorded by the second-largest producer, Vietnam (X tons), twofold. The third position in this ranking was occupied by the Philippines (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Indonesia was relatively modest. In the other countries, the average annual rates were as follows: Vietnam (-X% per year) and the Philippines (-X% per year).

Imitation Jewellery Exports

Exports in South-Eastern Asia

Imitation jewellery exports plummeted to X tons in 2020, dropping by -X% against 2019. Over the period under review, exports continue to indicate a slight setback. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2019, and then shrank dramatically in the following year.

In value terms, imitation jewellery exports declined remarkably to $X in 2020. Overall, exports recorded a moderate expansion. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. The level of export peaked at $X in 2019, and then fell sharply in the following year.

Exports by Country

In 2020, Thailand (X tons) represented the main exporter of imitation jewellery, comprising X% of total exports. Vietnam (X tons) took the second position in the ranking, distantly followed by Indonesia (X tons), Malaysia (X tons) and Singapore (X tons). All these countries together took approx. X% share of total exports. The Philippines (X tons) occupied a relatively small share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam, while exports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest imitation jewellery supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Thailand totaled +X%. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and Singapore (+X% per year).

Export Prices by Country

In 2020, the imitation jewellery export price in South-Eastern Asia amounted to $X per ton, declining by -X% against the previous year. Export price indicated a pronounced expansion 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. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. Over the period under review, export prices attained the peak figure at $X per ton in 2019, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

Imitation Jewellery Imports

Imports in South-Eastern Asia

In 2020, supplies from abroad of imitation jewellery decreased by -X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of X tons. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, imitation jewellery imports fell remarkably to $X in 2020. Overall, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Singapore (X tons), Thailand (X tons), Malaysia (X tons) and Indonesia (X tons) was the main importer of imitation jewellery in South-Eastern Asia, generating X% of total import. It was distantly followed by Vietnam (X tons), making up an X% share of total imports. The Philippines (X tons) held a minor share of total imports.

From 2007 to 2020, the biggest increases were in Vietnam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported imitation jewellery in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Singapore, imitation jewellery imports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2020, the imitation jewellery import price in South-Eastern Asia amounted to $X per ton, dropping by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2014 to 2020, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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