Spain: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Spain

The Spanish imitation jewellery market fell significantly to $X in 2020, declining by -X% against the previous year. In general, consumption saw a deep contraction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imitation jewellery consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Production in Spain

In value terms, imitation jewellery production dropped rapidly to $X in 2020 estimated in export prices. Over the period under review, production saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Spain

In 2020, shipments abroad of imitation jewellery decreased by -X% to X tons, falling for the sixth year in a row after three years of growth. In general, exports recorded a mild shrinkage. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, imitation jewellery exports shrank to $X in 2020. Overall, exports recorded a measured increase. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

France (X tons), Italy (X tons) and Portugal (X tons) were the main destinations of imitation jewellery exports from Spain, together comprising X% of total exports. The UK, Poland, Germany, Greece, Turkey, the Netherlands, the United Arab Emirates, the United States, Mexico and Belgium lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for imitation jewellery exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Portugal (-X% per year).

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, with an increase of X% against the previous year. In general, export price indicated a prominent 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 export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($X per ton), while the average price for exports to Greece ($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 Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Spain

In 2020, the amount of imitation jewellery imported into Spain shrank notably to X tons, falling by -X% against 2019 figures. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports contracted sharply to $X in 2020. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at $X in 2007; however, from 2008 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 Spain, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was occupied by Germany (X tons), 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: France (+X% per year) and Germany (-X% per year).

In value terms, China ($X) constituted the largest supplier of imitation jewellery to Spain, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by France, 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: Germany (-X% per year) and France (-X% per year).

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2019 to 2020, the growth in terms of the average import prices remained 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 Germany ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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