U.S.: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in the U.S.

In 2020, the U.S. imitation jewellery market increased by X% to $X, rising for the fourth year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Imitation jewellery consumption peaked in 2020 and is expected to retain growth in years to come.

Imitation Jewellery Production in the U.S.

In value terms, imitation jewellery production rose markedly to $X in 2020. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in the immediate term.

Imitation Jewellery Exports

Exports from the U.S.

In 2020, imitation jewellery exports from the United States declined markedly to X tons, reducing by -X% compared with the previous year. Overall, exports saw a pronounced contraction. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, imitation jewellery exports reduced sharply to $X in 2020. Over the period under review, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Canada (X tons) was the main destination for imitation jewellery exports from the United States, with a X% share of total exports. Moreover, imitation jewellery exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The Dominican Republic (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Canada totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and the Dominican Republic (-X% per year).

In value terms, the largest markets for imitation jewellery exported from the United States were Canada ($X), Mexico ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by the UK, the Dominican Republic, Australia, Germany, Italy, Austria and Vietnam, which together accounted for a further X the main countries of destination, Vietnam 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, picking up by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% year-to-year. The export price peaked at $X per ton in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

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

Imitation Jewellery Imports

Imports into the U.S.

In 2020, after two years of growth, there was significant decline in supplies from abroad of imitation jewellery, when their volume decreased by -X% to X tons. Over the period under review, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, imitation jewellery imports contracted significantly to $X in 2020. In general, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest imitation jewellery supplier to the United States, with a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was occupied by Italy (X tons), with a X% share.

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

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

From 2007 to 2020, the average annual growth rate of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Thailand (-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. Overall, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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