Ukraine: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Ukraine

After three years of growth, the Ukrainian imitation jewellery market decreased by -X% to $X in 2020. Overall, consumption continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Imitation jewellery consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Production in Ukraine

In value terms, imitation jewellery production soared to $X in 2020 estimated in export prices. Over the period under review, production saw a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level in 2020 and is expected to retain growth in the near future.

Imitation Jewellery Exports

Exports from Ukraine

Imitation jewellery exports from Ukraine expanded slightly to X tons in 2020, increasing by X% against 2019. In general, exports posted a measured expansion. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. As a result, exports reached the peak of X tons. from 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, imitation jewellery exports reduced to $X in 2020. Over the period under review, exports saw a measured expansion. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Poland (X tons) was the main destination for imitation jewellery exports from Ukraine, accounting for a X% share of total exports. Moreover, imitation jewellery exports to Poland exceeded the volume sent to the second major destination, Moldova (X tons), threefold. The third position in this ranking was occupied by Russia (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Poland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Russia (+X% per year).

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

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

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, falling by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. from 2016 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while the average price for exports to Moldova ($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 Italy, while the prices for the other major destinations experienced mixed trend patterns.

Imitation Jewellery Imports

Imports into Ukraine

In 2020, overseas purchases of imitation jewellery decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. from 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, imitation jewellery imports fell markedly to $X in 2020. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 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 Ukraine, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), sevenfold.

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

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

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

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Poland ($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 a decline.

Source: IndexBox Platform

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