Which Country Imports the Most Imitation Jewelry in the World?

Imitation Bijouterie May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the global imitation jewellery imports amounted to 179K tonnes, declining by -1.6% against the previous year level. In general, imitation jewellery imports continue to indicate a perceptible drop. The growth pace was the most rapid in 2012, an increase of 43% from the previous year level. Over the period under review, global imitation jewellery imports attained its maximum volume of 378K tonnes in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

In value terms, imitation jewellery imports stood at $7.4B in 2016. The total import value increased at an average annual rate of +1.8% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, global imitation jewellery imports attained its maximum level of $9.1B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Imitation Jewellery Importing Countries in the World

1. France (564.9 million USD)

2. Germany (542.1 million USD)

3. United Kingdom (409.1 million USD)

4. China, Hong Kong SAR (375.6 million USD)

5. Spain (235.1 million USD)

6. United Arab Emirates (121.4 million USD)

7. Mexico (110.3 million USD)

8. Malaysia (45.7 million USD)

9. Qatar (32.4 million USD)

10. Brazil (28.6 million USD)

11. Colombia (26.9 million USD)

12. Indonesia (17.1 million USD)

Imitation Jewellery Imports By Country

In 2016, Mexico (26K tonnes), distantly followed by the UK (12K tonnes), Qatar (12K tonnes), China, Hong Kong SAR (11K tonnes), and United Arab Emirates (10K tonnes) represented the largest importers of imitation jewellery, together comprising 40% of total imports. Malaysia (6.8K tonnes), Germany (6.5K tonnes), France (6K tonnes), Brazil (5.6K tonnes), Spain (5.2K tonnes), Indonesia (4.6K tonnes), and Colombia (4.5K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to imitation jewellery imports into Mexico stood at +17.3%. At the same time, Malaysia (+25.5%), Qatar (+19.4%), and Colombia (+6.1%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer/exporter in the world, with a CAGR of +25.5% from 2007-2016. Indonesia experienced a relatively flat trend pattern. By contrast, France (-2.7%), the UK (-3.4%), Brazil (-3.6%), United Arab Emirates (-3.9%), Germany (-4.4%), China, Hong Kong SAR (-9.2%), and Spain (-9.7%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (9%), Spain (4%), the UK (2%), United Arab Emirates (2%), and Germany (2%) increased significantly, the share of Malaysia (-3.3%), Qatar (-5.3%), and Mexico (-10.9%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($565M), Germany ($542M) and the UK ($409M) were the countries with the highest levels of imports in 2016, with a combined 20% share of global imports. These countries were followed by China, Hong Kong SAR, Spain, United Arab Emirates, Mexico, Malaysia, Qatar, Brazil, Colombia and Indonesia, which together accounted for a further 13%.

Malaysia (+22.4% per year) had the highest growth rate of imitation jewellery imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Imitation Jewellery Import Prices By Country

In 2016, the average import price for imitation jewellery amounted to $42 per kg, going down by -3.4% against the previous year. Overall, it indicated a remarkable increase from 2007 to 2016: the import price value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, imitation jewellery import price increased by +81.0% against its level of 2013. The most prominent rate of growth was recorded in 2015, an increase of 72% against the previous year level. In that year, average imitation jewellery import price attained its maximum level of $43 per kg, falling back in the following year.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was France ($94 per kg), while Qatar ($2,741 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of imitation jewellery import prices was attained by China, Hong Kong SAR (+12.8% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global imitation jewellery market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • imitation jewellery market share
  • imitation jewellery prices
  • imitation jewellery industry
  • imitation jewellery sales
  • imitation jewellery import
  • imitation jewellery export
  • imitation jewellery market forecast
  • imitation jewellery price forecast
  • key imitation jewellery producers

All data provided in this article covers the following product: HS Code 7117 - Imitation jewellery.

Source: World: Imitation Jewelry - Market Report. Analysis and Forecast to 2025