Finland - Imitation Jewelry - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Finland - Imitation Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Imitation Jewellery Price in Finland - 2023

Contents:

  1. Imitation Jewellery Price in Finland (CIF) - 2023
  2. Imitation Jewellery Price in Finland (FOB) - 2022
  3. Imitation Jewellery Imports in Finland
  4. Imitation Jewellery Exports in Finland

Imitation Jewellery Price in Finland (CIF) - 2023

The average imitation jewellery import price stood at $113K per ton in June 2023, declining by -9.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 22% against the previous month. As a result, import price attained the peak level of $132K per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Estonia ($288K per ton), while the price for Poland ($51,347 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Estonia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imitation Jewellery Price in Finland (FOB) - 2022

In 2022, the average imitation jewellery export price amounted to $138,209 per ton, surging by 5.8% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imitation jewellery export price increased by +19.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. The export price peaked at $168,045 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($412,016 per ton), while the average price for exports to Latvia ($19,362 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports in Finland

After two years of decline, overseas purchases of imitation jewelry increased by 37% to 92 tons in 2022. Overall, imports, however, showed a abrupt curtailment.

In value terms, imitation jewellery imports surged to $11M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Imitation Jewellery in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,8013,2853,2535,51613.2%
Sweden3,0802,3531,479874-34.3%
Estonia4914185436057.2%
Italy24232048556632.7%
United States508481498479-1.9%
India344335109326-1.8%
United Kingdom373231274263-11.0%
Vietnam31517726.6176-17.6%
Hong Kong SAR25518375.8150-16.2%
Denmark50.710376.110326.7%
Turkey11.833.364.484.692.8%
Others8518761,0801,58223.0%
Total10,3228,7957,96310,7251.3%

Top Suppliers of Imitation Jewellery to Finland in 2022:

  1. China (62.1 tons)
  2. Sweden (4.2 tons)
  3. Italy (4.0 tons)
  4. Vietnam (3.1 tons)
  5. Estonia (3.0 tons)
  6. India (2.4 tons)
  7. Turkey (1.6 tons)
  8. Hong Kong SAR (1.6 tons)
  9. United States (1.4 tons)
  10. Denmark (1.2 tons)
  11. United Kingdom (1.0 tons)

Imitation Jewellery Exports in Finland

In 2022, overseas shipments of imitation jewelry decreased by -15.6% to 5.1 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a perceptible reduction. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of 7.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, imitation jewellery exports declined to $712K in 2022. In general, exports recorded a abrupt downturn. The smallest decline of -7.7% was in 2021.

Export of Imitation Jewellery in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.768.514113049.8%
Sweden103112104102-0.3%
Poland0.36.53.150.2451.1%
France2.19.453.748.9185.6%
Switzerland11.121.519.146.260.9%
United Kingdom3.14.626.543.9141.9%
Estonia86.054.752.935.4-25.6%
Russia54936410427.0-63.4%
Germany7.813.220.520.137.1%
Kazakhstan0.10.1N/A19.9483.8%
Norway17.78.660.017.90.4%
Latvia1.53.44.73.431.4%
Others179198208166-2.5%
Total999864797712-10.7%

Top Export Markets for Imitation Jewellery from Finland in 2022:

  1. Poland (825.0 kg)
  2. Estonia (657.0 kg)
  3. Sweden (556.0 kg)
  4. France (459.0 kg)
  5. Kazakhstan (320.0 kg)
  6. United States (316.0 kg)
  7. Switzerland (217.0 kg)
  8. United Kingdom (190.0 kg)
  9. Russia (180.0 kg)
  10. Latvia (174.0 kg)
  11. Germany (166.0 kg)
  12. Norway (132.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the imitation jewellery market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32131000 - Imitation jewellery and related articles

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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