Australia and Oceania: Imitation Jewellery Market 2024

Imitation Jewellery Market Size in Australia and Oceania

In 2022, the imitation jewellery market in Australia and Oceania increased by X% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption, however, showed a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Imitation Jewellery Production in Australia and Oceania

In value terms, imitation jewellery production reduced to $X in 2022 estimated in export price. Overall, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Imitation Jewellery Exports

Exports in Australia and Oceania

In 2022, exports of imitation jewelry in Australia and Oceania contracted dramatically to X tons, falling by X% on 2021. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, imitation jewellery exports fell markedly to $X in 2022. In general, exports showed a deep setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia was the largest exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by New Zealand (X tons), achieving a X% share of total exports.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest imitation jewellery supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Imitation Jewellery Imports

Imports in Australia and Oceania

In 2022, supplies from abroad of imitation jewelry increased by X% to X tons, rising for the second year in a row after six years of decline. Overall, imports, however, faced a deep reduction. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports expanded significantly to $X in 2022. Over the period under review, imports, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) represented the major importer of imitation jewelry, generating X% of total imports. It was distantly followed by Fiji (X tons) and New Zealand (X tons), together comprising a X% share of total imports. The following importers - French Polynesia (X tons) and Papua New Guinea (X tons) - each resulted at a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to imitation jewellery imports into Australia stood at X%. At the same time, Papua New Guinea (X%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, French Polynesia (X%), Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. While the share of Fiji (X p.p.), New Zealand (X p.p.), Papua New Guinea (X p.p.) and French Polynesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported imitation jewelry in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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