Belgium: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Belgium

In 2020, the Belgian imitation jewellery market decreased by -X% to $X, falling for the second consecutive year after four years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Imitation Jewellery Production in Belgium

In value terms, imitation jewellery production shrank rapidly to $X in 2020 estimated in export prices. Overall, production showed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imitation jewellery production peaked at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Belgium

In 2020, shipments abroad of imitation jewellery increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports, however, saw a mild decline. Exports peaked at X tons in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports surged to $X in 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

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

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

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

From 2007 to 2020, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+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, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

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

Imitation Jewellery Imports

Imports into Belgium

Imitation jewellery imports into Belgium surged to X tons in 2020, growing by X% on 2019 figures. Overall, imports, however, saw a noticeable setback. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports expanded sharply to $X in 2020. In general, imports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest imitation jewellery supplier to Belgium, with a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), sevenfold. The third position in this ranking was occupied by the Netherlands (X tons), with a X% share.

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

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

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

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, waning by -X% against the previous year. Overall, the import price showed a noticeable decrease. The growth pace was the most rapid in 2017 when the average import price increased by 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 Germany ($X per ton), while the price for China ($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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