Brazil: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Brazil

The Brazilian imitation jewellery market fell sharply to $X in 2020, declining by -X% against the previous year. Overall, consumption saw a abrupt shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imitation jewellery consumption peaked at $X in 2015; however, from 2016 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Production in Brazil

In value terms, imitation jewellery production dropped to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Imitation jewellery production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Imitation Jewellery Exports

Exports from Brazil

In 2020, overseas shipments of imitation jewellery decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, imitation jewellery exports expanded to $X in 2020. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for imitation jewellery exports from Brazil, accounting for a X% share of total exports. Moreover, imitation jewellery exports to the United States exceeded the volume sent to the second major destination, Chile (X tons), sevenfold. The third position in this ranking was occupied by Portugal (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the United States amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Portugal (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-X% per year) and Colombia (-X% per year).

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated perceptible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Argentina ($X per ton), while the average price for exports to Portugal ($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 Colombia, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Brazil

Imitation jewellery imports into Brazil fell rapidly to X tons in 2020, with a decrease of -X% on the previous year's figure. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, imitation jewellery imports fell significantly to $X in 2020. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) was the main imitation jewellery supplier to Brazil, with a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Hong Kong SAR (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Hong Kong SAR (-X% per year).

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was South Korea ($X per ton), while the price for China ($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 mixed trend patterns.

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Source: IndexBox Platform

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