China: Imitation Jewellery Market 2024

Imitation Jewellery Market Size in China

The Chinese imitation jewellery market dropped sharply to $X in 2022, declining by X% against the previous year. Over the period under review, consumption showed a abrupt shrinkage. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Imitation Jewellery Production in China

In value terms, imitation jewellery production shrank to $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imitation jewellery production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imitation Jewellery Exports

Exports from China

In 2022, exports of imitation jewelry from China totaled X tons, with an increase of X% compared with 2021 figures. In general, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, imitation jewellery exports surged to $X in 2022. Overall, exports posted prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for imitation jewellery exports from China, 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, India (X tons), threefold. Singapore (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Singapore (X% per year).

In value terms, the largest markets for imitation jewellery exported from China were the United States ($X), Singapore ($X) and Malaysia ($X), with a combined X% share of total exports. Australia, the UK, Nigeria, India, the United Arab Emirates, Saudi Arabia, Mexico, Brazil, Kazakhstan and Pakistan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average imitation jewellery export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price posted a pronounced expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Pakistan ($X 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 Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into China

Imitation jewellery imports into China shrank significantly to X tons in 2022, dropping by X% compared with 2021 figures. In general, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, imitation jewellery imports dropped to $X in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

Thailand (X tons), Indonesia (X tons) and Myanmar (X tons) were the main suppliers of imitation jewellery imports to China, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest imitation jewellery suppliers to China were Italy ($X), France ($X) and Thailand ($X), with a combined X% share of total imports. Hong Kong SAR, Vietnam, the United States, Myanmar, Japan, India, South Korea and Indonesia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X,221 per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :