China: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in China

The Chinese imitation jewellery market declined remarkably to $X in 2020, dropping by -X% against the previous year. Overall, consumption continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2013 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Imitation Jewellery Production in China

In value terms, imitation jewellery production rose to $X in 2020 estimated in export prices. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, production attained the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

Imitation Jewellery Exports

Exports from China

Imitation jewellery exports from China surged to X tons in 2020, rising by X% against 2019 figures. Over the period under review, exports recorded strong growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, imitation jewellery exports dropped to $X in 2020. Overall, exports showed a perceptible setback. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Nigeria (X tons), Malaysia (X tons) and Egypt (X tons) were the main destinations of imitation jewellery exports from China, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (+X% per year), while exports for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($X per ton), while the average price for exports to Nigeria ($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 Brazil, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into China

After two years of growth, supplies from abroad of imitation jewellery decreased by -X% to X tons in 2020. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, imitation jewellery imports declined rapidly to $X in 2020. Overall, imports posted a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then shrank sharply in the following year.

Imports by Country

Indonesia (X tons), Hong Kong SAR (X tons) and Thailand (X tons) were the main suppliers of imitation jewellery imports to China, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Indonesia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest imitation jewellery suppliers to China were Thailand ($X), Austria ($X) and Italy ($X), together accounting for X% of total imports. These countries were followed by France, Germany, Hong Kong SAR, Vietnam, the United States, Japan, India, the United Arab Emirates, Indonesia and Australia, which together accounted for a further X terms of the main suppliers, Vietnam (+X% per year) recorded the highest growth rate of 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 2020, rising by X% against the previous year. Overall, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see steady growth in years to come.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform

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