Denmark: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Denmark

In 2020, the Danish imitation jewellery market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption recorded a perceptible setback. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. Imitation jewellery consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Imitation Jewellery Production in Denmark

In value terms, imitation jewellery production soared to $X in 2020 estimated in export prices. In general, production showed strong growth. Imitation jewellery production peaked at $X in 2016; however, from 2017 to 2020, production failed to regain the momentum.

Imitation Jewellery Exports

Exports from Denmark

In 2020, the amount of imitation jewellery exported from Denmark contracted sharply to X tons, falling by -X% on 2019 figures. In general, exports showed a deep downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports reduced to $X in 2020. Overall, exports recorded a abrupt decline. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of imitation jewellery exports from Denmark, together accounting for X% of total exports. These countries were followed by the UK, France, Iceland, the Netherlands, Italy, Spain, Finland, Belgium, Switzerland and Poland, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and Norway ($X) were the largest markets for imitation jewellery exported from Denmark worldwide, together comprising X% of total exports. These countries were followed by the UK, Switzerland, Iceland, Poland, France, Italy, the Netherlands, Belgium, Finland and Spain, which together accounted for a further X terms of the main countries of destination, Iceland recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, picking up by X% against the previous year. In general, export price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

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

Imitation Jewellery Imports

Imports into Denmark

In 2020, overseas purchases of imitation jewellery increased by X% to X tons, rising for the second year in a row after five years of decline. In general, imports, however, recorded a noticeable slump. Imports peaked at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports rose sharply to $X in 2020. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of imitation jewellery to Denmark, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. Sweden (X tons) ranked third in terms of total imports with a X% share.

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

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

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Sweden (-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. Over the period under review, the import price, however, showed noticeable growth. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

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

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

Source: IndexBox Market Intelligence Platform

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