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Dominican Republic - Imitation Jewellery - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in the Dominican Republic

In 2020, after three years of growth, there was significant decline in the Dominican imitation jewellery market, when its value decreased by -X% to $X. Overall, consumption faced a drastic downturn. The pace of growth appeared the most rapid in 2019 when the market value increased by X% against the previous year. Imitation jewellery consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Imitation Jewellery Exports

Exports from the Dominican Republic

In 2020, overseas shipments of imitation jewellery were finally on the rise to reach X tons for the first time since 2016, thus ending a three-year declining trend. In general, exports showed significant growth. Over the period under review, exports reached the maximum at X tons in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, imitation jewellery exports soared to $X in 2020. Over the period under review, exports saw a resilient increase. Exports peaked at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for imitation jewellery exports from the Dominican Republic, with a X% share of total exports. It was followed by Haiti (X tons), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the United States amounted to +X%.

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

From 2007 to 2020, the average annual growth rate of value to the United States amounted to +X%.

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, increasing by X% against the previous year. In general, the export price, however, showed a mild decline. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2011; however, from 2012 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 Haiti stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Haiti.

Imitation Jewellery Imports

Imports into the Dominican Republic

After two years of growth, overseas purchases of imitation jewellery decreased by -X% to X tons in 2020. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when imports increased by X% year-to-year. As a result, imports attained the peak of X tons, and then declined rapidly in the following year.

In value terms, imitation jewellery imports dropped markedly to $X in 2020. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest imitation jewellery supplier to the Dominican Republic, with a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold.

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: the United States (-X% per year) and Colombia (-X% per year).

In value terms, China ($X) constituted the largest supplier of imitation jewellery to the Dominican Republic, comprising X% of total imports. The second position in the ranking was occupied by the United States ($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: the United States (-X% per year) and Colombia (+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. Over the period under review, the import price showed a noticeable contraction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Colombia, while the prices for the other major suppliers experienced a decline.

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Frequently Asked Questions (FAQ) :

What are the largest markets for imitation jewellery in the world?

The country with the largest volume of imitation jewellery consumption was the United States, accounting for 33% of total volume. Moreover, imitation jewellery consumption in the United States exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. The third position in this ranking was occupied by India, with a 9.8% share.

What are the largest producers of imitation jewellery in the world?

The countries with the highest volumes of imitation jewellery production in 2020 were China, the United States and India, with a combined 81% share of global production. These countries were followed by Indonesia, Mexico, Hong Kong SAR and Italy, which together accounted for a further 8.6%.

What are the leading suppliers of imitation jewellery to the Dominican Republic?

In value terms, China constituted the largest supplier of imitation jewellery to the Dominican Republic, comprising 50% of total imports. The second position in the ranking was occupied by the United States, with a 20% share of total imports.

What are the leading importers of imitation jewellery from the Dominican Republic?

In value terms, the United States remains the key foreign market for imitation jewellery exports from the Dominican Republic, comprising 99% of total exports. The second position in the ranking was occupied by Haiti, with a 0.2% share of total exports.

What is the average export price for imitation jewellery in the Dominican Republic?

The average imitation jewellery export price stood at $61,317 per ton in 2020, picking up by 7.6% against the previous year.

What is the average import price for imitation jewellery in the Dominican Republic?

The average imitation jewellery import price stood at $23,326 per ton in 2020, reducing by -6.2% against the previous year.

This report provides an in-depth analysis of the imitation jewellery market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 32131000 - Imitation jewellery and related articles

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023