Eastern Asia: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Eastern Asia

In 2020, the East Asian imitation jewellery market decreased by -X% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market failed to regain the momentum.

Imitation Jewellery Production in Eastern Asia

In value terms, imitation jewellery production expanded rapidly to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 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.

Production By Country in Eastern Asia

China (X tons) remains the largest imitation jewellery producing country in Eastern Asia, accounting for X% of total volume. Moreover, imitation jewellery production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR (X tons), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Hong Kong SAR (-X% per year) and South Korea (-X% per year).

Imitation Jewellery Exports

Exports in Eastern Asia

In 2020, the amount of imitation jewellery exported in Eastern Asia surged to X tons, increasing by X% on the previous year. Overall, exports posted a noticeable expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, imitation jewellery exports fell dramatically to $X in 2020. In general, exports saw a perceptible setback. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

China dominates imitation jewellery exports structure, amounting to X tons, which was approx. X% of total exports in 2020. It was distantly followed by Hong Kong SAR (X tons), making up a X% share of total exports.

China was also the fastest-growing in terms of the imitation jewellery exports, with a CAGR of +X% from 2007 to 2020. Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Hong Kong SAR (-X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest imitation jewellery supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value in China amounted to -X%.

Export Prices by Country

The imitation jewellery export price in Eastern Asia stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($X per ton), while China totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR.

Imitation Jewellery Imports

Imports in Eastern Asia

In 2020, the amount of imitation jewellery imported in Eastern Asia declined sharply to X tons, with a decrease of -X% against the year before. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, imitation jewellery imports reduced dramatically to $X in 2020. Total imports indicated a slight increase from 2007 to 2020: its value decreased 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 2017 with an increase of X% year-to-year. The level of import peaked at $X in 2019, and then shrank remarkably in the following year.

Imports by Country

Japan (X tons) and Hong Kong SAR (X tons) represented roughly X% of total imports of imitation jewellery in 2020. South Korea (X tons) ranks next in terms of the total imports with a X% share, followed by China (X%).

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan, while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest imitation jewellery importing markets in Eastern Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), with a combined X% share of total imports.

China saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The imitation jewellery import price in Eastern Asia stood at $X per ton in 2020, with an increase of X% against the previous year. In general, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($X per ton), while Japan ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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