Eastern Europe: Imitation Jewellery Market 2024

Imitation Jewellery Market Size in Eastern Europe

The East European imitation jewellery market dropped to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, recorded a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Imitation Jewellery Production in Eastern Europe

In value terms, imitation jewellery production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Imitation Jewellery Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in shipments abroad of imitation jewelry, when their volume decreased by X% to X tons. Total exports indicated a measured expansion 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. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, imitation jewellery exports contracted modestly to $X in 2022. Total exports indicated resilient growth 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, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Poland was the main exporting country with an export of about X tons, which resulted at X% of total exports. Hungary (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%), Russia (X%) and Slovakia (X%). Bulgaria (X tons) took a minor share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%) and Russia (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%), the Czech Republic (X%) and Bulgaria (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bulgaria (X p.p.), Slovakia (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest imitation jewellery supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

In Poland, imitation jewellery exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated modest growth from 2012 to 2022: its price 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, imitation jewellery export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Imitation Jewellery Imports

Imports in Eastern Europe

In 2022, overseas purchases of imitation jewelry were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a mild shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imitation jewellery imports rose rapidly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Poland represented the main importer of imitation jewelry in Eastern Europe, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Russia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), Hungary (X%), Bulgaria (X%) and Ukraine (X%). Slovakia (X tons) took a relatively small share of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%) and Bulgaria (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Russia (X%), the Czech Republic (X%), Slovakia (X%) and Ukraine (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and Hungary (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Slovakia (X p.p.), the Czech Republic (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported imitation jewelry in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

In Poland, imitation jewellery imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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