Report Ecuador - Imitation Jewelry - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 19, 2023

Ecuador - Imitation Jewelry - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Imitation Jewellery Market 2023

Imitation Jewellery Market Size in Ecuador

In 2021, the Ecuadorian imitation jewellery market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, recorded a abrupt setback. Imitation jewellery consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Imitation Jewellery Production in Ecuador

In value terms, imitation jewellery production stood at $X in 2021 estimated in export price. Overall, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the production volume increased by 20%. Imitation jewellery production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Ecuador

In 2021, exports of imitation jewelry from Ecuador soared to X tons, surging by 84% against the previous year. Overall, exports, however, continue to indicate a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, imitation jewellery exports soared to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 132%. Over the period under review, the exports attained the peak figure at $X in 2012; afterwards, it flattened through to 2021.

Exports by Country

The United States (X tons), Peru (X tons) and Panama (X tons) were the main destinations of imitation jewellery exports from Ecuador, together comprising 82% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +9.6%), while the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) remains the key foreign market for imitation jewellery exports from Ecuador, comprising 68% of total exports. The second position in the ranking was taken by the United States ($X), with a 17% share of total exports. It was followed by Bolivia, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru stood at +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.0% per year) and Bolivia (+35.3% per year).

Export Prices by Country

In 2021, the average imitation jewellery export price amounted to $X per ton, with a decrease of -21.1% against the previous year. In general, the export price, however, posted a resilient increase. The growth pace was the most rapid in 2015 when the average export price increased by 76%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Peru ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Ecuador

In 2021, the amount of imitation jewelry imported into Ecuador skyrocketed to X tons, rising by 70% on 2020. Overall, imports, however, showed a pronounced decrease. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imitation jewellery imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt descent. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of imitation jewellery to Ecuador, with a 78% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X tons), fivefold. The third position in this ranking was held by Peru (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (-5.3% per year) and Peru (-10.5% per year).

In value terms, the largest imitation jewellery suppliers to Ecuador were Colombia ($X), China ($X) and Peru ($X), together accounting for 86% of total imports.

Among the main suppliers, China, with a CAGR of -0.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2021, declining by -12.7% against the previous year. In general, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Colombia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for imitation jewelry in the world?
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The United States constituted the country with the largest volume of imitation jewellery consumption, comprising approx. 70% of total volume. Moreover, imitation jewellery consumption in the United States exceeded the figures recorded by the second-largest consumer, China, eightfold.
What are the largest producers of imitation jewelry in the world?
+
The United States remains the largest imitation jewellery producing country worldwide, accounting for 64% of total volume. Moreover, imitation jewellery production in the United States exceeded the figures recorded by the second-largest producer, China, twofold.
What are the leading suppliers of imitation jewelry to Ecuador?
+
In value terms, the largest imitation jewellery suppliers to Ecuador were Colombia, China and Peru, together accounting for 86% of total imports.
What are the leading importers of imitation jewelry from Ecuador?
+
In value terms, Peru remains the key foreign market for imitation jewellery exports from Ecuador, comprising 68% of total exports. The second position in the ranking was held by the United States, with a 17% share of total exports. It was followed by Bolivia, with a 5.7% share.
What is the average export price for imitation jewelry in Ecuador?
+
In 2021, the average imitation jewellery export price amounted to $39,949 per ton, falling by -21.1% against the previous year.
What is the average import price for imitation jewelry in Ecuador?
+
The average imitation jewellery import price stood at $16,690 per ton in 2021, waning by -12.7% against the previous year.

This report provides an in-depth analysis of the imitation jewellery market in Ecuador. 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 2030.


Product coverage:
• Prodcom 32131000 - Imitation jewellery and related articles
Country coverage:
• Ecuador

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ecuador
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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