Estonia: Imitation Jewellery Market Overview 2020

Imitation Jewellery Market Size in Estonia

The revenue of the imitation jewellery market in Estonia amounted to $X in 2017, going up by X% against the previous year. In general, imitation jewellery consumption continues to indicate a pronounced drop. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. Estonia imitation jewellery consumption peaked at $X in 2008; however, from 2009 to 2017, consumption stood at a somewhat lower figure.

Imitation Jewellery Production in Estonia

In value terms, imitation jewellery production totaled $X in 2017 estimated in export prices. Over the period under review, imitation jewellery production, however, continues to indicate a moderate growth. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% against the previous year. Over the period under review, imitation jewellery production reached its peak figure level at $X in 2008; however, from 2009 to 2017, production stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Estonia

Imitation jewellery exports from Estonia amounted to X tonnes in 2017, declining by -X% against the previous year. Over the period under review, imitation jewellery exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when exports increased by X% y-o-y. Over the period under review, imitation jewellery exports reached their peak figure at X tonnes in 2016, and then declined slightly in the following year.

In value terms, imitation jewellery exports stood at $X in 2017. In general, imitation jewellery exports, however, continue to indicate a strong growth. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, imitation jewellery exports reached their maximum at $X in 2016, and then declined slightly in the following year.

Exports by Country

China prevails in imitation jewellery exports structure, resulting at X tonnes, which was near X% of total exports in 2017. India (X tonnes) ranks second in terms of the total exports with a X% share, followed by China, Hong Kong SAR (X%). Austria (X tonnes), Italy (X tonnes) and Thailand (X tonnes) followed a long way behind the leaders.

China was also the fastest growing in terms of the imitation jewelry exports, with a CAGR of +X% from 2007 to 2017. At the same time, India (+X%), Thailand (+X%) and Italy (+X%) displayed positive paces of growth. Austria experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Hong Kong SAR increased by X% percentage points, while India (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest imitation jewellery supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and China, Hong Kong SAR (-X% per year).

Export Prices by Country

The imitation jewellery export price in Estonia stood at $X per kg in 2017, going up by X% against the previous year. Overall, the imitation jewellery export price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017, an increase of X% y-o-y. In that year, the export prices for imitation jewelry attained their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of origin; the country with the highest export price was Thailand ($X per kg), while India ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Estonia

In 2017, the amount of imitation jewelry imported into Estonia stood at X tonnes, waning by -X% against the previous year. Overall, imitation jewellery imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. In that year, imitation jewellery imports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, imitation jewellery imports stood at $X in 2017. Overall, the total imports indicated a conspicuous growth from 2007 to 2017: its value decreased 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 2017 figures, the imitation jewellery imports decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2008, when imports increased by X% against the previous year. Estonia imports peaked at $X in 2013; however, from 2014 to 2017, imports failed to regain their momentum.

Imports by Country

In 2017, the U.S. (X tonnes), distantly followed by China, Hong Kong SAR (X tonnes), Germany (X tonnes), Mexico (X tonnes) and the UK (X tonnes) were the main importers of imitation jewelry, together mixing up X% of total imports. Japan (X tonnes), France (X tonnes), Spain (X tonnes), Malaysia (X tonnes), Nigeria (X tonnes), Saudi Arabia (X tonnes) and Switzerland (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to imitation jewellery imports into the U.S. stood at +X%. At the same time, Malaysia (+X%), Nigeria (+X%), Mexico (+X%), Saudi Arabia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, France (-X%), the UK (-X%), Switzerland (-X%), Japan (-X%), China, Hong Kong SAR (-X%) and Spain (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%), Spain (X%) and Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of Nigeria (-X%), Mexico (-X%), Malaysia (-X%) and the U.S. (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported imitation jewelry into Estonia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: France (+X% per year) and Germany (+X% per year).

Import Prices by Country

The imitation jewellery import price in Estonia stood at $X per kg in 2017, going up by X% against the previous year. Overall, the import price indicated a strong expansion from 2007 to 2017: 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. The pace of growth was the most pronounced in 2017, an increase of X% against the previous year. Estonia import price peaked at $X per kg in 2013; however, from 2014 to 2017, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was France ($X per kg), while Malaysia ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform