France: Imitation Jewellery Market 2023

Imitation Jewellery Market Size in France

The French imitation jewellery market reached $X in 2021, picking up by 10% against the previous year. Over the period under review, consumption, however, recorded a noticeable shrinkage. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Imitation Jewellery Production in France

In value terms, imitation jewellery production dropped to $X in 2021 estimated in export price. In general, production, however, recorded modest growth. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. Imitation jewellery production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Imitation Jewellery Exports

Exports from France

In 2021, the amount of imitation jewelry exported from France skyrocketed to X tons, jumping by 28% against 2020. Overall, exports, however, saw a relatively flat trend pattern. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, imitation jewellery exports soared to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +69.9% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of imitation jewellery exports from France, with a combined 44% share of total exports. These countries were followed by Spain, China, the United States, the UK, Switzerland, Hong Kong SAR, Singapore, Japan, the Netherlands and Portugal, which together accounted for a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +20.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for imitation jewellery exported from France were the United States ($X), China ($X) and Switzerland ($X), together comprising 39% of total exports.

In terms of the main countries of destination, China, with a CAGR of +26.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2021, dropping by -3.5% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imitation jewellery export price increased by +69.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of 36%. As a result, the export price reached the peak level of $X per ton, and then dropped modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($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 the Netherlands (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into France

In 2021, imports of imitation jewelry into France expanded markedly to X tons, surging by 12% on the year before. In general, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 36% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports surged to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of imitation jewellery to France, with a 41% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was held by Portugal (X tons), with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+23.8% per year) and Portugal (+30.0% per year).

In value terms, the largest imitation jewellery suppliers to France were China ($X), Germany ($X) and Italy ($X), together accounting for 61% of total imports. Thailand, Belgium, Spain, Portugal, the Netherlands and India lagged somewhat behind, together accounting for a further 21%.

Belgium, with a CAGR of +20.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imitation jewellery import price increased by +98.5% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 76% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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