Iran: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Iran

The Iranian imitation jewellery market contracted markedly to $X in 2020, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2015 to 2020, the growth of the market remained at a lower figure.

Imitation Jewellery Exports

Exports from Iran

In 2020, overseas shipments of imitation jewellery increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, showed a abrupt decrease. Over the period under review, exports attained the peak figure at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, imitation jewellery exports surged to $X in 2020. Over the period under review, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2019 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Italy (X kg), Lebanon (X kg) and Germany (X kg) were the main destinations of imitation jewellery exports from Iran, together accounting for X% of total exports. These countries were followed by Australia, the United Arab Emirates, Azerbaijan and Poland, which together accounted for a further X 2007 to 2020, the biggest increases were in Azerbaijan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for imitation jewellery exported from Iran were Germany ($X), Italy ($X) and Australia ($X), together accounting for X% of total exports. These countries were followed by the United Arab Emirates, Lebanon, Azerbaijan and Poland, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 2020, which is down by -X% against the previous year. In general, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per ton in 2019, and then declined sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Lebanon ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Iran

In 2020, overseas purchases of imitation jewellery decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. As a result, imports attained the peak of X tons. from 2015 to 2020, the growth imports remained at a lower figure.

In value terms, imitation jewellery imports declined sharply to $X in 2020. In general, imports, however, saw a tangible increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X tons) constituted the largest imitation jewellery supplier to Iran, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and the United Arab Emirates (-X% per year).

In value terms, the largest imitation jewellery suppliers to Iran were India ($X), China ($X) and Turkey ($X), with a combined X% share of total imports.

Turkey saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2015 an increase of X% y-o-y. The import price peaked at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced a decline.

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Source: IndexBox Platform

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