Israel: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Israel

The Israeli imitation jewellery market fell to $X in 2020, remaining constant against the previous year. Overall, consumption saw a perceptible downturn. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Production in Israel

In value terms, imitation jewellery production surged to $X in 2020 estimated in export prices. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2020 and is expected to retain growth in the immediate term.

Imitation Jewellery Exports

Exports from Israel

In 2020, imitation jewellery exports from Israel skyrocketed to X tons, increasing by X% compared with 2019 figures. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, imitation jewellery exports surged to $X in 2020. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in years to come.

Exports by Country

Belgium (X tons), the United States (X tons) and Sweden (X tons) were the main destinations of imitation jewellery exports from Israel, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Belgium (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for imitation jewellery exports from Israel, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the peak figure in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 the United States, while the prices for the other major destinations experienced mixed trend patterns.

Imitation Jewellery Imports

Imports into Israel

In 2020, supplies from abroad of imitation jewellery decreased by -X% to X tons, falling for the sixth year in a row after three years of growth. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. As a result, imports reached the peak of X tons. from 2015 to 2020, the growth imports remained at a lower figure.

In value terms, imitation jewellery imports declined notably to $X in 2020. Overall, imports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Hong Kong SAR (X tons) and Switzerland (X tons) were the main suppliers of imitation jewellery imports to Israel, together accounting for X% of total imports. Austria, the Netherlands, Germany, Thailand, Spain, Italy, Sweden, Turkey and the Philippines lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of imitation jewellery to Israel, comprising X% of total imports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and Austria (+X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the import price showed a noticeable descent. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

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

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

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Source: IndexBox Platform

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