Qatar: Imitation Jewellery Market 2023

Imitation Jewellery Market Size in Qatar

In 2021, the Qatari imitation jewellery market increased by 29% to $X for the first time since 2015, thus ending a five-year declining trend. Overall, consumption, however, showed a deep contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Imitation Jewellery Production in Qatar

In value terms, imitation jewellery production fell markedly to $X in 2021 estimated in export price. In general, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +75.7% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, production reached the peak level of $X, and then reduced notably in the following year.

Imitation Jewellery Exports

Exports from Qatar

After two years of decline, overseas shipments of imitation jewelry decreased by 0% to X tons in 2015. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2013. The exports peaked in 2015 and are expected to retain growth in years to come.

In value terms, imitation jewellery exports totaled $X in 2015. In general, exports showed a pronounced downturn. The smallest decline of 99.9% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2015, the exports failed to regain momentum.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, Italy ($X) and the United Arab Emirates ($X) were the largest markets for imitation jewellery exported from Qatar worldwide.

Italy, with a CAGR of +32.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2015, remaining constant against the previous year. Overall, the export price saw a dramatic descent. The pace of growth was the most pronounced in 2013 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2015, the export prices remained at a lower figure.

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

From 2012 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-87.0%).

Imitation Jewellery Imports

Imports into Qatar

After five years of decline, supplies from abroad of imitation jewelry increased by 31% to X tons in 2021. Over the period under review, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by 1,925% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, imitation jewellery imports soared to $X in 2021. In general, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2015 when imports increased by 89%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of imitation jewellery to Qatar, with a 56% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.1% per year) and Turkey (+30.7% per year).

In value terms, China ($X) constituted the largest supplier of imitation jewellery to Qatar, comprising 35% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Jordan, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.4% per year) and Jordan (+28.7% per year).

Import Prices by Country

In 2021, the average imitation jewellery import price amounted to $X per ton, with a decrease of -8.5% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 1,076%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+76.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :