Report Update Apr 1, 2024

South Africa - Imitation Jewellery - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in South Africa

The South African imitation jewellery market contracted to $X in 2020, dropping 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 continues to indicate a mild slump. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imitation jewellery consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Exports

Exports from South Africa

In 2020, the amount of imitation jewellery exported from South Africa declined dramatically to X tons, reducing by -X% on the previous year's figure. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tons in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, imitation jewellery exports shrank dramatically to $X in 2020. In general, exports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Namibia (X tons), Botswana (X tons) and Swaziland (X tons) were the main destinations of imitation jewellery exports from South Africa, together accounting for X% of total exports. These countries were followed by Lesotho, Kenya, Zambia, the Netherlands and Italy, which together accounted for a further X 2007 to 2020, the biggest increases were in Italy, while shipments for the other leaders experienced a decline.

In value terms, Namibia ($X) remains the key foreign market for imitation jewellery exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by Botswana ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Namibia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-X% per year) and Swaziland (-X% per year).

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, falling by -X% against the previous year. In general, the export price, however, continues to indicate moderate growth. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per ton), while the average price for exports to Lesotho ($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 Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into South Africa

In 2020, overseas purchases of imitation jewellery increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, imitation jewellery imports reduced dramatically to $X in 2020. Overall, imports, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) was the main imitation jewellery supplier to South Africa, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of imitation jewellery to South Africa.

From 2007 to 2020, the average annual growth rate of value from China amounted to -X%.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, with a decrease of -X% against the previous year. Over the period under review, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The import price peaked at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

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Frequently Asked Questions (FAQ) :

What are the largest markets for imitation jewellery in the world?

The country with the largest volume of imitation jewellery consumption was the United States, comprising approx. 33% of total volume. Moreover, imitation jewellery consumption in the United States exceeded the figures recorded by the second-largest consumer, Pakistan, threefold. India ranked third in terms of total consumption with a 9.8% share.

What are the largest producers of imitation jewellery in the world?

The countries with the highest volumes of imitation jewellery production in 2020 were China, the United States and India, together accounting for 81% of global production. These countries were followed by Indonesia, Mexico, Hong Kong SAR and Italy, which together accounted for a further 8.6%.

What are the leading suppliers of imitation jewellery to South Africa?

In value terms, China constituted the largest supplier of imitation jewellery to South Africa.

What are the leading importers of imitation jewellery from South Africa?

In value terms, Namibia remains the key foreign market for imitation jewellery exports from South Africa, comprising 27% of total exports. The second position in the ranking was occupied by Botswana, with a 13% share of total exports. It was followed by Swaziland, with a 7.1% share.

What is the average export price for imitation jewellery in South Africa?

The average imitation jewellery export price stood at $46,371 per ton in 2020, falling by -35.4% against the previous year.

What is the average import price for imitation jewellery in South Africa?

The average imitation jewellery import price stood at $10,776 per ton in 2020, with a decrease of -27.7% against the previous year.

This report provides an in-depth analysis of the imitation jewellery market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 32131000 - Imitation jewellery and related articles

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023