Global Imitation Jewellery Market
In value terms, imitation jewellery production reduced rapidly to $ in estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of %. Over the period under review, global production hit record highs at $ in 2018; however, from 2019 to , production remained at a lower figure.
The country with the largest volume of imitation jewellery production was the United States ( tons), accounting for % of total volume. Moreover, imitation jewellery production in the United States exceeded the figures recorded by the second-largest producer, China ( tons), twofold. The third position in this ranking was held by India ( tons), with a % share.
In the United States, imitation jewellery production expanded at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: China (+% per year) and India (-% per year).
The global imitation jewellery market value shrank significantly to $ in , falling by -% 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). Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the global market attained the peak level at $ in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
In the United States, imitation jewellery consumption expanded at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: China (-% per year) and India (+% per year).
In value terms, China ($) led the market, alone. The second position in the ranking was held by the United States ($). It was followed by the Netherlands.
In China, the imitation jewellery market remained relatively stable over the period from 2007-. In the other countries, the average annual rates were as follows: the United States (+% per year) and the Netherlands (+% per year).
The countries with the highest levels of imitation jewellery per capita consumption in were the United States ( kg per persons), the Netherlands ( kg per persons) and Nigeria ( kg per persons).
From 2007 to , the biggest increases were recorded for the Netherlands (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .