Imitation Jewellery Market in China
Market Overview
The Chinese imitation jewellery market fell sharply to $
in
, with a decrease of -
% 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). In general, consumption recorded a relatively flat trend pattern. Imitation jewellery consumption peaked at $
in 2012; however, from 2013 to
, consumption remained at a lower figure.
In value terms, imitation jewellery production reached $
in
estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of
% against the previous year. As a result, production reached the peak level of $
. From 2017 to
, production growth remained at a lower figure.





In value terms, imitation jewellery production reached $





Consumption
In
, the amount of imitation jewelry consumed in China fell significantly to
tons, with a decrease of -
% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, consumption reached the maximum volume at
tons in 2012; however, from 2013 to
, consumption stood at a somewhat lower figure.
The value of the imitation jewellery market in China declined dramatically to $
in
, which is down 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 recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $
in 2012; however, from 2013 to
, consumption failed to regain momentum.





The value of the imitation jewellery market in China declined dramatically to $





Market Forecast
Depressed by shrinking demand for imitation jewellery in China, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -
% for the period from
to
, which is projected to depress the market volume to
tons by the end of
.
In value terms, the market is forecast to contract 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
.





In value terms, the market is forecast to contract with an anticipated CAGR of -





Market Structure
Over the period under review, imports of imitation jewellery in China were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for imitation jewellery. In
, the share of imports in total consumption accounted for
% in value terms and
% in physical terms. The share of imports decreased moderately (-
percentage point) over the period under review.




Trade Balance
China remains a net exporter of imitation jewellery; in physical and value terms, exports consistently exceeded imports from 2007 to
. In
, there was a significant trade surplus of
tons, which was equal to $
. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.




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