Report Update May 1, 2024

Sri Lanka - Imitation Jewellery - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Sri Lanka

In 2020, the Sri Lankan imitation jewellery market decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption saw a deep downturn. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Imitation jewellery consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Exports

Exports from Sri Lanka

In 2020, after two years of growth, there was significant decline in shipments abroad of imitation jewellery, when their volume decreased by -X% to X tons. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, imitation jewellery exports contracted rapidly to $X in 2020. Overall, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Thailand (X tons), the United States (X tons) and India (X tons) were the main destinations of imitation jewellery exports from Sri Lanka, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Thailand, while shipments for the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

In 2020, the average imitation jewellery export price amounted to $X per ton, which is down by -X% against the previous year. In general, the export price, however, saw a notable increase. The growth pace was the most rapid in 2013 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

Imitation Jewellery Imports

Imports into Sri Lanka

In 2020, overseas purchases of imitation jewellery decreased by -X% to X tons, falling for the third year in a row after two years of growth. In general, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. from 2013 to 2020, the growth imports failed to regain the momentum.

In value terms, imitation jewellery imports dropped sharply to $X in 2020. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of imitation jewellery to Sri Lanka, accounting for a X% share of total imports. Moreover, imitation jewellery imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, the largest imitation jewellery suppliers to Sri Lanka were China ($X) and India ($X the main suppliers, China saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, increasing by X% against the previous year. Overall, the import price continues to indicate a slight increase. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per ton. from 2012 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per ton), while the price for China amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The United States remains the largest imitation jewellery consuming country worldwide, 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. The third position in this ranking was occupied by India, 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 comprising 81% of global production. Indonesia, Mexico, Hong Kong SAR and Italy lagged somewhat behind, together comprising a further 8.6%.

What are the leading suppliers of imitation jewellery to Sri Lanka?

In value terms, the largest imitation jewellery suppliers to Sri Lanka were China and India.

What are the leading importers of imitation jewellery from Sri Lanka?

In value terms, Thailand remains the key foreign market for imitation jewellery exports from Sri Lanka, comprising 48% of total exports. The second position in the ranking was occupied by the United States, with a 17% share of total exports. It was followed by Hong Kong SAR, with a 15% share.

What is the average export price for imitation jewellery in Sri Lanka?

The average imitation jewellery export price stood at $64,781 per ton in 2020, dropping by -16.7% against the previous year.

What is the average import price for imitation jewellery in Sri Lanka?

In 2020, the average imitation jewellery import price amounted to $6,131 per ton, surging by 14% against the previous year.

This report provides an in-depth analysis of the imitation jewellery market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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