Croatia: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Croatia

For the fourth consecutive year, the Croatian imitation jewellery market recorded decline in sales value, which decreased by -X% to $X in 2020. Over the period under review, consumption showed a pronounced shrinkage. The growth pace was the most rapid in 2016 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Imitation Jewellery Exports

Exports from Croatia

In 2020, shipments abroad of imitation jewellery decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports saw a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports expanded modestly to $X in 2020. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2018 to 2020, the growth exports remained at a lower figure.

Exports by Country

Austria (X tons) was the main destination for imitation jewellery exports from Croatia, accounting for a X% share of total exports. Moreover, imitation jewellery exports to Austria exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Bosnia and Herzegovina (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Austria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Bosnia and Herzegovina (-X% per year).

In value terms, Germany ($X), Austria ($X) and Slovenia ($X) constituted the largest markets for imitation jewellery exported from Croatia worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Germany recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, jumping by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Serbia ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imitation Jewellery Imports

Imports into Croatia

In 2020, supplies from abroad 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 continue to indicate a perceptible setback. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, imitation jewellery imports dropped to $X in 2020. Overall, imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of imitation jewellery imports to Croatia, together accounting for X% of total imports. These countries were followed by Hungary, Slovenia, Austria, Slovakia, Poland, the UK, Spain and the Netherlands, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and China ($X) constituted the largest imitation jewellery suppliers to Croatia, with a combined X% share of total imports. Slovenia, Spain, Italy, Hungary, Poland, Slovakia, the UK and the Netherlands lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average imitation jewellery import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imitation jewellery import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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