Finland: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Finland

The Finnish imitation jewellery market declined dramatically to $X in 2020, dropping by -X% against the previous year. Over the period under review, consumption showed a deep slump. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. from 2011 to 2020, the growth of the market remained at a lower figure.

Imitation Jewellery Production in Finland

In value terms, imitation jewellery production expanded modestly to $X in 2020 estimated in export prices. Over the period under review, production, however, faced a abrupt downturn. The growth pace was the most rapid in 2019 when the production volume increased by X% y-o-y. Imitation jewellery production peaked at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Imitation Jewellery Exports

Exports from Finland

In 2020, shipments abroad of imitation jewellery decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports contracted markedly to $X in 2020. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

Exports by Country

Russia (X tons), Sweden (X tons) and the United States (X kg) were the main destinations of imitation jewellery exports from Finland, together comprising X% of total exports. Estonia, Switzerland, China, Japan, Latvia, Germany and the Netherlands lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in China, while shipments for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual growth rate of value to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and the United States (+X% per year).

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, with an increase of X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

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

Imitation Jewellery Imports

Imports into Finland

In 2020, the amount of imitation jewellery imported into Finland shrank sharply to X tons, which is down by -X% compared with the year before. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2009 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tons in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, imitation jewellery imports fell significantly to $X in 2020. Over the period under review, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), China (X tons) and Poland (X tons) were the main suppliers of imitation jewellery imports to Finland, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Poland (+X% per year), while purchases for the other leaders experienced a decline.

In value terms, Sweden ($X) constituted the largest supplier of imitation jewellery to Finland, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Poland (+X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, rising by X% against the previous year. In general, import price indicated a prominent expansion 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. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Estonia, while the prices for the other major suppliers experienced more modest paces of growth.

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Source: IndexBox Platform

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