The fashion industries across the world are the significant reasons behind the increasing demand for imitation jewelry across the globe. These are affordable alternatives to expensive jewelry which can be paired with any kind of dress, made from materials like plastic, glass, and base metals like copper or brass. The increasing demands have boosted the import trade value and have recorded a rate of 30 billion US dollars in 2023 followed by the import value of 20 billion US dollars and 15 billion US dollars in 2022 and 2021. The top traders facilitating the import trade of imitation jewelry in 2023 are (the United States – 17 billion US dollars), (United Kingdom – 10 billion US dollars), (France – 8 billion US dollars), (Germany – 6 billion US dollars), (Japan – 5 billion US dollars).
The increasing demands of it across the globe have led the export trade value attain a staggering rate of 34 billion US dollars in 2023 followed by the export trade rate of 28 billion US dollars and 20 billion US dollars in 2022 and 2021. The top export traders across the globe supporting the export trade business of imitation jewelry in 2023 are (China – 23 billion US dollars), (India – 17 billion US dollars), (Hong Kong – 15 billion US dollars), (Turkey – 9 billion US dollars), (Thailand – 7 billion US dollars).
Due to the increasing demand in different fashion industries across the globe, the top traders are focusing on imports to fulfill the acquired necessities. As per the Global Imitation Jewelry Import Data, the top importers with their import trade values of 2023 are discussed below,
• United States – According to the USA Import Data, the import trade value of imitation jewelry in 2023 is 17 billion US dollars.
• United Kingdom – According to the United Kingdom Import Data, the import trade value of imitation jewelry in 2023 is 10 billion US dollars.
• France – According to the France Import Data, the import trade value of imitation jewelry in 2023 is 8 billion US dollars.
• Germany – According to the Germany Import Data, the import trade value of imitation jewelry in 2023 is 6 billion US dollars.
• Japan – According to the Japan Import Data, the import trade value of imitation jewelry in 2023 is 5 billion US dollars.
• Italy – According to the Italy Import Data, the import trade value of imitation jewelry in 2023 is 4 billion US dollars.
• Canada – According to the Canada Import Data, the import trade value of imitation jewelry in 2023 is 2 billion US dollars.
• Spain – According to the Spain Import Data, the import trade value of imitation jewelry in 2023 is 1.5 billion US dollars.
• Netherlands – According to the Netherlands Import Data, the import trade value of imitation jewelry in 2023 is 900 million US dollars.
• Belgium – According to the Belgium Import Data, the import trade value of imitation jewelry in 2023 is 800 million US dollars.
The increasing demand for this globally sought commodity is leading to a higher rate of exports to maintain stability in its consumption needs. According to the Global Imitation Export Data, the top exporters of 2023 with their trade values are discussed below,
• China – As per the China Export Data, the export trade value of imitation jewelry in 2023 is 23 billion US dollars.
• India – As per the India Export Data, the export trade value of imitation jewelry in 2023 is 17 billion US dollars.
• Hong Kong – As per the Hong Kong Export Data, the export trade value of imitation jewelry in 2023 is 15 billion US dollars.
• Turkey – As per the Turkey Export Data, the export trade value of imitation jewelry in 2023 is 9 billion US dollars.
• Thailand – As per the Thailand Export Data, the export trade value of imitation jewelry in 2023 is 7 billion US dollars.
• Italy – As per the Italy Export Data, the export trade value of imitation jewelry in 2023 is 6 billion US dollars.
• Indonesia – As per the Indonesia Export Data, the export trade value of imitation jewelry in 2023 is 5 billion US dollars.
• United States – As per the USA Export Data, the export trade value of imitation jewelry in 2023 is 4 billion US dollars.
• Philippines – As per the Philippines Export Data, the export trade value of imitation jewelry in 2023 is 3 billion US dollars.
• Vietnam – As per the Vietnam Export Data, the export trade value of imitation jewelry in 2023 is 2 billion US dollars.
The Global Imitation Jewelry Customs Shipment Data enlists the below-mentioned companies as the top producers; its valuation of exports in 2023 is discussed below,
• Rajesh Exports Limited: - The valuation of imitation jewelry exports from Rajesh Exports Limited in 2023 – 5 billion US dollars.
• Richemont: - The valuation of imitation jewelry exports from Richemont in 2023 – 4 billion US dollars.
• LVMH: - The valuation of imitation jewelry exports from LVMH in 2023 – 2 billion US dollars.
• Chow Tai Fook Jewelry Group Ltd: - The valuation of imitation jewelry exports from Chow Tai Fook Jewelry Group Ltd in 2023 – 1 billion US dollars.
• Swarovski AG: - The valuation of imitation jewelry exports from Swarovski AG in 2023 – 900 million US dollars.
• Swatch Group: - The valuation of imitation jewelry exports from Swatch Group in 2023 –700 million US dollars.
• Signet Jewelers Limited: - The valuation of imitation jewelry exports from Signet Jewelers Limited in 2023 – 600 million US dollars.
• Pandora A/S: - The valuation of imitation jewelry exports from Pandora A/S in 2023 – 500 million US dollars.
• Titan Company Ltd: - The valuation of imitation jewelry exports from Titan Company Ltd in 2023 – 400 million US dollars.
• Meenakshi Jewellers Pvt Ltd: - The valuation of imitation jewelry exports from Meenakshi Jewellers Pvt Ltd in 2023 – 300 million US dollars.
Que. What is the import trade value of imitation jewelry in 2023?
Ans. The import trade value of imitation jewelry in 2023 is 30 billion US dollars.
Que. Who is the top-producing company of imitation jewelry in 2023?
Ans. Rajesh Exports Limited will be the top-producing company of imitation jewelry in 2023.
Que. Where can you get the detailed trade analysis of imitation jewelry in 2023 with values?
Ans. At Import Globals, you can get a detailed trade analysis of imitation jewelry in 2023 with values.