Size of the Market
Both the value and the weight of the apparent consumption of costume jewellery fluctuates considerably from year to year. This is mainly attributed to changes in fashion. In 2000 the apparent consumption (imports less exports) was worth SEK 62 million and weighted 373 tons. In 2001 the apparent consumption increased to SEK 95 million with a weight of 122 tons and in 2002 it was worth SEK 102 million with a weight of 295 tons.
The biggest item was jewellery made of base metal, not gilt, silvered or platinum coated, with an apparent consumption in 2002 worth SEK 42 million, down a little from SEK 43 million in 2001.
Gilt, silvered or platinum-coated metal jewellery had an apparent consumption worth SEK 21 million in 2002, down from SEK 22 million in 2001.
Jewellery made of other materials, not metal, had an apparent consumption in 2002 of SEK 28 million up from SEK 19 million in 2001. Unfortunately there are, no official figures neither regarding what materials the jewellery was made of nor what type of jewellery was represented. But trade sources say plastic jewellery has been popular the past year while wood has not been so for some years.
Metal jewellery incorporating details of glass was a relatively small item with an apparent consumption worth SEK 9.8 million in 2002, up from SEK 9.2 million in 2001.
Cufflinks, not surprising, was the smallest item, with an apparent consumption of only SEK 1.4 million in 2002, down from SEK 2.2 million in 2001.
Trade sources indicate that adornment for hair has been the best selling item this year followed by necklaces and earrings leaving bracelets in the fourth place.
There is virtually no domestic production of costume jewellery. Production statistics covering the years 1999 to 200 I show nil production of costume jewellery. What little production there is, is on an artisan scale and does not show up in statistics. Most jewellery made in Sweden, both on an industrial scale and by artisans, is made of precious metals, gold or silver.
Imports and Exports
In 2002 Sweden imported SEK 88 million worth of costume jewellery made of Inon-precious metal, not gilt, silvered or platinum-coated, with a weight of 212 tons, up from SEK 80 million in 200 I but less than the SEK 90 million in 2000.
In 2002 imports of this item came from almost 50 countries. The biggest exporters were Hong Kong, South Korea, China, Great Britain, Italy, Taiwan, Finland and India.
Part of the explanation for the increase in imports of this item is the increase in exports. Sweden exported SEK 46 million worth of this type of jewellery in 2002 up from SEK 37 million in 2001.
Some of the big importers/wholesalers in Sweden have subsidiaries or agents in the neighbouring countries, Denmark, Finland and Norway and in some other counties, which explains the relatively large re-exports of costume jewellery.
The Swedish imports in 2002 of gilt, silvered or platinum-coated costume jewellery were worth SEK 28 million and had a weight of 53 tons. In 2001 Sweden's imports of this item was worth SEK 32 million and in 2000 SEK 41 million. Imports of this type of costume jewellery have declined since 1996.
45% of these articles came from Finland. The balance came from Hong Kong, South Korea, Great Britain and Germany plus another 25 countries.
Re-exports of this item were worth SEK 7.5 million in 2002, down from SEK 10 million in 20019.
In 2000 Sweden imported SEK 34 million worth of costume jewellery made of other materials than metal, which had a weight of 86 tons. This was an increase from the SEK 28 million worth of imports in both 2001 and 2000.
Sweden imported these articles from Italy, Hong Kong, Denmark, Great Britain, South Korea, India, China and another 45 countries.
Re-exports of this type of costume jewellery was worth SEK 6.7 million in 2002, down from SEK 8.5 million in 2001.
Imports in 2002 of costume jewellery of non-precious metal incorporating details of glass was worth SEK 11.4 million and weighted 33 tons, up a little from SEK 11.1 million in 2001 but lower than the SEK 14.7 million worth of imports in 2000.
These articles were imported from India and China, followed by Denmark, Hong Kong South Korea and the Czech Republic.
Re-exports of such jewellery was worth SEK 1.5 million in 2002, down from SEK 1.9 million in 2001.
Cufflink imports were worth SEK 1.9 million in 2000, down from SEK 2.5 million in 2001.
Re-exports were worth SEK 518000 in 2002 up from SEK 283000 in 2001.
Cufflinks were imported from Germany, Hong Kong, Great Britain and Taiwan.