Price for Non-Silver Precious Metal Jewelry in Austria - 2023
Contents:
- Price for Non-Silver Precious Metal Jewelry in Austria (CIF) - 2022
- Price for Non-Silver Precious Metal Jewelry in Austria (FOB) - 2022
- Imports of Non-Silver Precious Metal Jewelry in Austria
- Exports of Non-Silver Precious Metal Jewelry in Austria
Price for Non-Silver Precious Metal Jewelry in Austria (CIF) - 2022
The average non-silver precious metal jewelry import price stood at $59,630,620 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 105% against the previous year. As a result, import price reached the peak level of $96,129 per kg. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($736,686,833 per ton), while the price for India ($15,620,307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Silver Precious Metal Jewelry in Austria (FOB) - 2022
In 2022, the average non-silver precious metal jewelry export price amounted to $64,415,758 per ton, shrinking by -36.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 71% against the previous year. Over the period under review, the average export prices hit record highs at $101,103,031 per ton in 2021, and then shrank markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($346,011,950 per ton), while the average price for exports to Greece ($15,975,582 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Silver Precious Metal Jewelry in Austria
In 2022, imports of non-silver precious metal jewelry into Austria totaled 4.6 tons, picking up by 14% compared with the previous year's figure. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, non-silver precious metal jewelry imports surged to $276M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Silver Precious Metal Jewelry in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.2 | 42.4 | 56.3 | 81.7 | 13.3% |
| Turkey | 7.5 | 8.8 | 25.4 | 68.7 | 109.2% |
| Italy | 35.5 | 34.3 | 46.8 | 49.4 | 11.6% |
| France | 19.6 | 18.2 | 20.7 | 21.1 | 2.5% |
| China | 4.4 | 3.3 | 6.7 | 6.9 | 16.2% |
| India | 6.2 | 8.4 | 12.5 | 3.2 | -19.8% |
| Spain | 1.9 | 1.9 | 2.0 | 2.1 | 3.4% |
| Jordan | 1.8 | 1.7 | 1.8 | 1.5 | -5.9% |
| Hungary | 2.1 | 2.0 | 1.1 | 0.9 | -24.6% |
| Others | 43.5 | 32.5 | 37.9 | 40.3 | -2.5% |
| Total | 179 | 153 | 211 | 276 | 15.5% |
Top Suppliers of Non-Silver Precious Metal Jewelry to Austria in 2022:
- Germany (1935.0 kg)
- Turkey (1139.0 kg)
- Italy (593.0 kg)
- India (202.0 kg)
- France (126.0 kg)
- China (95.0 kg)
- Spain (86.0 kg)
- Jordan (46.0 kg)
- Hungary (29.0 kg)
Exports of Non-Silver Precious Metal Jewelry in Austria
In 2022, exports of non-silver precious metal jewelry from Austria skyrocketed to 2.2 tons, jumping by 189% on the previous year. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-silver precious metal jewelry exports soared to $144M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Silver Precious Metal Jewelry in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 34.4 | 41.5 | 40.8 | 89.3 | 37.4% |
| Belgium | 0.5 | 0.3 | 0.6 | 8.9 | 161.1% |
| Netherlands | 2.2 | 2.2 | 2.9 | 8.4 | 56.3% |
| Switzerland | 5.3 | 3.6 | 3.7 | 6.9 | 9.2% |
| United Kingdom | 3.6 | 2.9 | 3.7 | 3.8 | 1.8% |
| Czech Republic | 2.3 | 2.2 | 3.2 | 3.4 | 13.9% |
| Hungary | 0.6 | 1.1 | 1.7 | 1.7 | 41.5% |
| Greece | 2.7 | 0.4 | 0.7 | 0.9 | -30.7% |
| Others | 14.5 | 12.4 | 20.5 | 20.3 | 11.9% |
| Total | 66.0 | 66.6 | 77.8 | 144 | 29.7% |
Top Export Markets for Non-Silver Precious Metal Jewelry from Austria in 2022:
- Germany (1344.0 kg)
- Belgium (311.0 kg)
- Netherlands (135.0 kg)
- Greece (55.0 kg)
- Hungary (47.0 kg)
- Czech Republic (39.0 kg)
- Switzerland (20.0 kg)
- United Kingdom (17.0 kg)
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