Austria: Overview of the Market for Cultured Pearls, Precious Or Semi-Precious Stones 2019

Market Size for Cultured Pearls, Precious Or Semi-Precious Stones in Austria

The revenue of the precious stone and pearl market in Austria amounted to $X in 2018, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated a prominent expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, precious stone and pearl consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Over the period under review, the precious stone and pearl market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Exports of Cultured Pearls, Precious Or Semi-Precious Stones

Exports from Austria

In 2018, the exports of cultured pearls, precious or semi-precious stones from Austria amounted to X tonnes, increasing by X% against the previous year. Overall, precious stone and pearl exports, however, continue to indicate an abrupt downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Austria exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, precious stone and pearl exports totaled $X in 2018. Over the period under review, precious stone and pearl exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, precious stone and pearl exports attained their peak of $X. From 2012 to 2018, the growth of precious stone and pearl exports remained at a somewhat lower figure.

Exports by Country

Thailand dominates precious stone and pearl exports structure, amounting to X tonnes, which was approx. X% of total exports in 2018. The U.S. (X tonnes) took a relatively small share of total exports.

Thailand was also the fastest-growing in terms of the cultured pearls, precious or semi-precious stones exports, with a CAGR of +X% from 2007 to 2018. At the same time, the U.S. (+X%) displayed positive paces of growth. While the share of Thailand (+X p.p.) and the U.S. (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest precious stone and pearl supplier from Austria, comprising X% of global exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global exports.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and Austria (-X% per year).

Export Prices by Country

In 2018, the precious stone and pearl export price in Austria amounted to $X per kg, increasing by X% against the previous year. In general, the export price indicated a prominent increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, precious stone and pearl export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. In that year, the export prices for cultured pearls, precious or semi-precious stones attained their peak level of $X per kg. From 2009 to 2018, the growth in terms of the export prices for cultured pearls, precious or semi-precious stones failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per kg), while Thailand stood at $X per kg.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Imports of Cultured Pearls, Precious Or Semi-Precious Stones

Imports into Austria

In 2018, the imports of cultured pearls, precious or semi-precious stones into Austria stood at X tonnes, going down by -X% against the previous year. Over the period under review, precious stone and pearl imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Austria imports peaked at X tonnes in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, precious stone and pearl imports totaled $X in 2018. Over the period under review, the total imports indicated a resilient expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, precious stone and pearl imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, precious stone and pearl imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

China was the largest importing country with an import of about X tonnes, which reached X% of total imports. China, Hong Kong SAR (X tonnes) ranks second in terms of the total imports with a X% share, followed by Thailand (X%), Mauritius (X%), the U.S. (X%) and India (X%). Chile (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mauritius (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest precious stone and pearl importing markets into Austria were the U.S. ($X), China, Hong Kong SAR ($X) and India ($X), together comprising X% of total imports. China, Thailand, Austria, Mauritius and Chile lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The precious stone and pearl import price in Austria stood at $X per kg in 2018, going up by X% against the previous year. Over the period under review, the precious stone and pearl import price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. In that year, the import prices for cultured pearls, precious or semi-precious stones reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per kg), while Chile ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform