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Austria - Jewelry - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Jewelry Market Overview 2021

Jewelry Market Size in Austria

In 2020, the Austrian jewelry market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Jewelry Production in Austria

In value terms, jewelry production fell remarkably to $X in 2020 estimated in export prices. In general, the total production indicated a perceptible increase from 2007 to 2020: its value decreased 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. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2014 to 2020, production growth remained at a lower figure.

Jewelry Exports

Exports from Austria

In 2020, approx. X tonnes of jewelry were exported from Austria; shrinking by -X% compared with 2019 figures. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, jewelry exports reduced to $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X tonnes) was the main destination for jewelry exports from Austria, with a X% share of total exports. Moreover, jewelry exports to Germany exceeded the volume sent to the second major destination, Switzerland (X kg), tenfold. The third position in this ranking was occupied by the UK (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-X% per year) and the UK (+X% per year).

In value terms, Germany ($X) remains the key foreign market for jewelry exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-X% per year) and the UK (+X% per year).

Export Prices by Country

In 2020, the average jewelry export price amounted to $X per kg, jumping by X% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, export price attained the peak level of $X per kg. from 2019 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the UK ($X per kg), while the average price for exports to Thailand ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Jewelry Imports

Imports into Austria

In 2020, supplies from abroad of jewelry increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Overall, total imports indicated a measured expansion from 2007 to 2020: its volume 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. Based on 2020 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, jewelry imports reduced to $X in 2020. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of $X. from 2019 to 2020, the growth imports failed to regain the momentum.

Imports by Country

China (X tonnes), Germany (X tonnes) and France (X tonnes) were the main suppliers of jewelry imports to Austria, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in France, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest jewelry suppliers to Austria were Germany ($X), Italy ($X) and France ($X), together comprising X% of total imports.

In terms of the main suppliers, France saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average jewelry import price stood at $X per kg in 2020, shrinking by -X% against the previous year. Overall, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per kg. from 2019 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per kg), while the price for Spain ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jewelry in the world?
+
The countries with the highest volumes of jewelry consumption in 2020 were China (4.5K tonnes), the UK (4K tonnes) and the United Arab Emirates (2.8K tonnes), together comprising 35% of global consumption.
What are the largest producers of jewelry in the world?
+
The countries with the highest volumes of jewelry production in 2020 were China (5K tonnes), India (2.5K tonnes) and Italy (1.6K tonnes), together comprising 36% of global production. Thailand, Indonesia, Pakistan, Japan, Bangladesh, Mexico, Brazil, Turkey, the U.S. and Ethiopia lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of jewelry to Austria?
+
In value terms, Germany ($60M), Italy ($36M) and France ($20M) constituted the largest jewelry suppliers to Austria, together comprising 58% of total imports.
What are the leading importers of jewelry from Austria?
+
In value terms, Germany ($49M) remains the key foreign market for jewelry exports from Austria, comprising 61% of total exports. The second position in the ranking was occupied by Switzerland ($5M), with a 6.3% share of total exports. It was followed by the UK, with a 5.8% share.
What is the average export price for jewelry in Austria?
+
In 2020, the average jewelry export price amounted to $17,408 per kg, growing by 45% against the previous year.
What is the average import price for jewelry in Austria?
+
In 2020, the average jewelry import price amounted to $2,972 per kg, falling by -28.7% against the previous year.

Product coverage:
• Prodcom 32121330 - Articles of jewellery and parts thereof of precious metal (including plated, clad)
• Prodcom 32121351 - Articles of goldsmiths
• Prodcom 32121353 - Articles of goldsmiths
• Prodcom 32121355 - Articles of goldsmiths

This report provides an in-depth analysis of the jewelry market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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