Austria: Imitation Jewellery Market 2022

Imitation Jewellery Market Size in Austria

The Austrian imitation jewellery market contracted sharply to $X in 2020, with a decrease of -X% against the previous year. Overall, consumption continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 when the market value increased by X% against the previous year. Imitation jewellery consumption peaked at $X in 2019, and then reduced dramatically in the following year.

Imitation Jewellery Production in Austria

In value terms, imitation jewellery production skyrocketed to $X in 2020 estimated in export prices. Overall, production saw a deep slump. Imitation jewellery production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Imitation Jewellery Exports

Exports from Austria

In 2020, shipments abroad of imitation jewellery was finally on the rise to reach X tons for the first time since 2016, thus ending a three-year declining trend. Over the period under review, exports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, imitation jewellery exports dropped markedly to $X in 2020. Overall, exports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

France (X tons), the UK (X tons) and Germany (X tons) were the main destinations of imitation jewellery exports from Austria, together comprising X% of total exports. These countries were followed by the Czech Republic, Poland, the United States, Ireland, Greece, Spain, Hungary, Slovenia and Sweden, which together accounted for a further X 2007 to 2020, the biggest increases were in Poland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for imitation jewellery exported from Austria were Germany ($X), France ($X) and the UK ($X), together comprising X% of total exports. These countries were followed by Spain, Poland, the Czech Republic, Hungary, the United States, Greece, Ireland, Slovenia and Sweden, which together accounted for a further X recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average imitation jewellery export price stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The export price peaked at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

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

Imitation Jewellery Imports

Imports into Austria

In 2020, approx. X tons of imitation jewellery were imported into Austria; dropping by -X% on the year before. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2019 when imports increased by X% y-o-y. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, imitation jewellery imports dropped remarkably to $X in 2020. In general, imports saw a noticeable decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% y-o-y. As a result, imports attained the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2020, Thailand (X tons) constituted the largest supplier of imitation jewellery to Austria, with a X% share of total imports. Moreover, imitation jewellery imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Thailand stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (-X% per year).

In value terms, Thailand ($X) constituted the largest supplier of imitation jewellery to Austria, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Thailand amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Vietnam (+X% per year).

Import Prices by Country

The average imitation jewellery import price stood at $X per ton in 2020, approximately mirroring the previous year. Over the period under review, import price indicated a moderate increase from 2007 to 2020: its price 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, imitation jewellery import price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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