Key Market Indicators
Austrian jewelry imports are projected to climb to approximately €378 million by 2028, up from about €325 million in 2023, marking an average annual growth rate of 2.4%. Despite this growth, Austrian demand has seen a decline of 2.7% annually since 2009. In 2023, Austria ranked 11th in jewelry imports, with Poland taking the lead, followed by the United Kingdom, France, and Italy. On the export front, Austrian jewelry is expected to reach around €530 million by 2028, a significant rise from €281 million in 2023. This translates to an average annual growth rate of 9.8%. Austrian jewelry supply has surged by 15.3% per year since 2009. In 2023, Austria was the 10th largest jewelry exporter, trailing Belgium, Italy, the United Kingdom, and France. In terms of sales, the Austrian jewelry market is anticipated to hit approximately €95.7 million by 2028, up from €95 million in 2023, which indicates a modest annual growth rate of 0.1%. Since 2013, however, the market has contracted by 3.3% annually. Conversely, another assessment of the Austrian jewelry market suggests a slight decline, with sales projected to fall to about €88.7 million by 2028 from €89.1 million in 2023, reflecting a yearly decrease of 0.1%. Since 2015, the market has seen a 4.5% annual decrease.