The import of imitation jewellery and related articles to Austria shows a forecasted decline from 2024 to 2028, starting at 1.7554 million kilograms in 2024 and decreasing progressively to 1.4531 million kilograms by 2028. For context, the 2023 volume stood at 1.832 million kilograms. The year-on-year variations from 2024 to 2028 reveal a consistently negative trend:
- 2024: -4.18%
- 2025: -4.37%
- 2026: -4.53%
- 2027: -4.69%
- 2028: -4.88%
Over the last five years, the Compound Annual Growth Rate (CAGR) indicates an average yearly decline of around 4.73%, reflecting a sustained decrease in import volumes.
Future trends to watch for include shifts in consumer preferences towards sustainable and locally-made products, evolving fashion trends, and potential changes in trade policies and agreements that could impact import volumes.