Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria - 2023

Contents:

  1. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria (CIF) - 2023
  2. Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria (FOB) - 2023
  3. Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria
  4. Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria (CIF) - 2023

In October 2023, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $567 per ton, growing by 121% against the previous month. Over the period under review, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From October 2022 to October 2023, the rate of growth in terms of prices for the Czech Republic amounted to +26.7% per month.

Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria (FOB) - 2023

In September 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $557 per ton, picking up by 31% against the previous month. Overall, export price indicated resilient growth from October 2022 to September 2023: its price increased at an average monthly rate of +5.8% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for vegetables; potatoes (other than seed), fresh or chilleds increased by +13.1% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 45% m-o-m. The export price peaked in September 2023.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Hungary ($2,323 per ton), while the average price for exports to Slovakia ($317 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria

In 2022, the amount of vegetables; potatoes (other than seed), fresh or chilleds imported into Austria shrank to 137K tons, reducing by -11.7% compared with the previous year. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 2.3% against the previous year.

In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds shrank to $25M in 2022. In general, imports continue to indicate a deep reduction. The smallest decline of -10.8% was in 2021.

Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.516.614.514.1-10.2%
Switzerland2.83.03.03.57.7%
Czech Republic3.25.16.33.42.0%
Italy1.71.71.31.1-13.5%
France4.21.00.41.1-36.0%
Slovakia1.21.11.30.2-45.0%
Others8.03.71.81.2-46.9%
Total40.532.128.624.5-15.4%

Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Austria in 2022:

  1. Germany (80.7K tons)
  2. Czech Republic (43.9K tons)
  3. Switzerland (6.4K tons)
  4. Italy (1.6K tons)
  5. France (1.6K tons)
  6. Slovakia (1.0K tons)

Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria

In 2022, the amount of vegetables; potatoes (other than seed), fresh or chilleds exported from Austria reduced to 43K tons, declining by -10.4% compared with the year before. The total export volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 39%. As a result, the exports reached the peak of 48K tons, and then dropped in the following year.

In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds rose rapidly to $12M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania2.01.92.11.9-1.7%
CroatiaN/A0.21.01.9208.2%
Germany1.61.01.71.72.0%
Switzerland0.20.30.21.6100.0%
Slovakia2.62.02.21.6-14.9%
Czech Republic0.71.21.21.012.6%
Italy0.90.71.10.8-3.9%
Hungary0.60.60.60.4-12.6%
AlbaniaN/AN/A0.10.4300.0%
Slovenia1.71.20.40.4-38.3%
Greece0.40.20.20.3-9.1%
Others0.50.20.80.4-7.2%
Total11.29.411.612.33.2%

Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Austria in 2022:

  1. Romania (15.0K tons)
  2. Croatia (7.4K tons)
  3. Slovakia (5.5K tons)
  4. Germany (3.1K tons)
  5. Czech Republic (2.4K tons)
  6. Switzerland (1.6K tons)
  7. Slovenia (1.5K tons)
  8. Albania (1.4K tons)
  9. Italy (1.4K tons)
  10. Greece (1.0K tons)
  11. Hungary (0.9K tons)

Source: IndexBox Market Intelligence Platform

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