Austria - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Austria - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights

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Glucose Price in Austria - 2023

Contents:

  1. Glucose Price in Austria (CIF) - 2023
  2. Glucose Price in Austria (FOB) - 2023
  3. Glucose Imports in Austria
  4. Glucose Exports in Austria

Glucose Price in Austria (CIF) - 2023

The average glucose import price stood at $974 per ton in September 2023, picking up by 4.8% against the previous month. In general, import price indicated notable growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose import price increased by +5.6% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 39% m-o-m. Over the period under review, average import prices reached the peak figure at $1,120 per ton in April 2023; however, from May 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,994 per ton), while the price for France ($734 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Glucose Price in Austria (FOB) - 2023

The average glucose export price stood at $631 per ton in December 2022, declining by -1.6% against the previous month. Over the period from September 2022 to December 2022, it increased at an average monthly rate of +3.8%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 17% against the previous month. As a result, the export price reached the peak level of $642 per ton, and then shrank modestly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was France ($946 per ton), while the average price for exports to Hungary ($194 per ton) was amongst the lowest.

From September 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Glucose Imports in Austria

After two years of decline, purchases abroad of glucose and glucose syrup increased by 41% to 112K tons in 2022. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, glucose imports surged to $63M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Glucose in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary7.26.610.98.34.9%
Germany2.32.75.06.239.2%
France1.62.68.14.339.0%
Belgium1.21.29.14.353.0%
Bulgaria2.21.73.72.65.7%
Italy3.21.44.30.3-54.6%
Others20.924.95.336.620.5%
Total38.740.946.362.617.4%

Top Suppliers of Glucose to Austria in 2022:

  1. France (11.2K tons)
  2. Germany (9.5K tons)
  3. Hungary (9.5K tons)
  4. Belgium (5.2K tons)
  5. Bulgaria (4.9K tons)
  6. Italy (0.4K tons)

Glucose Exports in Austria

In 2022, overseas shipments of glucose and glucose syrup were finally on the rise to reach 129K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glucose exports soared to $69M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glucose in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.34.34.929.076.2%
Italy1.81.71.613.093.3%
SwitzerlandN/AN/AN/A8.10%
FranceN/AN/A0.16.86700.0%
Hungary0.2N/AN/A3.7164.5%
DenmarkN/AN/AN/A2.00%
Czech Republic0.50.80.91.233.9%
Netherlands1.00.70.21.00.0%
Slovakia0.80.41.20.4-20.6%
Poland0.50.30.10.3-15.7%
Others1.10.60.13.039.7%
Total11.28.99.168.582.9%

Top Export Markets for Glucose from Austria in 2022:

  1. Germany (51.5K tons)
  2. Italy (23.4K tons)
  3. Switzerland (16.4K tons)
  4. France (15.4K tons)
  5. Hungary (7.4K tons)
  6. Netherlands (5.2K tons)
  7. Denmark (3.5K tons)
  8. Czech Republic (2.1K tons)
  9. Slovakia (0.7K tons)
  10. Poland (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glucose 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 2030.

Product coverage:

  • Prodcom 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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