Austria - Lentils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLentil Price in Austria - 2023
Contents:
- Lentil Price in Austria (CIF) - 2023
- Lentil Price in Austria (FOB) - 2023
- Lentil Imports in Austria
- Lentil Exports in Austria
Lentil Price in Austria (CIF) - 2023
In June 2023, the average lentil import price amounted to $1,574 per ton, reducing by -5.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 80% m-o-m. As a result, import price attained the peak level of $2,167 per ton. From November 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($3,210 per ton), while the price for Italy ($944 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Lentil Price in Austria (FOB) - 2023
The average lentil export price stood at $2,934 per ton in June 2023, with a decrease of -13.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 51% m-o-m. As a result, the export price attained the peak level of $3,406 per ton. From September 2022 to June 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were France ($3,144 per ton) and Germany ($3,099 per ton), while the average price for exports to Hungary ($2,270 per ton) and Turkey ($2,408 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Lentil Imports in Austria
After three years of growth, purchases abroad of lentils decreased by -13.7% to 2.5K tons in 2022. The total import volume increased at an average annual rate of +9.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year.
In value terms, lentil imports declined slightly to $4.4M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% 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 +76.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 41%.
| Import of Lentil in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 826 | 750 | 690 | 1,369 | 18.3% |
| Italy | 235 | 760 | 957 | 1,031 | 63.7% |
| Canada | 165 | 201 | 278 | 506 | 45.3% |
| Netherlands | 38.0 | 43.8 | 116 | 411 | 121.1% |
| France | 123 | 116 | 84.2 | 334 | 39.5% |
| Slovenia | N/A | 168 | 336 | 300 | 33.6% |
| Turkey | 530 | 721 | 572 | 175 | -30.9% |
| United Kingdom | 36.0 | 18.6 | 1,184 | 141 | 57.6% |
| India | 325 | 218 | 75.8 | 6.9 | -72.3% |
| Belgium | 147 | 106 | 8.2 | 0.1 | -91.2% |
| Others | 65.6 | 405 | 240 | 130 | 25.6% |
| Total | 2,490 | 3,506 | 4,540 | 4,404 | 20.9% |
Top Suppliers of Lentil to Austria in 2022:
- Italy (958.1 tons)
- Germany (537.5 tons)
- Canada (352.0 tons)
- Netherlands (142.1 tons)
- Slovenia (126.4 tons)
- France (123.7 tons)
- Turkey (106.0 tons)
- United Kingdom (38.1 tons)
- India (4.4 tons)
- Belgium (0.1 tons)
Lentil Exports in Austria
In 2022, exports of lentils from Austria soared to 632 tons, jumping by 18% against the year before. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 182%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, lentil exports totaled $1.6M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 188%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Lentil in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 139 | 688 | 819 | 540 | 57.2% |
| Germany | 197 | 595 | 382 | 513 | 37.6% |
| France | 0.1 | N/A | 45.5 | 374 | 1452.2% |
| Hungary | 15.4 | 85.8 | 151 | 72.2 | 67.4% |
| Italy | 26.5 | 30.8 | 37.9 | 29.1 | 3.2% |
| Others | 141 | 94.8 | 154 | 85.0 | -15.5% |
| Total | 518 | 1,494 | 1,589 | 1,614 | 46.1% |
Top Export Markets for Lentil from Austria in 2022:
- Switzerland (213.6 tons)
- Germany (180.9 tons)
- France (168.7 tons)
- Hungary (27.6 tons)
- Italy (10.0 tons)
This report provides an in-depth analysis of the lentil 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:
- FCL 201 - Lentils, dry
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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