Austria - Millet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMillet Price in Austria - 2023
Contents:
- Millet Price in Austria (FOB) - 2023
- Millet Price in Austria (CIF) - 2023
- Millet Exports in Austria
- Millet Imports in Austria
Millet Price in Austria (FOB) - 2023
The average millet export price stood at $640 per ton in July 2023, shrinking by -61.4% against the previous month. In general, the export price recorded a slight descent. The growth pace was the most rapid in April 2023 an increase of 92% m-o-m. Over the period under review, the average export prices reached the peak figure at $1,656 per ton in June 2023, and then shrank remarkably in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($9,344 per ton), while the average price for exports to Germany ($481 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Millet Price in Austria (CIF) - 2023
The average millet import price stood at $938 per ton in June 2023, reducing by -13.1% against the previous month. Over the period under review, the import price recorded a pronounced contraction. The growth pace was the most rapid in January 2023 when the average import price increased by 43% month-to-month. The import price peaked at $1,395 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($10,706 per ton), while the price for Ukraine ($463 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 Poland (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Millet Exports in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of millet, when their volume decreased by -11.4% to 7.2K tons. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 9.2% against the previous year. As a result, the exports attained the peak of 8.1K tons, and then reduced in the following year.
In value terms, millet exports shrank to $5.1M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of $5.8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Millet in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,448 | 4,320 | 3,258 | 3,363 | -0.8% |
| Italy | 309 | 347 | 808 | 601 | 24.8% |
| Switzerland | 359 | 541 | 250 | 426 | 5.9% |
| Netherlands | 170 | 176 | 571 | 333 | 25.1% |
| Hungary | 295 | 171 | 96.9 | 87.1 | -33.4% |
| Others | 249 | 290 | 382 | 254 | 0.7% |
| Total | 4,829 | 5,845 | 5,366 | 5,063 | 1.6% |
Top Export Markets for Millet from Austria in 2022:
- Germany (4.8K tons)
- Italy (1.2K tons)
- Netherlands (0.5K tons)
- Switzerland (0.4K tons)
- Hungary (0.1K tons)
Millet Imports in Austria
In 2022, supplies from abroad of millet was finally on the rise to reach 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep slump.
In value terms, millet imports soared to $2M in 2022. In general, imports recorded a relatively flat trend pattern.
| Import of Millet in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 464 | 806 | 786 | 863 | 23.0% |
| Poland | N/A | 106 | 272 | 713 | 159.4% |
| Czech Republic | 139 | 121 | 137 | 135 | -1.0% |
| Hungary | 181 | 111 | 62.9 | 117 | -13.5% |
| Netherlands | 34.4 | 579 | 149 | 47.1 | 11.0% |
| Slovakia | N/A | 26.5 | 110 | 38.1 | 19.9% |
| Russia | 63.1 | 7.0 | N/A | 36.6 | -16.6% |
| Romania | 284 | 90.3 | N/A | N/A | -68.2% |
| Ukraine | 481 | 157 | 34.0 | N/A | -73.4% |
| Others | 289 | 116 | 107 | 38.9 | -48.8% |
| Total | 1,935 | 2,120 | 1,659 | 1,989 | 0.9% |
Top Suppliers of Millet to Austria in 2022:
- Poland (622.3 tons)
- Germany (537.5 tons)
- Hungary (297.3 tons)
- Czech Republic (244.4 tons)
- Slovakia (87.7 tons)
- Russia (57.9 tons)
- Netherlands (19.4 tons)
This report provides an in-depth analysis of the millet 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 79 - Millet
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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