Report Update: May 1, 2024

Austria - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights

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Peanut Butter Price in Austria - 2023

Peanut Butter Price in Austria (CIF) - 2023

In August 2023, the average peanut butter import price amounted to $4,369 per ton, with an increase of 7.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the maximum in August 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($7,826 per ton), while the price for Poland ($2,810 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Greece (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Peanut Butter Price in Austria (FOB) - 2023

The average peanut butter export price stood at $6,196 per ton in August 2023, rising by 9.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in December 2022 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices reached the peak figure in August 2023.

Average prices varied somewhat for the major foreign markets. In August 2023, the countries with the highest prices were Germany ($6,662 per ton) and France ($5,687 per ton), while the average price for exports to Slovenia ($4,552 per ton) and Switzerland ($5,117 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports in Austria

Peanut butter imports into Austria totaled 8.9K tons in 2022, increasing by 3.4% compared with 2021 figures. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 7.7%. As a result, imports reached the peak of 9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, peanut butter imports shrank modestly to $30M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of $31M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Peanut Butter in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	12.9	15.2	15.3	14.7	4.5%
Italy	0.7	0.6	1.0	4.9	91.3%
Poland	2.6	2.5	2.4	2.9	3.7%
Netherlands	1.8	2.1	2.4	1.9	1.8%
Slovenia	1.5	1.9	2.0	1.5	0.0%
Switzerland	0.9	1.2	1.4	1.2	10.1%
Argentina	1.2	1.2	1.0	0.6	-20.6%
United States	0.7	0.6	0.9	N/A	13.4%
Luxembourg	1.4	1.4	N/A	N/A	0.0%
Egypt	2.8	2.7	3.0	N/A	3.5%
Others	1.8	1.7	1.3	1.9	1.8%
Total	28.2	31.2	30.7	29.6	1.6%

Top Suppliers of Peanut Butter to Austria in 2022:

Germany (4322.1 tons)
Italy (1514.7 tons)
Poland (1279.0 tons)
Netherlands (517.5 tons)
Switzerland (237.8 tons)
Argentina (228.6 tons)
Slovenia (181.1 tons)
United States (2.5 tons)

Peanut Butter Exports in Austria

In 2022, peanut butter exports from Austria dropped to 938 tons, waning by -8.6% against the previous year. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 8.3% against the previous year. As a result, the exports reached the peak of 1K tons, and then contracted in the following year.

In value terms, peanut butter exports dropped to $4.3M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of $4.8M, and then declined in the following year.

Export of Peanut Butter in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,396	1,736	2,162	2,155	15.6%
Italy	493	518	483	435	-4.1%
France	304	340	441	338	3.6%
Slovenia	337	450	365	295	-4.3%
Switzerland	538	231	203	254	-22.1%
Hungary	173	308	336	211	6.8%
Croatia	245	209	105	106	-24.4%
Romania	2.2	0.8	172	66.2	211.0%
Greece	83.8	87.4	98.2	66.0	-7.7%
Slovakia	43.4	81.4	114	65.0	14.4%
Czech Republic	17.3	17.5	59.3	51.1	43.5%
Bulgaria	N/A	1.6	6.6	36.6	378.3%
Others	217	117	234	184	-5.4%
Total	3,850	4,097	4,778	4,263	3.5%

Top Export Markets for Peanut Butter from Austria in 2022:

Germany (421.6 tons)
Italy (102.4 tons)
Slovenia (81.0 tons)
France (80.2 tons)
Switzerland (56.4 tons)
Hungary (41.5 tons)
Romania (23.5 tons)
Croatia (22.3 tons)
Slovakia (19.6 tons)
Greece (16.6 tons)
Czech Republic (15.8 tons)
Bulgaria (14.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peanut butter 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 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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