Price for Protein; Concentrates and Textured Protein Substances in Austria - 2023
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Austria (CIF) - 2023
- Price for Protein; Concentrates and Textured Protein Substances in Austria (FOB) - 2023
- Imports of Protein; Concentrates and Textured Protein Substances in Austria
- Exports of Protein; Concentrates and Textured Protein Substances in Austria
Price for Protein; Concentrates and Textured Protein Substances in Austria (CIF) - 2023
The average import price for protein; concentrates and textured protein substanceses stood at $12,806 per ton in September 2023, rising by 23% against the previous month. Overall, the import price showed a buoyant increase. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 66% month-to-month. Over the period under review, average import prices hit record highs at $16,524 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 the UK ($7,596 per ton), while the price for India ($3,825 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Austria (FOB) - 2023
In September 2023, the average export price for protein; concentrates and textured protein substanceses amounted to $3,690 per ton, rising by 15% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in February 2023 an increase of 49% against the previous month. As a result, the export price reached the peak level of $4,558 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Switzerland ($4,172 per ton) and the UK ($3,353 per ton), while the average price for exports to Israel ($2,798 per ton) and Liechtenstein ($2,822 per ton) were amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Austria
Imports of protein; concentrates and textured protein substanceses into Austria shrank dramatically to 3.2K tons in 2022, declining by -24.8% compared with the previous year's figure. Over the period under review, imports saw a abrupt setback. The smallest decline of -3.8% was in 2020.
In value terms, imports of protein; concentrates and textured protein substanceses fell to $22M in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 27%.
| Import of Protein; Concentrates and Textured Protein Substances in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 7.6 | 8.7 | 9.9 | 24.7% |
| Netherlands | 0.4 | 2.6 | 4.4 | 4.5 | 124.1% |
| Switzerland | 0.2 | 2.6 | 2.7 | 2.1 | 119.0% |
| Hungary | 4.3 | 2.5 | 1.2 | 1.5 | -29.6% |
| Poland | 0.3 | 1.2 | 2.4 | 1.0 | 49.4% |
| Serbia | 0.5 | 0.6 | 0.6 | 0.4 | -7.2% |
| Belgium | 0.3 | 0.4 | 0.6 | 0.3 | 0.0% |
| United Kingdom | 2.3 | 0.9 | 0.3 | 0.1 | -64.8% |
| Others | 2.2 | 1.4 | 2.9 | 2.1 | -1.5% |
| Total | 15.6 | 19.8 | 23.8 | 21.9 | 12.0% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Austria in 2022:
- Germany (1102.4 tons)
- Netherlands (584.8 tons)
- Poland (442.2 tons)
- Switzerland (442.0 tons)
- Serbia (250.2 tons)
- Hungary (126.6 tons)
- Belgium (94.6 tons)
- United Kingdom (14.5 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Austria
For the fourth year in a row, Austria recorded growth in shipments abroad of protein; concentrates and textured protein substanceses, which increased by 60% to 4.7K tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of protein; concentrates and textured protein substanceses surged to $14M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 49%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Protein; Concentrates and Textured Protein Substances in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,337 | 4,560 | 5,089 | 6,583 | 25.4% |
| Italy | 165 | 924 | 1,460 | 1,852 | 123.9% |
| Netherlands | 6.0 | 132 | 524 | 700 | 388.6% |
| Russia | 1.0 | 86.9 | 28.1 | 503 | 695.3% |
| Spain | 8.4 | 35.8 | 234 | 489 | 287.6% |
| France | 19.5 | 99.9 | 262 | 474 | 189.7% |
| United States | 139 | 401 | 1,420 | 428 | 45.5% |
| United Kingdom | 24.1 | 198 | 12.8 | 421 | 159.5% |
| Belgium | 2.7 | 8.0 | 109 | 242 | 347.5% |
| Others | 1,683 | 1,562 | 2,777 | 2,433 | 13.1% |
| Total | 5,385 | 8,009 | 11,917 | 14,125 | 37.9% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Austria in 2022:
- Germany (2145.4 tons)
- Italy (822.2 tons)
- Netherlands (294.9 tons)
- France (242.7 tons)
- Spain (201.2 tons)
- United Kingdom (174.6 tons)
- Belgium (129.4 tons)
- Russia (101.7 tons)
- United States (74.8 tons)
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