Starches; Inulin Price in Austria - 2023
Contents:
- Starches; Inulin Price in Austria (CIF) - 2023
- Starches; Inulin Price in Austria (FOB) - 2023
- Starches; Inulin Imports in Austria
- Starches; Inulin Exports in Austria
Starches; Inulin Price in Austria (CIF) - 2023
The average starches; inulin import price stood at $1,504 per ton in August 2023, increasing by 16% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in October 2022 an increase of 28% month-to-month. The import price peaked in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,441 per ton), while the price for Hungary ($524 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 France (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Austria (FOB) - 2023
The average starches; inulin export price stood at $5,638 per ton in August 2023, growing by 2.8% against the previous month. Overall, export price indicated a pronounced expansion from August 2022 to August 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 August 2023 figures, starches; inulin export price increased by +2.8% against July 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 27% month-to-month. The export price peaked at $5,920 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Turkey ($6,429 per ton), while the average price for exports to Italy ($2,227 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Starches; Inulin Imports in Austria
In 2022, the amount of starches; inulins imported into Austria surged to 30K tons, with an increase of 22% compared with the year before. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, starches; inulin imports soared to $29M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Starches; Inulin in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 5.8 | 6.9 | 11.2 | 32.6% |
| Belgium | 3.5 | 3.2 | 5.7 | 6.1 | 20.3% |
| Romania | 1.9 | 0.6 | 0.6 | 2.7 | 12.4% |
| Netherlands | 3.0 | 1.6 | 1.9 | 2.6 | -4.7% |
| Hungary | 0.1 | 1.3 | 2.4 | 2.1 | 175.9% |
| France | 1.5 | 1.4 | 0.8 | 1.5 | 0.0% |
| Czech Republic | 0.1 | 0.2 | 0.2 | 1.1 | 122.4% |
| Italy | 0.7 | 0.5 | 0.9 | 0.9 | 8.7% |
| Others | 0.6 | 1.1 | 2.8 | 1.1 | 22.4% |
| Total | 16.2 | 15.7 | 22.2 | 29.3 | 21.8% |
Top Suppliers of Starches; Inulin to Austria in 2022:
- Germany (8.6K tons)
- Hungary (6.8K tons)
- Belgium (3.6K tons)
- France (3.4K tons)
- Romania (3.1K tons)
- Netherlands (1.3K tons)
- Czech Republic (1.2K tons)
- Italy (0.6K tons)
Starches; Inulin Exports in Austria
In 2022, approx. 527 tons of starches; inulins were exported from Austria; growing by 524% on the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin exports surged to $2.1M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Starches; Inulin in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 310 | 427 | 17.9 | 704 | 31.4% |
| United States | 46.6 | 64.9 | 7.1 | 514 | 122.6% |
| United Kingdom | 59.0 | 68.2 | 5.8 | 417 | 91.9% |
| France | 27.9 | 24.8 | N/A | 151 | 75.6% |
| Italy | 25.8 | 40.2 | 5.3 | 55.7 | 29.2% |
| Turkey | 0.7 | 6.0 | 0.1 | 47.0 | 306.4% |
| Poland | 4.5 | 12.3 | N/A | 45.6 | 116.4% |
| Singapore | 128 | 69.0 | 16.7 | 17.2 | -48.8% |
| United Arab Emirates | 17.6 | 36.4 | 11.8 | 0.6 | -67.6% |
| Myanmar | 7.5 | N/A | N/A | N/A | 0% |
| Others | 64.2 | 150 | 226 | 127 | 25.5% |
| Total | 692 | 899 | 290 | 2,078 | 44.3% |
Top Export Markets for Starches; Inulin from Austria in 2022:
- Germany (175.3 tons)
- United States (129.0 tons)
- United Kingdom (92.2 tons)
- France (40.1 tons)
- Turkey (23.6 tons)
- Italy (22.7 tons)
- Poland (11.6 tons)
- Singapore (5.0 tons)
- United Arab Emirates (0.5 tons)
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