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Austria - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Austria: Animal Fats Market Overview 2021

Animal Fats Market Size in Austria

For the third year in a row, the Austrian animal fats market recorded decline in sales value, which decreased by -X% to $X in 2019. Over the period under review, consumption recorded a mild contraction. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Animal fats consumption peaked at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Animal Fats Production in Austria

In value terms, animal fats production reached $X in 2019 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2019, production failed to regain the momentum.

Animal Fats Exports

Exports from Austria

For the sixth year in a row, Austria recorded growth in shipments abroad of animal fats and oils, which increased by X% to X tonnes in 2019. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure in 2019 and are likely to see gradual growth in the near future.

In value terms, animal fats exports expanded to $X in 2019. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

Italy (X tonnes) was the main destination for animal fats exports from Austria, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Italy totaled +X%.

In value terms, Italy ($X) also remains the key foreign market for animal fats exports from Austria.

From 2007 to 2019, the average annual growth rate of value to Italy totaled +X%.

Export Prices by Country

The average animal fats export price stood at $X per tonne in 2019, falling by -X% against the previous year. Overall, the export price recorded a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2007 to 2019, the rate of growth in terms of prices for Italy amounted to -X% per year.

Animal Fats Imports

Imports into Austria

In 2019, supplies from abroad of animal fats and oils decreased by -X% to X tonnes, falling for the fifth year in a row after three years of growth. Overall, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2009 to 2019, the growth imports failed to regain the momentum.

In value terms, animal fats imports expanded markedly to $X in 2019. In general, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

Italy (X tonnes), Germany (X tonnes) and France (X kg) were the main suppliers of animal fats imports to Austria, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Italy, while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of animal fats to Austria, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and France (-X% per year).

Import Prices by Country

In 2019, the average animal fats import price amounted to $X per tonne, jumping by X% against the previous year. In general, the import price saw a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (400K tonnes) remains the largest animal fats consuming country worldwide, accounting for 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
China (404K tonnes) constituted the country with the largest volume of animal fats production, comprising approx. 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (183K tonnes), twofold. Italy (160K tonnes) ranked third in terms of total production with a 6.3% share.
What are the leading suppliers of animal fats and oils to Austria?
+
In value terms, Germany ($29K) constituted the largest supplier of animal fats to Austria, comprising 77% of total imports. The second position in the ranking was occupied by Italy ($7K), with a 19% share of total imports.
What are the leading importers of animal fats and oils from Austria?
+
In value terms, Italy ($495K) remains the key foreign market for animal fats exports from Austria.
What is the average export price for animal fats and oils in Austria?
+
In 2019, the average animal fats export price amounted to $541 per tonne, shrinking by -8% against the previous year.
What is the average import price for animal fats and oils in Austria?
+
The average animal fats import price stood at $4,019 per tonne in 2019, surging by 62% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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