Austria: Green Bean Market Overview 2021

Green Bean Market Size in Austria

In 2020, the Austrian green bean market increased by X% to $X, rising for the fourth consecutive year after four years of decline. In general, the total consumption indicated a notable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Green bean consumption peaked in 2020 and is likely to continue growth in the near future.

Green Bean Production in Austria

In value terms, green bean production contracted modestly to $X in 2020 estimated in export prices. Overall, production saw a noticeable expansion. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. Green bean production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

In 2020, the average yield of green beans in Austria contracted slightly to X tonnes per ha, with a decrease of -X% against 2019 figures. Over the period under review, the yield recorded a pronounced downturn. The growth pace was the most rapid in 2011 when the yield increased by X% y-o-y. The green bean yield peaked at X tonnes per ha in 2012; however, from 2013 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of green beans were harvested in Austria; growing by X% compared with the previous year. In general, the harvested area posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the harvested area increased by X% against the previous year. The green bean harvested area peaked in 2020 and is likely to see gradual growth in the immediate term.

Green Bean Exports

Exports from Austria

In 2020, the amount of green beans exported from Austria skyrocketed to X tonnes, surging by X% on the year before. Overall, exports saw a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, green bean exports surged to $X in 2020. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Slovenia (X tonnes) was the main destination for green bean exports from Austria, with a X% share of total exports. Moreover, green bean exports to Slovenia exceeded the volume sent to the second major destination, Germany (X tonnes), threefold. The third position in this ranking was occupied by Hungary (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovenia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Hungary (+X% per year).

In value terms, Slovenia ($X) remains the key foreign market for green bean exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Slovenia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Slovakia (+X% per year).

Export Prices by Country

In 2020, the average green bean export price amounted to $X per tonne, declining by -X% against the previous year. In general, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, green bean export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports

Imports into Austria

After two years of decline, overseas purchases of green beans increased by X% to X tonnes in 2020. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. from 2018 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, green bean imports amounted to $X in 2020. Overall, total imports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Morocco (X tonnes), Egypt (X tonnes) and Italy (X tonnes) were the main suppliers of green bean imports to Austria, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Morocco, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest green bean suppliers to Austria were Morocco ($X), Egypt ($X) and Italy ($X), with a combined X% share of total imports.

Morocco recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average green bean import price amounted to $X per tonne, declining by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2019, and then declined in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for green beans in the world?

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China (23M tonnes) constituted the country with the largest volume of green bean consumption, comprising approx. 76% of total volume. Moreover, green bean consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia (954K tonnes), more than tenfold. The U.S. (843K tonnes) ranked third in terms of total consumption with a 2.8% share.

What are the largest producers of green beans in the world?

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China (23M tonnes) constituted the country with the largest volume of green bean production, comprising approx. 76% of total volume. Moreover, green bean production in China exceeded the figures recorded by the second-largest producer, Indonesia (955K tonnes), more than tenfold. France (817K tonnes) ranked third in terms of total production with a 2.7% share.

What are the leading suppliers of green beans to Austria?

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In value terms, Morocco ($2.1M), Egypt ($1.3M) and Italy ($537K) were the largest green bean suppliers to Austria, with a combined 73% share of total imports.

What are the leading importers of green beans from Austria?

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In value terms, Slovenia ($484K) remains the key foreign market for green bean exports from Austria, comprising 65% of total exports. The second position in the ranking was occupied by Germany ($95K), with a 13% share of total exports. It was followed by Slovakia, with a 8.6% share.

What is the average export price for green beans in Austria?

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In 2020, the average green bean export price amounted to $3,172 per tonne, shrinking by -3.7% against the previous year.

What is the average import price for green beans in Austria?

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In 2020, the average green bean import price amounted to $2,803 per tonne, with a decrease of -3.9% against the previous year.