Austria: Beef Market 2020

Beef Market Size in Austria

The revenue of the beef market in Austria amounted to $X in 2017, increasing by X% against the previous year. In general, beef consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2016, when market value increased by X% year-to-year. Over the period under review, the beef market attained its peak figure level in 2017, and is likely to continue its growth in the near future.

Beef Production in Austria

Beef production in Austria amounted to X tons in 2017, approximately reflecting the previous year. Overall, beef production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. Austria beef production peaked in 2017, and is likely to see steady growth in the near future. Beef output in Austria indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a relatively flat trend pattern in yield figures.

In 2017, average yield of beef (cattle meat) in Austria totaled X kg per head, dropping by -X% against the previous year. Overall, beef yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when yield increased by X% year-to-year. Austria beef yield peaked of X kg per head in 2016, and then declined slightly in the following year.

In 2017, approx. X head of beef (cattle meat) were slaughtered in Austria; reducing by -X% against the previous year. In general, beef producing animals continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, this number reached its maximum figure of X heads in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Beef Exports from Austria

Beef exports from Austria stood at X tons in 2017, going up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Austria exports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, beef exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. Austria exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Beef Exports by Country from Austria

In 2017, India (X tons), Brazil (X tons), Australia (X tons) and the U.S. (X tons) were the main exporters of beef (cattle meat) in the world, constituting X% of total export. The following exporters - the Netherlands (X tons), New Zealand (X tons), Poland (X tons), Ireland (X tons), Paraguay (X tons), Canada (X tons), Uruguay (X tons) and Argentina (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Austria, which together accounted for a further X%.

India (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Austria

The beef export price in Austria stood at $X per ton in 2017, increasing by X% against the previous year. In general, beef export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Over the period under review, the export prices for beef (cattle meat) attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Austria

Beef imports into Austria stood at X tons in 2017, coming up by X% against the previous year. Overall, the total imports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef imports increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, the beef imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, beef imports stood at $X in 2017. Overall, the total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef imports increased by +X% against 2015 indices. Austria imports peaked in 2017, and are likely to see steady growth in the near future.

Beef Imports by Country into Austria

In 2017, the U.S. (X tons), Vietnam (X tons), China (X tons), Japan (X tons), China, Hong Kong SAR (X tons), Italy (X tons), South Korea (X tons), the Netherlands (X tons), Germany (X tons), Egypt (X tons), Russia (X tons) and the UK (X tons) were the major importers of beef (cattle meat) in the world, generating X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), China ($X) and Japan ($X), with a combined X% share of total imports. Vietnam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia, Egypt and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Vietnam (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Austria

In 2017, the beef import price in Austria amounted to $X per ton, growing by X% against the previous year. Overall, beef import price continues to indicate a temperate slump. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Over the period under review, the import prices for beef (cattle meat) reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform