Austria: Cereal Flour Market Overview 2020

Cereal Flour Market Size in Austria

In 2018, market revenue of cereal flours was finally on the rise to reach $X for the first time since 2013, thus ending a four-year declining trend. Overall, cereal flour consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the cereal flour market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Cereal Flour Production in Austria

In value terms, cereal flour production reached $X in 2018 estimated in export prices. Overall, cereal flour production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Austria cereal flour production peaked at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Cereal Flour Exports

Exports from Austria

In 2018, the amount of cereal flours exported from Austria stood at X tonnes, waning by -X% on the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, cereal flour exports reached their maximum at X tonnes in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, cereal flour exports contracted to $X in 2018. Overall, cereal flour exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Austria exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Turkey (X tonnes) and Kazakhstan (X tonnes) represented the main exporters of cereal floursaround the world, together comprising X% of total exports. It was distantly followed by Germany (X tonnes), achieving a X% share of total exports. Argentina (X tonnes), Pakistan (X tonnes), Belgium (X tonnes), Egypt (X tonnes), the U.S. (X tonnes), France (X tonnes), Uzbekistan (X tonnes), Mexico (X tonnes) and Canada (X tonnes) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Uzbekistan (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest cereal flour supplier from Austria, comprising X% of global exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Turkey, cereal flour exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the cereal flour export price in Austria amounted to $X per tonne, with an increase of X% against the previous year. Overall, the cereal flour export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Austria export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Canada ($X per tonne), while Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Cereal Flour Imports

Imports into Austria

For the fourth consecutive year, into Austria recorded decline in imports of cereal flours, which decreased by -X% to X tonnes in 2018. Over the period under review, cereal flour imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. In that year, cereal flour imports attained their peak of X tonnes. From 2012 to 2018, the growth of cereal flour imports remained at a lower figure.

In value terms, cereal flour imports fell to $X in 2018. Over the period under review, the total imports indicated moderate growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, cereal flour imports reached their peak of $X. From 2012 to 2018, the growth of cereal flour imports failed to regain its momentum.

Imports by Country

Afghanistan (X tonnes) and Iraq (X tonnes) represented roughly X% of total imports of cereal flours in 2018. The following importers - Uzbekistan (X tonnes), the Netherlands (X tonnes), Angola (X tonnes), the U.S. (X tonnes), Syrian Arab Republic (X tonnes), France (X tonnes), Brazil (X tonnes), Guinea (X tonnes), Bolivia (X tonnes) and Somalia (X tonnes) - together made up X% of total imports.

From 2007 to 2018, the biggest increases were in Guinea, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal flour importing markets into Austria were Iraq ($X), Afghanistan ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, France, Angola, Guinea, Brazil, Syrian Arab Republic, Uzbekistan, Bolivia and Somalia, which together accounted for a further X the main importing countries, Guinea recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cereal flour import price in Austria amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Austria import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform