Austria: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Austria

The Austrian market for condensed or evaporated milk (unsweetened) soared to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Austria

In 2022, shipments abroad of condensed or evaporated milk (unsweetened) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, unsweetened condensed and evaporated milk exports expanded sharply to $X in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Italy (X tons), Slovakia (X tons) and Hungary (X tons) were the main destinations of unsweetened condensed and evaporated milk exports from Austria, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Italy ($X) and Hungary ($X) appeared to be the largest markets for unsweetened condensed and evaporated milk exported from Austria worldwide, with a combined X% share of total exports.

Among the main countries of destination, Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Austria

In 2022, purchases abroad of condensed or evaporated milk (unsweetened) increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $X in 2022. Overall, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest unsweetened condensed and evaporated milk supplier to Austria, with a X% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Slovenia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to Austria, comprising X% of total imports. The second position in the ranking was taken by Slovenia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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