Austria: Fruit Flour Market 2024

Fruit Flour Market Size in Austria

In 2022, the Austrian fruit flour market increased by 2.8% to $X, rising for the second consecutive year after three years of decline. Overall, consumption posted a buoyant expansion. Fruit flour consumption peaked in 2022 and is expected to retain growth in the immediate term.

Fruit Flour Production in Austria

In value terms, fruit flour production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume decreased by 99.9% against the previous year. Fruit flour production peaked in 2022 and is expected to retain growth in years to come.

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Fruit Flour Exports

Exports from Austria

In 2022, shipments abroad of fruit flour decreased by -37% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 137% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, fruit flour exports fell remarkably to $X in 2022. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 186% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for fruit flour exports from Austria, accounting for a 52% share of total exports. Moreover, fruit flour exports to Germany exceeded the volume sent to the second major destination, Turkey (X tons), twofold. Switzerland (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+13.6% per year) and Switzerland (+57.5% per year).

In value terms, Germany ($X) remains the key foreign market for fruit flour exports from Austria, comprising 72% of total exports. The second position in the ranking was held by Turkey ($X), with a 9.3% share of total exports. It was followed by Hungary, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+8.1% per year) and Hungary (+23.8% per year).

Export Prices by Country

In 2022, the average fruit flour export price amounted to $X per ton, which is down by -6.6% against the previous year. Overall, the export price saw a mild decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 25% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Turkey ($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 Germany (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit Flour Imports

Imports into Austria

Fruit flour imports into Austria contracted to X tons in 2022, waning by -7% compared with 2021. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, fruit flour imports fell to $X in 2022. Overall, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 52%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of fruit flour imports to Austria, with a combined 90% share of total imports. Bulgaria, the Netherlands, Senegal and the United States lagged somewhat behind, together accounting for a further 7.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +88.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit flour suppliers to Austria were Germany ($X), Turkey ($X) and Italy ($X), with a combined 87% share of total imports. The Netherlands, Bulgaria, Senegal and the United States lagged somewhat behind, together accounting for a further 7.2%.

The Netherlands, with a CAGR of +104.4%, saw 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 2022, the average fruit flour import price amounted to $X per ton, rising by 2.3% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit flour import price increased by +25.2% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 37%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 the Netherlands ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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