Austria - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights

Austria: Ice Cream Market Overview 2020

Ice Cream Market Size in Austria

The revenue of the ice cream market in Austria amounted to $X in 2018, rising by X% against the previous year. In general, the total market indicated modest growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Ice cream consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Ice Cream Production in Austria

In value terms, ice cream production totaled $X in 2018 estimated in export prices. Over the period under review, ice cream production, however, continues to indicate prominent growth. The growth pace was the most rapid in 2012 when production volume increased by X% y-o-y. Over the period under review, ice cream production attained its maximum level in 2018 and is likely to see steady growth in the near future.

Ice Cream Exports

Exports from Austria

In 2018, the ice cream exports from Austria totaled X tonnes, increasing by X% against the previous year. Over the period under review, ice cream exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, ice cream exports stood at $X in 2018. In general, ice cream exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. In that year, ice cream exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Romania (X tonnes), Italy (X tonnes) and Germany (X tonnes) were the main destinations of ice cream exports from Austria, together accounting for X% of total exports.

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

In value terms, Italy ($X), Germany ($X) and Greece ($X) appeared to be the largest markets for ice cream exported from Austria worldwide, with a combined X% share of total exports. These countries were followed by Switzerland, Romania, Slovenia and the Netherlands, which together accounted for a further X terms of the main countries of destination, Romania recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average ice cream export price amounted to $X per tonne, going up by X% against the previous year. Overall, the ice cream export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% y-o-y. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced more modest paces of growth.

Ice Cream Imports

Imports into Austria

In 2018, the amount of ice cream imported into Austria stood at X tonnes, growing by X% against the previous year. Overall, the total imports indicated a temperate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ice cream imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, ice cream imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, ice cream imports amounted to $X in 2018. Overall, ice cream imports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest supplier of ice cream to Austria, with a X% share of total imports. Moreover, ice cream imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), threefold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Italy (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of ice cream to Austria, comprising X% of total ice cream imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Italy (-X% per year).

Import Prices by Country

The average ice cream import price stood at $X per tonne in 2018, waning by -X% against the previous year. Overall, the ice cream import price continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform