Austria: Molasse Market 2024

Molasse Market Size in Austria

After two years of growth, the Austrian molasse market decreased by X% to $X in 2022. Over the period under review, consumption saw a perceptible setback. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Molasse Production in Austria

In value terms, molasse production shrank to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Molasse production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Molasse Exports

Exports from Austria

In 2022, after five years of decline, there was significant growth in shipments abroad of molasses, when their volume increased by X% to X tons. Over the period under review, exports enjoyed a significant expansion. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, molasse exports surged to $X in 2022. In general, exports posted a significant increase. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons), Italy (X tons) and the Czech Republic (X tons) were the main destinations of molasse exports from Austria, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for molasse exported from Austria were Hungary ($X), Italy ($X) and the Czech Republic ($X), together comprising X% of total exports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average molasse export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price posted a temperate increase. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovenia ($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 Italy (X%), while the prices for the other major destinations experienced mixed trend patterns.

Molasse Imports

Imports into Austria

In 2022, overseas purchases of molasses decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, molasse imports shrank to $X in 2022. In general, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of molasse to Austria, accounting for a X% share of total imports. Moreover, molasse imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), threefold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of molasses to Austria, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

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: Switzerland (X% per year) and Slovakia (X% per year).

Import Prices by Country

The average molasse import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, recorded a mild reduction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovakia ($X per ton) and the Czech Republic ($X per ton), while the price for Germany ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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