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Austria - Crude Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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Austria: Crude Palm Oil Market Overview 2021

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Crude Palm Oil Market Size in Austria

In 2019, the Austrian crude palm oil market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a pronounced descent. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Crude Palm Oil Production in Austria

In value terms, crude palm oil production totaled $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. As a result, production reached the peak level of $X. From 2010 to 2019, production growth remained at a lower figure.

Crude Palm Oil Exports

Exports from Austria

After three years of growth, overseas shipments of crude palm oil decreased by -X% to X tonnes in 2019. Over the period under review, exports, however, saw a measured expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports remained at a lower figure.

In value terms, crude palm oil exports declined significantly to $X in 2019. In general, exports, however, continue to indicate a perceptible increase. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

Germany (X tonnes) was the main destination for crude palm oil exports from Austria, with a X% share of total exports. Moreover, crude palm oil exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) emerged as the key foreign market for crude palm oil exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

Export Prices by Country

In 2019, the average crude palm oil export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Crude Palm Oil Imports

Imports into Austria

In 2019, approx. X tonnes of crude palm oil were imported into Austria; approximately mirroring the previous year's figure. Overall, imports showed a slight descent. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, crude palm oil imports expanded significantly to $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest supplier of crude palm oil to Austria, with a X% share of total imports. Moreover, crude palm oil imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), twofold.

From 2007 to 2019, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Colombia (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of crude palm oil to Austria, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Colombia (+X% per year).

Import Prices by Country

In 2019, the average crude palm oil import price amounted to $X per tonne, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude palm oil in the world?
+
Indonesia (36M tonnes) remains the largest crude palm oil consuming country worldwide, comprising approx. 46% of total volume. Moreover, crude palm oil consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Malaysia (17M tonnes), twofold. The third position in this ranking was occupied by India (6.6M tonnes), with a 8.5% share.
What are the largest producers of crude palm oil in the world?
+
Indonesia (44M tonnes) remains the largest crude palm oil producing country worldwide, accounting for 58% of total volume. Moreover, crude palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, Malaysia (20M tonnes), twofold. The third position in this ranking was occupied by Thailand (3M tonnes), with a 4% share.
What are the leading suppliers of crude palm oil to Austria?
+
In value terms, Germany ($4M) constituted the largest supplier of crude palm oil to Austria, comprising 80% of total imports. The second position in the ranking was occupied by the Netherlands ($837K), with a 17% share of total imports.
What are the leading importers of crude palm oil from Austria?
+
In value terms, Germany ($1.3M) emerged as the key foreign market for crude palm oil exports from Austria, comprising 75% of total exports. The second position in the ranking was occupied by the Netherlands ($385K), with a 22% share of total exports.
What is the average export price for crude palm oil in Austria?
+
The average crude palm oil export price stood at $874 per tonne in 2019, with a decrease of -18.6% against the previous year.
What is the average import price for crude palm oil in Austria?
+
The average crude palm oil import price stood at $1,423 per tonne in 2019, growing by 10% against the previous year.

Product coverage:
• FCL 257 - Oil of palm

This report provides an in-depth analysis of the crude palm oil market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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