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Austria - Sorghum - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Sorghum Market Overview 2020

Sorghum Market Size in Austria

The revenue of the sorghum market in Austria amounted to $X in 2018, shrinking by -X% against the previous year. In general, sorghum consumption, however, continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the sorghum market reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Sorghum Production in Austria

In value terms, sorghum production stood at $X in 2018 estimated in export prices. In general, sorghum production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2008 when production volume increased by X% y-o-y. Sorghum production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Average yield of sorghum in Austria amounted to X tonne per ha in 2018, approximately mirroring the previous year. In general, the sorghum yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when yield increased by X% against the previous year. In that year, the average sorghum yield reached its peak level of X tonne per ha. From 2016 to 2018, the growth of the average sorghum yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Sorghum harvested area in Austria stood at X ha in 2018, rising by X% against the previous year. In general, the sorghum harvested area continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when harvested area increased by X% against the previous year. Sorghum harvested area peaked in 2018 and is expected to retain its growth in the immediate term.

Sorghum Exports

Exports from Austria

In 2018, the exports of sorghum from Austria totaled X tonnes, surging by X% against the previous year. Over the period under review, sorghum exports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2009 when exports increased by X% year-to-year. Over the period under review, sorghum exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, sorghum exports stood at $X in 2018. In general, sorghum exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, sorghum exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for sorghum exports from Austria, with a X% share of total exports. Moreover, sorghum exports to Germany exceeded the volume sent to the second major destination, Italy (X tonnes), twofold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Denmark (+X% per year).

In value terms, Germany ($X) remains the key foreign market for sorghum exports from Austria, comprising X% of total sorghum exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

In 2018, the average sorghum export price amounted to $X per tonne, waning by -X% against the previous year. In general, the sorghum export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for sorghum attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for sorghum remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Denmark ($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 the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Sorghum Imports

Imports into Austria

In 2018, the imports of sorghum into Austria amounted to X tonnes, declining by -X% against the previous year. In general, sorghum imports, however, continue to indicate a slight increase. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, sorghum imports attained their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, sorghum imports amounted to $X in 2018. Over the period under review, sorghum imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, sorghum imports reached their maximum at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

Hungary (X tonnes), France (X tonnes) and the U.S. (X tonnes) were the main suppliers of sorghum imports to Austria, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Hungary, while the other leaders experienced more modest paces of growth.

In value terms, the largest sorghum suppliers to Austria were France ($X), the U.S. ($X) and Hungary ($X), with a combined X% share of total imports. These countries were followed by Germany and Russia, which together accounted for a further X terms of the main suppliers, Russia recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sorghum import price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the sorghum import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. In that year, the average import prices for sorghum attained their peak level and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 83 - Sorghum

This report provides an in-depth analysis of the sorghum 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 2030.


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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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