Austria: Sugar Crop Market 2024

Sugar Crop Market Size in Austria

The Austrian sugar crop market shrank to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Sugar crop consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Sugar Crop Production in Austria

In value terms, sugar crop production shrank dramatically to $X in 2022 estimated in export price. In general, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Sugar crop production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of sugar crops in Austria contracted modestly to X tons per ha, standing approx. at 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the average sugar crop yield attained the peak level at X tons per ha in 2014; however, from 2015 to 2022, the 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.

In 2022, approx. X ha of sugar crops were harvested in Austria; with a decrease of X% against 2021. Overall, the harvested area saw a noticeable shrinkage. The growth pace was the most rapid in 2021 when the harvested area increased by X%. The sugar crop harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Crop Exports

Exports from Austria

In 2022, approx. X tons of sugar crops were exported from Austria; shrinking by X% compared with 2021 figures. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sugar crop exports shrank rapidly to $X in 2022. Overall, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for sugar crop exports from Austria, accounting for a X% share of total exports. Moreover, sugar crop exports to Germany exceeded the volume sent to the second major destination, Lithuania (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Poland (X% per year).

In value terms, Germany ($X) remains the key foreign market for sugar crops exports from Austria, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Crop Imports

Imports into Austria

In 2022, the amount of sugar crops imported into Austria contracted remarkably to X tons, reducing by X% against the year before. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar crop imports soared to $X in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of sugar crop imports to Austria, with a combined X% share of total imports.

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

In value terms, the Netherlands ($X) constituted the largest supplier of sugar crops to Austria, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average sugar crop import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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