Austria: Market for Orange Juice (Single Strength) 2023

Market Size for Orange Juice (Single Strength) in Austria

The Austrian orange juice (single strength) market soared to $X in 2022, with an increase of 87% against the previous year. In general, consumption recorded a buoyant increase. Orange juice (single strength) consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Orange Juice (Single Strength) in Austria

In value terms, orange juice (single strength) production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 13% against the previous year. Orange juice (single strength) production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports from Austria

In 2022, approx. X tons of orange juice (single strength) were exported from Austria; picking up by 1.5% compared with 2021 figures. Over the period under review, total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.2% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, orange juice (single strength) exports shrank modestly to $X in 2022. Overall, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for orange juice (single strength) exports from Austria, with a 36% share of total exports. Moreover, orange juice (single strength) exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold. The third position in this ranking was taken by Romania (X tons), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+7.1% per year) and Romania (+13.7% per year).

In value terms, Germany ($X) remains the key foreign market for orange juice (single strength) exports from Austria, comprising 40% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of total exports. It was followed by Romania, with a 6.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+5.9% per year) and Romania (+11.5% per year).

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, falling by -2.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 5.7% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Slovenia ($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 France (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into Austria

In 2022, overseas purchases of orange juice (single strength) increased by 28% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, orange juice (single strength) imports reached $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of orange juice (single strength) to Austria, with a 53% share of total imports. Moreover, orange juice (single strength) imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by Hungary (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.1% per year) and Hungary (+35.4% per year).

In value terms, the largest orange juice (single strength) suppliers to Austria were Germany ($X), the Netherlands ($X) and Hungary ($X), with a combined 90% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +29.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, dropping by -18.4% against the previous year. Overall, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 9.1% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Brazil ($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 Czech Republic (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :