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Austria - Vanilla - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Vanilla Market Overview 2021

Vanilla Market Size in Austria

In 2020, the Austrian vanilla market decreased by -X% to $X for the first time since 2012, thus ending a seven-year rising trend. Overall, consumption, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019, and then shrank notably in the following year.

Vanilla Exports

Exports from Austria

In 2020, after seven years of decline, there was significant decline in overseas shipments of vanilla, when their volume decreased by -X% to X tonnes. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, vanilla exports fell to $X in 2020. In general, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X kg), the Czech Republic (X kg) and Germany (X kg) were the main destinations of vanilla exports from Austria, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in the Czech Republic, while shipments for the other leaders experienced a decline.

In value terms, Germany ($X), Switzerland ($X) and Russia ($X) were the largest markets for vanilla exported from Austria worldwide, with a combined X% share of total exports. Poland, the Czech Republic, Hungary and Italy lagged somewhat behind, together comprising a further X Czech Republic saw the highest growth rate of 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

The average vanilla export price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Russia ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 more modest paces of growth.

Vanilla Imports

Imports into Austria

In 2020, approx. X tonnes of vanilla were imported into Austria; with a decrease of -X% on 2019. Over the period under review, imports recorded a slight downturn. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, vanilla imports contracted dramatically to $X in 2020. In general, imports posted strong growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then contracted markedly in the following year.

Imports by Country

In 2020, Madagascar (X tonnes) constituted the largest supplier of vanilla to Austria, with a X% share of total imports. Moreover, vanilla imports from Madagascar exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Madagascar was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Poland (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Madagascar stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Uganda (+X% per year).

Import Prices by Country

The average vanilla import price stood at $X per tonne in 2020, rising by X% against the previous year. In general, the import price posted resilient growth. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Madagascar ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vanilla in the world?
+
The country with the largest volume of vanilla consumption was Indonesia (2.3K tonnes), comprising approx. 32% of total volume. Moreover, vanilla consumption in Indonesia exceeded the figures recorded by the second-largest consumer, the U.S. (941 tonnes), twofold. The third position in this ranking was occupied by Mexico (528 tonnes), with a 7.1% share.
What are the largest producers of vanilla in the world?
+
The countries with the highest volumes of vanilla production in 2020 were Indonesia (2.5K tonnes), Madagascar (2.3K tonnes) and Mexico (532 tonnes), together comprising 73% of global production. Papua New Guinea, China, Turkey and Uganda lagged somewhat behind, together comprising a further 21%.
What are the leading suppliers of vanilla to Austria?
+
In value terms, Madagascar ($3.4M) constituted the largest supplier of vanilla to Austria, comprising 66% of total imports. The second position in the ranking was occupied by Germany ($773K), with a 15% share of total imports. It was followed by Uganda, with a 9.8% share.
What are the leading importers of vanilla from Austria?
+
In value terms, the largest markets for vanilla exported from Austria were Germany ($316K), Switzerland ($288K) and Russia ($239K), with a combined 54% share of total exports. These countries were followed by Poland, the Czech Republic, Hungary and Italy, which together accounted for a further 33%.
What is the average export price for vanilla in Austria?
+
In 2020, the average vanilla export price amounted to $516,333 per tonne, increasing by 24% against the previous year.
What is the average import price for vanilla in Austria?
+
The average vanilla import price stood at $325,438 per tonne in 2020, with an increase of 49% against the previous year.

Product coverage:
• FCL 692 - Vanilla

This report provides an in-depth analysis of the vanilla 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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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