Austria: Wheat Gluten Market 2024

Wheat Gluten Market Size in Austria

The Austrian wheat gluten market expanded sharply to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Wheat Gluten Production in Austria

In value terms, wheat gluten production amounted to less than $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern.

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Wheat Gluten Exports

Exports from Austria

Wheat gluten exports from Austria amounted to X tons in 2022, approximately equating the previous year. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, wheat gluten exports totaled $X in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main destinations of wheat gluten exports from Austria, together accounting for X% of total exports. Hungary, Brazil, France, Switzerland, the Czech Republic, Japan, the United States, Colombia, Croatia and Greece lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Italy ($X) appeared to be the largest markets for wheat gluten exported from Austria worldwide, together comprising X% of total exports. Hungary, Brazil, France, the United States, Switzerland, the Czech Republic, Japan, Greece, Croatia and Colombia lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

In 2022, the average wheat gluten export price amounted to $X per ton, stabilizing at the previous year. In general, the export price saw a pronounced slump. The growth pace was the most rapid in 2013 a decrease of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the average price for exports to Japan ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Wheat Gluten Imports

Imports into Austria

For the third year in a row, Austria recorded decline in purchases abroad of wheat gluten, which decreased by X% to X tons in 2022. Overall, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, wheat gluten imports expanded notably to $X in 2022. In general, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of wheat gluten imports to Austria, together comprising X% of total imports. The Czech Republic and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) were the largest wheat gluten suppliers to Austria, with a combined X% share of total imports. The Czech Republic and Slovakia lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheat gluten import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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