
Austria - Wheat and Meslin Flour - Market Analysis, Forecast, Size, Trends and Insights
Austria: Market for Wheat and Meslin Flour 2023
Market Size for Wheat and Meslin Flour in Austria
The Austrian wheat and meslin flour market reduced slightly to $X in 2021, dropping by -3.4% against the previous year. Over the period under review, consumption, however, saw a perceptible reduction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Production of Wheat and Meslin Flour in Austria
In value terms, wheat and meslin flour production reduced modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of 9.5% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.
Exports of Wheat and Meslin Flour
Exports from Austria
In 2021, after three years of decline, there was significant growth in overseas shipments of wheat and meslin flour, when their volume increased by 14% to X tons. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, wheat and meslin flour exports soared to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
The Czech Republic (X tons), Germany (X tons) and Slovenia (X tons) were the main destinations of wheat and meslin flour exports from Austria, together accounting for 56% of total exports. These countries were followed by Hungary, Croatia, Kosovo and Italy, which together accounted for a further 33%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +42.5%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for wheat and meslin flour exported from Austria were Germany ($X), the Czech Republic ($X) and Slovenia ($X), with a combined 58% share of total exports. Hungary, Croatia, Italy and Kosovo lagged somewhat behind, together comprising a further 28%.
Among the main countries of destination, Croatia, with a CAGR of +42.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average wheat and meslin flour export price amounted to $X per ton, picking up by 5.3% 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 2018 when the average export price increased by 16%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Kosovo ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wheat and Meslin Flour
Imports into Austria
In 2021, overseas purchases of wheat and meslin flour increased by 2.4% to X tons, rising for the second consecutive year after five years of decline. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 15% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, wheat and meslin flour imports reached $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 16% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Germany (X tons) constituted the largest wheat and meslin flour supplier to Austria, with a 81% share of total imports. Moreover, wheat and meslin flour imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tons), eightfold. The third position in this ranking was held by Italy (X tons), with a 4.5% share.
From 2012 to 2021, the average annual growth rate of volume from Germany totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+3.8% per year) and Italy (+15.8% per year).
In value terms, Germany ($X) constituted the largest supplier of wheat and meslin flour to Austria, comprising 66% of total imports. The second position in the ranking was held by Switzerland ($X), with a 23% share of total imports. It was followed by Italy, with a 7.6% share.
From 2012 to 2021, the average annual growth rate of value from Germany totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+4.3% per year) and Italy (+19.1% per year).
Import Prices by Country
The average wheat and meslin flour import price stood at $X per ton in 2021, growing by 9.4% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for wheat and meslin flour 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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