Austria - Wheat Or Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights

Austria: Wheat Flour Market Overview 2020

Wheat Flour Market Size in Austria

The revenue of the wheat flour market in Austria amounted to $X in 2018, rising by X% against the previous year. Over the period under review, the total market indicated a mild increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Wheat flour consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Wheat Flour Production in Austria

In value terms, wheat flour production totaled $X in 2018 estimated in export prices. Over the period under review, wheat flour production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when production volume increased by X% year-to-year. Wheat flour production peaked at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Wheat Flour Exports

Exports from Austria

Wheat flour exports from Austria amounted to X tonnes in 2018, dropping by -X% against the previous year. In general, the total exports indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat flour exports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, wheat flour exports stood at $X in 2018. In general, the total exports indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat flour exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Over the period under review, wheat flour exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X tonnes), Slovenia (X tonnes) and Italy (X tonnes) were the main destinations of wheat flour exports from Austria, with a combined X% share of total exports. The Czech Republic and Hungary lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat flour exported from Austria were Germany ($X), Slovenia ($X) and Italy ($X), together accounting for X% of total exports. These countries were followed by the Czech Republic and Hungary, which together accounted for a further X Czech Republic experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wheat flour export price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the wheat flour export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, the average export prices for wheat or meslin flour attained their peak figure at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2018, the countries with the highest prices were the Czech Republic ($X per tonne) and Italy ($X per tonne), while the average price for exports to Hungary ($X per tonne) and Slovenia ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced mixed trend patterns.

Wheat Flour Imports

Imports into Austria

In 2018, approx. X tonnes of wheat or meslin flour were imported into Austria; approximately equating the previous year. Over the period under review, the total imports indicated resilient growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wheat flour imports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, wheat flour imports totaled $X in 2018. Over the period under review, wheat flour imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, wheat flour imports attained their peak of $X. From 2012 to 2018, the growth of wheat flour imports remained at a lower figure.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest wheat flour supplier to Austria, with a X% share of total imports. Moreover, wheat flour imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tonnes), fourfold. Hungary (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and Hungary (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2018, the average wheat flour import price amounted to $X per tonne, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. In that year, the average import prices for wheat or meslin flour attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for wheat or meslin flour failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per tonne), while the price for Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform