Austria: Wheat Flour Market Overview 2021

Wheat Flour Market Size in Austria

The Austrian wheat flour market reduced modestly to $X in 2019, leveling off at the previous year. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Wheat flour consumption peaked at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Wheat Flour Production in Austria

In value terms, wheat flour production reduced to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2011; however, from 2012 to 2019, production stood at a somewhat lower figure.

Wheat Flour Exports

Exports from Austria

In 2019, the amount of wheat or meslin flour exported from Austria fell to X tonnes, waning by -X% against 2018. Overall, total exports indicated a moderate increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2015 indices. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, wheat flour exports declined modestly to $X in 2019. Over the period under review, total exports indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2019, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), Slovenia (X tonnes) and Croatia (X tonnes) were the main destinations of wheat flour exports from Austria, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Slovenia ($X) and Croatia ($X) constituted the largest markets for wheat flour exported from Austria worldwide, together accounting for X% of total exports.

Croatia recorded the highest rates of growth with regard to 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 wheat flour export price stood at $X per tonne in 2019, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Croatia ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 more modest paces of growth.

Wheat Flour Imports

Imports into Austria

In 2019, purchases abroad of wheat or meslin flour decreased by -X% to X tonnes, falling for the fifth year in a row after two years of growth. In general, total imports indicated a tangible increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, wheat flour imports shrank to $X in 2019. Over the period under review, total imports indicated a prominent increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest supplier of wheat flour to Austria, accounting for a X% share of total imports. Moreover, wheat flour imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X tonnes), eightfold. Italy (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume 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).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Germany totaled +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 2019, the average wheat flour import price amounted to $X per tonne, leveling off at the previous year. Over the last twelve years, 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. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat or meslin flour in the world?

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The country with the largest volume of wheat flour consumption was China (81M tonnes), accounting for 20% of total volume. Moreover, wheat flour consumption in China exceeded the figures recorded by the second-largest consumer, India (26M tonnes), threefold. The U.S. (15M tonnes) ranked third in terms of total consumption with a 3.7% share.

What are the largest producers of wheat or meslin flour in the world?

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China (81M tonnes) remains the largest wheat flour producing country worldwide, accounting for 20% of total volume. Moreover, wheat flour production in China exceeded the figures recorded by the second-largest producer, India (26M tonnes), threefold. The third position in this ranking was occupied by the U.S. (15M tonnes), with a 3.7% share.

What are the leading suppliers of wheat or meslin flour to Austria?

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In value terms, Germany ($19M) constituted the largest supplier of wheat flour to Austria, comprising 63% of total imports. The second position in the ranking was occupied by Switzerland ($7M), with a 23% share of total imports. It was followed by Italy, with a 7.2% share.

What are the leading importers of wheat or meslin flour from Austria?

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In value terms, Germany ($6.8M), Slovenia ($3.8M) and Croatia ($2.7M) appeared to be the largest markets for wheat flour exported from Austria worldwide, together comprising 61% of total exports.

What is the average export price for wheat or meslin flour in Austria?

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In 2019, the average wheat flour export price amounted to $414 per tonne, leveling off at the previous year.

What is the average import price for wheat or meslin flour in Austria?

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In 2019, the average wheat flour import price amounted to $407 per tonne, approximately mirroring the previous year.