Austria: Almond Market 2025

Almond Market Size in Austria

After three years of growth, the Austrian almond market decreased by -30.8% to $X in 2021. Over the period under review, consumption, however, recorded resilient growth. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted significantly in the following year.

Almond Exports

Exports from Austria

In 2021, shipments abroad of almonds increased by 60% to X tons, rising for the seventh year in a row after two years of decline. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 427%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, almond exports soared to $X in 2021. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 356% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for almond exports from Austria, with a 66% share of total exports. Moreover, almond exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +205.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+118.1% per year) and Italy (+78.6% per year).

In value terms, Germany ($X) remains the key foreign market for almond exports from Austria, comprising 66% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total exports. It was followed by Italy, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +191.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+85.0% per year) and Italy (+72.7% per year).

Export Prices by Country

In 2021, the average almond export price amounted to $X per ton, picking up by 15% against the previous year. In general, the export price, however, saw a perceptible decline. The pace of growth was the most pronounced in 2016 an increase of 71% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Netherlands ($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 Switzerland (+6.0%), while the prices for the other major destinations experienced a decline.

Almond Imports

Imports into Austria

In 2021, overseas purchases of almonds decreased by -18.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 191% against the previous year. As a result, imports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, almond imports expanded notably to $X in 2021. Overall, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2019 when imports increased by 133%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of almond imports to Austria, with a combined 95% share of total imports. Afghanistan and Israel lagged somewhat behind, together accounting for a further 3.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Afghanistan (with a CAGR of +419.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest almond suppliers to Austria were Germany ($X), Turkey ($X) and Spain ($X), with a combined 92% share of total imports. Israel and Afghanistan lagged somewhat behind, together accounting for a further 5%.

Among the main suppliers, Afghanistan, with a CAGR of +326.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average almond import price stood at $X per ton in 2021, growing by 39% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 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 Israel ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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