Austria: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Austria

The Austrian animal or vegetable fertilisers market skyrocketed to $X in 2022, rising by X% against the previous year. Overall, consumption posted a tangible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Animal Or Vegetable Fertilisers in Austria

In value terms, animal or vegetable fertilisers production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Animal Or Vegetable Fertilisers

Exports from Austria

Animal or vegetable fertilisers exports from Austria shrank to X tons in 2022, declining by X% against 2021 figures. In general, exports showed a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, animal or vegetable fertilisers exports fell to $X in 2022. Overall, exports, however, posted a notable expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

Germany (X tons), Italy (X tons) and Romania (X tons) were the main destinations of animal or vegetable fertilisers exports from Austria, together accounting for X% of total exports.

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

In value terms, Germany ($X), Italy ($X) and Romania ($X) constituted the largest markets for animal or vegetable fertilisers exported from Austria worldwide, together comprising X% of total exports.

Among the main countries of destination, Romania, with a CAGR of X%, saw the highest growth rate of 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

The average animal or vegetable fertilisers export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price 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, animal or vegetable fertilisers export price increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Malaysia ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into Austria

Animal or vegetable fertilisers imports into Austria surged to X tons in 2022, picking up by X% against the previous year. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume 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 growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, animal or vegetable fertilisers imports reached $X in 2022. In general, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of animal or vegetable fertilisers imports to Austria, together accounting for X% of total imports. Slovakia, Italy, the Netherlands, Romania, Spain and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of animal or vegetable fertilisers to Austria, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average animal or vegetable fertilisers import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

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 the UK ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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