Austria: Green Bean Market 2024

Green Bean Market Size in Austria

The Austrian green bean market shrank to $X in 2022, with a decrease of -8.9% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Green Bean Production in Austria

In value terms, green bean production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a mild contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 56%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

The average yield of green beans in Austria rose modestly to X tons per ha in 2022, growing by 2.5% against 2021 figures. In general, the yield, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 15% against the previous year. Over the period under review, the average green bean yield attained the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The green bean harvested area in Austria amounted to X ha in 2022, approximately equating the year before. In general, the harvested area saw a strong increase. The pace of growth was the most pronounced in 2018 when the harvested area increased by 137% against the previous year. As a result, the harvested area reached the peak level of X ha; afterwards, it flattened through to 2022.

Green Bean Exports

Exports from Austria

In 2022, after two years of growth, there was significant decline in overseas shipments of green beans, when their volume decreased by -34.4% to X tons. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 208%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank rapidly in the following year.

In value terms, green bean exports reduced dramatically to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 116%. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Germany (X tons) was the main destination for green bean exports from Austria, accounting for a 77% share of total exports. Moreover, green bean exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), tenfold. Slovenia (X tons) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +39.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+137.3% per year) and Slovenia (+3.9% per year).

In value terms, Germany ($X) emerged as the key foreign market for green beans exports from Austria, comprising 70% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6% share of total exports. It was followed by Slovenia, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +37.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+120.2% per year) and Slovenia (+7.2% per year).

Export Prices by Country

In 2022, the average green bean export price amounted to $X per ton, surging by 3.3% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 54% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, 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 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Green Bean Imports

Imports into Austria

Green bean imports into Austria contracted to X tons in 2022, with a decrease of -14.5% on the previous year's figure. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, green bean imports declined to $X in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.3% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 23% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of green bean imports to Austria, with a combined 77% share of total imports. The Netherlands, Italy and Egypt lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +33.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of green beans to Austria, comprising 44% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+23.3% per year) and Spain (-1.2% per year).

Import Prices by Country

The average green bean import price stood at $X per ton in 2022, surging by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 an increase of 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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