Austria: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Austria

After two years of decline, the Austrian concentrated orange juice market increased by 2% to $X in 2021. Overall, consumption recorded a pronounced setback. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Concentrated Orange Juice Exports

Exports from Austria

In 2021, shipments abroad of concentrated orange juice increased by 122% to X tons, rising for the third year in a row after two years of decline. Overall, exports saw noticeable growth. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated orange juice exports surged to $X in 2021. Over the period under review, exports saw a strong expansion. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for concentrated orange juice exports from Austria, accounting for a 79% share of total exports. Moreover, concentrated orange juice exports to Germany exceeded the volume sent to the second major destination, Slovenia (X tons), more than tenfold. Switzerland (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (-4.1% per year) and Switzerland (-11.0% per year).

In value terms, Germany ($X) remains the key foreign market for concentrated orange juice exports from Austria, comprising 77% of total exports. The second position in the ranking was held by Switzerland ($X), with a 4.6% share of total exports. It was followed by Sweden, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-5.8% per year) and Sweden (+28.2% per year).

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, with an increase of 17% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated orange juice export price decreased by -3.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Hungary ($X per ton), while the average price for exports to Slovenia ($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 Slovakia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Austria

In 2021, after three years of decline, there was growth in overseas purchases of concentrated orange juice, when their volume increased by 1.7% to X tons. Over the period under review, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when imports increased by 16% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, concentrated orange juice imports expanded remarkably to $X in 2021. In general, imports, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 20% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of concentrated orange juice to Austria, with a 57% share of total imports. Moreover, concentrated orange juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.1% per year) and Germany (-0.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of concentrated orange juice to Austria, comprising 57% of total imports. The second position in the ranking was taken by Italy ($X), with a 23% share of total imports. It was followed by Belgium, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.8% per year) and Belgium (-0.4% per year).

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, rising by 5.7% against the previous year. In general, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 10%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Belgium ($X per ton) and Brazil ($X per ton), while the price for Germany ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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