Austria: Market for Dried Cod, Whether Or Not Salted 2021

Market Size for Dried Cod, Whether Or Not Salted in Austria

The Austrian market for dried cod, whether or not salted shrank modestly to $X in 2019, waning by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Production of Dried Cod, Whether Or Not Salted in Austria

In value terms, production of dried cod, whether or not salted contracted slightly to $X in 2019 estimated in export prices. Overall, the total production indicated a measured increase from 2007 to 2019: its value decreased 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, production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

Exports of Dried Cod, Whether Or Not Salted

Exports from Austria

Exports of dried cod, whether or not salted from Austria dropped slightly to X tons in 2019, declining by -X% against the year before. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X tons, and then shrank in the following year.

In value terms, exports of dried cod, whether or not salted declined slightly to $X in 2019. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Portugal (X tons) was the main destination for exports of dried cod, whether or not salted from Austria, with a X% share of total exports. It was followed by the Netherlands (X kg), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Portugal was relatively modest.

In value terms, Portugal ($X) emerged as the key foreign market for dried cod, whether or not salted exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Portugal was relatively modest.

Export Prices by Country

The average export price for dried cod, whether or not salted stood at $X per ton in 2019, remaining stable against the previous year. Overall, export price indicated a resilient expansion from 2007 to 2019: its price 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, export price for dried cod, whether or not salted increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Portugal stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Imports of Dried Cod, Whether Or Not Salted

Imports into Austria

In 2019, supplies from abroad of dried cod, whether or not salted decreased by -X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a perceptible decline. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, imports reached the peak of X tons. From 2015 to 2019, the growth of imports remained at a somewhat lower figure.

In value terms, imports of dried cod, whether or not salted skyrocketed to $X in 2019. Overall, imports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), the Netherlands (X tons) and Norway (X tons) were the main suppliers of imports of dried cod, whether or not salted to Austria, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands, while imports for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Norway ($X) and Portugal ($X) appeared to be the largest dried cod, whether or not salted suppliers to Austria, together accounting for X% of total imports.

The Netherlands saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average import price for dried cod, whether or not salted amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate modest growth. The pace of growth was the most pronounced in 2015 when the average import price increased by X% y-o-y. The import price peaked in 2019 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Norway ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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