Austria: Dried Prune Market 2024

Dried Prune Market Size in Austria

The Austrian dried prune market expanded notably to $X in 2022, increasing by 5.2% against the previous year. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Dried Prune Production in Austria

In value terms, dried prune production reached $X in 2022 estimated in export price. In general, production posted a moderate increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 142%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Dried Prune Exports

Exports from Austria

In 2022, shipments abroad of dried prunes increased by 113% to X tons, rising for the third consecutive year after three years of decline. Overall, exports posted a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by 178%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried prune exports surged to $X in 2022. In general, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for dried prune exports from Austria, accounting for a 59% share of total exports. Moreover, dried prune exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was taken by Switzerland (X tons), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +11.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+13.0% per year) and Switzerland (+45.6% per year).

In value terms, Germany ($X) remains the key foreign market for dried prunes exports from Austria, comprising 51% of total exports. The second position in the ranking was held by Italy ($X), with a 21% share of total exports. It was followed by Switzerland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +15.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+26.4% per year) and Switzerland (+56.9% per year).

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, picking up by 28% against the previous year. Overall, the export price posted strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 ($X per ton), while the average price for exports to Germany ($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 Czech Republic (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into Austria

In 2022, approx. X tons of dried prunes were imported into Austria; picking up by 14% on the previous year's figure. Over the period under review, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, dried prune imports soared to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports attained the peak figure at $X in 2014; afterwards, it flattened through to 2022.

Imports by Country

Germany (X tons), Chile (X tons) and Serbia (X tons) were the main suppliers of dried prune imports to Austria, together accounting for 70% of total imports. The Netherlands, Poland, Slovakia, France and the United States lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +32.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Chile ($X) and Serbia ($X) appeared to be the largest dried prune suppliers to Austria, with a combined 70% share of total imports. The Netherlands, Poland, Slovakia, France and the United States lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Slovakia, with a CAGR of +35.3%, saw the highest rates of growth with regard to 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 dried prune import price stood at $X per ton in 2022, increasing by 22% against the previous year. Over the last decade, it increased at an average annual rate of +5.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :