Austria: Baby Food Market 2024

Baby Food Market Size in Austria

The Austrian baby food market declined remarkably to $X in 2021, which is down by -22% against the previous year. Overall, consumption showed a mild decrease. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Baby Food Production in Austria

In value terms, baby food production reduced modestly to $X in 2021 estimated in export price. In general, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +74.1% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X, and then reduced slightly in the following year.

Baby Food Exports

Exports from Austria

In 2021, overseas shipments of food preparations for infants decreased by -4% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 24%. Over the period under review, the exports hit record highs at X tons in 2020, and then declined modestly in the following year.

In value terms, baby food exports rose to $X in 2021. Overall, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2013 with an increase of 38%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for baby food exports from Austria, with a 37% share of total exports. Moreover, baby food exports to Germany exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+21.0% per year) and Hong Kong SAR (+34.4% per year).

In value terms, Germany ($X) remains the key foreign market for food preparations for infants exports from Austria, comprising 38% of total exports. The second position in the ranking was taken by China ($X), with a 16% share of total exports. It was followed by Hong Kong SAR, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +12.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+19.5% per year) and Hong Kong SAR (+30.4% per year).

Export Prices by Country

In 2021, the average baby food export price amounted to $X per ton, surging by 6.4% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, baby food export price increased by +42.2% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Hungary ($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 Kosovo (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Food Imports

Imports into Austria

In 2021, baby food imports into Austria shrank significantly to X tons, declining by -17.3% on 2020 figures. Overall, total imports indicated moderate growth from 2012 to 2021: its volume 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. The pace of growth appeared the most rapid in 2017 when imports increased by 57%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, baby food imports reduced to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +12.7% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by 70%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of baby food to Austria, with a 63% share of total imports. Moreover, baby food imports from Germany exceeded the figures recorded by the second-largest supplier, Ireland (X tons), fourfold. Croatia (X tons) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+25.2% per year) and Croatia (-2.9% per year).

In value terms, Germany ($X) constituted the largest supplier of food preparations for infants to Austria, comprising 73% of total imports. The second position in the ranking was taken by Ireland ($X), with a 13% share of total imports. It was followed by Croatia, with a 3% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+25.7% per year) and Croatia (-2.7% per year).

Import Prices by Country

The average baby food import price stood at $X per ton in 2021, growing by 8.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2013 an increase of 12%. The import price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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