Austria: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in Austria

In 2021, the Austrian prepared dish and meal market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Prepared dish and meal consumption peaked in 2021 and is likely to see steady growth in the near future.

Production of Prepared Dishes And Meals in Austria

In value terms, prepared dish and meal production fell modestly to $X in 2021 estimated in export price. Overall, production saw a mild expansion. The pace of growth appeared the most rapid in 2014 with an increase of 13% against the previous year. Prepared dish and meal production peaked at $X in 2020, and then declined modestly in the following year.

Exports of Prepared Dishes And Meals

Exports from Austria

In 2021, overseas shipments of prepared dishes and meals increased by 7.2% to X tons, rising for the fourth year in a row after two years of decline. The total export volume increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 15%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, prepared dish and meal exports surged to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 prepared dish and meal exports from Austria, with a 38% share of total exports. Moreover, prepared dish and meal exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), sixfold. The third position in this ranking was held by Italy (X tons), with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+1.0% per year) and Italy (+3.5% per year).

In value terms, Germany ($X) remains the key foreign market for prepared dishes and meals exports from Austria, comprising 37% of total exports. The second position in the ranking was held by Switzerland ($X), with a 7.9% share of total exports. It was followed by Russia, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+7.3% per year) and Russia (-7.6% per year).

Export Prices by Country

In 2021, the average prepared dish and meal export price amounted to $X per ton, growing by 8.3% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 13%. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Czech Republic ($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 (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports into Austria

In 2021, approx. X tons of prepared dishes and meals were imported into Austria; growing by 1.8% against the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 6.1%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, prepared dish and meal imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 19%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of prepared dish and meal to Austria, accounting for a 51% share of total imports. Moreover, prepared dish and meal imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. Croatia (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-1.2% per year) and Croatia (-1.4% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared dishes and meals to Austria, comprising 53% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.8% share of total imports. It was followed by Slovakia, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.1% per year) and Slovakia (+54.6% per year).

Import Prices by Country

The average prepared dish and meal import price stood at $X per ton in 2021, increasing by 9.2% against the previous year. Over the last nine years, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2016 an increase of 12% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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