Austria: Lactose Market 2024

Lactose Market Size in Austria

The Austrian lactose market reduced modestly to $X in 2022, which is down by -4.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a slight slump. Lactose consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Lactose Exports

Exports from Austria

In 2022, overseas shipments of lactose and lactose syrup were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by 51%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, lactose exports dropped to $X in 2022. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of 77% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for lactose exports from Austria, accounting for a 33% share of total exports. Moreover, lactose exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Ireland (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.6% per year) and Ireland (+183.8% per year).

In value terms, the largest markets for lactose exported from Austria were Ireland ($X), the Netherlands ($X) and China ($X), with a combined 54% share of total exports. Germany, Australia, Italy and the United Arab Emirates lagged somewhat behind, together comprising a further 26%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +234.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lactose export price amounted to $X per ton, declining by -21.8% against the previous year. Overall, the export price, however, posted temperate growth. The pace of growth was the most pronounced in 2015 an increase of 32% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the United Arab Emirates ($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 Ireland (+6.0%), while the prices for the other major destinations experienced a decline.

Lactose Imports

Imports into Austria

In 2022, imports of lactose and lactose syrup into Austria reached X tons, almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, lactose imports amounted to $X in 2022. In general, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 52% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of lactose imports to Austria, together comprising 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +33.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lactose suppliers to Austria were Germany ($X), the Netherlands ($X) and France ($X), with a combined 98% share of total imports.

The Netherlands, with a CAGR of +27.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average lactose import price amounted to $X per ton, increasing by 8.3% against the previous year. Over the period under review, the import price, however, recorded a pronounced descent. The growth pace was the most rapid in 2019 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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