Report Update Nov 1, 2024

Austria - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights

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Austria: Oleo Oils Market 2024

Oleo Oils Market Size in Austria

The Austrian oleo oils market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption, however, saw a pronounced reduction. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Oleo Oils Exports

Exports from Austria

Oleo oils exports from Austria expanded sharply to X tons in 2019, with an increase of 13% against the previous year's figure. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 77%. As a result, the exports reached the peak of X tons. From 2015 to 2019, the growth of the exports remained at a lower figure.

In value terms, oleo oils exports surged to $X in 2019. In general, exports showed buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 82% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2019, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for oleo oils exports from Austria, accounting for a 99% share of total exports. It was followed by the Netherlands (X kg), with a 1% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Romania totaled +97.6%.

In value terms, Romania ($X) remains the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from Austria, comprising 100% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 0.2% share of total exports.

From 2012 to 2019, the average annual growth rate of value to Romania stood at +93.4%.

Export Prices by Country

The average oleo oils export price stood at $X per ton in 2019, with an increase of 9% against the previous year. In general, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 75% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2019, the export prices stood at a somewhat lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-2.1%), while the prices for the other major destinations experienced a decline.

Oleo Oils Imports

Imports into Austria

After three years of decline, overseas purchases of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by 347% to X tons in 2021. Overall, imports, however, saw a deep setback. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, oleo oils imports soared to $X in 2021. In general, imports, however, recorded a noticeable downturn. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of oleo oils to Austria, with a 83% share of total imports. Moreover, oleo oils imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -8.9%.

In value terms, Germany ($X) constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Austria, comprising 84% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -6.5%.

Import Prices by Country

The average oleo oils import price stood at $X per ton in 2021, remaining constant against the previous year. In general, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, oleo oils import price increased by +54.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 56% against the previous year. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of oleo oils consumption in 2020 were Ireland, the United States and Malaysia, with a combined 57% share of global consumption. The UK, Sudan, Egypt and the Netherlands lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of oleo oils production in 2020 were the UK, Ireland and the United States, with a combined 75% share of global production.

What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Austria?

In value terms, the Netherlands and Germany were the largest oleo oils suppliers to Austria.

What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Austria?

In value terms, Romania remains the key foreign market for oleo oils exports from Austria.

What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Austria?

In 2019, the average oleo oils export price amounted to $2,809 per ton, surging by 11% against the previous year.

What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Austria?

In 2020, the average oleo oils import price amounted to $1,759 per ton, growing by 56% against the previous year.

This report provides an in-depth analysis of the oleo oils market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023