Austria: Maize Market 2025

Maize Market Size in Austria

The Austrian maize market stood at $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of +3.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Maize Production in Austria

In value terms, maize production fell to $X in 2022 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 35% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

In 2022, the average maize yield in Austria reached X tons per ha, almost unchanged from 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by 33%. Over the period under review, the average maize yield reached the peak level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of maize were harvested in Austria; leveling off at the year before. Overall, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 7.3%. The maize harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Maize Exports

Exports from Austria

For the fourth year in a row, Austria recorded growth in overseas shipments of maize, which increased by 4.6% to X tons in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 51% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, maize exports skyrocketed to $X in 2022. In general, exports showed noticeable growth. The growth pace was the most rapid in 2016 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Italy (X tons) was the main destination for maize exports from Austria, accounting for a 72% share of total exports. Moreover, maize exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), fivefold. The third position in this ranking was taken by Hungary (X tons), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.8% per year) and Hungary (+10.2% per year).

In value terms, Italy ($X) remains the key foreign market for maize exports from Austria, comprising 36% of total exports. The second position in the ranking was taken by Germany ($X), with an 18% share of total exports. It was followed by Hungary, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Italy totaled +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.4% per year) and Hungary (+18.9% per year).

Export Prices by Country

In 2022, the average maize export price amounted to $X per ton, surging by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2013 an increase of 46% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Italy ($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 Hungary (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Maize Imports

Imports into Austria

In 2022, approx. X tons of maize were imported into Austria; with an increase of 4.7% against the year before. The total import volume increased at an average annual rate of +6.2% over the period 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 2013 when imports increased by 49% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, maize imports surged to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 65%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Hungary (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of maize imports to Austria, with a combined 62% share of total imports. Slovakia, Serbia, Ukraine and Romania lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +208.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest maize suppliers to Austria, together comprising 55% of total imports. Slovakia, Ukraine, Serbia and Romania lagged somewhat behind, together comprising a further 30%.

Ukraine, with a CAGR of +225.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average maize import price amounted to $X per ton, surging by 36% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize import price increased by +64.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ukraine ($X per ton) and Germany ($X per ton), while the price for the Czech Republic ($X per ton) and Serbia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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