Austria: Millet Market 2025

Millet Market Size in Austria

The Austrian millet market soared to $X in 2022, growing by 32% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Millet Production in Austria

In value terms, millet production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by 22%. Millet production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average millet yield in Austria was estimated at X tons per ha, with an increase of 2.1% against the previous year. Over the period under review, the yield indicated tangible growth from 2012 to 2022: its figure increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet yield decreased by -2.1% against 2020 indices. The growth pace was the most rapid in 2015 when the yield increased by 10% against the previous year. The millet yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. 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 millet were harvested in Austria; standing approx. at 2021. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. Over the period under review, the harvested area dedicated to millet production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

Millet Exports

Exports from Austria

In 2022, after two years of growth, there was significant decline in overseas shipments of millet, when their volume decreased by -11.7% to X tons. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 83% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, millet exports fell to $X in 2022. In general, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.3% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 57%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for millet exports from Austria, with a 67% share of total exports. Moreover, millet exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+2.2% per year) and the Netherlands (+38.5% per year).

In value terms, Germany ($X) remains the key foreign market for millet exports from Austria, comprising 66% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by Switzerland, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.2% per year) and Switzerland (-5.5% per year).

Export Prices by Country

In 2022, the average millet export price amounted to $X per ton, increasing by 7% against the previous year. In general, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Italy ($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 Switzerland (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Millet Imports

Imports into Austria

In 2022, purchases abroad of millet was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 118%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, millet imports skyrocketed to $X in 2022. Overall, imports, however, showed a slight setback. The pace of growth was the most pronounced in 2018 when imports increased by 53%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of millet imports to Austria, together comprising 76% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +19.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest millet suppliers to Austria were Germany ($X), Poland ($X) and the Czech Republic ($X), together comprising 85% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +28.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average millet import price stood at $X per ton in 2022, which is down by -3.6% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, millet import price increased by +80.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. The import price peaked at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hungary ($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 (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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