Report Update Nov 1, 2024

Austria - Olives - Market Analysis, Forecast, Size, Trends and Insights

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Austria: Olive Market 2024

Olive Market Size in Austria

In 2022, the Austrian olive market decreased by -21.1% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Olive Exports

Exports from Austria

In 2022, overseas shipments of olives increased by 81% to X tons, rising for the fourth year in a row after five years of decline. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 686%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, olive exports soared to $X in 2022. Over the period under review, exports saw a strong expansion. The growth pace was the most rapid in 2020 with an increase of 521% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for olive exports from Austria, accounting for a 73% share of total exports. Moreover, olive exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), threefold. France (X tons) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.8% per year) and France (-46.7% per year).

In value terms, the largest markets for olive exported from Austria were Germany ($X), the Netherlands ($X) and France ($X), together comprising 99% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +176.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average olive export price amounted to $X per ton, picking up by 21% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 29%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($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 the Netherlands (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.

Olive Imports

Imports into Austria

In 2022, purchases abroad of olives decreased by -10% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 158% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, olive imports dropped slightly to $X in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 235% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Greece (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of olive imports to Austria, with a combined 78% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +79.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Germany ($X) and Turkey ($X) constituted the largest olive suppliers to Austria, together comprising 77% of total imports.

Greece, with a CAGR of +90.5%, saw 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

The average olive import price stood at $X per ton in 2022, with an increase of 8% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. Over the period under review, average import prices attained the maximum 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 Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for olives in the world?

Spain remains the largest olive consuming country worldwide, accounting for 31% of total volume. Moreover, olive consumption in Spain exceeded the figures recorded by the second-largest consumer, Greece, threefold. Italy ranked third in terms of total consumption with a 9.8% share.

What are the largest producers of olives in the world?

Spain constituted the country with the largest volume of olive production, accounting for 31% of total volume. Moreover, olive production in Spain exceeded the figures recorded by the second-largest producer, Greece, threefold. Italy ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of olives to Austria?

In value terms, the Czech Republic constituted the largest supplier of olive to Austria, comprising 58% of total imports. The second position in the ranking was occupied by Germany, with a 22% share of total imports. It was followed by Greece, with a 9.1% share.

What are the leading importers of olives from Austria?

In value terms, Germany remains the key foreign market for olive exports from Austria, comprising 64% of total exports. The second position in the ranking was occupied by the Netherlands, with a 25% share of total exports.

What is the average export price for olives in Austria?

In 2021, the average olive export price amounted to $1,399 per ton, which is down by -12.8% against the previous year.

What is the average import price for olives in Austria?

The average olive import price stood at $2,982 per ton in 2021, dropping by -7.3% against the previous year.

This report provides an in-depth analysis of the olive 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:

FCL 260 - Olives

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023