Austria: Peanut Butter Market 2025

Peanut Butter Market Size in Austria

In 2022, the Austrian peanut butter market decreased by -1.5% to $X, falling for the second year in a row after six years of growth. Overall, consumption posted resilient growth. Peanut butter consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Peanut Butter Production in Austria

In value terms, peanut butter production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production enjoyed prominent growth. The growth pace was the most rapid in 2016 when the production volume increased by 106% against the previous year. Peanut butter production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Peanut Butter Exports

Exports from Austria

In 2022, the amount of peanut butter and prepared or preserved groundnuts exported from Austria shrank to X tons, reducing by -8.6% on the previous year. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 56% against the previous year. The exports peaked at X tons in 2021, and then fell in the following year.

In value terms, peanut butter exports contracted to $X in 2022. In general, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 38%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank in the following year.

Exports by Country

Germany (X tons) was the main destination for peanut butter exports from Austria, with a 45% share of total exports. Moreover, peanut butter exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Slovenia (X tons) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-5.4% per year) and Slovenia (+7.6% per year).

In value terms, Germany ($X) remains the key foreign market for peanut butter and prepared or preserved groundnuts exports from Austria, comprising 51% of total exports. The second position in the ranking was held by Italy ($X), with a 10% share of total exports. It was followed by France, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-2.2% per year) and France (+42.3% per year).

Export Prices by Country

The average peanut butter export price stood at $X per ton in 2022, dropping by -2.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Bulgaria ($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 Italy (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Peanut Butter Imports

Imports into Austria

In 2022, the amount of peanut butter and prepared or preserved groundnuts imported into Austria expanded modestly to X tons, with an increase of 3.4% on the previous year's figure. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.2% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 27%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, peanut butter imports reduced slightly to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.0% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by 13%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of peanut butter to Austria, accounting for a 49% share of total imports. Moreover, peanut butter imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.6% per year) and Poland (+8.3% per year).

In value terms, Germany ($X) constituted the largest supplier of peanut butter and prepared or preserved groundnuts to Austria, comprising 50% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by Poland, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+26.1% per year) and Poland (+7.5% per year).

Import Prices by Country

In 2022, the average peanut butter import price amounted to $X per ton, declining by -6.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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