Austria: Preserved Pork Market 2021

Preserved Pork Market Size in Austria

In 2020, the Austrian preserved pork market increased by X% to $X, rising for the ninth year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2009 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level in 2020 and is expected to retain growth in years to come.

Preserved Pork Production in Austria

In value terms, preserved pork production reached $X in 2020 estimated in export prices. In general, production saw a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in years to come.

Preserved Pork Exports

Exports from Austria

In 2020, shipments abroad of pig meat salted (salted, in brine, dried or smoked) increased by X% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2014 to 2020, the growth exports remained at a lower figure.

In value terms, preserved pork exports surged to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for preserved pork exports from Austria, with a X% share of total exports. Moreover, preserved pork exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was occupied by the Czech Republic (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and the Czech Republic (+X% per year).

In value terms, Germany ($X) remains the key foreign market for preserved pork exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

In 2020, the average preserved pork export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated notable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced mixed trend patterns.

Preserved Pork Imports

Imports into Austria

In 2020, purchases abroad of pig meat salted (salted, in brine, dried or smoked) was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved pork imports dropped to $X in 2020. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of preserved pork imports to Austria, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Hungary (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of preserved pork to Austria, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Hungary (+X% per year).

Import Prices by Country

The average preserved pork import price stood at $X per ton in 2020, dropping by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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