Austria: Pork Market 2024

Pork Market Size in Austria

The Austrian pork market totaled $X in 2022, picking up by 4.5% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Pork consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Pork Production in Austria

In value terms, pork production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 12%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The average yield of pork in Austria amounted to X kg per head in 2022, stabilizing at the previous year's figure. Overall, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the yield increased by 0.8%. Over the period under review, the average pork yield reached the peak level at X kg per head in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure.

In 2022, approx. X heads of animals slaughtered for pork production in Austria; approximately equating the previous year. In general, the number of producing animals saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the number of producing animals increased by 1.1%. Over the period under review, this number reached the maximum level at X heads in 2012; however, from 2013 to 2022, producing animals remained at a lower figure.

Pork Exports

Exports from Austria

In 2022, exports of pork from Austria contracted to X tons, falling by -12.3% on the previous year's figure. Over the period under review, exports continue to indicate a mild contraction. The growth pace was the most rapid in 2014 with an increase of 15% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pork exports declined to $X in 2022. In general, exports saw a perceptible decline. The growth pace was the most rapid in 2021 when exports increased by 13%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for pork exports from Austria, with a 31% share of total exports. Moreover, pork exports to Italy exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was held by Hungary (X tons), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Italy totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+4.8% per year) and Hungary (-7.4% per year).

In value terms, Italy ($X), South Korea ($X) and Hungary ($X) constituted the largest markets for pork exported from Austria worldwide, with a combined 58% share of total exports. Japan, Germany, Slovenia, China, Slovakia, Romania, the Czech Republic, Croatia and Montenegro lagged somewhat behind, together accounting for a further 36%.

China, with a CAGR of +152.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average pork export price stood at $X per ton in 2022, shrinking by -2.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 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 South Korea ($X per ton), while the average price for exports to Romania ($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 China (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pork Imports

Imports into Austria

In 2022, imports of pork into Austria contracted slightly to X tons, almost unchanged from 2021. Overall, imports showed a mild descent. The most prominent rate of growth was recorded in 2014 when imports increased by 22% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pork imports expanded remarkably to $X in 2022. In general, imports saw a slight decline. The pace of growth appeared the most rapid in 2019 when imports increased by 16%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of pork to Austria, accounting for a 77% share of total imports. Moreover, pork imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), tenfold. The third position in this ranking was held by Spain (X tons), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.5% per year) and Spain (+5.2% per year).

In value terms, Germany ($X) constituted the largest supplier of pork to Austria, comprising 77% of total imports. The second position in the ranking was held by France ($X), with a 6.7% share of total imports. It was followed by Spain, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+2.3% per year) and Spain (+4.6% per year).

Import Prices by Country

In 2022, the average pork import price amounted to $X per ton, picking up by 12% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per ton) and Hungary ($X per ton), while the price for France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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