Austria: Preserved Tomato Market 2024

Preserved Tomato Market Size in Austria

The Austrian preserved tomato market soared to $X in 2021, rising by 31% against the previous year. Overall, consumption posted a resilient expansion. Preserved tomato consumption peaked in 2021 and is expected to retain growth in years to come.

Preserved Tomato Production in Austria

In value terms, preserved tomato production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2014 when the production volume increased by 924% against the previous year. Preserved tomato production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Preserved Tomato Exports

Exports from Austria

In 2021, approx. X tons of preserved tomatoes were exported from Austria; growing by 78% against the previous year. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved tomato exports skyrocketed to $X in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 96% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons) was the main destination for preserved tomato exports from Austria, with a 85% share of total exports. Moreover, preserved tomato exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. The third position in this ranking was held by Romania (X tons), with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+198.4% per year) and Romania (+44.0% per year).

In value terms, Germany ($X) remains the key foreign market for preserved tomatoes exports from Austria, comprising 85% of total exports. The second position in the ranking was taken by Poland ($X), with a 6.8% share of total exports. It was followed by Croatia, with a 1.6% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+199.8% per year) and Croatia (+30.3% per year).

Export Prices by Country

The average preserved tomato export price stood at $X per ton in 2021, with a decrease of -7.2% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports

Imports into Austria

In 2021, supplies from abroad of preserved tomatoes increased by 6.4% to X tons, rising for the fourth year in a row after two years of decline. Overall, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.9% against 2017 indices. The pace of growth was the most pronounced in 2014 with an increase of 15% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, preserved tomato imports surged to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.1% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of preserved tomato to Austria, with a 83% share of total imports. Moreover, preserved tomato imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. Spain (X tons) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.0% per year) and Spain (+17.3% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved tomatoes to Austria, comprising 81% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by Spain, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.0% per year) and Spain (+11.2% per year).

Import Prices by Country

The average preserved tomato import price stood at $X per ton in 2021, with an increase of 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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