Austria: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Austria

The Austrian market for processed cheese (excluding grated or powdered) surged to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption, however, showed a noticeable decrease. Consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Production of Processed cheese (excluding grated or powdered) in Austria

In value terms, production of processed cheese (excluding grated or powdered) contracted to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Austria

After two years of growth, shipments abroad of processed cheese (excluding grated or powdered) decreased by -X% to X tons in 2020. In general, total exports indicated tangible growth from 2007 to 2020: its volume 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 most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Exports peaked at X tons in 2019, and then shrank in the following year.

In value terms, exports of processed cheese (excluding grated or powdered) shrank to $X in 2020. Over the period under review, total exports indicated a notable increase from 2007 to 2020: its value 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 was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X tons) was the main destination for exports of processed cheese (excluding grated or powdered) from Austria, accounting for a X% share of total exports. Moreover, exports of processed cheese (excluding grated or powdered) to Germany exceeded the volume sent to the second major destination, Libya (X tons), fivefold. The third position in this ranking was occupied by the UK (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: Libya (+X% per year) and the UK (-X% per year).

In value terms, Germany ($X) remains the key foreign market for processed cheese (excluding grated or powdered) exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports. It was followed by Iraq, with a X% share.

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

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the UK ($X per ton), while the average price for exports to Pakistan ($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 Iraq, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Austria

In 2020, approx. X tons of processed cheese (excluding grated or powdered) were imported into Austria; with an increase of X% compared with the previous year. Overall, total imports indicated a perceptible expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, imports of processed cheese (excluding grated or powdered) skyrocketed to $X in 2020. Over the period under review, total imports indicated a perceptible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Germany (X tons) constituted the largest processed cheese (excluding grated or powdered) supplier to Austria, with a X% share of total imports. Moreover, imports of processed cheese (excluding grated or powdered) from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. 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 rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Czech Republic (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of processed cheese (excluding grated or powdered) to Austria, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. 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 from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Czech Republic (+X% per year).

Import Prices by Country

In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $X per ton, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Germany ($X per ton) and France ($X per ton), while the price for the Czech Republic ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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