Austria: Preserved Salmon Market 2024

Preserved Salmon Market Size in Austria

The Austrian preserved salmon market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption enjoyed modest growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Preserved Salmon Production in Austria

In value terms, preserved salmon production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 105%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Preserved Salmon Exports

Exports from Austria

For the fourth year in a row, Austria recorded decline in shipments abroad of salmon (prepared or preserved), which decreased by -2.3% to X tons in 2021. Over the period under review, exports showed a mild slump. The most prominent rate of growth was recorded in 2013 when exports increased by 53%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, preserved salmon exports dropped slightly to $X in 2021. In general, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -33.4% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 103% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for preserved salmon exports from Austria, with a 73% share of total exports. Moreover, preserved salmon exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), fivefold. The third position in this ranking was held by Switzerland (X tons), with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+4.4% per year) and Switzerland (-23.0% per year).

In value terms, Germany ($X) remains the key foreign market for salmon (prepared or preserved) exports from Austria, comprising 72% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports. It was followed by Switzerland, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+10.1% per year) and Switzerland (-15.3% per year).

Export Prices by Country

The average preserved salmon export price stood at $X per ton in 2021, increasing by 2% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, preserved salmon export price increased by +94.8% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 41%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Liechtenstein ($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 France (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Salmon Imports

Imports into Austria

In 2021, the amount of salmon (prepared or preserved) imported into Austria dropped to X tons, waning by -8.5% compared with the previous year's figure. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.8% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 37%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, preserved salmon imports contracted to $X in 2021. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 42%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest preserved salmon supplier to Austria, accounting for a 85% share of total imports. Moreover, preserved salmon imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+5.9% per year) and France (+10.1% per year).

In value terms, Germany ($X) constituted the largest supplier of salmon (prepared or preserved) to Austria, comprising 83% of total imports. The second position in the ranking was taken by Denmark ($X), with a 10% share of total imports. It was followed by Poland, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+13.4% per year) and Poland (+11.0% per year).

Import Prices by Country

The average preserved salmon import price stood at $X per ton in 2021, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2013 an increase of 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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