Austria: Sausage Market 2024

Sausage Market Size in Austria

The Austrian sausage market reduced modestly to $X in 2021, with a decrease of -1.5% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market hit record highs at $X in 2020, and then declined in the following year.

Sausage Production in Austria

In value terms, sausage production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 16% against the previous year. Sausage production peaked at $X in 2020, and then reduced in the following year.

Sausage Exports

Exports from Austria

In 2021, approx. X tons of sausages and similar products of meat were exported from Austria; surging by 2.5% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 13%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, sausage exports reached $X in 2021. Over the period under review, total exports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +65.1% against 2015 indices. The pace of growth was the most pronounced in 2017 when exports increased by 17% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

Germany (X tons) was the main destination for sausage exports from Austria, with a 70% share of total exports. Moreover, sausage exports to Germany exceeded the volume sent to the second major destination, Italy (X tons), tenfold. Hungary (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+9.1% per year) and Hungary (+6.0% per year).

In value terms, Germany ($X) remains the key foreign market for sausages and similar products of meat exports from Austria, comprising 73% of total exports. The second position in the ranking was held by Italy ($X), with a 6.7% share of total exports. It was followed by Hungary, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+10.7% per year) and Hungary (+7.4% per year).

Export Prices by Country

In 2021, the average sausage export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then fell modestly in the following year.

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 Germany ($X per ton), while the average price for exports to Turkmenistan ($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 Georgia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Austria

In 2021, imports of sausages and similar products of meat into Austria declined to X tons, reducing by -3.6% on the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sausage imports declined slightly to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 13%. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest sausage supplier to Austria, accounting for a 54% share of total imports. Moreover, sausage imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was held by Hungary (X tons), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.6% per year) and Hungary (+1.0% per year).

In value terms, the largest sausage suppliers to Austria were Germany ($X), Italy ($X) and Hungary ($X), with a combined 87% share of total imports. Spain, Slovenia, the Czech Republic and the Netherlands lagged somewhat behind, together comprising a further 7.4%.

Among the main suppliers, the Czech Republic, with a CAGR of +87.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sausage import price stood at $X per ton in 2021, leveling off at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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