Austria: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Austria

The Austrian market for starch other than wheat, corn or potato soared to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Starch other than Wheat, Corn or Potato

Exports from Austria

After two years of growth, shipments abroad of starch other than wheat, corn or potato decreased by -X% to X tons in 2021. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, exports of starch other than wheat, corn or potato reduced sharply to $X in 2021. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2020, and then plummeted in the following year.

Exports by Country

Germany (X tons) was the main destination for exports of starch other than wheat, corn or potato from Austria, with a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to Germany exceeded the volume sent to the second major destination, Italy (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, 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: Italy (+X% per year) and the United States (+X% per year).

In value terms, Germany ($X) remains the key foreign market for starch other than wheat, corn or potato exports from Austria, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($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 the UK (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Starch other than Wheat, Corn or Potato

Imports into Austria

Imports of starch other than wheat, corn or potato into Austria surged to X tons in 2021, increasing by X% compared with the year before. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of starch other than wheat, corn or potato to Austria, with a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. Italy (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Belgium ($X), Germany ($X) and Italy ($X) appeared to be the largest starch other than wheat, corn or potato suppliers to Austria, together accounting for X% of total imports.

Italy, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for starch other than wheat, corn or potato stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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