Austria: Walnut Market 2025

Walnut Market Size in Austria

The Austrian walnut market declined to $X in 2021, reducing by -3.2% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Walnut Production in Austria

In value terms, walnut production fell to $X in 2021 estimated in export price. In general, production, however, showed a mild contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 196%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

The average yield of walnuts in Austria stood at X tons per ha in 2021, growing by 4.6% against the previous year. Over the period under review, the yield, however, recorded a significant decrease. Over the period under review, the average walnut yield attained the maximum level at X tons per ha in 2018; however, from 2019 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The walnut harvested area in Austria contracted to X ha in 2021, reducing by -2.8% on the year before. In general, the harvested area, however, continues to indicate a mild expansion. The pace of growth was the most pronounced in 2020 with an increase of 5.9%. As a result, the harvested area attained the peak level of X ha, and then declined modestly in the following year.

Walnut Exports

Exports from Austria

In 2021, the amount of walnuts exported from Austria reduced sharply to X tons, with a decrease of -58% on the previous year's figure. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2013 when exports increased by 51% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, walnut exports dropped remarkably to $X in 2021. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Moldova (X tons) was the main destination for walnut exports from Austria, with a 60% share of total exports. Moreover, walnut exports to Moldova exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by Slovakia (X tons), with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Moldova amounted to -12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.4% per year) and Slovakia (+87.1% per year).

In value terms, Italy ($X), Slovakia ($X) and Moldova ($X) appeared to be the largest markets for walnut exported from Austria worldwide, with a combined 88% share of total exports.

Slovakia, with a CAGR of +92.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average walnut export price stood at $X per ton in 2021, growing by 36% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, walnut export price increased by +35.5% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Moldova ($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 Slovakia (+3.0%), while the prices for the other major destinations experienced a decline.

Walnut Imports

Imports into Austria

In 2021, the amount of walnuts imported into Austria plummeted to X tons, dropping by -27% on 2020. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 99%. As a result, imports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, walnut imports reduced rapidly to $X in 2021. In general, imports saw a mild setback. The pace of growth was the most pronounced in 2020 when imports increased by 100% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main suppliers of walnut imports to Austria, together comprising 91% of total imports. Hungary and the United States lagged somewhat behind, together comprising a further 7.7%.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and France ($X) appeared to be the largest walnut suppliers to Austria, with a combined 89% share of total imports. These countries were followed by the United States and Hungary, which together accounted for a further 9.5%.

The United States, with a CAGR of +35.0%, recorded the highest growth rate of 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 walnut import price stood at $X per ton in 2021, picking up by 1.6% against the previous year. Overall, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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