Austria: Wheat Gluten Market 2024

Wheat Gluten Market Size in Austria

The Austrian wheat gluten market surged to $X in 2022, with an increase of 16% against the previous year. In general, consumption recorded slight growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Wheat Gluten Production in Austria

In value terms, wheat gluten production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. Wheat gluten production peaked in 2022 and is likely to see gradual growth in years to come.

Wheat Gluten Exports

Exports from Austria

In 2022, the amount of wheat gluten exported from Austria was estimated at X tons, stabilizing at 2021 figures. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 4,473% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, wheat gluten exports stood at $X in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by 2,151%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main destinations of wheat gluten exports from Austria, together accounting for 36% of total exports. Hungary, Brazil, France, Switzerland, the Czech Republic, Japan, the United States, Colombia, Croatia and Greece lagged somewhat behind, together comprising a further 46%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +268.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat gluten exported from Austria were Germany ($X), Poland ($X) and Italy ($X), together accounting for 33% of total exports. Hungary, Brazil, France, the United States, Switzerland, the Czech Republic, Japan, Greece, Croatia and Colombia lagged somewhat behind, together comprising a further 47%.

Switzerland, with a CAGR of +253.6%, saw the highest rates of growth with regard to 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 wheat gluten export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2013 when the average export price decreased by -50.8% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-1.1%), while the prices for the other major destinations experienced a decline.

Wheat Gluten Imports

Imports into Austria

In 2022, approx. X tons of wheat gluten were imported into Austria; falling by -1.7% compared with 2021 figures. Overall, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 55% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, wheat gluten imports soared to $X in 2022. In general, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.1% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 67%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of wheat gluten imports to Austria, together accounting for 94% of total imports. The Czech Republic, Switzerland and Slovakia lagged somewhat behind, together accounting for a further 4.7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +65.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wheat gluten suppliers to Austria were Germany ($X), France ($X) and Belgium ($X), with a combined 88% share of total imports. The Czech Republic, Switzerland and Slovakia lagged somewhat behind, together accounting for a further 9.3%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +71.1%, 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 wheat gluten import price stood at $X per ton in 2022, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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