Austria: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Austria

The Austrian whole fresh milk market expanded slightly to $X in 2022, surging by 1.7% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Whole fresh milk consumption peaked in 2022 and is expected to retain growth in the immediate term.

Whole Fresh Milk Production in Austria

In value terms, whole fresh milk production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 19%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Whole Fresh Milk Exports

Exports from Austria

In 2022, whole fresh milk exports from Austria fell slightly to X tons, with a decrease of -4.4% compared with 2021. Overall, exports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2017 when exports increased by 1.9% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, whole fresh milk exports expanded rapidly to $X in 2022. Over the period under review, exports saw a slight reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and Slovenia (X tons) were the main destinations of whole fresh milk exports from Austria, together accounting for 90% of total exports. Slovakia, Greece and China lagged somewhat behind, together accounting for a further 7.2%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +91.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for whole fresh milk exported from Austria were Germany ($X), Italy ($X) and Slovenia ($X), together accounting for 90% of total exports. Greece, China and Slovakia lagged somewhat behind, together comprising a further 7.1%.

China, with a CAGR of +93.5%, 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

In 2022, the average whole fresh milk export price amounted to $X per ton, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Greece ($X per ton), while the average price for exports to Slovakia ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into Austria

In 2022, imports of whole fresh milk into Austria declined to X tons, falling by -8.9% against the previous year's figure. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.2% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of 43%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, whole fresh milk imports contracted sharply to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 52%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of whole fresh milk to Austria, accounting for a 78% share of total imports. Moreover, whole fresh milk imports from Germany exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), sevenfold. The third position in this ranking was held by Italy (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+13.1% per year) and Italy (+46.4% per year).

In value terms, Germany ($X) constituted the largest supplier of whole fresh milk to Austria, comprising 74% of total imports. The second position in the ranking was held by Slovenia ($X), with an 11% share of total imports. It was followed by the Netherlands, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+16.3% per year) and the Netherlands (+286.7% per year).

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, reducing by -8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 20%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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