Austria: Fresh Chicken Cut Market 2024

Fresh Chicken Cut Market Size in Austria

The Austrian fresh chicken cut market rose markedly to $X in 2021, surging by 14% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Fresh chicken cut consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Fresh Chicken Cut Production in Austria

In value terms, fresh chicken cut production contracted to $X in 2021 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +38.6% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 21%. Fresh chicken cut production peaked at $X in 2020, and then contracted in the following year.

Fresh Chicken Cut Exports

Exports from Austria

In 2021, the amount of fresh or chilled cuts of chicken exported from Austria fell modestly to X tons, flattening at the year before. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 15%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, fresh chicken cut exports soared to $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 21%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for fresh chicken cut exports from Austria, accounting for a 65% share of total exports. Moreover, fresh chicken cut exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), threefold. The third position in this ranking was taken by Slovenia (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-3.7% per year) and Slovenia (+6.9% per year).

In value terms, Germany ($X) remains the key foreign market for fresh or chilled cuts of chicken exports from Austria, comprising 87% of total exports. The second position in the ranking was taken by Hungary ($X), with a 5.8% share of total exports. It was followed by Slovenia, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-0.0% per year) and Slovenia (+8.3% per year).

Export Prices by Country

In 2021, the average fresh chicken cut export price amounted to $X per ton, rising by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.3%. The growth pace was the most rapid in 2016 an increase of 18%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($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 Germany (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Chicken Cut Imports

Imports into Austria

In 2021, approx. X tons of fresh or chilled cuts of chicken were imported into Austria; growing by 13% compared with 2020 figures. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -4.5% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 60% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, fresh chicken cut imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Hungary (X tons), Germany (X tons) and Slovenia (X tons) were the main suppliers of fresh chicken cut imports to Austria, with a combined 77% share of total imports. Poland, the Czech Republic, Italy, the Netherlands and Slovakia lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +39.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh chicken cut suppliers to Austria were Hungary ($X), Germany ($X) and Slovenia ($X), together accounting for 66% of total imports. These countries were followed by Poland, Italy, the Czech Republic, the Netherlands and Slovakia, which together accounted for a further 33%.

Poland, with a CAGR of +36.0%, 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

In 2021, the average fresh chicken cut import price amounted to $X per ton, surging by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Italy ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :