Homogenised composite food preparations market in Austria

Earlier Report Observations

The market for homogenised composite food preparations in Austria began the period at 16.7 thousand tonnes in 2018, supported by high investment readiness in the food industry for storage, R&D, and product innovation, alongside market consolidation activities aimed at achieving economies of scale and securing supply chains. After a contraction to 15.4 thousand tonnes in 2019, the market volume rebounded strongly to 18.8 thousand tonnes in 2020.

Market volume stabilized around 18.7 thousand tonnes in 2021, a year when investment propensity in the sector decreased due to the economic uncertainties of the COVID-19 pandemic. Growth resumed in 2022, with volume reaching 20.8 thousand tonnes, driven by a heightened focus on food-tech innovations such as genetic hybridization and gene editing, and the continued pursuit of market consolidation for cost advantages.

Following a slight dip in 2023, the market expanded to 22.1 thousand tonnes in 2024. This later phase saw a recovery in investments, particularly in R&D and startups, and was shaped by clear consumer trends towards plant-based products, functional foods, and sustainable packaging. Regulatory frameworks in Europe concerning novel foods and GMOs influenced the pace of innovation, while market consolidation remained a key strategy for enhancing efficiency and supply security.

Production homogenised composite food preparations in Austria

In value, 2017-2020, K $ US

In Austria, the output value of homogenised composite food preparations reached 52 058 thousand US dollars in 2020, marking a significant 22.3% increase compared to the previous year. However, looking at the broader period from 2017 to 2020, production actually declined by 7.3%, which translates to an average annual decrease of 2.5%. The lowest value was recorded in 2019 at 42 578 thousand US dollars, while the peak occurred in 2018 at 56 507 thousand US dollars. The sharpest drop was observed in 2019, with a decline of 24.7%.

Annual dynamics of production in Austria in value, 2017-2020, K $ US

In kind, 2017-2020, t

Following a two-year decline, Austria's production volume of homogenised composite food preparations rebounded in 2020. That year, the country produced 17 626 tonnes, representing a substantial 31.6% increase over the previous year. Over the period from 2017 to 2020, production grew by 11.1%, averaging an annual growth rate of 3.6%. The lowest volume was recorded in 2019 at 13 391 tonnes, which also saw the largest decline of 10.7%.

Annual dynamics of production in Austria in kind, 2017-2020, t

Exports homogenised composite food preparations from Austria

Exports in kind, t

Austria's exports of homogenised composite food preparations increased for the second consecutive year in 2020, reaching 2 433 tonnes. This marked an abrupt 57.7% rise compared to 2019. From 2017 to 2020, exports grew by 54.9%, with a compound annual growth rate of 15.7%. The lowest export volume was in 2018 at 1 451 tonnes, which also experienced the largest decline of 7.6%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, t

Between 2017 and 2020, Austria's export structure in volume terms showed a diversified set of partners. Germany accounted for 22.5% of exports, Bulgaria for 13.8%, and Serbia for 8.6%. Together, these three countries represented 44.9% of total flows, while the remaining 55.1% was distributed among numerous smaller markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, K $ US

After a two-year decrease, Austria's exports of homogenised composite food preparations increased in 2020, reaching 9 941 thousand US dollars. This represented a rise of 62.4% over the previous year. From 2017 to 2020, exports grew by 44.4%, averaging an annual increase of 13.0%. The lowest value was recorded in 2019 at 6 122 thousand US dollars, which also saw the largest decline of 6.9%.

Annual dynamics of product's exports from Austria in value, 2017-2020, K $ US

From 2017 to 2020, Germany, Bulgaria, and Serbia were the largest buyers of homogenised composite food preparations from Austria in value terms, but they did not dominate the market. Germany accounted for 21.8% of exports, Bulgaria for 14.0%, and Serbia for 9.9%. Together, these three countries made up 45.7% of total export value, with the rest spread across a broad range of smaller partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports homogenised composite food preparations to Austria

Imports in kind, t

Austria's imports of homogenised composite food preparations increased for the second consecutive year in 2020, totalling 3 599 tonnes. This represented a modest gain of 1.1% compared to the previous year. However, over the period from 2017 to 2020, imports decreased by 29.3%, averaging an annual decline of 10.9%. The lowest volume was in 2018 at 3 126 tonnes, which also saw the largest drop of 38.6%. In contrast, 2019 recorded the largest increase of 13.9%.

Annual dynamics of product's imports to Austria in kind, 2017-2020, t

Between 2017 and 2020, Germany and Hungary were the key sources for Austria's imports in volume terms, jointly accounting for 87.9% of total flows. Other partners played a much less significant role individually.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, K $ US

Austria's imports of homogenised composite food preparations increased for the second consecutive year in 2020, reaching 13 281 thousand US dollars. This was equivalent to an 11.2% gain from the year before. Over the period from 2017 to 2020, imports decreased by 22.1%, averaging an annual decline of 8.0%. The lowest value was in 2018 at 11 936 thousand US dollars, which also experienced the largest drop of 30.0%.

Annual dynamics of product's imports to Austria in value, 2017-2020, K $ US

From 2017 to 2020, Germany and Hungary dominated Austria's imports in value terms for homogenised composite food preparations, jointly accounting for 82.8% of total flows. The remaining volume was split among smaller markets.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020