Maize flour and cereals market in Austria

Earlier Report Observations

The Austrian maize flour and cereals market saw significant volume changes between 2018 and 2023. After stable levels near 700 thousand tons in 2018-2019, market size grew sharply to 808 thousand tons in 2021, followed by a decline to 704 thousand tons in 2023. During the same period, the market value rose consistently from 378 million USD to 562 million USD, reflecting higher prices.

In 2024, key factors included reduced crop cultivation areas for grains like soft wheat, which constrained production potential. Processing volumes in domestic mills recovered with a 1% increase, rebounding from an inflation-related drop experienced in the previous year. Weather challenges during harvest and rising European fertilizer costs also affected agricultural inputs.

Production maize flour and cereals in Austria

In kind, 2017-2020, K t

Top producers of maize flour and cereals, 2017-2020

World map of production of maize flour and cereals, 2017-2020

Austria produced 772.3 thousand tonnes of maize flour and cereals in 2020, marking a 10.3% increase from the previous year. Over the 2017-2020 period, production grew by 15.2%, with an average annual growth rate of 4.8%. The only decline during this timeframe occurred in 2019, when production fell by 0.4%.

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

In value, 2017-2020, M $ US

Maize flour and cereals production in Austria grew for the third consecutive year. In 2020, the output was valued at 464.4 million US dollars, representing a solid 16.3% increase compared to 2019. From 2017 to 2020, production value rose by 49%, with an average annual growth rate of 14.2%.

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

Exports maize flour and cereals from Austria

Exports in kind, t

Maize flour and cereals exports from Austria increased for the second year in a row. In 2020, exports totaled 15 624 tonnes, up 9.1% from 2019. The lowest volume was recorded in 2018 at 11 875 tonnes, which represented a 23.4% decline from the previous year. This was followed by a significant recovery in 2019, with exports jumping 20.6%.

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

From 2017 to 2020, Germany, Hungary, and Italy were the main destinations for Austria's maize flour and cereals exports by volume. Germany accounted for 24.9% of exports, Hungary for 17.5%, and Italy for 14.3%. Together, these three countries represented 56.6% of Austria's total export volume.

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

Austria's maize flour and cereals exports grew in value for the second consecutive year. In 2020, exports reached 9 395 thousand US dollars, a 14.9% increase from 2019. Between 2017 and 2020, export value rose by 30.4%, equivalent to an average annual growth rate of 9.2%. The lowest value was recorded in 2018 at 6 308 thousand US dollars, which marked a 12.5% decline from the previous year. This was followed by a strong rebound in 2019, with exports surging 29.6%.

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

From 2017 to 2020, Germany, Italy, and Hungary were the largest buyers of Austrian maize flour and cereals by value. Germany accounted for 34.6% of export value, Italy for 16.2%, and Hungary for 10.0%. Together, these three markets represented 60.9% of Austria's total export value.

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

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

Imports maize flour and cereals to Austria

Imports in kind, t

Austria imported 18 019 tonnes of maize flour and cereals in 2020, a 26.4% increase from 2019. Over the 2017-2020 period, imports grew by 47.4%, with an average annual growth rate of 13.8%. The only decline during this timeframe occurred in 2019, when imports fell by 0.4%.

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

From 2017 to 2020, Germany, Italy, and the Netherlands were the primary sources of Austria's maize flour and cereals imports by volume. Germany supplied 47.4% of imports, Italy 30.6%, and the Netherlands 8.9%. Together, these three countries accounted for 87.0% of Austria's total import volume.

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 maize flour and cereals imports increased in value for the third consecutive year. In 2020, imports amounted to 15 829 thousand US dollars, which is 37.7% higher than in 2019. Over the 2017-2020 period, import value surged by 90.6%, with an average annual growth rate of 24.0%.

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

From 2017 to 2020, Germany and Italy dominated Austria's maize flour and cereals imports by value, together accounting for 82.6% of total import value. The remaining share was distributed among other markets.

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

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