Maize market in Austria

Earlier Report Observations

Austrian maize production began the period at 2.1 million tons in 2018, supported by favorable rainfall conditions in Lower Austria that boosted yields. Output continued to grow steadily, reaching a peak of 2.4 million tons in 2021, while the overall market volume expanded to over 3 million tons that same year, reflecting consistent demand.

A sharp reversal occurred in 2022 when unfavorable weather, particularly heavy July rains in key growing regions like Lower Austria and Styria, damaged crops and led to a 13% production decline to 2.1 million tons. This weather-driven drop in domestic supply contributed to a corresponding contraction in the total market volume.

In 2023, despite near-record planting area, production remained flat at 2.1 million tons as wet, delayed sowing and a dry September maturation period hampered output. The market volume fell sharply to 2.3 million tons, primarily due to a 43% collapse in imports. The period saw new seed suppliers like Probstdorfer with the Brevant brand enter the market, promoting early-order discounts. For 2024, global factors such as resumed Ukrainian exports and record world harvests eased supply pressures, while extreme summer weather in Austria posed risks to yields, influencing trade flows as imports recovered.

Production maize in Austria

In kind, 2017-2020, K t

Top producers of maize, 2017-2020

World map of production of maize, 2017-2020

Maize production in Austria has increased for the third consecutive year. In 2020, Austria produced 2 412 K t of maize, representing a moderate 4.9% increase compared to 2019. Over the period from 2017 to 2020, production grew by 16.2%, with a compound annual growth rate of 5.1%.

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

In value, 2017-2020, M $ US

After two years of growth, Austria's maize production value declined slightly. In 2020, the output was valued at 1 268 M $ US, marking a 0.7% decrease from 2019. From 2017 to 2020, production value increased by 32.7%, with a compound annual growth rate of 9.9%. The highest value was recorded in 2019 at 1 277 M $ US, while the largest annual increase occurred in 2018 at 23.0%.

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

Exports maize from Austria

Exports in kind, K t

Maize exports from Austria have increased for the second consecutive year. In 2020, exports reached 543 K t, showing a substantial 34.6% year-over-year increase. Between 2017 and 2020, exports grew by 22.9%, with a compound annual growth rate of 7.1%. The lowest export volume was recorded in 2018 at 351 K t, which also saw the largest decline of 20.4% that year.

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

From 2017 to 2020, Italy dominated Austria's maize exports in volume, accounting for 77.9% of total flows, while the remaining share was distributed among various smaller destinations.

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, M $ US

Austria's maize export value has risen for the second year in a row. In 2020, exports totaled 285.4 M $ US, a 27.5% increase from the previous year. Over the 2017-2020 period, export value increased by 40.3%, with a compound annual growth rate of 12.0%. The lowest value was recorded in 2018 at 194.0 M $ US, which also experienced the largest decline of 4.6% that year.

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

During 2017-2020, Italy, Germany, and France were the key export partners for Austria's maize in value terms, accounting for 30.8%, 24.3%, and 10.1% of exports respectively. Together, they represented 65.2% of total export flows.

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 to Austria

Imports in kind, K t

In 2020, Austria's maize imports totaled 967 K t, reflecting a significant 11.6% decrease from the previous year. Between 2017 and 2020, imports declined by 8.5%, equivalent to an annualized rate of 2.9%. The lowest import volume was recorded in 2018 at 942 K t, while the highest was in 2019 at 1 094 K t, which also saw the largest increase of 16.2% that year.

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

From 2017 to 2020, Hungary, Slovakia, and Czechia were the primary sources for Austria's maize imports in volume, accounting for 49.4%, 14.5%, and 11.5% respectively. Together, they comprised 75.4% of total import flows.

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, M $ US

In 2020, Austria's maize import value was 232.4 M $ US, showing a modest 8.0% reduction compared to 2019. Over the 2017-2020 period, import value decreased by 2.2%, with a compound annual growth rate of 0.7%. The lowest value was recorded in 2018 at 223.6 M $ US, while the highest was in 2019 at 252.7 M $ US, which also experienced the largest increase of 13.0% that year.

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

Throughout 2017-2020, Hungary, Slovakia, and France remained the key partners for Austria's maize imports in value terms, accounting for 41.4%, 11.5%, and 9.7% respectively. Collectively, they represented 62.7% of total import flows.

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

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