Odoriferous substances for food and drink market in Austria

Earlier Report Observations

The market for odoriferous substances in Austria showed moderate changes in the initial years, with production around 14 200 t and market size near 16 700 t in 2018-2019. The COVID-19 pandemic in 2020 disrupted supply chains and shifted consumer preferences, leading to a sharp rise in import value to 202.2 million $ US and pushing the total market value to 218.2 million $ US, even as physical volumes saw a slight decline.

Regulatory updates to the Austrian Food Book and stricter hygiene and labeling rules in 2021, coupled with growing demand for clean-label products, encouraged a shift toward natural flavor production, contributing to a production peak of 18 160 t. However, the continued implementation of EU Regulation 2017/2158 on acrylamide reduction and enhanced quality controls by AGES in 2022 posed adaptation challenges, resulting in a significant drop in production to 8 569 t and market volume to 9 089 t.

A slowdown in the organic segment's growth in 2023 dampened demand for natural flavors, while new regulatory measures in 2024, such as the introduction of a deposit system for single-use beverage packaging and the delegated EU Regulation 2024/1141 on hygiene requirements, prompted further industry adjustments. Sustained consumer interest in clean-label and sustainable products supported a modest recovery, with production rising to 9 028 t and market value reaching 159.9 million $ US in 2024.

Production odoriferous substances for food and drink in Austria

In value, 2017-2020, K $ US

In 2019, Austria's output of odoriferous substances for food and drink reached its lowest value at 76 287 K $ US. The following year, in 2020, production increased by 3.7% to 79 094 K $ US. The peak was recorded earlier in 2018 at 80 244 K $ US, with the most significant decline occurring in 2019 at 4.9%.

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

In kind, 2017-2020, t

Austria's production volume of odoriferous substances for food and drink declined in 2020 after two consecutive years of growth. Output fell by 4.0% to 13 723 t compared to 2019, when it peaked at 14 288 t. Over the period from 2017 to 2020, production decreased by 2.6%, averaging an annual decline of 0.9%. The largest increase was recorded in 2018 at 1.1%.

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

Exports odoriferous substances for food and drink from Austria

Exports in kind, t

Austria's exports of odoriferous substances for food and drink grew for the second year in a row in 2020, reaching 7 524 t—a 16.7% increase from 2019. Over the 2017-2020 period, exports rose by 22.8%, with an average annual growth rate of 7.1%. The lowest export volume was in 2018 at 5 950 t, which also saw the largest decline of 2.9%.

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

From 2017 to 2020, Austria's export structure for odoriferous substances for food and drink was balanced rather than concentrated. Russia accounted for 11.5% of exports, Germany for 10.6%, and Hungary for 5.7%, together making up 27.8% of total flows. The remaining 72.2% was distributed among many other countries.

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

In 2020, Austria's exports of odoriferous substances for food and drink in value terms reached 63.1 M $ US, marking a 15.4% year-on-year increase. Over the 2017-2020 period, exports grew by 28.8%, with a compound annual growth rate of 8.8%. The largest decline occurred in 2019 at 0.7%.

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

Between 2017 and 2020, Austria's export structure in value terms showed a diversified set of partners. Germany represented 12.1% of exports, Russia 8.7%, and the United States 7.7%, together accounting for 28.5% of total flows. The remaining 71.5% was spread across numerous smaller markets.

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

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

Imports odoriferous substances for food and drink to Austria

Imports in kind, t

In 2020, Austria's imports of odoriferous substances for food and drink in volume terms amounted to 8 819 t, a notable 17.1% increase compared to 2019. Over the 2017-2020 period, imports rose by 10.6%, with an average annual growth rate of 3.4%. The lowest import volume was in 2019 at 7 528 t, which also experienced the largest decline of 10.8%.

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

From 2017 to 2020, Germany was the leading source for Austria's imports of odoriferous substances for food and drink in volume terms, accounting for 27.0%. Ireland followed with 18.3%, and Thailand with 16.9%. Together, these three countries represented 62.2% 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

Austria's imports of odoriferous substances for food and drink in value terms showed significant fluctuations between 2017 and 2020. The lowest point was in 2017, with imports peaking in 2020 at 202.2 M $ US—an 86.8% increase from 2019. The difference between these years was 2.1-fold. The largest decline occurred in 2019 at 0.1%.

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

Between 2017 and 2020, Ireland, Thailand, and Germany consistently dominated Austria's import structure in value terms for odoriferous substances for food and drink. Ireland accounted for 36.7% of imports, Thailand for 24.3%, and Germany for 19.9%, together making up 80.9% of total flows.

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

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