Wheat and meslin market in Austria

Earlier Report Observations

The wheat and meslin market in Austria expanded from 1.6 million metric tons in 2018 to a peak of 2.3 million metric tons in 2022, with strong growth in 2019 and 2020 followed by a slight contraction in 2021. Market volume stabilized at 2.2 million metric tons in 2023, indicating a plateau after the earlier surge.

By 2024, global supply factors became prominent. Reduced wheat harvests and exports from Russia and Ukraine tightened worldwide grain availability, which supported wheat prices across European markets. AgrarMarkt Austria (AMA) played a central role in monitoring these developments, providing monthly market reports that reflected international price trends and harvest results.

Domestically, the expansion of wheat cultivation area in 2023 boosted production potential, although the actual 2024 harvest fell below expectations. Concurrently, rising fertilizer prices across Europe increased production costs, influencing farmer decisions and adding upward pressure to market prices.

Production wheat and meslin in Austria

In kind, 2017-2020, K t

Top producers of wheat and meslin, 2017-2020

World map of production of wheat and meslin, 2017-2020

Austria's wheat and meslin production has increased for the second consecutive year. In 2020, the country produced 1 653 K t of wheat and meslin, marking a 3.5% rise from the previous year. Looking at the period from 2017 to 2020, production grew by 15%, which translates to an annualized rate of 4.8%. The lowest production level was recorded in 2018 at 1 367 K t, with the largest decline that year at 4.9%. In contrast, the most significant increase occurred in 2019, with a jump of 16.8%.

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

In value, 2017-2020, M $ US

Austria's wheat and meslin production has risen for the third year in a row. In 2020, the output was valued at 510.6 M $ US, showing an 8.6% increase compared to the previous year. From 2017 to 2020, production grew by 33%, with a compound annual growth rate (CAGR) of 10.0%.

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

Exports wheat and meslin from Austria

Exports in kind, K t

In 2020, Austria's volume of wheat and meslin exports was 619 K t, down by 7.6% from the previous year. Over the period from 2017 to 2020, exports decreased by 15.2%, with a CAGR of 5.3%. The largest decline was recorded in 2018 at 13.6%, while the biggest increase occurred in 2019 at 6.3%.

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

From 2017 to 2020, Italy and Germany together accounted for 83.3% of Austria's total wheat and meslin exports in kind, with other countries forming a more diverse but less significant portion of the export market.

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 wheat and meslin exports amounted to 191.3 M $ US, representing a gradual drop of 3.1% compared to the previous year. The minimum value was recorded in 2018 at 190.7 M $ US, while the maximum was in 2019 at 197.4 M $ US. The largest increase occurred in 2019, with a rise of 3.5%.

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

From 2017 to 2020, the leading destinations for Austria's wheat and meslin exports in value terms were Italy, accounting for 59.6% of exports, Germany at 18.3%, and Switzerland at 9.4%. Together, these three countries made up 87.3% 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 wheat and meslin to Austria

Imports in kind, K t

After a two-year decline, Austria's wheat and meslin imports have increased. In 2020, imports reached 1 152 K t, up by 28.5% from the previous year. Over the period from 2017 to 2020, imports grew by 13.9%, with a CAGR of 4.4%. The lowest import level was in 2019 at 896 K t, and the largest decline was recorded in 2018 at 10.8%.

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

From 2017 to 2020, Hungary, Czechia, and Slovakia were the main sources for Austria's wheat and meslin imports in kind, accounting for 40.1%, 30.3%, and 18.1% respectively. Together, they represented 88.5% 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

After a two-year decrease, Austria's wheat and meslin imports have risen. In 2020, imports were valued at approximately 238.9 M $ US, up by 25.0% year-on-year. Over the period from 2017 to 2020, imports increased by 20.8%, with a CAGR of 6.5%. The minimum value was recorded in 2019 at 191.2 M $ US, and the largest decline occurred in 2018 at 2.8%.

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

From 2017 to 2020, Hungary, Czechia, and Slovakia were the primary sources for Austria's wheat and meslin imports in value terms, accounting for 36.8%, 29.0%, and 17.7% respectively. Together, they made up 83.5% of total imports, remaining the key destinations for these goods to Austria.

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

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