Austria - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Austria - 2023
Contents:
- Pyrethrum and Peppermint Price in Austria (FOB) - 2022
- Pyrethrum and Peppermint Price in Austria (CIF) - 2023
- Pyrethrum and Peppermint Exports in Austria
- Pyrethrum and Peppermint Imports in Austria
Pyrethrum and Peppermint Price in Austria (FOB) - 2022
The average pyrethrum and peppermint export price stood at $7,908 per ton in 2022, picking up by 6% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pyrethrum and peppermint export price increased by +37.4% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 30%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($23,432 per ton), while the average price for exports to Spain ($2,070 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Austria (CIF) - 2023
The average pyrethrum and peppermint import price stood at $9,437 per ton in August 2023, surging by 10% against the previous month. Overall, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pyrethrum and peppermint import price increased by +110.8% against May 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 72% month-to-month. As a result, import price reached the peak level of $10,059 per ton. From May 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($14,539 per ton), while the price for Egypt ($2,405 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Exports in Austria
In 2022, overseas shipments of pyrethrum and peppermint decreased by -19.7% to 5.6K tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 104% against the previous year. As a result, the exports reached the peak of 9.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, pyrethrum and peppermint exports reduced to $44M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. As a result, the exports reached the peak of $55M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Pyrethrum and Peppermint in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.9 | 19.2 | 26.6 | 21.4 | 25.2% |
| Italy | 6.4 | 13.8 | 6.1 | 6.6 | 1.0% |
| France | 1.8 | 4.0 | 3.7 | 3.3 | 22.4% |
| Spain | 1.9 | 4.9 | 2.5 | 1.6 | -5.6% |
| Switzerland | 0.9 | 1.2 | 1.3 | 1.5 | 18.6% |
| Poland | 0.6 | 1.2 | 1.2 | 1.1 | 22.4% |
| Luxembourg | 0.1 | N/A | 0.1 | 1.1 | 122.4% |
| Sweden | 0.8 | 3.6 | 2.7 | 1.0 | 7.7% |
| Others | 4.5 | 7.5 | 7.4 | 6.4 | 12.5% |
| Total | 27.9 | 55.4 | 51.6 | 43.9 | 16.3% |
Top Export Markets for Pyrethrum and Peppermint from Austria in 2022:
- Germany (2103.1 tons)
- Italy (1250.2 tons)
- Spain (757.5 tons)
- France (401.0 tons)
- Switzerland (166.6 tons)
- Poland (157.8 tons)
- Luxembourg (115.8 tons)
- Sweden (44.0 tons)
Pyrethrum and Peppermint Imports in Austria
In 2022, after three years of growth, there was decline in supplies from abroad of pyrethrum and peppermint, when their volume decreased by -2% to 6.7K tons. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 6.8K tons, and then shrank in the following year.
In value terms, pyrethrum and peppermint imports declined slightly to $43M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year.
| Import of Pyrethrum and Peppermint in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.7 | 11.8 | 16.1 | 15.6 | 26.5% |
| Germany | 9.8 | 10.3 | 11.0 | 14.6 | 14.2% |
| Poland | 1.1 | 1.0 | 1.6 | 1.8 | 17.8% |
| Netherlands | 0.3 | 1.2 | 0.7 | 1.2 | 58.7% |
| Italy | 1.1 | 1.0 | 1.3 | 1.1 | 0.0% |
| Albania | 0.9 | 1.3 | 1.4 | 0.8 | -3.9% |
| Turkey | 0.9 | 1.1 | 1.4 | 0.7 | -8.0% |
| Egypt | 0.5 | 0.7 | 0.8 | 0.6 | 6.3% |
| Hungary | 0.4 | 0.6 | 0.7 | 0.6 | 14.5% |
| Morocco | 0.6 | 0.7 | 0.6 | N/A | 0.0% |
| Others | 6.7 | 9.2 | 9.0 | 5.9 | -4.1% |
| Total | 30.1 | 39.0 | 44.6 | 42.8 | 12.4% |
Top Suppliers of Pyrethrum and Peppermint to Austria in 2022:
- Morocco (undefined tons)
- Germany (2654.8 tons)
- India (2248.1 tons)
- Egypt (299.2 tons)
- Poland (234.5 tons)
- Italy (230.2 tons)
- Turkey (158.0 tons)
- Albania (128.6 tons)
- Netherlands (100.4 tons)
- Hungary (98.5 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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