Austria: Soft Drink Market 2024

Soft Drink Market Size in Austria

In 2022, the Austrian soft drink market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a abrupt descent. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Soft Drink Production in Austria

In value terms, soft drink production soared to $X in 2022 estimated in export price. In general, production, however, recorded a sharp contraction. Soft drink production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Soft Drink Exports

Exports from Austria

For the ninth consecutive year, Austria recorded growth in overseas shipments of soft drinks, which increased by X% to X litres in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, soft drink exports reached $X in 2022. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X litres) was the main destination for soft drink exports from Austria, with a X% share of total exports. Moreover, soft drink exports to Germany exceeded the volume sent to the second major destination, the United States (X litres), threefold. Brazil (X litres) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Brazil (X% per year).

In value terms, Germany ($X), the United States ($X) and Brazil ($X) were the largest markets for soft drink exported from Austria worldwide, with a combined X% share of total exports. France, Turkey, Italy, Sweden, Australia, Spain, Switzerland, Poland, the Czech Republic and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average soft drink export price stood at $X per litre in 2022, growing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price attained the peak level of $X per litre. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soft Drink Imports

Imports into Austria

In 2022, after four years of growth, there was significant decline in purchases abroad of soft drinks, when their volume decreased by X% to X litres. Overall, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X litres in 2021, and then reduced notably in the following year.

In value terms, soft drink imports contracted to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Switzerland (X litres) constituted the largest soft drink supplier to Austria, with a X% share of total imports. Moreover, soft drink imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X litres), threefold. The third position in this ranking was held by Hungary (X litres), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Switzerland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Hungary (X% per year).

In value terms, Switzerland ($X) constituted the largest supplier of soft drinks to Austria, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average soft drink import price amounted to $X per litre, growing by X% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, soft drink import price increased by X% against 2016 indices. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per litre), while the price for Croatia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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