Starch; Manioc (Cassava) Price in Austria - 2023

Contents:

1. Starch; Manioc (Cassava) Price in Austria (CIF) - 2023
2. Starch; Manioc (Cassava) Price in Austria (FOB) - 2022
3. Starch; Manioc (Cassava) Imports in Austria
4. Starch; Manioc (Cassava) Exports in Austria

Starch; Manioc (Cassava) Price in Austria (CIF) - 2023

In June 2023, the average starch; manioc (cassava) import price amounted to $2,134 per ton, with a decrease of -50.6% against the previous month. Overall, the import price, however, posted a modest increase. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 183% month-to-month. The import price peaked at $10,078 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($7,932 per ton), while the price for Thailand ($1,073 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Starch; Manioc (Cassava) Price in Austria (FOB) - 2022

The average starch; manioc (cassava) export price stood at $3,737 per ton in November 2022, increasing by 2.7% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2022 when the average export price increased by 9.6% against the previous month. As a result, the export price attained the peak level of $4,325 per ton. From March 2022 to November 2022, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In November 2022, the highest price was recorded for prices to Germany ($4,404 per ton) and the United States ($3,707 per ton), while the average price for exports to France ($3,362 per ton) and Italy ($3,466 per ton) were amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Starch; Manioc (Cassava) Imports in Austria

In 2022, approx. 921 tons of starch; manioc (cassava)s were imported into Austria; growing by 28% compared with 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch; manioc (cassava) imports shrank slightly to $2.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year.

Top Suppliers of Starch; Manioc (Cassava) to Austria in 2022:

1. Germany (362.6 tons)
2. Thailand (340.0 tons)
3. Netherlands (217.2 tons)

Starch; Manioc (Cassava) Exports in Austria

In 2022, overseas shipments of starch; manioc (cassava)s decreased by 0% to 349 tons, falling for the second year in a row after two years of growth. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, starch; manioc (cassava) exports stood at $1.5M in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Starch; Manioc (Cassava) from Austria in 2022:

1. Germany (170.1 tons)
2. United States (74.2 tons)
3. France (38.3 tons)
4. United Kingdom (31.7 tons)
5. Poland (11.6 tons)

Source: IndexBox Market Intelligence Platform