Skimmed milk Market Overview in Austria
In value terms, skimmed milk production declined to $ in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2015 to 2019, production growth failed to regain the momentum.
The average yield of skimmed milk in Austria stood at kg per head in 2019, leveling off at the year before. Over the period under review, the yield saw a relatively flat trend pattern.
In 2019, number of animals slaughtered for skimmed milk production in Austria amounted to head, therefore, remained relatively stable against the previous year's figure. In general, the number of producing animals recorded a relatively flat trend pattern.
The value of the skimmed milk market in Austria surged to $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a noticeable decrease. The growth pace was the most rapid in 2013 with an increase of % y-o-y. Over the period under review, the market attained the peak level at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.