Honey Market Overview in Austria
In value terms, honey production declined to $ in 2019 estimated in export prices. Over the period under review, production recorded a mild decrease. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. As a result, production attained the peak level of $. From 2012 to 2019, production growth remained at a somewhat lower figure.
The size of the honey market in Austria reduced to $ in 2019, shrinking 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). In general, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by % year-to-year. Honey consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.