Bambara Bean Market in Austria
Market Overview
In 
, the Austrian bambara bean market increased by % to $, rising for the third year in a row after three years of decline. Overall, consumption continues to indicate a noticeable expansion. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.
In value terms, bambara bean production shrank slightly to $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of %. Bambara bean production peaked at $ in , and then declined slightly in the following year.
The average yield of bambara beans in Austria stood at less than kg per ha in , standing approx. at . Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In, the total area harvested in terms of bambara beans production in Austria totaled less than ha, remaining constant against the previous year's figure. In general, the harvested area saw a relatively flat trend pattern.
, the Austrian bambara bean market increased by % to $, rising for the third year in a row after three years of decline. Overall, consumption continues to indicate a noticeable expansion. As a result, consumption attained the peak level of $. From 2016 to , the growth of the market remained at a somewhat lower figure.In value terms, bambara bean production shrank slightly to $
in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of %. Bambara bean production peaked at $ in , and then declined slightly in the following year.The average yield of bambara beans in Austria stood at less than
kg per ha in , standing approx. at . Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.In
, the total area harvested in terms of bambara beans production in Austria totaled less than ha, remaining constant against the previous year's figure. In general, the harvested area saw a relatively flat trend pattern.Consumption
In , consumption of bambara beans increased by % to tons, rising for the third consecutive year after three years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.
The size of the bambara bean market in Austria skyrocketed to $ in , 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 posted a tangible expansion. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.
, consumption of bambara beans increased by % to tons, rising for the third consecutive year after three years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From 2016 to , the growth of the consumption remained at a somewhat lower figure.The size of the bambara bean market in Austria skyrocketed to $
in , 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 posted a tangible expansion. As a result, consumption reached the peak level of $. From 2016 to , the growth of the market failed to regain momentum.Market Forecast
The bambara bean market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the nine-year period from to , which is projected to depress the market volume to kg by the end of .
% for the nine-year period from to , which is projected to depress the market volume to kg by the end of .Market Structure
Bambara bean market in Austria consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Austria relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
Austria remains a net importer of bambara bean; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of kg, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of kg, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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