Unmanufactured Tobacco Market Overview in Austria
In value terms, unmanufactured tobacco production expanded significantly to $ in estimated in export prices. In general, production saw prominent growth. The most prominent rate of growth was recorded in 2011 when the production volume increased by % y-o-y. Unmanufactured tobacco production peaked at $ in 2013; however, from 2014 to , production remained at a lower figure.
In , the average yield of tobacco (unmanufactured) in Austria contracted to tonnes per ha, waning by -% compared with the previous year. In general, the yield continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2008 when the yield increased by % y-o-y. As a result, the yield attained the peak level of tonnes per ha. from 2009 to , the growth of the average unmanufactured tobacco yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The unmanufactured tobacco harvested area in Austria rose to ha in , surging by % against the previous year. Over the period under review, the total harvested area indicated a moderate expansion from 2007 to : its figure increased at an average annual rate of +% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, unmanufactured tobacco harvested area increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the harvested area increased by % y-o-y. As a result, the harvested area reached the peak level of ha. from 2013 to , the growth of the unmanufactured tobacco harvested area remained at a lower figure.
The revenue of the unmanufactured tobacco market in Austria fell to $ in , reducing 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). Overall, consumption continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2010 with an increase of % y-o-y. Unmanufactured tobacco consumption peaked at $ in 2013; however, from 2014 to , consumption failed to regain the momentum.