New Articles

Poland’s Cigarette Exports Skyrocket to Record $4B

cigarette

Poland’s Cigarette Exports Skyrocket to Record $4B

IndexBox has just published a new report: ‘Poland – Cigarettes – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

Poland is the world’s largest supplier of cigarettes, accounting for 18% of global exports. In 2020, Poland’s cigarette supplies jumped by +14% y-o-y to $4B, reaching the highest level ever. In physical terms, Poland increased cigarette exports twofold in the past decade. In value terms, supplies abroad soared threefold since 2010. Germany remains the largest importer of cigarettes from Poland. German purchases spiked from $0.9B in 2019 to 1.4B in 2020. The average cigarette export price grew by +3.5% y-o-y to $20,824 per tonne in 2020. 

Poland’s Cigarette Exports by Country

Poland remains the world’s largest supplier of cigarettes, accounting for 18% of global export volume. Cigarette exports from Poland amounted to 192K tonnes in 2020, rising by +10% against 2019. In value terms, cigarette exports expanded by +14.3% y-o-y to $4B (IndexBox estimates) in 2020.

Germany (55K tonnes) was the main destination for cigarette exports from Poland, with a 29% share of total exports. Moreover, cigarette exports to Germany exceeded the volume sent to the second major destination, the UK (20K tonnes), threefold. The Netherlands occupied the third position in this ranking (17K tonnes), with a 9% share.

In value terms, Germany ($1.4B) remains the key foreign market for cigarette exports from Poland, comprising 34% of total exports. The second position in the ranking was occupied by Italy ($395M), with a 9.9% share of total exports. It was followed by the Netherlands, with an 8.6% share.

In 2020, the average annual growth rate in terms of value supplied to Germany stood at +46.2%. Exports to the other major destinations recorded the following average annual growth rates: Italy (-3.1% per year) and the Netherlands (-26.8% per year).

The average cigarette export price stood at $20,824 per tonne in 2020, picking up by +3.5% against the previous year. There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Belgium ($34,439 per tonne), while the average price for exports to France ($11,472 per tonne) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

wheat gluten

Global Wheat Gluten Production Reduces Slightly but Exports Remain Robust

IndexBox has just published a new report: ‘World – Wheat Gluten – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

In 2020, global wheat gluten production reduced by -2.4% y-o-y to 1.1M tonnes. France, China and Belgium lead in world gluten manufacturing, with a combined 50%-share of its total volume. Global wheat gluten exports grew by +6% y-o-y to 928K tonnes in 2020. In value terms, world exports saw a drop, as the average wheat gluten export price decreased in the past year. Germany, Belgium and France were the largest gluten exporters in 2020. The UK and Poland recorded the highest export growth rates last year. Norway, Belgium, France and the Netherlands emerged as the countries with the highest per capita consumption figures. 

Global Wheat Gluten Production

In 2020, global wheat gluten production shrank slightly to 1.1M tonnes, falling by -2.4% on the year before. In value terms, wheat gluten production declined to $1.6B in 2020, estimated at export prices.

The countries with the highest volumes of wheat gluten production in 2020 were France (242K tonnes), China (159K tonnes) and Belgium (158K tonnes), together comprising 50% of global production. These countries were followed by Germany, Australia, Russia, Lithuania, the UK, Poland, Italy and Austria, which together accounted for a further 48%.

Wheat Gluten Exports by Country

Global wheat gluten exports amounted to 928K tonnes in 2020, increasing by 6% against the previous year. In value terms, wheat gluten exports dropped from $1.4B in 2019 to $1.3B (IndexBox estimates) in 2020.

In 2020, Belgium (135K tonnes), Germany (132K tonnes), France (125K tonnes), Australia (110K tonnes) and China (88K tonnes) were the major wheat gluten exporters in the world, together comprising 64% of total export. Poland (58K tonnes) occupied the next position in the ranking, followed by Russia (52K tonnes), Lithuania (50K tonnes), the UK (47K tonnes) and the Netherlands (43K tonnes). All these countries together took near 27% share of total exports.

In value terms, Germany ($211M), Belgium ($178M) and France ($170M) featured the highest levels of exports in 2020, together comprising 42% of global exports. These countries were followed by Australia, China, Poland, Lithuania, Russia, the UK and the Netherlands, which together accounted for a further 47%.

The UK (+88% y-o-y) and Poland (+33% y-o-y) saw the highest gluten export spikes in value terms. At the same time, the Netherlands (-28% y-o-y), Belgium (-20% y-o-y) and France (-14% y-o-y) recorded the most prominent drop in supplies abroad.

The average wheat gluten export price stood at $1,423 per tonne in 2020, decreasing by -9% against the previous year. Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Germany ($1,597 per tonne) and Australia ($1,525 per tonne), while the UK ($1,274 per tonne) and China ($1,283 per tonne) were amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Wheat Gluten Consumption by Country

In 2020, the highest levels of wheat gluten per capita consumption were registered in Norway (39 kg per person), followed by Belgium (4.38 kg per person), France (2.61 kg per person) and the Netherlands (2.21 kg per person). The world average per capita consumption of wheat gluten was estimated at 0.15 kg per person.

Source: IndexBox Platform

coffee

Global Decaffeinated Coffee Trade Falls with Reduced American Purchases

IndexBox has just published a new report: ‘World – Decaffeinated Coffee – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

Global decaffeinated coffee exports dropped from $1.6B in 2019 to $1.5B in 2020. Germany remains the world’s largest supplier, accounting for 48% of the total decaffeinated coffee exports in 2020. Last year, Germany saw a decrease in coffee exports, as its major trade partner, the U.S., had reduced the purchases. The average export price for decaffeinated coffee jumped by +5.6% y-o-y to $4,618 per tonne in 2020. The U.S., Spain and the Netherlands continue to lead in global decaffeinated coffee imports. 

Global Decaffeinated Coffee Exports

Global decaffeinated coffee exports dropped to 319K tonnes in 2020, with a decrease of -14.3% compared with the year before. In value terms, decaffeinated coffee exports reduced from $1.6B in 2019 to $1.5B (IndexBox estimates) in 2020.

Germany constitutes the major exporter of decaffeinated coffee in the world, with the volume of exports amounting to 153K tonnes, which was approx. 48% of total exports in 2020. In Germany, decaffeinated coffee exports declined by -2.6% over the last year.

Viet Nam (24K tonnes) held a 7.5% share (based on tonnes) of total exports, which put it in second place, followed by Switzerland (7.4%), Spain (6.6%), Canada (5.9%) and Colombia (5.1%). Mexico (10K tonnes) and France (7.7K tonnes) occupied a minor share of total exports.

In value terms, Germany ($480M) remains the largest decaffeinated coffee supplier worldwide, comprising 33% of global exports. The second position in the ranking was occupied by Switzerland ($219M), with a 15% share of global exports. It was followed by France, with a 9.1% share.

In 2020, the average decaffeinated coffee export price amounted to $4,618 per tonne, picking up by +5.6% against the previous year. Prices varied noticeably by country of origin. The country with the highest price was France, while Viet Nam was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

World’s Largest Importers of Decaffeinated Coffee

The U.S. remains the largest importing country with an import of about 101K tonnes, which accounted for 41% of total imports. In 2020, the U.S. reduced its purchases by -7.8% against the previous year. Germany was the largest supplier of decaffeinated coffee to the U.S. last year.

Spain (34K tonnes) ranks second in terms of the total imports with a 14% share, followed by the Netherlands (5.6%) and Switzerland (4.6%). France (11K tonnes), Italy (10K tonnes), the UK (9.5K tonnes), Canada (5.7K tonnes), Saudi Arabia (4.1K tonnes), Mexico (4K tonnes) and South Korea (3.9K tonnes) held a minor share of total imports.

In value terms, the U.S. ($411M) constitutes the largest market for imported decaffeinated coffee worldwide, comprising 33% of global imports. The second position in the ranking was occupied by Spain ($121M), with a 9.8% share of global imports. It was followed by France, with a 7.7% share.

Source: IndexBox Platform

organic

American Exports of Organic Surface-Active Agents Go Up

IndexBox has just published a new report: ‘U.S. – Organic Surface Active Agents – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

American exports of organic surface-active agent exports increased by +5.6% y-o-y to $3.5B in 2020. In physical terms, exports grew by +3.7% y-o-y to 1.4M tonnes. Canada remains the largest importer of organic surface-active agents from the U.S., comprising a 55% share of American exports. Mexico and China follow Canada in this ranking. Last year, all three countries recorded moderate growth in imports of the product from America. In 2020, the U.S. average export price for organic surface-active agents grew by +1.8% y-o-y to $2,584 per tonne.

U.S. Exports of Organic Surface-Active Agents

In 2020, the amount of organic surface-active agents exported from the U.S. reached 1.4M tonnes, surging by +3.7% on the previous year. In value terms, exports of organic surface-active agents rose by +5.6% y-o-y to $3.5B (IndexBox estimates) in 2020.

Canada (756K tonnes) was the main destination for organic surface-active agent exports from the U.S., with a 55% share of total exports. Moreover, surface-active agent exports to Canada exceeded the volume sent to the second major destination, Mexico (108K tonnes), sevenfold. China (54K tonnes) ranked third in terms of total exports with a 3.9% share.

In 2020, the average annual rate of growth in terms of volume to Canada amounted to +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+8.8% per year) and China (+8.3% per year).

In value terms, Canada ($1.5B) remains the key foreign market for surface-active agent exports from the U.S., comprising 43% of total exports. The second position in the ranking was occupied by Mexico ($249M), with a 7% share of total exports. It was followed by China, with a 5.9% share.

The average export price for organic surface-active agents stood at $2,584 per tonne in 2020, growing by +1.8% against the previous year. Prices varied noticeably by country of destination. The country with the highest price was Taiwan ($5,214 per tonne), while the average price for exports to Canada ($1,989 per tonne) was among the lowest. In 2020, the most notable growth rate in terms of prices was recorded for supplies to Taiwan, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

protein

The U.S. Doubles Its Protein Concentrate Exports in Past Decade

IndexBox has just published a new report: ‘U.S. – Protein Concentrates And Flavoured Or Coloured Sugar Syrups – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In the past decade, American protein concentrate exports doubled, reaching $873M in 2020. Last year, protein concentrate exports from the U.S. decreased slightly in physical terms but kept stable in value terms. Canada, Mexico and the Netherlands constitute the major importers of American proteins, with a combined 36%-share of the total U.S. exports. The average U.S. export price for protein concentrates soared by +15% y-o-y to $6,578 per tonne in 2020.

American Protein Concentrate Exports

American protein concentrate exports doubled in the past decade, from $394M in 2010 to $873M (IndexBox estimates) in 2020. Last year, exports in value terms remained relatively unchanged as compared to the figures of 2019. In physical terms, approx. 133K tonnes of protein concentrates were exported from the U.S. in 2020, shrinking by -12.8% against the year before.

Canada (19K tonnes), Mexico (18K tonnes) and the Netherlands (11K tonnes) were the main destinations of protein concentrate exports from the U.S., with a combined 36% share of total exports. These countries were followed by South Korea, the UK, Australia, Japan, Colombia, Germany, Thailand, Guatemala, Spain and Switzerland, which accounted for a further 28%.

In value terms, the largest markets for protein concentrate exported from the U.S. were Canada ($141M), South Korea ($102M) and the Netherlands ($74M), with a combined 36% share of total exports. Mexico, Thailand, Australia, Japan, the UK, Colombia, Germany, Switzerland, Guatemala and Spain lagged somewhat behind, comprising a further 29%.

In 2020, Switzerland saw the biggest increases in imports from the U.S. American exports to Switzerland grew from $0.5M to $8.0M over the last year.

In 2020, the average U.S. export price for protein concentrates amounted to $6,578 per tonne, surging by +15% against the previous year. There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Thailand, while the average price for exports to Spain was amongst the lowest. In 2020, the most notable growth rate in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

glycerol

World Glycerol Trade Intensifies

IndexBox has just published a new report: ‘World – Refined or Synthetic Glycerol – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

In the past decade, global glycerol exports saw a twofold increase both in physical and value terms. In 2020, glycerol exports grew by +2.3% y-o-y to $1.3B. In physical terms, exports soared by +8.5% y-o-y to 1.9M tonnes last year. Indonesia, Germany and Malaysia constitute the largest glycerol exporters worldwide. China, the U.S. and the Netherlands feature among the largest markets for imported glycerol. In 2020, South Korea recorded the highest import growth rate, while India, China, the Netherlands, Italy, France, the UK, Spain and the Czech Republic also boosted glycerol purchases abroad. 

Global Glycerol Exports

Over the past decade, global exports of glycerol increased twofold, both in volume and value terms. In 2020, global exports of glycerol were estimated at 1.9M tonnes, increasing by +8.5% against the year before. In value terms, exports rose by +2.3% y-o-y to $1.3B (IndexBox estimates) in 2020.

In 2020, Indonesia (524K tonnes), distantly followed by Malaysia (331K tonnes), Germany (263K tonnes), the Netherlands (223K tonnes) and Brazil (95K tonnes) represented the main exporters of glycerol, mixing up 77% of total exports. Argentina (69K tonnes), Thailand (43K tonnes), Belgium (38K tonnes), the U.S. (33K tonnes) and Poland (29K tonnes) held a little share of total exports.

In value terms, Indonesia ($310M), Germany ($219M) and Malaysia ($209M) appeared to be the countries with the highest levels of exports in 2020, with a combined 58% share of global exports. The Netherlands, Brazil, the U.S., Belgium, Argentina, Thailand and Poland lagged somewhat behind, together accounting for a further 28%.

In 2020, the average glycerol export price amounted to $681 per tonne, falling by -5.7% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the U.S., while Argentina was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Key Glycerol Importers

In 2020, China (427K tonnes), distantly followed by the U.S. (141K tonnes) and the Netherlands (127K tonnes) represented the key importers of glycerol, together comprising 36% of total imports. The following importers – Japan (76K tonnes), France (66K tonnes), South Korea (61K tonnes), the UK (56K tonnes), India (55K tonnes), Mexico (52K tonnes), Spain (49K tonnes), Italy (45K tonnes), Thailand (45K tonnes) and Germany (44K tonnes) – together made up 29% of total imports.

In value terms, the largest glycerol importing markets worldwide were China ($232M), the U.S. ($121M) and the Netherlands ($65M), with a combined 33% share of global imports. These countries were followed by Japan, France, South Korea, the UK, Spain, Germany, Italy, Mexico, India and Thailand, which together accounted for a further 31%.

South Korea saw the highest imports growth rate, doubling the value of purchases from abroad last year. Among other largest importers, India, China, the Netherlands, Italy, France, the UK, Spain and the Czech Republic ramped up their imports significantly in 2020.

Source: IndexBox Platform

potato

World Potato Trade Slips Under $5B

IndexBox has just published a new report: ‘World – Potato – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Global potato exports dropped from $5.1B in 2019 to $4.3B in 2020. France, the Netherlands and Germany constitute major potato exporters worldwide. In 2020, the average potato export price amounted to $327 per tonne, decreasing by -6.3% y-o-y. Belgium, a country with one of the highest per capita potato consumption figures, remains the world’s largest importer. Over the last year, most importing countries have reduced their potato purchases. By contrast, Belgium, Spain, the U.S., Uzbekistan, Ukraine, the Czech Republic and the UK boosted their imports. 

Global Potato Exports by Country

Global potato exports shrank to 13M tonnes in 2020, dropping by -11.3% compared with the year before. In value terms, potato exports plummeted from $5.1B in 2019 to $4.3B (IndexBox estimates) in 2020.

The biggest shipments were from France (2.3M tonnes), the Netherlands (2M tonnes) and Germany (1.9M tonnes), together recording 48% of total export. It was distantly followed by Belgium (1M tonnes), comprising a 7.7% share of total exports. Egypt (561K tonnes), Canada (530K tonnes), the U.S. (506K tonnes), China (442K tonnes), Kazakhstan (318K tonnes), India (298K tonnes), Spain (285K tonnes), the UK (279K tonnes) and Pakistan (276K tonnes) occupied a relatively small share of total exports.

In value terms, the Netherlands ($826M), France ($684M) and Germany ($374M) were the countries with the highest levels of exports in 2020, with a combined 44% share of global exports. Canada, China, the U.S., Egypt, Belgium, the UK, Spain, India, Pakistan and Kazakhstan lagged somewhat behind, together accounting for a further 39%.

In 2020, the average potato export price amounted to $327 per tonne, falling by -6.3% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China, while Kazakhstan was amongst the lowest.

World’s Largest Potato Importers

In 2020, Belgium (3M tonnes), distantly followed by the Netherlands (1.6M tonnes), Spain (0.9M tonnes) and Germany (0.7M tonnes) were the main importers of potatoes, together achieving 43% of total imports. Italy (618K tonnes), the U.S. (501K tonnes), Uzbekistan (409K tonnes), Portugal (378K tonnes), France (331K tonnes), Ukraine (285K tonnes), Russia (241K tonnes), Malaysia (236K tonnes) and Canada (233K tonnes) followed a long way behind the leaders.

In value terms, Belgium ($595M), the Netherlands ($345M) and Spain ($314M) were the countries with the highest levels of imports in 2020, together accounting for 28% of global imports. The U.S., Germany, Italy, France, Russia, Portugal, Canada, Malaysia, Ukraine and Uzbekistan lagged somewhat behind, together accounting for a further 30%.

Most importing countries have reduced their purchases over the last year. Belgium, Spain, the U.S., Uzbekistan, Ukraine, the Czech Republic and the UK were among the few countries that increased their imports in 2020.

The countries with the highest levels of potato per capita consumption in 2020 were Belarus (608 kg per person), Belgium (522 kg per person) and Ukraine (474 kg per person).

Source: IndexBox Platform

fruit

Global Frozen Fruit Trade Grows Robustly

IndexBox has just published a new report: ‘World – Frozen Fruits – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tonnes. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per tonne in 2020, increasing by +8.2% y-o-y. 

Global Frozen Fruit Imports by Country

In 2020, global imports of frozen fruits amounted to 2.7M tonnes, increasing by +3% on 2019 figures. In value terms, frozen fruit imports expanded by +11.4% y-o-y to $5.8B (IndexBox estimates) in 2020. Global frozen fruit imports have expanded twofold in the past decade.

In 2020, the U.S. (544K tonnes) and Germany (376K tonnes) constituted the key importers of frozen fruits worldwide, together comprising approx. 34% of total imports. France (186K tonnes) occupied the next position in the ranking, followed by the Netherlands (159K tonnes). All these countries together held approx. 13% share of total imports. The following importers – Poland (115K tonnes), Belgium (113K tonnes), the UK (107K tonnes), Canada (100K tonnes), China (98K tonnes), Russia (95K tonnes), Japan (82K tonnes), Austria (66K tonnes) and Australia (55K tonnes) – together made up 31% of total imports.

In 2020, the most notable growth rate in purchases amongst the leading importing countries was attained by the U.S. (+19.7% y-o-y), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit importing markets worldwide were the U.S. ($1.1B), Germany ($675M) and China ($428M), with a combined 39% share of global imports.

The average frozen fruit import price stood at $2,121 per tonne in 2020, growing by +8.2% against the previous year. There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($4,385 per tonne), while Russia ($1,148 per tonne) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Austria, while the other global leaders experienced more modest paces of growth.

World’s Largest Suppliers of Frozen Fruits

In 2020, Poland (335K tonnes), followed by Serbia (205K tonnes), Canada (201K tonnes), Mexico (159K tonnes), China (133K tonnes), the Netherlands (115K tonnes) and Egypt (113K tonnes) represented the major exporters of frozen fruits, together constituting 52% of total exports. Peru (101K tonnes), the U.S. (101K tonnes), Morocco (85K tonnes), Costa Rica (75K tonnes), Belgium (73K tonnes) and Germany (61K tonnes) occupied a relatively small share of total exports.

In value terms, the largest frozen fruit supplying countries worldwide were Poland ($551M), Canada ($436M) and Serbia ($428M), together comprising 28% of global exports. These countries were followed by Mexico, Peru, the U.S., the Netherlands, China, Belgium, Egypt, Germany, Morocco and Costa Rica, which together accounted for a further 38%.

Source: IndexBox Platform

sausage

German Sausage Exports Grow Tangibly

IndexBox has just published a new report: ‘Germany – Sausages And Similar Products Of Meat – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

In 2020, German exports of sausages and similar meat products jumped by +7.8% y-o-y to $855M. The UK, France and Denmark constitute the largest importers of sausages from Germany, with a combined 51% share of total exports. Exports to these three countries rose in value terms due to increased prices for German sausages. The average export price for sausages from Germany grew by +14% y-o-y to $5,435 per tonne in 2020.

German Sausage Exports by Country

In 2020, German exports of sausages and similar meat products expanded by +7.8% y-o-y to $855M (IndexBox estimates). In physical terms, approx. 157K tonnes were exported from Germany, which is down by -5.4% against 2019 figures.

The UK (43K tonnes), France (25K tonnes) and Denmark (12K tonnes) were the main destinations of sausage exports from Germany, with a combined 51% share of total exports. These countries were followed by the Netherlands, Belgium, Spain, Austria, Sweden, the Czech Republic, Romania, Bulgaria, Italy and Hungary, which accounted for a further 36%.

In value terms, the UK ($230M) remains the key foreign market for sausage exports from Germany, comprising 27% of total exports. The second position in the ranking was occupied by France ($114M), with a 13% share of total exports. It was followed by the Netherlands, with a 9.3% share.

In 2020, the average annual growth rate in terms of value to the UK stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+8.2% per year) and the Netherlands (+5.3% per year).

The average sausage export price stood at $5,435 per tonne in 2020, picking up by +14% against the previous year. There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the Netherlands ($7,763 per tonne), while the average price for exports to Bulgaria ($2,426 per tonne) was amongst the lowest. In 2020, the most notable growth rate in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Platform

meat

American Canned Meat Imports Rise Steadily

IndexBox has just published a new report: ‘U.S. – Canned Meat – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

Over the past decade, American imports of canned meat increased twofold, from $447M in 2010 to $1B in 2020. In physical terms, the U.S. canned meat imports rose by +4.5% y-o-y to 152K tonnes last year. Canada, Brazil and Poland constitute the largest suppliers of canned meat to the U.S., providing 72% of the American import volume. In 2020, Denmark emerged as the fastest-growing exporter of canned meat to the U.S. Last year, the average canned meat import price amounted to $6,669 per tonne, decreasing by -2.8% compared to the figures of 2019. 

American Canned Meat Imports

Over the period from 2010 to 2020, American imports increased twofold, from $447M to $1B. In 2020, imports of canned meat into the U.S. expanded slightly to 152K tonnes, with an increase of +4.5% compared with the year before. In value terms, canned meat imports grew by +1.6% y-o-y to $1B (IndexBox estimates) in 2020.

Canada (61K tonnes), Brazil (40K tonnes) and Poland (9.5K tonnes) were the main suppliers of canned meat imports to the U.S., together comprising 72% of total imports. These countries were followed by Chile, Mexico, Denmark and Uruguay, which together accounted for a further 21%.

In value terms, Canada ($392M), Brazil ($323M) and Poland ($46M) constituted the largest canned meat suppliers to the U.S., with a combined 75% share of total imports. Uruguay, Mexico, Denmark and Chile lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, Denmark (+59.0% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

In 2020, the average canned meat import price amounted to $6,669 per tonne, dropping by -2.8% against the previous year. Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($8,085 per tonne), while the price for Chile ($3,375 per tonne) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform