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U.S. Oat Market – Key Statistics, Trends, and Insights

oat market

U.S. Oat Market – Key Statistics, Trends, and Insights

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

The revenue of the oat market in the U.S. amounted to $525M in 2018, increasing by 6.1% 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, oat consumption, however, continues to indicate a temperate decrease. The pace of growth appeared the most rapid in 2008 with an increase of 26% year-to-year. In that year, the oat market attained its peak level of $861M. From 2009 to 2018, the growth of the oat market failed to regain its momentum.

Production in the U.S.

In 2018, the production of oats in the U.S. amounted to 815K tonnes, jumping by 13% against the previous year. In general, oat production, however, continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. Oat production peaked at 1.3M tonnes in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure. Oat output in the U.S. indicated a drastic setback, which was largely conditioned by a deep deduction of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, oat production amounted to $288M in 2018. In general, oat production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when production volume increased by 88% against the previous year. Oat production peaked at $426M in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Harvested Area in the U.S.

Oat harvested area in the U.S. amounted to 350K ha in 2018, surging by 7.6% against the previous year. In general, the oat harvested area, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2015 when harvested area increased by 23% y-o-y. Over the period under review, the harvested area dedicated to oat production attained its maximum at 609K ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Yield in the U.S.

In 2018, the average yield of oats in the U.S. amounted to 2.3 tonne per ha, jumping by 5.2% against the previous year. Overall, the oat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when yield increased by 6.8% against the previous year. Oat yield peaked at 2.5 tonne per ha in 2015; however, from 2016 to 2018, yield stood at a somewhat lower figure.

Exports from the U.S.

Oat exports from the U.S. stood at 28K tonnes in 2018, going down by -35.3% against the previous year. Over the period under review, oat exports continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2008 when exports increased by 65% year-to-year. In that year, oat exports reached their peak of 57K tonnes. From 2009 to 2018, the growth of oat exports remained at a lower figure.

In value terms, oat exports totaled $10M (IndexBox estimates) in 2018. Overall, oat exports continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2008 with an increase of 81% against the previous year. Over the period under review, oat exports attained their peak figure at $16M in 2017, and then declined slightly in the following year.

Exports by Country

Canada (9.4K tonnes) was the main destination for oat exports from the U.S., accounting for a 33% share of total exports. Moreover, oat exports to Canada exceeded the volume sent to the second major destination, Japan (4.2K tonnes), twofold. Taiwan, Chinese (2.6K tonnes) ranked third in terms of total exports with a 9% share.

From 2007 to 2018, the average annual growth rate of volume to Canada totaled -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+19.1% per year) and Taiwan, Chinese (+8.4% per year).

In value terms, the largest markets for oat exported from the U.S. were Japan ($2.4M), Canada ($2M) and China, Hong Kong SAR ($1.3M), with a combined 58% share of total exports. Mexico, Taiwan, Chinese, Singapore, China, Belize, Trinidad and Tobago and the Dominican Republic lagged somewhat behind, together comprising a further 27%.

China (+54.2% per year) experienced the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oat export price stood at $354 per tonne in 2018, remaining relatively unchanged against the previous year. Over the period under review, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +4.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices for oats attained their peak figure at $384 per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($1,037 per tonne), while the average price for exports to Canada ($216 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, Hong Kong SAR, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, approx. 1.5M tonnes of oats were imported into the U.S.; growing by 12% against the previous year. Overall, oat imports, however, continue to indicate a temperate slump. The most prominent rate of growth was recorded in 2014 when imports increased by 26% against the previous year. Imports peaked at 1.9M tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, oat imports amounted to $329M (IndexBox estimates) in 2018. Over the period under review, oat imports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2008 when imports increased by 45% against the previous year. In that year, oat imports attained their peak of $541M. From 2009 to 2018, the growth of oat imports failed to regain its momentum.

Imports by Country

In 2018, Canada (1.5M tonnes) was the main oat supplier to the U.S., accounting for a 97% share of total imports. It was followed by Sweden (27K tonnes), with a 1.8% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Canada amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.9% per year) and Finland (+6.0% per year).

In value terms, Canada ($320M) constituted the largest supplier of oat to the U.S., comprising 97% of total oat imports. The second position in the ranking was occupied by Sweden ($4.4M), with a 1.4% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Canada totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.7% per year) and Finland (+5.4% per year).

Import Prices by Country

In 2018, the average oat import price amounted to $219 per tonne, declining by -10.4% against the previous year. Overall, the oat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by 71% against the previous year. In that year, the average import prices for oats attained their peak level of $339 per tonne. From 2009 to 2018, the growth in terms of the average import prices for oats remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Canada ($220 per tonne), while the price for Sweden ($167 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

toilet paper

Global Toilet Paper Market – U.S. ($375M), Germany ($320M), and the Netherlands ($164M) Are the Biggest Importers

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

The global toilet paper market revenue amounted to $60.4B in 2018, going up by 6.6% 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).

The market value increased at an average annual rate of +2.9% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of 12% year-to-year. The global toilet paper consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Exports 2007-2018

In 2018, approx. 2.1M tonnes of toilet paper were exported worldwide; going up by 4.9% against the previous year. Over the period under review, toilet paper exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by 5.3% against the previous year. Over the period under review, global toilet paper exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, toilet paper exports totaled $3.7B (IndexBox estimates) in 2018.

Exports by Country

China (229K tonnes) and Germany (222K tonnes) represented the main exporters of toilet paper in 2018, finishing at approx. 11% and 11% of total exports, respectively. It was followed by Italy (127K tonnes), France (113K tonnes), Poland (109K tonnes) and Sweden (104K tonnes), together comprising a 21% share of total exports. Canada (84K tonnes), El Salvador (80K tonnes), Mexico (73K tonnes), Slovakia (73K tonnes), the U.S. (71K tonnes) and Austria (70K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mexico, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average toilet paper export price amounted to $1,735 per tonne, increasing by 5.9% against the previous year. Over the period under review, the toilet paper export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by 15% y-o-y. Over the period under review, the average export prices for toilet paper attained their maximum at $1,903 per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($2,648 per tonne), while Slovakia ($1,346 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the global toilet paper imports amounted to 2.1M tonnes, growing by 5.1% against the previous year. The total import volume increased at an average annual rate of +1.4% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when imports increased by 7.9% year-to-year. Over the period under review, global toilet paper imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, toilet paper imports amounted to $3.6B (IndexBox estimates) in 2018.

Imports by Country

The U.S. (208K tonnes) and Germany (199K tonnes) represented roughly 20% of total imports of toilet paper in 2018. It was followed by the Netherlands (100K tonnes), achieving a 4.9% share of total imports. The following importers – France (87K tonnes), China, Hong Kong SAR (83K tonnes), Denmark (72K tonnes), Saudi Arabia (66K tonnes), Canada (66K tonnes), Belgium (64K tonnes), the Czech Republic (60K tonnes), Norway (52K tonnes) and Austria (48K tonnes) – together made up 29% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($375M), Germany ($320M) and the Netherlands ($164M) were the countries with the highest levels of imports in 2018, with a combined 24% share of global imports.

Import Prices by Country

In 2018, the average toilet paper import price amounted to $1,747 per tonne, jumping by 3.1% against the previous year. Overall, the toilet paper import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by 9.5% against the previous year. Over the period under review, the average import prices for toilet paper attained their maximum at $1,937 per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($2,473 per tonne), while Saudi Arabia ($1,460 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

strawberry

EU Strawberry Market Reached $3.8B and Is Set To Continue Moderate Growth

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

The revenue of the strawberry market in the European Union amounted to $3.8B in 2018, rising by 1.9% 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). The market value increased at an average annual rate of +2.1% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. Strawberry consumption peaked in 2018 and is expected to retain its growth in the near future.

Consumption By Country

The countries with the highest volumes of strawberry consumption in 2018 were Germany (233K tonnes), Poland (203K tonnes) and the UK (183K tonnes), together comprising 51% of total consumption. Italy, France, Spain, Belgium, Romania, Greece, Portugal, Austria and Sweden lagged somewhat behind, together comprising a further 39%.

From 2007 to 2018, the most notable rate of growth in terms of strawberry consumption, amongst the main consuming countries, was attained by Greece, while strawberry consumption for the other leaders experienced more modest paces of growth.

In value terms, Germany ($819M), the UK ($792M) and Italy ($360M) were the countries with the highest levels of market value in 2018, together comprising 52% of the total market. Poland, France, Spain, Romania, Belgium, Sweden, Austria, Portugal and Greece lagged somewhat behind, together comprising a further 36%.

The countries with the highest levels of strawberry per capita consumption in 2018 were Poland (5,315 kg per 1000 persons), Belgium (2,900 kg per 1000 persons) and Germany (2,844 kg per 1000 persons).

Market Forecast to 2030

Driven by increasing demand for strawberry in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.1% for the period from 2018 to 2030, which is projected to bring the market volume to 1.4M tonnes by the end of 2030.

Production in the EU

In 2018, approx. 1.3M tonnes of strawberries were produced in the European Union; standing approx. at the previous year. The total output volume increased at an average annual rate of +1.6% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. In 2015, strawberry production reached its peak volume of 1.4M tonnes but from 2016 to 2018 it failed to regain its momentum. The general positive trend in terms of strawberry output was largely conditioned by a mild expansion of the harvested area and measured growth in yield figures.

Production By Country

The countries with the highest volumes of strawberry production in 2018 were Spain (345K tonnes), Poland (196K tonnes) and Germany (142K tonnes), together accounting for 54% of total production. The UK, Italy, the Netherlands and Greece lagged somewhat behind, together comprising a further 29%.

From 2007 to 2018, the most notable rate of growth in terms of strawberry production, amongst the main producing countries, was attained by Greece, while strawberry production for the other leaders experienced more modest paces of growth.

Harvested Area

In 2018, approx. 103K ha of strawberries were harvested in the European Union; reducing by -1.7% against the previous year. Over the period under review, the strawberry harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 9.6% against the previous year. In that year, the strawberry harvested area attained its peak level of 111K ha. From 2014 to 2018, the growth of the strawberry harvested area failed to regain its momentum.

Yield

The average strawberry yield stood at 12 tonne per ha in 2018, flattening at the previous year. The yield figure increased at an average annual rate of +2.1% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period.

Exports in the EU

In 2018, the amount of strawberries exported in the European Union totaled 476K tonnes, coming down by -3.8% against the previous year. The total export volume increased at an average annual rate of +2.3% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. Over the period under review, strawberry exports reached their maximum at 515K tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure. In value terms, strawberry exports totaled $1.3B (IndexBox estimates) in 2018.

Exports by Country

Spain represented the main exporter of strawberries exported in the European Union, with the volume of exports amounting to 279K tonnes, which was approx. 59% of total exports in 2018. The Netherlands (70K tonnes) ranks second in terms of the total exports with a 15% share, followed by Belgium (9.5%) and Greece (6.2%). Italy (14K tonnes), Germany (12K tonnes) and France (11K tonnes) followed a long way behind the leaders.

Exports from Spain increased at an average annual rate of +2.7% from 2007 to 2018. At the same time, Greece (+19.9%), the Netherlands (+6.2%) and Belgium (+1.3%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +19.9% from 2007-2018. Germany experienced a relatively flat trend pattern with regard to strawberry exports. By contrast, Italy (-2.2%) and France (-7.2%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Spain, the Netherlands and Greece increased by +15%, +7.1% and +5.3% percentage points, while France (-2.8 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($694M) remains the largest strawberry supplier in the European Union, comprising 52% of total strawberry exports. The second position in the ranking was occupied by the Netherlands ($261M), with a 19% share of total exports. It was followed by Belgium, with a 13% share.

Export Prices by Country

The strawberry export price in the European Union stood at $2,810 per tonne in 2018, picking up by 2.9% against the previous year. In general, the strawberry export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for strawberries attained their peak figure at $3,298 per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($4,000 per tonne), while Greece ($1,385 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, the amount of strawberries imported in the European Union stood at 428K tonnes, falling by -8.1% against the previous year. The most prominent rate of growth was recorded in 2012 when imports increased by 13% against the previous year. In that year, strawberry imports attained their peak of 471K tonnes. From 2013 to 2018, the volume of strawberry imports remained at a lower figure. In value terms, strawberry imports amounted to $1.3B (IndexBox estimates) in 2018.

Imports by Country

In 2018, Germany (103K tonnes), distantly followed by the UK (52K tonnes), France (47K tonnes), Italy (36K tonnes), Belgium (35K tonnes), the Netherlands (27K tonnes) and Portugal (20K tonnes) were the largest importers of strawberries, together mixing up 75% of total imports. The following importers – Spain (15K tonnes), Austria (14K tonnes), Poland (13K tonnes), the Czech Republic (13K tonnes) and Sweden (7.6K tonnes) – together made up 15% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest strawberry importing markets in the European Union were Germany ($281M), the UK ($204M) and France ($173M), together accounting for 49% of total imports. These countries were followed by Belgium, the Netherlands, Italy, Austria, Spain, Portugal, Poland, Sweden and the Czech Republic, which together accounted for a further 41%.

Import Prices by Country

In 2018, the strawberry import price in the European Union amounted to $3,141 per tonne, picking up by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($4,036 per tonne), while Portugal ($2,113 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

paper

Spain’s Production of Corrugated Paper and Paperboard Posted Solid Gains over the Last Decade

The revenue of the corrugated paper market in Spain amounted to $635M in 2018, flattening at 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, corrugated paper consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by 14% year-to-year. In that year, the corrugated paper market reached its peak level of $806M. From 2012 to 2018, the growth of the corrugated paper market remained at a lower figure.

Production in Spain

In 2018, the amount of corrugated paper and paperboard produced in Spain amounted to 947K tonnes, approximately reflecting the previous year. The total output volume increased at an average annual rate of +3.6% over the period from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 when production volume increased by 14% against the previous year. Over the period under review, corrugated paper production reached its maximum volume in 2018 and is expected to retain its growth in the near future.

In value terms, corrugated paper production totaled $624M in 2018 estimated in export prices. Overall, corrugated paper production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when production volume increased by 15% against the previous year. Corrugated paper production peaked at $832M in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Exports from Spain

In 2018, the corrugated paper exports from Spain stood at 22K tonnes, going up by 40% against the previous year. Overall, corrugated paper exports, however, continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2018 when exports increased by 40% against the previous year. Over the period under review, corrugated paper exports attained their peak figure at 32K tonnes in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, corrugated paper exports amounted to $23M (IndexBox estimates) in 2018. Over the period under review, corrugated paper exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 40% year-to-year. Over the period under review, corrugated paper exports reached their peak figure at $25M in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

France (11K tonnes), Saudi Arabia (6.5K tonnes) and Portugal (3.6K tonnes) were the main destinations of corrugated paper exports from Spain, with a combined 97% share of total exports.

From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Saudi Arabia, while the other leaders experienced mixed trend patterns.

In value terms, France ($9.1M), Saudi Arabia ($7.9M) and Portugal ($2.3M) constituted the largest markets for corrugated paper exported from Spain worldwide, together accounting for 82% of total exports.

Portugal recorded the highest growth rate of exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average corrugated paper export price stood at $1,045 per tonne in 2018, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2011 an increase of 36% year-to-year. The export price peaked at $1,202 per tonne in 2015; however, from 2016 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($1,209 per tonne), while the average price for exports to Portugal ($631 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania, while the prices for the other major destinations experienced mixed trend patterns.

Imports into Spain

In 2018, the imports of corrugated paper and paperboard into Spain stood at 5.6K tonnes, falling by -3.8% against the previous year. Over the period under review, the total imports indicated a mild increase from 2008 to 2018: its volume increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, corrugated paper imports increased by +114.3% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 123% year-to-year. Over the period under review, corrugated paper imports reached their peak figure at 7.1K tonnes in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, corrugated paper imports amounted to $6.4M (IndexBox estimates) in 2018. Overall, corrugated paper imports, however, continue to indicate a notable increase. The growth pace was the most rapid in 2017 with an increase of 140% y-o-y. In that year, corrugated paper imports attained their peak of $7.3M, and then declined slightly in the following year.

Imports by Country

Germany (1.8K tonnes), France (1.4K tonnes) and Italy (1.1K tonnes) were the main suppliers of corrugated paper imports to Spain, with a combined 78% share of total imports. Slovenia, Portugal, China and the UK lagged somewhat behind, together accounting for a further 24%.

From 2008 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Slovenia, while the other leaders experienced more modest paces of growth.

In value terms, the largest corrugated paper suppliers to Spain were Germany ($2.7M), France ($1.7M) and Italy ($1.3M), together comprising 87% of total imports. Slovenia, Portugal, China, and the UK lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, Slovenia experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average corrugated paper import price stood at $1,144 per tonne in 2018, coming down by -8.3% against the previous year. Overall, the import price indicated a slight increase from 2008 to 2018: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the average import price increased by 26% against the previous year. Over the period under review, the average import prices for corrugated paper and paperboard attained their peak figure at $1,248 per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($1,536 per tonne), while the price for Slovenia ($900 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

meat

Global Market for Meat Flour, Meals And Pellets 2020: Exports is Under Pressure

IndexBox has just published a new report: ‘World – Flours, Meals And Pellets Of Meat Or Meat Offal – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The global meat meals and pellets market revenue amounted to $23.1B in 2018, jumping by 6% against the previous year. In general, the total market indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +2.1% over the last eleven years.

However, the intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.

Consumption By Country

China (6.6M tonnes) remains the largest meat meals and pellets consuming country worldwide, comprising approx. 17% of total volume. Moreover, meat meals and pellets consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.3M tonnes), twofold. The third position in this ranking was occupied by India (2.6M tonnes), with a 6.6% share.

In China, meat meals and pellets consumption increased at an average annual rate of +2.4% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of consumption growth: the U.S. (-0.1% per year) and India (+2.8% per year).

Exports 2007-2018

In 2018, approx. 4.4M tonnes of flours, meals and pellets of meat or meat offal were exported worldwide; going up by 14% against the previous year. Overall, meat meals and pellets exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 26% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat meals and pellets exports amounted to $2.2B (IndexBox estimates) in 2018. Over the period under review, meat meals and pellets exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008 with an increase of 37% year-to-year. Over the period under review, global meat meals and pellets exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, the U.S. (969K tonnes), distantly followed by the Netherlands (434K tonnes), Germany (354K tonnes), Australia (300K tonnes), France (298K tonnes), Spain (224K tonnes) and Poland (214K tonnes) represented the main exporters of flours, meals and pellets of meat or meat offal, together comprising 64% of total exports. The following exporters – Italy (196K tonnes), Brazil (168K tonnes), New Zealand (157K tonnes), Belgium (155K tonnes) and the UK (94K tonnes) – together made up 18% of total exports.

From 2007 to 2018, average annual rates of growth with regard to meat meals and pellets exports from the U.S. stood at +11.6%. At the same time, Poland (+30.8%), the Netherlands (+15.1%), Spain (+14.7%), France (+13.9%), the UK (+11.9%), Belgium (+11.6%), Germany (+10.6%), Brazil (+8.2%) and Italy (+7.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.8% from 2007-2018. Australia and New Zealand experienced a relatively flat trend pattern. While the share of the U.S. (+15 p.p.), the Netherlands (+7.8 p.p.), Germany (+5.4 p.p.), France (+5.2 p.p.), Poland (+4.6 p.p.), Spain (+4 p.p.), Italy (+2.5 p.p.), Belgium (+2.5 p.p.), Brazil (+2.2 p.p.) and the UK (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($564M) remains the largest meat meals and pellets supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by Australia ($219M), with a 10% share of global exports. It was followed by the Netherlands, with a 9.5% share.

In the U.S., meat meals and pellets exports increased at an average annual rate of +15.1% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+6.8% per year) and the Netherlands (+18.2% per year).

Export Prices by Country

In 2018, the average meat meals and pellets export price amounted to $497 per tonne, rising by 2.2% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2008 an increase of 18% against the previous year. Over the period under review, the average export prices for flours, meals and pellets of meat or meat offal reached their maximum at $576 per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($730 per tonne), while Belgium ($327 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

Global imports stood at 4M tonnes in 2018, surging by 14% against the previous year. Over the period under review, the total imports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +9.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat meals and pellets imports increased by +165.5% against 2007 indices. The pace of growth was the most pronounced in 2008 when imports increased by 27% y-o-y. Over the period under review, global meat meals and pellets imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, meat meals and pellets imports stood at $2B (IndexBox estimates) in 2018. Overall, meat meals and pellets imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2008 when imports increased by 39% y-o-y. The global imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The countries with the highest levels of meat meals and pellets imports in 2018 were Viet Nam (412K tonnes), the Philippines (336K tonnes), Thailand (315K tonnes), China (307K tonnes), Italy (291K tonnes), the U.S. (233K tonnes), the Netherlands (202K tonnes), Germany (157K tonnes), Mexico (144K tonnes), Chile (134K tonnes), France (108K tonnes) and Canada (80K tonnes), together reaching 68% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest meat meals and pellets importing markets worldwide were China ($207M), Viet Nam ($156M) and Thailand ($155M), together comprising 26% of global imports. These countries were followed by the U.S., the Philippines, Germany, the Netherlands, Italy, France, Chile, Canada and Mexico, which together accounted for a further 42%.

In terms of the main importing countries, the Philippines recorded the highest growth rate of the value of imports, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average meat meals and pellets import price stood at $504 per tonne in 2018, reducing by -2.8% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. In that year, the average import prices for flours, meals and pellets of meat or meat offal attained their peak level of $610 per tonne. From 2014 to 2018, the growth in terms of the average import prices for flours, meals and pellets of meat or meat offal remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($869 per tonne), while Italy ($300 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

feldspar

Global Feldspar Market Reached $2.1B, Growing for the Second Consecutive Year

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

The global feldspar market revenue amounted to $2.1B in 2018, growing by 7.2% 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). The market value increased at an average annual rate of +1.6% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the global feldspar market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Consumption By Country

The countries with the highest volumes of feldspar consumption in 2018 were Italy (5.4M tonnes), China (3.6M tonnes) and Spain (3.2M tonnes), together comprising 48% of global consumption. In these countries, feldspar is consumed mainly by the well-established domestic ceramic industry. Thailand, Iran, Russia, Poland, India, Pakistan, France, Bangladesh and Taiwan, Chinese lagged somewhat behind, together comprising a further 29%.

From 2007 to 2018, the most notable rate of growth in terms of feldspar consumption, amongst the main consuming countries, was attained by Pakistan, while feldspar consumption for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($231M), China ($202M) and Poland ($158M) constituted the countries with the highest levels of market value in 2018, with a combined 28% share of the global market. These countries were followed by Spain, Pakistan, India, France, Thailand, Iran, Russia, Bangladesh and Taiwan, Chinese, which together accounted for a further 25%.

The countries with the highest levels of feldspar per capita consumption in 2018 were Italy (91 kg per person), Spain (69 kg per person) and Poland (25 kg per person).

Market Forecast 2019-2025

Driven by increasing demand for feldspar worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.5% for the period from 2018 to 2030, which is projected to bring the market volume to 34M tonnes by the end of 2030.

Production 2007-2018

In 2018, approx. 25M tonnes of feldspar were produced worldwide; flattening at the previous year. The total output volume increased at an average annual rate of +1.3% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

Production By Country

The countries with the highest volumes of feldspar production in 2018 were Turkey (6.6M tonnes), China (4M tonnes) and Italy (3M tonnes), with a combined 54% share of global production. These countries were followed by India, Thailand, Iran, Pakistan, France, Spain, Poland, the Czech Republic and the U.S., which together accounted for a further 29%.

From 2007 to 2018, the most notable rate of growth in terms of feldspar production, amongst the main producing countries, was attained by Pakistan, while feldspar production for the other global leaders experienced more modest paces of growth.

Exports 2007-2018

In 2018, the global exports of feldspar stood at 10M tonnes, going up by 6.3% against the previous year. In general, the total exports indicated a measured expansion from 2007 to 2018: its volume increased at an average annual rate of +2.5% over the last eleven-year period. The global exports peaked in 2018 and are expected to retain its growth in the immediate term. In value terms, feldspar exports totaled $447M (IndexBox estimates) in 2018.

Exports by Country

Turkey dominates feldspar exports structure, resulting at 6.7M tonnes, which was approx. 66% of total exports in 2018. India (642K tonnes) held a 6.3% share (based on tonnes) of total exports, which put it in second place, followed by China (4.9%) and Ukraine (4.8%). The following exporters – Thailand (412K tonnes), Italy (266K tonnes) and the Czech Republic (259K tonnes) – together made up 9.3% of total exports.

Exports from Turkey increased at an average annual rate of +4.0% from 2007 to 2018. At the same time, Ukraine (+17.6%), the Czech Republic (+4.0%), Thailand (+3.9%) and India (+2.8%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.6% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, China (-7.8%) illustrated a downward trend over the same period.

In value terms, Turkey ($206M) remains the largest feldspar supplier worldwide, comprising 46% of global exports. The second position in the ranking was occupied by India ($47M), with a 11% share of global exports. It was followed by China, with a 6.4% share.

Export Prices by Country

The average feldspar export price stood at $44 per tonne in 2018, rising by 6.8% against the previous year. Overall, the feldspar export price, however, continues to indicate a relatively flat trend pattern. The global export price peaked at $55 per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was India ($73 per tonne), while Turkey ($31 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 10M tonnes of feldspar were imported worldwide; jumping by 16% against the previous year. Over the period under review, the total imports indicated a pronounced increase from 2007 to 2018: its volume increased at an average annual rate of +3.6% over the last eleven-year period. In value terms, feldspar imports totaled $532M (IndexBox estimates) in 2018.

Imports by Country

Spain (2,813K tonnes) and Italy (2,705K tonnes) represented roughly 53% of total imports of feldspar in 2018. Russia (664K tonnes) held the next position in the ranking, followed by Bangladesh (528K tonnes) and Taiwan, Chinese (486K tonnes). All these countries together occupied near 16% share of total imports. Poland (437K tonnes), the United Arab Emirates (386K tonnes), Indonesia (232K tonnes) and Viet Nam (216K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bangladesh, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest feldspar importing markets worldwide were Italy ($110M), Spain ($104M) and Russia ($29M), with a combined 46% share of global imports. Poland, Bangladesh, Taiwan, Chinese, Indonesia, Viet Nam and the United Arab Emirates lagged somewhat behind, together accounting for a further 23%.

Import Prices by Country

In 2018, the average feldspar import price amounted to $51 per tonne, approximately mirroring the previous year. Over the period under review, the feldspar import price, however, continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Indonesia ($89 per tonne), while Spain ($37 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

cement

Global Cement Market Reached $305B, With China Leading the Expansion

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

The global cement market revenue amounted to $305.4B in 2018, flattening at 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). The market value increased at an average annual rate of +3.0% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Consumption By Country

China (2,363M tonnes) remains the largest cement consuming country worldwide, accounting for 58% of total volume. Moreover, cement consumption in China exceeded the figures recorded by the second-largest consumer, India (289M tonnes), eightfold. The third position in this ranking was occupied by the U.S. (101M tonnes), with a 2.5% share. From 2007 to 2018, the average annual growth rate of volume in China totaled +5.2%.

Production 2007-2018

In 2018, the global cement production totaled 4,072M tonnes, growing by 1.8% against the previous year. The total output volume increased at an average annual rate of +3.6% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, cement production amounted to $289.7B in 2018 estimated in export prices. The total output value increased at an average annual rate of +2.6% from 2007 to 2018.

Production By Country

The country with the largest volume of cement production was China (2,370M tonnes), accounting for 58% of total volume. Moreover, cement production in China exceeded the figures recorded by the second-largest producer, India (290M tonnes), eightfold. The U.S. (89M tonnes) ranked third in terms of total production with a 2.2% share.

Exports 2007-2018

In 2018, the amount of cement exported worldwide amounted to 113M tonnes, picking up by 12% against the previous year. In value terms, cement exports stood at $8.1B (IndexBox estimates) in 2018. Over the period under review, cement exports, however, continue to indicate a slight decline.

Exports by Country

In 2018, China (7,314K tonnes), Germany (6,242K tonnes), Canada (6,241K tonnes), Viet Nam (6,196K tonnes), the United Arab Emirates (5,592K tonnes), Turkey (5,484K tonnes), Pakistan (4,190K tonnes), Greece (4,036K tonnes), Spain (3,657K tonnes), Japan (3,233K tonnes), Senegal (3,028K tonnes) and Slovakia (2,503K tonnes) were the main exporters of cement exported in the world, generating 51% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the United Arab Emirates, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cement export price stood at $72 per tonne in 2018, remaining relatively unchanged against the previous year. In general, the cement export price continues to indicate a relatively flat trend pattern. Prices varied noticeably by the country of origin; the country with the highest price was Germany ($83 per tonne), while Greece ($49 per tonne) was amongst the lowest.

Imports 2007-2018

In 2018, the amount of cement imported worldwide stood at 122M tonnes, going up by 11% against the previous year. The total import volume increased at an average annual rate of +2.1% from 2007 to 2018. In value terms, cement imports stood at $8.9B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +1.2% from 2007 to 2018.

Imports by Country

In 2018, the U.S. (14M tonnes), followed by Sri Lanka (6,687K tonnes) represented the main importers of cement, together comprising 17% of total imports. China, Hong Kong SAR (5,399K tonnes), the Philippines (4,652K tonnes), Oman (4,509K tonnes), Singapore (4,382K tonnes), France (3,859K tonnes), the UK (3,430K tonnes), the Netherlands (3,320K tonnes), Palestine (2,706K tonnes), Cambodia (2,479K tonnes) and Mali (2,292K tonnes) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +1.8% from 2007 to 2018. The Philippines (+3.8 p.p.), Sri Lanka (+3.8 p.p.), China, Hong Kong SAR (+3.4 p.p.), Oman (+3.4 p.p.), the U.S. (+2.1 p.p.) and Cambodia (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

Import Prices by Country

In 2018, the average cement import price amounted to $73 per tonne, rising by 1.9% against the previous year. Overall, the cement import price, however, continues to indicate a relatively flat trend pattern. Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($101 per tonne), while Singapore ($45 per tonne) was amongst the lowest.

Companies Mentioned

Lafarge Holcim , Anhui Conch Cement Company Limited , China National Building Materials (CNBM), China Resources Cement Holdings, HeidelbergCement AG, Cemex, S.A. de C.V., Saint-Gobain, Ambuja Cements, Italcementi, Votorantim Cimentos

Source: IndexBox AI Platform

turkey

Germany, Spain, and Poland Are the Largest Markets for Preserved Turkey Meat in the EU

IndexBox has just published a new report: ‘EU – Prepared Or Preserved Meat Or Offal Of Turkeys – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the preserved turkey market in the European Union amounted to $2.3B in 2018, remaining relatively unchanged 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, preserved turkey consumption, however, continues to indicate a mild drop. The pace of growth appeared the most rapid in 2011 with an increase of 12% y-o-y. The level of preserved turkey consumption peaked at $2.7B in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Consumption By Country

The countries with the highest volumes of preserved turkey consumption in 2018 were Germany (124K tonnes), Spain (88K tonnes) and Poland (57K tonnes), with a combined 54% share of total consumption. These countries were followed by France, the UK, Greece, the Netherlands, Hungary, Portugal, Italy, Belgium and Bulgaria, which together accounted for a further 35%.

From 2007 to 2018, the most notable rate of growth in terms of preserved turkey consumption, amongst the main consuming countries, was attained by Hungary, while preserved turkey consumption for the other leaders experienced more modest paces of growth.

In value terms, Germany ($572M), Spain ($353M) and France ($287M) constituted the countries with the highest levels of market value in 2018, with a combined 54% share of the total market. These countries were followed by Poland, the UK, Greece, Portugal, Belgium, Italy, Bulgaria, Hungary and the Netherlands, which together accounted for a further 35%.

The countries with the highest levels of preserved turkey per capita consumption in 2018 were Greece (2,075 kg per 1000 persons), Spain (1,887 kg per 1000 persons) and Germany (1,512 kg per 1000 persons).

From 2007 to 2018, the most notable rate of growth in terms of preserved turkey per capita consumption, amongst the main consuming countries, was attained by Hungary, while preserved turkey per capita consumption for the other leaders experienced more modest paces of growth.

Market Forecast to 2030

Driven by increasing demand for preserved turkey in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +1.6% for the period from 2018 to 2030, which is projected to bring the market volume to 598K tonnes by the end of 2030.

Production in the EU

The preserved turkey production totaled 512K tonnes in 2018, dropping by -4.6% against the previous year. The total output volume increased at an average annual rate of +2.3% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 with an increase of 8.1% year-to-year. In that year, preserved turkey production attained its peak volume of 537K tonnes, and then declined slightly in the following year.

In value terms, preserved turkey production amounted to $2.2B in 2018 estimated in export prices. Over the period under review, preserved turkey production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of 17% year-to-year. In that year, preserved turkey production attained its peak level of $2.6B. From 2012 to 2018, preserved turkey production growth remained at a somewhat lower figure.

Production By Country

The countries with the highest volumes of preserved turkey production in 2018 were Germany (129K tonnes), Spain (89K tonnes) and Poland (69K tonnes), with a combined 56% share of total production.

From 2007 to 2018, the most notable rate of growth in terms of preserved turkey production, amongst the main producing countries, was attained by Germany, while preserved turkey production for the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the preserved turkey exports in the European Union totaled 122K tonnes, going up by 9.2% against the previous year. The total export volume increased at an average annual rate of +4.5% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when exports increased by 19% y-o-y. Over the period under review, preserved turkey exports reached their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, preserved turkey exports amounted to $474M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +2.9% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2008 with an increase of 32% y-o-y. The level of exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The Netherlands was the major exporter of prepared or preserved meat or offal of turkeys exported in the European Union, with the volume of exports resulting at 41K tonnes, which was approx. 34% of total exports in 2018. Germany (21K tonnes) held the second position in the ranking, followed by Poland (13,041 tonnes), Belgium (8,602 tonnes), Italy (8,022 tonnes), France (6,983 tonnes), Hungary (6,934 tonnes) and Spain (6,045 tonnes). All these countries together held near 58% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved turkey supplying countries in the European Union were the Netherlands ($134M), Germany ($106M) and Belgium ($49M), with a combined 61% share of total exports.

In terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the preserved turkey export price in the European Union amounted to $3,900 per tonne, remaining relatively unchanged against the previous year. Overall, the preserved turkey export price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2011 an increase of 16% y-o-y. The level of export price peaked at $5,155 per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($5,720 per tonne), while Poland ($2,839 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced a decline in the export price figures.

Imports in the EU

In 2018, the amount of prepared or preserved meat or offal of turkeys imported in the European Union stood at 107K tonnes, rising by 13% against the previous year. In general, preserved turkey imports, however, continue to indicate a significant drop. The pace of growth appeared the most rapid in 2018 with an increase of 13% y-o-y. The volume of imports peaked at 152K tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, preserved turkey imports amounted to $403M (IndexBox estimates) in 2018. In general, preserved turkey imports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by 14% against the previous year. Over the period under review, preserved turkey imports reached their peak figure at $601M in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Germany (16,239 tonnes), France (11,509 tonnes), Hungary (7,889 tonnes), the UK (7,614 tonnes), Greece (7,423 tonnes), the Netherlands (6,661 tonnes), Italy (6,577 tonnes), Belgium (6,314 tonnes), Spain (5,158 tonnes), Austria (5,019 tonnes), Portugal (4,455 tonnes) and Ireland (4,418 tonnes) represented roughly 84% of total imports of prepared or preserved meat or offal of turkeys in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Hungary, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved turkey importing markets in the European Union were Germany ($60M), France ($51M) and the Netherlands ($32M), together comprising 35% of total imports. The UK, Belgium, Greece, Italy, Austria, Portugal, Spain, Ireland and Hungary lagged somewhat behind, together accounting for a further 47%.

Hungary experienced the highest growth rate of the value of imports, among the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The preserved turkey import price in the European Union stood at $3,777 per tonne in 2018, standing approx. at the previous year. Over the period under review, the preserved turkey import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the import price increased by 22% y-o-y. Over the period under review, the import prices for prepared or preserved meat or offal of turkeys attained their peak figure at $4,847 per tonne in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($4,854 per tonne), while Hungary ($1,577 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

rye

U.S. Rye Production Dropped for a Third Consecutive Year in 2018

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

The U.S. rye market rose by 16% to reach  $362M in 2018. Over the last decade, rye consumption continues to indicate a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 29% against the previous year. Rye consumption peaked at $364M in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Market Forecast

Driven by increasing demand for rye in the U.S., the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.4% for the period from 2018 to 2030, which is projected to bring the market volume to 728K tonnes by the end of 2030.

U.S. Production

Rye production in the U.S. totaled 214K tonnes in 2018, going down by -17.8% against the previous year. Based on 2018 figures, rye production decreased by -26.7% against 2015 indices. The pace of growth was the most pronounced in 2015 when production volume increased by 60% against the previous year. In that year, rye production attained its peak volume of 292K tonnes. From 2016 to 2018, rye production growth failed to regain its momentum.

Harvested Area and Yield

In 2018, the rye harvested area in the U.S. stood at 110K ha, lowering by -9% against the previous year. The average yield of rye totaled 1.9 tonne per ha, shrinking by -9.6% against the previous year. From 2007 to 2018, the yield figure increased at an average annual rate of +1.9% over the period .

Exports from the U.S.

Rye exports from the U.S. amounted to 3.6K tonnes in 2018, lowering by -13% against the previous year.

In value terms, rye exports amounted to $3.6M (IndexBox estimates) in 2018. Over the period under review, rye exports reached their peak figure at $6.6M in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

South Korea (583 tonnes), Japan (392 tonnes) and Canada (135 tonnes) were the main destinations of rye exports from the U.S., with a combined 31% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan, while exports for the other leaders experienced a decline.

Export Prices by Country

In 2018, the average rye export price amounted to $993 per tonne, growing by 16% against the previous year. Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($4,780 per tonne), while the average price for exports to the U.S. ($993 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the amount of rye imported into the U.S. amounted to 279K tonnes, jumping by 53% against the previous year. In value terms, rye imports stood at $68M (IndexBox estimates) in 2018.

Imports by Country

Canada (162K tonnes), Germany (85K tonnes) and Sweden (23K tonnes) were the main suppliers of rye imports to the U.S., together comprising 97% of total imports. These countries were followed by Denmark, which accounted for a further 2.7%.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Denmark, while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($43M) constituted the largest supplier of rye to the U.S., comprising 14% of total rye imports. The second position in the ranking was occupied by Germany ($18M), with a 5.8% share of total imports. It was followed by Sweden, with a 1.3% share.

From 2007 to 2018, the average annual growth rate of value from Canada amounted to +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.2% per year) and Sweden (+14.2% per year).

Import Prices by Country

In 2018, the average rye import price amounted to $242 per tonne, shrinking by -2.5% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Denmark ($317 per tonne), while the price for Sweden ($172 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform

steel

Global Iron Or Steel Pipe And Tube Market Increased to $124.6B

IndexBox has just published a new report: ‘World – Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the market for tubes, pipes and hollow profiles (of iron or steel) worldwide amounted to $124.6B in 2018, rising by 3.9% 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).

Consumption By Country

China (23M tonnes) constituted the country with the largest volume of consumption of tubes, pipes and hollow profiles (of iron or steel), comprising approx. 21% of total volume. Moreover, consumption of tubes, pipes and hollow profiles (of iron or steel) in China exceeded the figures recorded by the second-largest consumer, India (10M tonnes), twofold. Russia (9M tonnes) ranked third in terms of total consumption with a 8.4% share.

In China, consumption of tubes, pipes and hollow profiles (of iron or steel) remained relatively stable over the period from 2007-2018.

Production 2007-2018

In 2018, the amount of tubes, pipes and hollow profiles (of iron or steel) produced worldwide amounted to 109M tonnes, rising by 2.2% against the previous year. In general, production of tubes, pipes and hollow profiles (of iron or steel) continues to indicate a relatively flat trend pattern. Over the period under review, global production of tubes, pipes and hollow profiles (of iron or steel) reached its maximum volume in 2018 and is likely to see steady growth in the near future.

Production By Country

China (30M tonnes) remains the largest iron or steel pipe and tube producing country worldwide, comprising approx. 28% of total volume. Moreover, production of tubes, pipes and hollow profiles (of iron or steel) in China exceeded the figures recorded by the second-largest producer, India (11M tonnes), threefold. The third position in this ranking was occupied by Russia (11M tonnes), with a 9.9% share.

From 2007 to 2018, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: India (+10.7% per year) and Russia (+2.0% per year).

Exports 2007-2018

Global exports totaled 45M tonnes in 2018, growing by 7.3% against the previous year. Over the period under review, exports of tubes, pipes and hollow profiles (of iron or steel), however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by 20% y-o-y. The global exports peaked at 49M tonnes in 2008; however, from 2009 to 2018, exports failed to regain their momentum. In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) amounted to $58.4B (IndexBox estimates) in 2018.

Exports by Country

In 2018, China (8.3M tonnes), distantly followed by Italy (3,421K tonnes), South Korea (3,392K tonnes), Germany (3,023K tonnes), Russia (2,472K tonnes) and Japan (2,157K tonnes) were the major exporters of tubes, pipes and hollow profiles (of iron or steel), together committing 51% of total exports. The following exporters – Turkey (1,995K tonnes), India (1,884K tonnes), Mexico (1,841K tonnes), Canada (1,233K tonnes), the U.S. (1,179K tonnes) and Austria (772K tonnes) – together made up 20% of total exports.

China experienced a relatively flat trend pattern of tubes, pipes and hollow profiles (of iron or steel) exports. At the same time, South Korea (+8.2%), Mexico (+7.9%), Russia (+6.7%), Turkey (+2.3%) and India (+2.3%) displayed positive paces of growth. Italy and Austria experienced a relatively flat trend pattern. By contrast, Canada (-1.4%), Germany (-2.0%), the U.S. (-2.6%) and Japan (-3.8%) illustrated a downward trend over the same period.

Export Prices by Country

In 2018, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $1,300 per tonne, rising by 2.8% against the previous year. Over the period under review, the export price for tubes, pipes and hollow profiles (of iron or steel), however, continues to indicate a slight downturn.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($2,287 per tonne), while Turkey ($836 per tonne) was amongst the lowest.

Imports 2007-2018

Global imports stood at 43M tonnes in 2018, picking up by 7.4% against the previous year. Over the period under review, imports of tubes, pipes and hollow profiles (of iron or steel), however, continue to indicate a relatively flat trend pattern. In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) amounted to $62.8B (IndexBox estimates) in 2018.

Imports by Country

In 2018, the U.S. (6.7M tonnes), distantly followed by Germany (2,210K tonnes) were the main importers of tubes, pipes and hollow profiles (of iron or steel), together comprising 21% of total imports. Australia (1,928K tonnes), Canada (1,581K tonnes), France (1,387K tonnes), Saudi Arabia (1,169K tonnes), Mexico (1,073K tonnes), Poland (970K tonnes), Italy (933K tonnes), the UK (926K tonnes), the United Arab Emirates (899K tonnes) and the Netherlands (876K tonnes) held a little share of total imports.

In value terms, the U.S. ($10B) constitutes the largest market for imported tubes, pipes and hollow profiles (of iron or steel) worldwide, comprising 16% of global imports. The second position in the ranking was occupied by Germany ($3.4B), with a 5.4% share of global imports. It was followed by Australia, with a 4.1% share.

Import Prices by Country

The average import price for tubes, pipes and hollow profiles (of iron or steel) stood at $1,460 per tonne in 2018, rising by 8.1% against the previous year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($1,988 per tonne), while the United Arab Emirates ($1,205 per tonne) was amongst the lowest.

Source: IndexBox AI Platform