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Africa’s Chicken Meat Market to Reach 11M Tonnes by 2030

chicken meat

Africa’s Chicken Meat Market to Reach 11M Tonnes by 2030

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

The revenue of the chicken meat market in Africa amounted to $11.4B in 2018, jumping 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).

The market value increased at an average annual rate of +1.8% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by 8% y-o-y. Over the period under review, the chicken meat market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Consumption by Country

The countries with the highest volumes of chicken meat consumption in 2018 were South Africa (2.1M tonnes), Egypt (1.1M tonnes) and Morocco (720K tonnes), with a combined 52% share of total consumption. Angola, Algeria, Ghana, Libya, Nigeria, Malawi, Tunisia, Congo and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 27%.

From 2013 to 2018, the most notable rate of growth in terms of chicken meat consumption, amongst the main consuming countries, was attained by Malawi, while chicken meat consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest chicken meat markets in Africa were South Africa ($3.3B), Egypt ($1.8B) and Morocco ($1.1B), together accounting for 54% of the total market. Nigeria, Angola, Malawi, Libya, Ghana, Tunisia, Algeria, Democratic Republic of the Congo and Congo lagged somewhat behind, together accounting for a further 24%.

The countries with the highest levels of chicken meat per capita consumption in 2018 were Libya (39 kg per person), South Africa (36 kg per person) and Congo (23 kg per person).

Market Forecast to 2030

Driven by increasing demand for chicken meat in Africa, 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 +3.1% for the period from 2018 to 2030, which is projected to bring the market volume to 11M tonnes by the end of 2030.

Production in Africa

In 2018, the amount of chicken meat produced in Africa totaled 5.7M tonnes, surging by 4.2% against the previous year. The total output volume increased at an average annual rate of +2.4% over the period from 2013 to 2018. The general positive trend in terms of chicken meat output was largely conditioned by a moderate expansion of the number of producing animals and a relatively flat trend pattern in yield figures.

Production By Country in Africa

The countries with the highest volumes of chicken meat production in 2018 were South Africa (1.8M tonnes), Egypt (1.1M tonnes) and Morocco (720K tonnes), with a combined 62% share of total production. Algeria, Nigeria, Malawi, Tunisia, Libya, Tanzania, Sudan and Mozambique lagged somewhat behind, together accounting for a further 21%.

From 2013 to 2018, the most notable rate of growth in terms of chicken meat production, amongst the main producing countries, was attained by Malawi, while chicken meat production for the other leaders experienced more modest paces of growth.

Imports in Africa

In 2018, approx. 1.9M tonnes of chicken meat were imported in Africa; picking up by 23% against the previous year. In value terms, chicken meat imports amounted to $1.9B (IndexBox estimates) in 2018. In general, chicken meat imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 21% against the previous year. The level of imports peaked at $2B in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

Angola (432K tonnes) and South Africa (370K tonnes) represented the major importers of chicken meat in 2018, accounting for near 23% and 20% of total imports, respectively. Ghana (213K tonnes) ranks next in terms of the total imports with a 12% share, followed by Libya (6.6%), Congo (6.2%) and Democratic Republic of the Congo (5.8%). Benin (77K tonnes), Gabon (67K tonnes), Egypt (45K tonnes) and Guinea (37K tonnes) followed a long way behind the leaders.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Guinea, while imports for the other leaders experienced more modest paces of growth.

In value terms, Angola ($465M), South Africa ($372M) and Ghana ($188M) appeared to be the countries with the highest levels of imports in 2018, together accounting for 53% of total imports. Libya, Democratic Republic of the Congo, Congo, Egypt, Benin, Gabon and Guinea lagged somewhat behind, together comprising a further 31%.

Import Prices by Country

The chicken meat import price in Africa stood at $1,038 per tonne in 2018, approximately reflecting the previous year. Overall, the chicken meat import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of 9.1% against the previous year. The level of import price peaked at $1,266 per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Egypt ($1,705 per tonne), while Congo ($835 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

mineral wool

EU Mineral Wool Market Rose 3.5% to $2.6B

IndexBox has just published a new report: ‘EU – Slag Wool, Rock Wool And Similar Mineral Wools And Mixtures – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the mineral wool market in the European Union rose to $2.6B in 2018, growing by 3.5% against the previous year. Overall, mineral wool consumption continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2011 when the market value increased by 11% against the previous year. The level of mineral wools consumption peaked at $2.9B in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Mineral Wool Consumption by Country

Germany (476M square meters) remains the largest mineral wool consuming country in the European Union, accounting for 21% of total volume. Moreover, mineral wool consumption in Germany exceeded the figures recorded by the second-largest consumer, France (228M square meters), twofold. The third position in this ranking was occupied by the Czech Republic (176M square meters), with a 7.8% share.

From 2008 to 2018, the average annual rate of growth in terms of volume in Germany stood at +4.2%. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-1.2% per year) and the Czech Republic (-2.9% per year).

In value terms, Germany ($601M) led the market, alone. The second position in the ranking was occupied by France ($266M). It was followed by the UK.

The countries with the highest levels of mineral wool per capita consumption in 2018 were Finland (17 square meters per person), the Czech Republic (16 square meters per person) and Austria (12 square meters per person).

From 2008 to 2018, the most notable rate of growth in terms of mineral wool per capita consumption, amongst the main consuming countries, was attained by Romania, while mineral wools per capita consumption for the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, EU imports reached 1.4B square meters, with an increase of 4.2% against the previous year. The total imports indicated remarkable growth from 2008 to 2018: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mineral wools imports increased by +42.9% against 2011 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 15% against the previous year. Over the period under review, mineral wools imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, mineral wool imports rose to $1.5B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +3.1% from 2008 to 2018.

Imports by Country

The total purchases of the twelve major importers of slag wool, rock wool and similar mineral wools and mixtures, namely Italy, Germany, France, Poland, Austria, Romania, Sweden, the Czech Republic, Belgium, Finland, the Netherlands and Estonia, represented more than two-thirds of total import.

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

In value terms, Germany ($237M), France ($165M) and Italy ($139M) appeared to be the countries with the highest levels of imports in 2018, with a combined 35% share of total imports. These countries were followed by Poland, Austria, Belgium, Sweden, the Czech Republic, Romania, Finland, the Netherlands and Estonia, which together accounted for a further 41%.

In terms of the main importing countries, Finland experienced the highest rates of growth with regard to the value of imports, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The mineral wool import price in the European Union stood at $1.1 per square meter in 2018, surging by 10% against the previous year. Overall, the mineral wools import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the import price increased by 10% year-to-year. In that year, the import prices for slag wool, rock wool and similar mineral wools and mixtures reached their peak level of $1.2 per square meter. From 2012 to 2018, the growth in terms of the import prices for slag wool, rock wool and similar mineral wools and mixtures failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Belgium ($1.4 per square meter), while Austria ($0.8 per square meter) was amongst the lowest.

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

Source: IndexBox AI Platform

polycarboxylic acid

Global Polycarboxylic Acid Market Rose 3.5% to $42.8B

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

The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, the global polycarboxylic acid consumption peaked at $45.5B in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Global Polycarboxylic Acid Trade 2014-2018

In 2018, the global polycarboxylic acid exports amounted to 13M tonnes, surging by 9.1% against the previous year. The total export volume increased at an average annual rate of +1.1% from 2014 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 9.1% y-o-y. In that year, global polycarboxylic acid exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, polycarboxylic acid exports totaled $15B (IndexBox estimates) in 2018. Over the period under review, global polycarboxylic acid exports reached their peak figure at $16.1B in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, South Korea (2.9M tonnes), distantly followed by China (1.5M tonnes), Taiwan (1.4M tonnes), Thailand (1M tonnes), Belgium (1M tonnes) and Mexico (0.7M tonnes) represented the key exporters of polycarboxylic acids, together making up 66% of total exports. The following exporters – Canada (494K tonnes), the Netherlands (493K tonnes), Poland (381K tonnes), India (361K tonnes), Spain (351K tonnes) and Germany (312K tonnes) – accounted for 19% of world exports.

From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest polycarboxylic acid supplying countries worldwide were South Korea ($3B), China ($2.1B) and Taiwan, Chinese ($1.4B), with a combined 43% share of global exports. These countries were followed by Belgium, Thailand, the Netherlands, Mexico, Canada, Germany, Spain, India and Poland, which together accounted for a further 35%.

Export Prices by Country

In 2018, the average polycarboxylic acid export price amounted to $1,165 per tonne, surging by 2.4% against the previous year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($1,443 per tonne), while Mexico ($761 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced a decline in the export price figures.

Source: IndexBox AI Platform

global tea

Global Tea Market Overcame $25B, Growing Robustly Over the Last Decade

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

The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, the total market indicated a strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global tea consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Consumption By Country

China (2.3M tonnes) constituted the country with the largest volume of tea consumption, comprising approx. 35% of total volume. Moreover, tea consumption in China exceeded the figures recorded by the second-largest consumer, India (1.1M tonnes), twofold. Turkey (258K tonnes) ranked third in terms of total consumption with a 3.9% share.

From 2007 to 2018, the average annual growth rate of volume in China amounted to +9.2%. In the other countries, the average annual rates were as follows: India (+2.7% per year) and Turkey (+1.6% per year).

In value terms, China ($10.7B) led the market, alone. The second position in the ranking was occupied by India ($3.4B). It was followed by Turkey.

The countries with the highest levels of tea per capita consumption in 2018 were Kenya (4,903 kg per 1000 persons), Turkey (3,164 kg per 1000 persons) and Viet Nam (2,663 kg per 1000 persons).

Market Forecast 2019-2025

Driven by increasing demand for tea worldwide, 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 +2.9% for the period from 2018 to 2030, which is projected to bring the market volume to 9.3M tonnes by the end of 2030.

Production 2007-2018

Global tea production totaled 6.7M tonnes in 2018, surging by 5.5% against the previous year. The total output volume increased at an average annual rate of +4.3% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The general positive trend in terms of tea output was largely conditioned by a strong expansion of the harvested area and a relatively flat trend pattern in yield figures.

Production By Country

The countries with the highest volumes of tea production in 2018 were China (2.7M tonnes), India (1.4M tonnes) and Kenya (740K tonnes), together accounting for 71% of global production.

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

Harvested Area 2007-2018

In 2018, approx. 4.2M ha of tea were harvested worldwide; picking up by 4% against the previous year. The harvested area increased at an average annual rate of +3.6% over the period from 2007 to 2018, which largely made the strong growth of tea production feasible.

Yield 2007-2018

In 2018, the global average tea yield stood at 1.6 tonne per ha, stabilizing at the previous year. Over the period under review, the tea yield continues to indicate a relatively flat trend pattern.

Exports 2007-2018

In 2018, the global tea exports stood at 2M tonnes, increasing by 4.1% against the previous year. The total export volume increased at an average annual rate of +1.4% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. In value terms, tea exports stood at $8.4B (IndexBox estimates) in 2018.

Exports by Country

The exports of the four major exporters of tea, namely Kenya, China, Sri Lanka and India, represented more than two-thirds of total export. The following exporters – Viet Nam (77K tonnes), Argentina (74K tonnes), Indonesia (49K tonnes), Malawi (43K tonnes) and the United Arab Emirates (34K tonnes) – together made up 14% 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 India, while exports for the other global leaders experienced more modest paces of growth.

In value terms, China ($1.7B), Sri Lanka ($1.6B) and Kenya ($1.4B) appeared to be the countries with the highest levels of exports in 2018, together accounting for 56% of global exports.

Export Prices by Country

The average tea export price stood at $4,134 per tonne in 2018, going up by 3.3% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +3.6%.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the United Arab Emirates ($8,419 per tonne), while Argentina ($1,254 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, the amount of tea imported worldwide amounted to 2M tonnes, rising by 3.6% against the previous year. The total import volume increased at an average annual rate of +1.4% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. In value terms, tea imports amounted to $7.7B (IndexBox estimates) in 2018.

Imports by Country

The imports of the twelve major importers of tea, namely Pakistan, Russia, the UK, the U.S., Egypt, Iran, the United Arab Emirates, Viet Nam, Germany, Saudi Arabia, Iraq and Poland, represented more than half 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 Viet Nam (+50.2% per year), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Pakistan ($570M), Russia ($497M) and the U.S. ($487M) appeared to be the countries with the highest levels of imports in 2018, with a combined 20% share of global imports. The UK, Iran, Egypt, Saudi Arabia, the United Arab Emirates, Germany, Iraq, Viet Nam and Poland lagged somewhat behind, together comprising a further 31%.

Import Prices by Country

In 2018, the average tea import price amounted to $3,878 per tonne, jumping by 1.9% against the previous year. Over the last eleven years, it increased at an average annual rate of +3.3%.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Saudi Arabia ($6,921 per tonne), while Viet Nam ($2,062 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

cider

Global Cider, Perry, and Mead Market – South Africa Has Overtaken South Korea as the World’s Largest Exporter

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

South Africa has overtaken South Korea as the world’s largest exporter of cider, perry, mead and other fermented beverages. In 2018, shipments from each country amounted to approximately 108 million liters. South Korea has long been a world leader in cider exports, but its supply has been rapidly declining, and as a result, it has halved over the past five years. In contrast, South Africa, by offering products at the lowest prices, increased its shipments to other countries.

Global Trade of Cider, Perry, and Mead 2014-2018

In 2018, approx. 1.1B litres of cider, perry, mead and other fermented beverages were exported worldwide; coming down by -2.8% against the previous year. Over the period under review, cider, perry and mead exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 0.7% y-o-y. In that year, global cider, perry and mead exports reached their peak of 1.2B litres, and then declined slightly in the following year.

In value terms, cider, perry and mead exports stood at $1.5B (IndexBox estimates) in 2018.

Exports by Country

The countries with the highest levels of cider, perry and mead exports in 2018 were South Africa (108M litres), South Korea (108M litres), Sweden (102M litres), Germany (76M litres), Ireland (73M litres), the UK (66M litres), Belgium (59M litres), the Netherlands (53M litres), France (44M litres), Italy (41M litres), Lithuania (37M litres) and Japan (36M litres), together accounting for 71% of total export.

From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the UK, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest cider, perry and mead supplying countries worldwide were Japan ($210M), Sweden ($134M) and Italy ($112M), with a combined 30% share of global exports.

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

Export Prices by Country

In 2018, the average cider, perry and mead export price amounted to $1.3 per litre, growing by 7.8% against the previous year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($5.8 per litre), while South Africa ($0.6 per litre) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox AI Platform

hydrogen peroxide

Global Hydrogen Peroxide Market – India ($55M), Germany ($54M), and the U.S. ($48M) are the Most Promising Overseas Markets

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

The global hydrogen peroxide market revenue amounted to $3.2B in 2018, going up by 8% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The global hydrogen peroxide consumption peaked in 2018 and is expected to retain its growth in the near future.

Imports 2007-2018

In value terms, hydrogen peroxide imports totaled $823M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.7% from 2007 to 2018.

Imports by Country

In 2018, Germany (153K tonnes), followed by Italy (100K tonnes), the U.S. (91K tonnes), India (88K tonnes) and Russia (87K tonnes) represented the major importers of hydrogen peroxide, together comprising 30% of total imports. The following importers – France (70K tonnes), the Netherlands (65K tonnes), Austria (62K tonnes), Taiwan (61K tonnes), Chile (47K tonnes), Mexico (47K tonnes) and Belgium (45K tonnes) – together made up 23% 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 Italy, while imports for the other global leaders experienced more modest paces of growth.

In value terms, India ($55M), Germany ($54M) and the U.S. ($48M) appeared to be the countries with the highest levels of imports in 2018, with a combined 19% share of global imports.

Import Prices by Country

The average hydrogen peroxide import price stood at $483 per tonne in 2018, picking up by 4.2% against the previous year. In general, the hydrogen peroxide import price, however, 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 5.7% year-to-year. In that year, the average import prices for hydrogen peroxide reached their peak level of $535 per tonne. From 2009 to 2018, the growth in terms of the average import prices for hydrogen peroxide remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($619 per tonne), while Austria ($315 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

frozen

Spain’s Market for Frozen Crabs, Lobsters, Shrimp, and Prawns Totaled $1.3B

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

The revenue of the frozen crustaceans market in Spain amounted to $1.3B in 2018, standing approx. 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).

Production in Spain

In 2018, approx. 39K tonnes of frozen crustaceans were produced in Spain; coming down by -2.3% against the previous year. Overall, frozen crustaceans production continues to decline.

Exports from Spain

In 2018, approx. 44K tonnes of frozen crustaceans were exported from Spain; approximately reflecting the previous year. The total export volume increased at an average annual rate of +6.9% over the period from 2014 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 2015 when exports increased by 18% y-o-y. Over the period under review, frozen crustaceans exports attained their maximum at 45K tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, frozen crustaceans exports stood at $418M (IndexBox estimates) in 2018.

Exports by Country

Italy (17K tonnes), Portugal (10K tonnes) and France (5.6K tonnes) were the main destinations of frozen crustaceans exports from Spain, together accounting for 74% of total exports. These countries were followed by the U.S., Germany, Greece, Belgium, the UK and the Netherlands, which together accounted for a further 18%.

From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the U.S. (+52.7% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($164M), Portugal ($96M) and France ($61M) appeared to be the largest markets for frozen crustaceans exported from Spain worldwide, together accounting for 77% of total exports. Germany, the U.S., Belgium, Greece, the UK and the Netherlands lagged somewhat behind, together accounting for a further 16%.

Export Prices by Country

The average frozen crustaceans export price stood at $9,432 per tonne in 2018, growing by 3.9% against the previous year. In general, the frozen crustaceans export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 an increase of 6.3% y-o-y. The export price peaked at $10,776 per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the UK ($11,039 per tonne), while the average price for exports to the U.S. ($5,359 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

Source: IndexBox AI Platform

textile

Nonwoven Textile Market in Asia Amounted to $16.1B

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

The revenue of the nonwoven textile market in Asia amounted to $16.1B in 2018, increasing by 3.9% against the previous year.

Consumption By Country in Asia

In value terms, China ($7.8B) led the market, alone. The second position in the ranking was occupied by Japan ($1.4B). It was followed by Indonesia.

The countries with the highest levels of nonwoven textile per capita consumption in 2018 were Saudi Arabia (4.28 square meters per person), South Korea (4.21 square meters per person) and Japan (3.37 square meters per person).

From 2014 to 2018, the most notable rate of growth in terms of nonwoven textile per capita consumption, amongst the main consuming countries, was attained by India, while nonwoven textile per capita consumption for the other leaders experienced more modest paces of growth.

Market Forecast to 2019-2030

Driven by increasing demand for nonwoven textile in Asia, 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 +1.1% for the period from 2018 to 2030, which is projected to bring the market volume to 5.3B square meters by the end of 2030.

Exports in Asia

In 2018, Asia’s nonwoven textile exports stood at $6.6B (IndexBox estimates). The total export value increased at an average annual rate of +5.5% from 2014 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2018 with an increase of 13% y-o-y. In that year, nonwoven textile exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China represented the key exporter of nonwoven textiles in Asia, with the volume of exports resulting at 1B square meters, which was approx. 53% of total exports in 2018. Turkey (211M square meters) took the second position in the ranking, followed by Taiwan, Chinese (110M square meters). All these countries together held near 17% share of total exports. The following exporters – Thailand (81M square meters), Malaysia (75M square meters), Japan (71M square meters), Israel (71M square meters), Saudi Arabia (70M square meters), South Korea (60M square meters), China, Hong Kong SAR (55M square meters) and India (55M square meters) – together made up 28% of total exports.

Exports from China increased at an average annual rate of +11.9% from 2014 to 2018. At the same time, Saudi Arabia (+24.5%), Turkey (+17.6%), India (+15.6%), Thailand (+12.2%), Malaysia (+7.1%), China, Hong Kong SAR (+6.8%), Japan (+6.1%) and Taiwan, Chinese (+4.3%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +24.5% from 2014-2018. Israel experienced a relatively flat trend pattern. By contrast, South Korea (-5.4%) illustrated a downward trend over the same period. While the share of China (+19 p.p.), Turkey (+5.2 p.p.), Saudi Arabia (+2.1 p.p.) and Thailand (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($3.1B) remains the largest nonwoven textile supplier in Asia, comprising 46% of total nonwoven textile exports. The second position in the ranking was occupied by Japan ($768M), with a 12% share of total exports. It was followed by Turkey, with a 9% share.

Export Prices by Country

The nonwoven textile export price in Asia stood at $3.4 per square meter in 2018, approximately mirroring the previous year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($11 per square meter), while Saudi Arabia ($1.5 per square meter) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Israel, while the other leaders experienced mixed trends in the export price figures.

Imports in Asia

Asia’s nonwoven textile imports amounted to $4.8B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +3.9% from 2014 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2018 with an increase of 8.8% against the previous year. In that year, nonwoven textile imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Japan (268M square meters), distantly followed by China (144M square meters), South Korea (129M square meters), Viet Nam (122M square meters) and India (77M square meters) represented the largest importers of nonwoven textiles, together mixing up 62% of total imports. The following importers – Indonesia (53M square meters), Turkey (49M square meters), Pakistan (42M square meters), Thailand (37M square meters), Saudi Arabia (35M square meters), Malaysia (31M square meters) and Taiwan, Chinese (27M square meters) – together made up 23% of total imports.

From 2014 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Pakistan, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($905M), Japan ($858M) and Viet Nam ($525M) constituted the countries with the highest levels of imports in 2018, with a combined 47% share of total imports. South Korea, Indonesia, India, Turkey, Thailand, Malaysia, Taiwan, Chinese, Saudi Arabia and Pakistan lagged somewhat behind, together accounting for a further 37%.

Import Prices by Country

The nonwoven textile import price in Asia stood at $4.1 per square meter in 2018, approximately mirroring the previous year.

Prices varied noticeably by the country of destination; the country with the highest price was China ($6.3 per square meter), while Pakistan ($1.9 per square meter) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

belt

EU’s Belt and Bandolier Imports Bounced Back to $817M in 2018

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

The belt and bandolier market size in the EU is estimated at $711M in 2018, an increase of 1.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Overall, belt and bandolier consumption continues to indicate a moderate shrinkage. The pace of growth was the most pronounced in 2014 when the market value increased by 6.2% y-o-y. The level of belt and bandolier consumption peaked at $858M in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Consumption by Country

Germany ($123M), France ($109M) and the UK ($95M) were the largest markets for belts and bandoliers, together accounting for 46% of the EU market. These countries were followed by Italy, Spain, Portugal, Austria, Romania, the Netherlands, Sweden, Belgium and the Czech Republic, which together accounted for a further 46%.

Imports in the EU

In 2018, EU’s belt and bandolier imports stood at $817M (IndexBox estimates). The total import value increased at an average annual rate of +1.7% over the last decade; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when imports increased by 14% against the previous year. Over the period under review, belt and bandolier imports reached their peak figure at $829M in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In value terms, the largest belt and bandolier importing markets in the European Union were Germany ($173M), France ($161M) and the UK ($122M), with a combined 56% share of total imports.

The UK experienced the highest rates of growth with regard to 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

In 2018, the belt and bandolier import price in the European Union amounted to $47,531 per tonne, jumping by 3.8% against the previous year. There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($59,224 per tonne), while Belgium ($28,562 per tonne) was amongst the lowest.

Source: IndexBox AI Platform

tea

Asia’s Market for Tea Extracts, Essences, and Concentrates Has Skyrocketed Over the Past Five Years

IndexBox has just published a new report: ‘Asia – Extracts, Essences And Concentrates Of Tea Or Mate – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The market for tea extracts, essences and concentrates in Asia rose by 10% and reached $2.8B in 2018. The market size increased at an average annual rate of +10.3% from 2014 to 2018. The level of extracts of tea consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Exports in Asia

In 2018, the exports of extracts, essences and concentrates of tea or mate in Asia stood at 51K tonnes, rising by 7.6% against the previous year.

In value terms, extracts of tea exports amounted to $335M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +4.3% over the period from 2014 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 14% y-o-y. In that year, extracts of tea exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (13K tonnes), distantly followed by Malaysia (8.3K tonnes), India (7.8K tonnes), Thailand (5.8K tonnes), Taiwan, Chinese (4.2K tonnes), Sri Lanka (2.9K tonnes) and South Korea (2.5K tonnes) represented the main exporters of extracts, essences and concentrates of tea or mate, together making up 86% of total exports.

From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($137M) remains the largest extracts of tea supplier in Asia, comprising 41% of total extracts of tea exports. The second position in the ranking was occupied by India ($53M), with a 16% share of total exports. It was followed by Malaysia, with a 9% share.

Export Prices by Country

In 2018, the extracts of tea export price in Asia amounted to $6,536 per tonne, jumping by 6% against the previous year.

Prices varied noticeably by the country of origin; the country with the highest price was China ($10,864 per tonne), while Taiwan, Chinese ($2,746 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Imports in Asia

The imports stood at 42K tonnes in 2018, increasing by 4.1% against the previous year. In value terms, extracts of tea imports amounted to $315M (IndexBox estimates) in 2018. The total imports indicated a strong expansion from 2014 to 2018: its value increased at an average annual rate of +4.9% over the last five-year period.

Imports by Country

The Philippines (4.9K tonnes), China, Hong Kong SAR (3.8K tonnes), Indonesia (3.2K tonnes), Singapore (3K tonnes), Japan (3K tonnes), the United Arab Emirates (2.6K tonnes), Kazakhstan (2.1K tonnes), Malaysia (1.8K tonnes), Turkey (1.7K tonnes), Myanmar (1.6K tonnes), Taiwan, Chinese (1.6K tonnes) and South Korea (1.6K tonnes) represented roughly 73% of total imports of extracts, essences and concentrates of tea or mate in 2018.

From 2014 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest extracts of tea importing markets in Asia were Hong Kong  ($34M), Japan ($29M) and Turkey ($24M), with a combined 28% share of total imports.

Import Prices by Country

The extracts of tea import price in Asia stood at $7,413 per tonne in 2018, going up by 2.3% against the previous year.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($13,953 per tonne), while the Philippines ($3,442 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform