EU Rusk And Toasted Bread Market | Tesco PLC, Carrefour S.A., Koninklijke Ahold Delhaize N.V., Rallye S.A.

Archives, Global Trade Daily, Imports/Exports

EU Rusk And Toasted Bread Market | Tesco PLC, Carrefour S.A., Koninklijke Ahold Delhaize N.V., Rallye S.A.

July 12th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the EU – Rusks, Toasted Bread And Similar Toasted Products – Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report’s key findings.

The revenue of the toasted bread market in the European Union amounted to $2.8B in 2017, surging by 11% 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 +4.2% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008, when it surged by 23% y-o-y. The level of toasted bread consumption peaked at $2.9B in 2014; however, from 2015 to 2017, consumption stood at a somewhat lower figure.

Production in the EU

In 2017, the amount of rusks, toasted bread and similar toasted products produced in the European Union totaled 1M tonnes, rising by 9.1% against the previous year. The total output volume increased at an average annual rate of +3.7% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

Exports in the EU

In 2017, approx. 157K tonnes of rusks, toasted bread and similar toasted products were exported in the European Union; flattening at the previous year. The total export volume increased at an average annual rate of +2.2% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review.

In value terms, toasted bread exports stood at $420M (IndexBox estimates) in 2017. The total export value increased at an average annual rate of +2.4% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, toasted bread exports attained their maximum at $477M in 2014; however, from 2015 to 2017, exports stood at a somewhat lower figure.

Exports by Country

Italy (28K tonnes), Spain (20K tonnes), the Netherlands (18K tonnes), France (13K tonnes), Bulgaria (10K tonnes), Portugal (8.7K tonnes), Sweden (8.3K tonnes), Finland (7.5K tonnes), the UK (7.1K tonnes), Belgium (6.4K tonnes), Germany (5.8K tonnes) and Lithuania (5.6K tonnes) represented roughly 88% of total exports of rusks, toasted bread and similar toasted products in 2017.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Lithuania, while the other leaders experienced more modest paces of growth.

In value terms, the largest toasted bread markets worldwide were Italy ($88M), the Netherlands ($50M) and Spain ($41M), together comprising 43% of total exports. France, Bulgaria, Sweden, Finland, Portugal, Germany, Belgium, the UK and Lithuania lagged somewhat behind, together comprising a further 46%.

Export Prices by Country

In 2017, the toasted bread export price in the European Union amounted to $2.7 per kg, going up by 2.8% against the previous year. The the toasted bread export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the export price increased by 12% against the previous year. The level of export price peaked at $2,962 per tonne in 2014; however, from 2015 to 2017, export prices remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Sweden ($3,363 per tonne), while Lithuania ($705 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2017, toasted bread imports in the European Union stood at 177K tonnes, approximately mirroring the previous year. The total import volume increased at an average annual rate of +2.4% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, toasted bread imports totaled $391M (IndexBox estimates) in 2017. The total import value increased at an average annual rate of +1.7% from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, toasted bread imports attained their maximum at $413M in 2014; however, from 2015 to 2017, imports remained at a lower figure.

Imports by Country

In 2017, France (37K tonnes) and Belgium (27K tonnes) were the largest importers of rusks, toasted bread and similar toasted products in the globe, together creating 36% of total imports. It was distantly followed by Spain (15K tonnes), Germany (15K tonnes), Italy (12K tonnes) and the Netherlands (8.7K tonnes), together creating 28% share of total imports. The following importers – the UK (7.8K tonnes), Austria (7.3K tonnes), Portugal (5.7K tonnes), Romania (5.3K tonnes), Ireland (4.2K tonnes) and Greece (4.2K tonnes) together made up 20% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, France ($80M), Belgium ($41M) and Spain ($38M) constituted the countries with the highest levels of imports in 2017, with a combined 41% share of total imports. Germany, the UK, the Netherlands, Italy, Austria, Portugal, Ireland, Greece and Romania lagged somewhat behind, together comprising a further 42%.

Import Prices by Country

The toasted bread import price in the European Union stood at $2.2 per kg in 2017, going up by 4.7% against the previous year. The the toasted bread import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by 17% year-to-year. In that year, the import prices for rusks, toasted bread and similar toasted products attained their peak level of $2.8 per kg. From 2009 to 2017, the growth in terms of the import prices for rusks, toasted bread and similar toasted products failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($3,873 per tonne), while Belgium ($1,508 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Chocolate & Confectionery Market in the USA

July 11th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the U.S. Chocolate And Confectionery Market. Analysis And Forecast to 2025. Here is a summary of the report’s key findings.

The revenue of the chocolate and confectionery market in the U.S. amounted to $6B in 2018, picking up by 13% 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 +5.6% over the period from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

The pace of growth was the most pronounced in 2014, when the market value increased by 42% against the previous year. In that year, the chocolate and confectionery market reached its peak level of $6.5B. From 2015 to 2018, the growth of the chocolate and confectionery market remained at a somewhat lower figure.

Chocolate And Confectionery Production in the USA

In value terms, chocolate and confectionery production totaled $4.9B in 2018. The total output value increased at an average annual rate of +3.5% over the period from 2013 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014, when it surged by 7.5% against the previous year.

Chocolate And Confectionery Exports

Exports from the USA

In 2018, chocolate and confectionery exports from the U.S. amounted to 12K tonnes, picking up by 7.3% against the previous year. In general, chocolate and confectionery exports continue to indicate an abrupt setback.

In value terms, chocolate and confectionery exports stood at $47M (IndexBox estimates) in 2018.

Exports by Country

Russia (1.7K tonnes), Brazil (1.2K tonnes) and South Korea (760 tonnes) were the main destinations of chocolate and confectionery exports from the U.S., together comprising 31% of total exports. These countries were followed by Bulgaria, Colombia, Japan, Guatemala, the Philippines, Viet Nam, China, Hong Kong SAR, China and the Dominican Republic, which together accounted for a further 36%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam (+107.8% per year), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($9.8M) remains the key foreign market for chocolate and confectionery exports from the U.S., comprising 21% of total chocolate and confectionery exports. The second position in the ranking was occupied by South Korea ($3.1M), with a 6.5% share of total exports. It was followed by China, Hong Kong SAR, with a 6.4% share.

Export Prices by Country

In 2018, the average chocolate and confectionery export price amounted to $4 per kg, going down by -8.3% against the previous year. In general, the chocolate and confectionery export price continues to indicate a measured setback.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was China, Hong Kong SAR ($7.6 per kg), while the average price for exports to Bulgaria ($1 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the Dominican Republic (+4.2% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Chocolate And Confectionery Imports

Imports into the USA

In 2018, the amount of chocolate and confectionery imported into the U.S. stood at 363K tonnes, waning by -2.1% against the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016, with an increase of 16% year-to-year. Over the period under review, chocolate and confectionery imports reached their maximum at 371K tonnes in 2017, and then declined slightly in the following year.

In value terms, chocolate and confectionery imports stood at $1.4B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +3.5% over the period from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. Over the period under review, chocolate and confectionery imports attained their maximum at $1.4B in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

Indonesia (77K tonnes), the Netherlands (57K tonnes) and Cote d’Ivoire (43K tonnes) were the main suppliers of chocolate and confectionery imports to the U.S., with a combined 49% share of total imports. Malaysia, Ghana, Belgium, Germany, Spain, Brazil, France, Cameroon and India lagged somewhat behind, together comprising a further 37%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India (+32.1% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($358M) constituted the largest supplier of chocolate and confectionery to the U.S., comprising 26% of total chocolate and confectionery imports. The second position in the ranking was occupied by the Netherlands ($150M), with a 11% share of total imports. It was followed by Cote d’Ivoire, with a 8.5% share.

Import Prices by Country

The average chocolate and confectionery import price stood at $3.8 per kg in 2018, increasing by 3.5% against the previous year. In general, the chocolate and confectionery import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was India ($5.4 per kg), while the price for Cameroon ($1.6 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by India (+8.1% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Hershey Company, Barry Callebaut USA, Godiva Chocolatier, Guittard Chocolate Co., The Warrell Corporation, World’s Finest Chocolate, Astor Chocolate Corp., Champlain Chocolate Company, Elmer Candy Corporation, Madelaine Chocolate Novelties, Mars Retail Group, Sweetworks, Frankford Candy, Lake Country Foods, Trufood Mfg., T R Toppers, Totally Chocolate, Rocky Mountain Chocolate Factory, Hawaiian Host, Blommer Chocolate Company of California, London Harry Candies, Cargill Cocoa & Chocolate, Fantasy Chocolates, Lindt & Sprungli (usa), Karl Bissinger, Rocky Mountain Chocolate Factory

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Global Dextrins & Other Modified Starches Market 2019|Ingredion Inc., Cargill Inc., Bunge Ltd.

July 9th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the World – Dextrins And Other Modified Starches – Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report’s key findings.

The global modified starches market revenue amounted to $15.9B in 2017, reducing by -3.6% 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).

In general, modified starches consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the market value increased by 16% y-o-y. Over the period under review, the global modified starches market attained its peak figure level at $20B in 2011; however, from 2012 to 2017, consumption failed to regain its momentum.

Production 2007-2017

Global modified starches production stood at 21M tonnes in 2017, growing by 2.2% against the previous year.

Exports 2007-2017

In 2017, the amount of dextrins and other modified starches exported worldwide totaled 3.5M tonnes, picking up by 6.5% against the previous year. Overall, modified starches exports continue to indicate a relatively flat trend pattern.

In value terms, modified starches exports amounted to $3.1B (IndexBox estimates) in 2017. The total export value increased at an average annual rate of +1.7% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global exports peaked at $3.4B in 2014; however, from 2015 to 2017, exports remained at a lower figure.

Exports by Country

In 2017, Thailand (968K tonnes), distantly followed by France (486K tonnes), the Netherlands (468K tonnes), the U.S. (310K tonnes) and Germany (303K tonnes) were the main exporters of dextrins and other modified starches, together mixed up 72% of total exports. The following exporters – Italy (131K tonnes), Viet Nam (95K tonnes), Belgium (94K tonnes), China (84K tonnes), Austria (84K tonnes), Sweden (69K tonnes) and Bulgaria (62K tonnes) together made up 18% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Austria, while the other global leaders experienced more modest paces of growth.

In value terms, the largest modified starches markets worldwide were Thailand ($626M), the Netherlands ($441M) and France ($377M), with a combined 47% share of global exports. The U.S., Germany, Austria, Italy, China, Sweden, Belgium, Viet Nam and Bulgaria lagged somewhat behind, together accounting for a further 40%.

Export Prices by Country

The average modified starches export price stood at $876 per tonne in 2017, declining by -2.6% against the previous year. Overall, the modified starches export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of 17% year-to-year. In that year, the average export prices for dextrins and other modified starches attained their peak level of $1 per kg. From 2012 to 2017, the growth in terms of the average export prices for dextrins and other modified starches remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Austria ($1,605 per tonne), while Bulgaria ($337 per tonne) was amongst the lowest.

From 2007 to 2017, 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 2007-2017

Global imports amounted to 3.6M tonnes in 2017, growing by 1.8% against the previous year.

In value terms, modified starches imports amounted to $3.3B (IndexBox estimates) in 2017. The total import value increased at an average annual rate of +1.6% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, global modified starches imports reached their peak figure at $3.8B in 2013; however, from 2014 to 2017, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of modified starches imports in 2017 were Japan (478K tonnes), Germany (360K tonnes) and China (323K tonnes), together resulting at 32% of total import. The following importers – Indonesia (140K tonnes), Finland (132K tonnes), the UK (129K tonnes), South Korea (115K tonnes), Turkey (107K tonnes), Sweden (105K tonnes), the U.S. (105K tonnes), France (101K tonnes) and Canada (95K tonnes) together made up 29% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia, while the other global leaders experienced more modest paces of growth.

In value terms, China ($335M), Japan ($335M) and Germany ($330M) appeared to be the countries with the highest levels of imports in 2017, together comprising 30% of global imports.

Import Prices by Country

The average modified starches import price stood at $929 per tonne in 2017, remaining relatively unchanged against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +1.3%.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($1,573 per tonne), while Finland ($654 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Report: Imports, Exports, & Production of Wine & Brandy Spirit in U.S. Market

July 7th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the U.S. Wine, Brandy, And Brandy Spirits Market. Analysis And Forecast to 2025. Here is a summary of the report’s key findings.

The revenue of the wine and brandy spirit market in the U.S. amounted to $29.2B in 2018, increasing by 12% 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 increase from 2013 to 2018: its value increased at an average annual rate of +3.7% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the wine and brandy spirit consumption increased by +61.1% against 2013 indices.

The most prominent rate of growth was recorded in 2015, when the market value increased by 13% y-o-y. Wine and brandy spirit consumption peaked in 2018, and is expected to retain its growth in the near future.

Production of Wine, Brandy, And Brandy Spirits in the USA

In value terms, wine and brandy spirit production stood at $25.1B in 2018. In general, the total output indicated a strong increase from 2013 to 2018: its value increased at an average annual rate of +4.5% over the last five years.

Exports from the USA

In 2018, the amount of wine, brandy, and brandy spirits exported from the U.S. amounted to 10K tonnes, growing by 11% against the previous year. Overall, the total exports indicated a strong increase from 2013 to 2018, rising with a CAGR of +6.5% over the last five years. In value terms, wine and brandy spirit exports totaled $23M (IndexBox estimates) in 2018.

Exports by Country

South Korea (1.8K tonnes), China (1.2K tonnes) and the UK (1K tonnes) were the main destinations of wine and brandy spirit exports from the U.S., with a combined 40% share of total exports. These countries were followed by Denmark, Panama, Spain, Japan, Sweden, Germany, China, Hong Kong SAR, Chile and France, which together accounted for a further 35%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Denmark (+139.8% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wine and brandy spirit exported from the U.S. were South Korea ($5.1M), China ($4M) and the UK ($2M), with a combined 48% share of total exports.

Export Prices by Country

In 2018, the average wine and brandy spirit export price amounted to $2.3 per kg, surging by 17% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +6.1%.

Export prices varied noticeably by the country of origin; the country with the highest export price was Germany ($4.6 per kg), while the average price for exports to Panama ($979 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to France (+18.9% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the USA

In 2018, approx. 1.8M tonnes of wine, brandy, and brandy spirits were imported into the U.S.; rising by 1.7% against the previous year. In value terms, wine and brandy spirit imports amounted to $7.6B (IndexBox estimates) in 2018.

Imports by Country

Italy (644K tonnes), France (455K tonnes) and Spain (149K tonnes) were the main suppliers of wine and brandy spirit imports to the U.S., with a combined 70% share of total imports.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France (+8.0% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest wine and brandy spirit suppliers to the U.S. were France ($3.6B), Italy ($2B) and Spain ($393M), with a combined 79% share of total imports.

Import Prices by Country

The average wine and brandy spirit import price stood at $4.2 per kg in 2018, picking up by 4.5% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +4.5%.

Import prices varied noticeably by the country of origin; the country with the highest import price was France ($7.8 per kg), while the price for Australia ($2.1 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Argentina (+7.1% per year), while the import prices for the other major suppliers increased at more moderate paces.

Companies Mentioned in the Report

E. & J. Gallo Winery, Sutter Home Winery, Constellation Brands, Treasury Wine Estates Americas Company, Elan Chateau Resorts, Wente Bros, Domaine Chandon, F. Korbel & Bros., Constellation Brands U.S. Operations, Royal Wine Corporation, Jackson Family Wines, Rombauer Vineyards, Fetzer Vineyards, The Wine Group, Diageo North America, The Robert Mondavi Corporation, Foley Family Wines, Golden State Vintners NAPA, Laird & Company, Laird & Company, International Wine & Spirits, Jackson Family Wines, Delicato Vineyards, United States Distilled Products Co., Canandaigua Wine Company

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Report: Baby Food Market in the EU

July 5th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the EU – Food Preparations For Infants – Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report’s key findings.

The revenue of the baby food market in the European Union amounted to $1.3B in 2018, increasing by 23% 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 baby food consumption continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018, with an increase of 23% y-o-y. Over the period under review, the baby food market attained its peak figure level at $2.5B in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Production in the EU

In 2018, baby food production in the European Union stood at 747K tonnes, surging by 3.5% against the previous year. The baby food production continues to indicate a relatively flat trend pattern.

Exports in the EU

In 2018, baby food exports in the European Union stood at 855K tonnes, dropping by -3.9% against the previous year. The total exports indicated a remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

In value terms, baby food exports stood at $6.9B (IndexBox estimates) in 2018. The baby food exports continue to indicate a prominent expansion. Over the period under review, baby food exports attained their peak figure in 2018, and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, the Netherlands (232K tonnes), distantly followed by Ireland (153K tonnes), France (145K tonnes), Germany (90K tonnes), Poland (60K tonnes) and Spain (55K tonnes) were the largest exporters of food preparations for infants, together achieving 86% of total exports. Denmark (38K 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 Poland (+15.2% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($2.6B) remains the largest baby food supplier in the European Union, comprising 37% of global exports. The second position in the ranking was occupied by Ireland ($1.2B), with a 18% share of global exports. It was followed by France, with a 15% share.

Export Prices by Country

The baby food export price in the European Union stood at $8 per kg in 2018, surging by 11% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +4.2%.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the Netherlands ($11 per kg), while Spain ($4.4 per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by the Netherlands (+7.2% per year), while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, the amount of food preparations for infants imported in the European Union amounted to 378K tonnes, shrinking by -8.1% against the previous year. The total imports indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the baby food imports decreased by -15.5% against 2015 indices. The growth pace was the most rapid in 2008, when it surged by 21% y-o-y. The volume of imports peaked at 447K tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, baby food imports amounted to $1.9B (IndexBox estimates) in 2018. The total imports indicated a remarkable growth from 2007 to 2018: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the baby food imports decreased by -8.9% against 2015 indices. Over the period under review, baby food imports reached their peak figure at $2.1B in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (69K tonnes), the UK (51K tonnes), the Netherlands (37K tonnes), Italy (34K tonnes), France (27K tonnes), Belgium (25K tonnes), Ireland (22K tonnes), Poland (15K tonnes), Greece (14K tonnes), Spain (13K tonnes), Sweden (12K tonnes) and the Czech Republic (9.4K tonnes) represented roughly 87% of total imports of food preparations for infants in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ireland (+25.4% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest baby food markets worldwide were Germany ($408M), the UK ($263M) and the Netherlands ($210M), with a combined 47% share of total imports. These countries were followed by France, Ireland, Poland, Spain, Italy, the Czech Republic, Greece, Belgium and Sweden, which together accounted for a further 38%.

Import Prices by Country

The baby food import price in the European Union stood at $5 per kg in 2018, growing by 6.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was France ($7.1 per kg), while Italy ($2 per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by France (+7.1% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Modified Starches Market in the EU – Key Insights

July 5th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the EU – Dextrins And Other Modified Starches – Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report’s key findings.

The revenue of the modified starches market in the European Union amounted to $2.2B in 2017, surging by 4% 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 modified starches consumption continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2011, with an increase of 31% against the previous year. Over the period under review, the modified starches market attained its maximum level at $3.7B in 2008; however, from 2009 to 2017, consumption failed to regain its momentum.

Production in the EU

The modified starches production amounted to 2.9M tonnes in 2017, jumping by 5.1% against the previous year. The modified starches production continues to indicate a mild shrinkage.

Modified Starches Exports

Exports in the EU

In 2017, approx. 1.8M tonnes of dextrins and other modified starches were exported in the European Union; rising by 6.1% against the previous year. The total export volume increased at an average annual rate of +1.1% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2010, with an increase of 16% y-o-y. Over the period under review, modified starches exports attained their maximum in 2017, and are expected to retain its growth in the immediate term.

In value terms, modified starches exports stood at $1.7B (IndexBox estimates) in 2017. The modified starches exports continue to indicate a relatively flat trend pattern. The level of exports peaked at $2B in 2014; however, from 2015 to 2017, exports remained at a lower figure.

Exports by Country

France (486K tonnes) and the Netherlands (468K tonnes) represented roughly 52% of total exports of dextrins and other modified starches in 2017. Germany (303K tonnes) held the second position in the ranking, distantly followed by Italy (131K tonnes), Belgium (94K tonnes) and Austria (84K tonnes). All these countries together held approx. 33% share of total exports. Sweden (69K tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Austria (+11.7% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest modified starches markets worldwide were the Netherlands ($441M), France ($377M) and Germany ($354M), with a combined 67% share of total exports. Austria, Italy, Sweden and Belgium lagged somewhat behind, together comprising a further 22%.

Export Prices by Country

The modified starches export price in the European Union stood at $947 per tonne in 2017, coming down by -1.9% against the previous year. The the modified starches export price continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of destination; the country with the highest export price was Austria ($1.6 per kg), while Belgium ($736 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Germany (+1.0% per year), while the other leaders experienced a decline in the export price figures.

Modified Starches Imports

Imports in the EU

In 2017, approx. 1.4M tonnes of dextrins and other modified starches were imported in the European Union; remaining stable against the previous year. The modified starches imports continue to indicate a slight deduction.

In value terms, modified starches imports totaled $1.3B (IndexBox estimates) in 2017. The modified starches imports continue to indicate a slight contraction. In that year, modified starches imports attained their peak of $1.7B. From 2012 to 2017, the growth of modified starches imports failed to regain its momentum.

Imports by Country

In 2017, Germany (360K tonnes) represented the largest importer for dextrins and other modified starches, constituting 26% of total imports. It was distantly followed by Finland (132K tonnes), the UK (129K tonnes), Sweden (105K tonnes), France (101K tonnes), Italy (86K tonnes), Belgium (82K tonnes), Poland (74K tonnes), the Netherlands (73K tonnes) and Spain (65K tonnes), together making up 60% share of total imports.

Germany was also the fastest growing in terms of the dextrins and other modified starches imports, with a CAGR of +1.7% from 2007 to 2017. Poland, Spain and Belgium experienced a relatively flat trend pattern. Sweden (-2.2%), Finland (-2.8%), the UK (-2.8%), France (-3.0%), Italy (-3.2%) and the Netherlands (-9.4%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Netherlands, the UK, Finland, France, Italy and Sweden increased by 8.7%, 3.1%, 3%, 2.6%, 2.4% and 1.9% percentage points, while Germany (-4%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($330M) constitutes the largest market for imported dextrins and other modified starches in the European Union, comprising 26% of global imports. The second position in the ranking was occupied by the UK ($130M), with a 10% share of global imports. It was followed by France, with a 9.8% share.

Import Prices by Country

The modified starches import price in the European Union stood at $922 per tonne in 2017, rising by 3.9% against the previous year. The the modified starches import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of 28% against the previous year. In that year, the import prices for dextrins and other modified starches attained their peak level of $1.1 per kg. From 2012 to 2017, the growth in terms of the import prices for dextrins and other modified starches failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($1.3 per kg), while Finland ($654 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+2.5% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Preserved Sweet Corn Market in the EU – Key Insights

June 28th, 2019 IndexBox Leave a comment

IndexBox has just published a new report, the EU – Sweet Corn Prepared Or Preserved – Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report’s key findings.

The revenue of the preserved sweet corn market in the European Union amounted to $459M in 2017, 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). The market value increased at an average annual rate of +1.9% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

The pace of growth was the most pronounced in 2008, when the market value increased by 28% against the previous year. The level of preserved sweet corn consumption peaked at $505M in 2014; however, from 2015 to 2017, consumption failed to regain its momentum.