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Animal Feeding Preparations Market in the EU to Continue Measured Growth

animal feeding

Animal Feeding Preparations Market in the EU to Continue Measured Growth

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

The revenue of the market for preparations for animal feeding in the European Union amounted to $64.4B in 2018, stabilizing at the previous year’s level. 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, preparations for animal feeding consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by 17% against the previous year. Over the period under review, the preparations for animal feeding market attained its peak figure level at $76.4B in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country in the EU

The countries with the highest volumes of preparations for animal feeding consumption in 2018 were Spain (25M tonnes), Germany (25M tonnes) and France (22M tonnes), together accounting for 43% of total consumption. The UK, the Netherlands, Italy, Poland and Belgium lagged somewhat behind, together comprising a further 39%.

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

In value terms, France ($10B), Germany ($9.5B) and the UK ($8.2B) were the countries with the highest levels of market value in 2018, together comprising 43% of the total market. Spain, the Netherlands, Italy, Poland and Belgium lagged somewhat behind, together accounting for a further 40%.

The countries with the highest levels of preparations for animal feeding per capita consumption in 2018 were the Netherlands (894 kg per person), Belgium (684 kg per person) and Spain (548 kg per person).

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

Market Forecast 2019-2025 in the EU

Driven by increasing demand for preparations for animal feeding in the European Union, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.0% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 181M tonnes by the end of 2025.

Production in the EU

The preparations for animal feeding production amounted to 171M tonnes in 2018, remaining relatively unchanged against the previous year. The total output volume increased at an average annual rate of +1.2% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years.

Production By Country in the EU

The countries with the highest volumes of preparations for animal feeding production in 2018 were Spain (26M tonnes), Germany (26M tonnes) and France (22M tonnes), with a combined 43% share of total production. These countries were followed by the UK, the Netherlands, Italy, Poland and Belgium, which together accounted for a further 39%.

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

Exports in the EU

In 2018, approx. 16M tonnes of preparations used in animal feeding were exported in the European Union; going down by -2% against the previous year. The total export volume increased at an average annual rate of +3.7% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when exports increased by 20% against the previous year. Over the period under review, preparations for animal feeding exports attained their maximum at 16M tonnes in 2017, and then declined slightly in the following year.

In value terms, preparations for animal feeding exports stood at $18B (IndexBox estimates) in 2018. The total exports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +3.7% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, preparations for animal feeding exports increased by +20.0% against 2015 indices. The pace of growth appeared the most rapid in 2011 when exports increased by 19% against the previous year. Over the period under review, preparations for animal feeding exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

The Netherlands (3,613K tonnes), Germany (2,709K tonnes), Belgium (1,862K tonnes) and France (1,464K tonnes) represented roughly 60% of total exports of preparations used in animal feeding in 2018. Italy (849K tonnes) held the next position in the ranking, followed by the UK (817K tonnes) and Poland (742K tonnes). All these countries together held near 15% share of total exports. The following exporters – Hungary (703K tonnes), Spain (616K tonnes), the Czech Republic (529K tonnes), Denmark (446K tonnes) and Austria (383K tonnes) – together made up 17% of total exports.

Export Prices by Country

The preparations for animal feeding export price in the European Union stood at $1,128 per tonne in 2018, picking up by 7.1% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.5%.

Prices varied noticeably by the country of origin; the country with the highest price was France ($1,752 per tonne), while the Netherlands ($899 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, approx. 14M tonnes of preparations used in animal feeding were imported in the European Union; remaining stable against the previous year. The total import volume increased at an average annual rate of +3.5% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, preparations for animal feeding imports reached their maximum in 2018 and are likely to continue its growth in the near future.

In value terms, preparations for animal feeding imports totaled $14.2B (IndexBox estimates) in 2018.

Imports by Country

Germany (2,070K tonnes), the Netherlands (1,925K tonnes), Belgium (1,606K tonnes), France (1,251K tonnes), the UK (1,136K tonnes), Poland (760K tonnes), Italy (623K tonnes), Ireland (456K tonnes), Spain (423K tonnes), Denmark (412K tonnes), Portugal (395K tonnes) and the Czech Republic (358K tonnes) represented roughly 84% of total imports of preparations used in animal feeding in 2018.

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

Source: IndexBox AI Platform

soya

European Soya Sauce Market to Keep Growing Modestly in the Near Future

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

In 2018, the revenue of the EU’s soya sauce market reached $704M in 2018. 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 in the EU

The countries with the highest volumes of soya sauce consumption in 2018 were Germany (28K tonnes), France (20K tonnes) and the UK (19K tonnes), with a combined 44% share of total consumption. The Netherlands, Spain, Poland, Romania, Belgium, Greece, Italy, Portugal and Ireland lagged somewhat behind, together accounting for a further 41%.

From 2008 to 2018, the most notable rate of growth in terms of soya sauce consumption, amongst the main consuming countries, was attained by Italy, while the other leaders experienced more modest paces of growth.

In value terms, France ($400M) led the market, alone. The second position in the ranking was occupied by Spain ($82M). It was followed by Germany.

The countries with the highest levels of soya sauce per capita consumption in 2018 were the Netherlands (928 kg per 1000 persons), Ireland (698 kg per 1000 persons) and Belgium (432 kg per 1000 persons).

From 2008 to 2018, the most notable rate of growth in terms of soya sauce per capita consumption, amongst the main consuming countries, was attained by Italy, while the other leaders experienced more modest paces of growth.

Market Forecast 2019-2025 in the EU

Driven by increasing demand for soya sauce in the European Union, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.0% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 173K tonnes by the end of 2025.

Production in the EU

In 2018, approx. 99K tonnes of soya sauce were produced in the European Union; standing approx. at the previous year. The total output indicated a buoyant expansion 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, soya sauce production increased by +38.6% against 2014 indices. The most prominent rate of growth was recorded in 2015 when production volume increased by 22% year-to-year. Over the period under review, soya sauce production reached its maximum volume at 99K tonnes in 2017, leveling off in the following year.

In value terms, soya sauce production totaled $261M in 2018 estimated in export prices. The total output indicated perceptible growth from 2008 to 2018: its value 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, soya sauce production increased by +36.0% against 2014 indices. The growth pace was the most rapid in 2017 when production volume increased by 30% y-o-y. The level of soya sauce production peaked in 2018 and is likely to see steady growth in the immediate term.

Exports in the EU

In 2018, the amount of soya sauce exported in the European Union amounted to 73K tonnes, picking up by 9% against the previous year. Over the period under review, soya sauce exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2010 with an increase of 64% y-o-y. Over the period under review, soya sauce exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, soya sauce exports totaled $167M (IndexBox estimates) in 2018. The total exports indicated a resilient expansion from 2008 to 2018: its value increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, soya sauce exports increased by +34.4% against 2015 indices. The growth pace was the most rapid in 2010 when exports increased by 70% year-to-year. Over the period under review, soya sauce exports reached their maximum at $190M in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands prevails in soya sauce exports structure, recording 53K tonnes, which was near 72% of total exports in 2018. The UK (7,195 tonnes) took the second position in the ranking, followed by Germany (3,587 tonnes). All these countries together occupied approx. 15% share of total exports. Poland (2,406 tonnes), Belgium (2,013 tonnes) and Sweden (1,528 tonnes) followed a long way behind the leaders.

From 2008 to 2018, average annual rates of growth with regard to soya sauce exports from the Netherlands stood at +9.4%. At the same time, Sweden (+24.0%), the UK (+13.8%), Germany (+4.7%) and Belgium (+3.8%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter in the European Union, with a CAGR of +24.0% from 2008-2018. By contrast, Poland (-4.2%) illustrated a downward trend over the same period. While the share of the Netherlands (+43 p.p.), the UK (+7.1 p.p.), Sweden (+1.8 p.p.) and Germany (+1.8 p.p.) increased significantly in terms of the total exports from 2008-2018, the share of Poland (-1.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($118M) remains the largest soya sauce supplier in the European Union, comprising 71% of total soya sauce exports. The second position in the ranking was occupied by the UK ($12M), with a 7.4% share of total exports. It was followed by Germany, with a 6.5% share.

In the Netherlands, soya sauce exports increased at an average annual rate of +6.0% over the period from 2008-2018. In the other countries, the average annual rates were as follows: the UK (+9.0% per year) and Germany (+3.5% per year).

Export Prices by Country

The soya sauce export price in the European Union stood at $2,273 per tonne in 2018, surging by 4.2% against the previous year. Overall, the soya sauce export price, however, continues to indicate a measured curtailment. The most prominent rate of growth was recorded in 2017 when the export price increased by 5.2% year-to-year. The level of export price peaked at $2,978 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 Belgium ($4,635 per tonne), while Poland ($1,237 per tonne) 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 a decline in the export price figures.

Imports in the EU

The imports stood at 125K tonnes in 2018, surging by 9.7% against the previous year. The total imports indicated a buoyant expansion from 2008 to 2018: its volume increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, soya sauce imports increased by +110.9% against 2008 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 17% against the previous year. The volume of imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, soya sauce imports stood at $240M (IndexBox estimates) in 2018. The total imports indicated a prominent increase from 2008 to 2018: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, soya sauce imports increased by +33.9% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 21% year-to-year. The level of imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the Netherlands (22K tonnes), the UK (20K tonnes), France (19K tonnes) and Germany (18K tonnes) represented the largest importers of soya sauce in the European Union, constituting 63% of total import. Spain (8,777 tonnes) took a 7% share (based on tonnes) of total imports, which put it in second place, followed by Belgium (5.1%). Italy (5,011 tonnes), Sweden (3,955 tonnes), Poland (3,450 tonnes), Ireland (3,432 tonnes), Finland (2,640 tonnes) and Austria (2,487 tonnes) followed a long way behind the leaders.

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

In value terms, France ($38M), Germany ($37M) and the Netherlands ($36M) appeared to be the countries with the highest levels of imports in 2018, together comprising 46% of total imports. These countries were followed by the UK, Spain, Italy, Belgium, Sweden, Ireland, Poland, Austria and Finland, which together accounted for a further 46%.

Among the main importing countries, Italy 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 soya sauce import price in the European Union stood at $1,919 per tonne in 2018, increasing by 1.7% against the previous year. In general, the soya sauce import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the import price increased by 5.2% year-to-year. Over the period under review, the import prices for soya sauce reached their maximum at $2,073 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 Italy ($2,588 per tonne), while the Netherlands ($1,606 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

germany

Germany’s Soup and Broth Market Is Estimated at $576M in 2018

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

The revenue of the soups market in Germany amounted to $576M in 2018, falling by -8.6% 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). Overall, soups consumption continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2013 when the market value increased by 6.4% y-o-y. Over the period under review, the soups market reached its maximum level at $872M in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Market Forecast 2019-2025 in Germany

Driven by rising demand for soups in Germany, the market is expected to start an upward consumption trend over the next seven-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.8% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 207K tonnes by the end of 2025.

Production in Germany

Soups production in Germany totaled 211K tonnes in 2018, leveling off at the previous year. In general, soups production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of 2.5% year-to-year. Over the period under review, soups production reached its maximum volume at 221K tonnes in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

In value terms, soups production amounted to $604M in 2018 estimated in export prices. Overall, soups production, however, continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2013 with an increase of 3.5% year-to-year. Soups production peaked at $937M in 2008; however, from 2009 to 2018, production failed to regain its momentum.

 

Exports from Germany

In 2018, approx. 58K tonnes of soups and broths were exported from Germany; picking up by 15% against the previous year. In general, soups exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 19% year-to-year. In that year, soups exports attained their peak of 59K tonnes. From 2014 to 2018, the growth of soups exports failed to regain its momentum.

In value terms, soups exports stood at $181M (IndexBox estimates) in 2018. In general, soups exports continue to indicate a mild contraction. The growth pace was the most rapid in 2011 with an increase of 14% year-to-year. Exports peaked at $200M in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (23K tonnes), France (12K tonnes) and Poland (4K tonnes) were the main destinations of soups exports from Germany, with a combined 67% share of total exports. These countries were followed by Belgium, Austria, the UK, Spain, the U.S. and Switzerland, which together accounted for a further 23%.

From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the U.S., while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soups exported from Germany were the Netherlands ($53M), France ($40M) and Poland ($15M), with a combined 59% share of total exports.

Poland 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

In 2018, the average soups export price amounted to $3,112 per tonne, dropping by -6.3% against the previous year. Over the period under review, the soups export price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2009 when the average export price increased by 10% against the previous year. In that year, the average export prices for soups and broths reached their peak level of $4,155 per tonne. From 2010 to 2018, the growth in terms of the average export prices for soups and broths failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($5,732 per tonne), while the average price for exports to the U.S. ($1,612 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 the UK, while the prices for the other major destinations experienced more modest paces of growth.

Imports into Germany

In 2018, the amount of soups and broths imported into Germany amounted to 43K tonnes, declining by -4.6% against the previous year. In general, soups imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by 44% y-o-y. Over the period under review, soups imports attained their maximum at 60K tonnes in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, soups imports totaled $124M (IndexBox estimates) in 2018. Overall, the total imports indicated a slight expansion from 2008 to 2018: its value increased at an average annual rate of +0.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, soups imports increased by +4.2% against 2016 indices. The pace of growth appeared the most rapid in 2012 with an increase of 23% year-to-year. Over the period under review, soups imports reached their peak figure at $166M in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the Netherlands (15K tonnes) constituted the largest supplier of soups to Germany, with a 36% share of total imports. Moreover, soups imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Switzerland (4.9K tonnes), threefold. The third position in this ranking was occupied by Hungary (4.7K tonnes), with an 11% share.

From 2008 to 2018, the average annual rate of growth in terms of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-3.2% per year) and Hungary (+15.3% per year).

In value terms, the Netherlands ($32M), Hungary ($17M) and Switzerland ($13M) were the largest soups suppliers to Germany, together accounting for 50% of total imports. These countries were followed by Belgium, the Czech Republic, Austria, Italy, Poland, Turkey, Thailand, France and China, which together accounted for a further 41%.

In terms of the main suppliers, the Czech Republic 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

In 2018, the average soups import price amounted to $2,905 per tonne, standing approx. at the previous year. Over the period under review, the soups import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of 14% against the previous year. In that year, the average import prices for soups and broths attained their peak level of $3,642 per tonne. From 2012 to 2018, the growth in terms of the average import prices for soups and broths remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Czech Republic ($4,447 per tonne), while the price for China ($1,918 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

potato starch

Germany’s Production of Potato Starch Is Continuously Decreasing Due to Exports Contraction

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

Production in Germany

Potato starch production in Germany stood at 345K tonnes in 2018, coming down by -6.7% against the previous year. Overall, potato starch production continues to indicate a significant contraction. The most prominent rate of growth was recorded in 2014 when production volume increased by 7.2% year-to-year. Potato starch production peaked at 464K tonnes in 2009; however, from 2010 to 2018, production failed to regain its momentum.

In value terms, potato starch production totaled $229M in 2018 estimated in export prices. In general, potato starch production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of 39% against the previous year. In that year, potato starch production reached its peak level of $302M. From 2012 to 2018, potato starch production growth remained at a lower figure.

Exports from Germany

In 2018, the amount of potato starch exported from Germany amounted to 263K tonnes, declining by -6.5% against the previous year. Over the period under review, potato starch exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2012 with an increase of 39% y-o-y. Exports peaked at 406K tonnes in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, potato starch exports totaled $206M (IndexBox estimates) in 2018. Over the period under review, potato starch exports continue to indicate a slight curtailment. The growth pace was the most rapid in 2011 with an increase of 17% against the previous year. Over the period under review, potato starch exports reached their maximum at $288M in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (48K tonnes), South Korea (41K tonnes) and the U.S. (19K tonnes) were the main destinations of potato starch exports from Germany, with a combined 41% share of total exports. Malaysia, China, Italy, Japan, the UK, Thailand, China, Hong Kong SAR, the Philippines and Spain lagged somewhat behind, together comprising a further 33%.

From 2009 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($36M), South Korea ($34M) and the U.S. ($19M) were the largest markets for potato starch exported from Germany worldwide, together comprising 44% of total exports. These countries were followed by the UK, Japan, Italy, Malaysia, China, Thailand, the Philippines, Spain and China, Hong Kong SAR, which together accounted for a further 30%.

Japan recorded the highest growth rate of exports, among the main countries of destination over the last nine-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average potato starch export price stood at $782 per tonne in 2018, increasing by 8.4% against the previous year. Over the period under review, the export price indicated noticeable growth from 2009 to 2018: its price increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, potato starch export price increased by +20.3% against 2015 indices. The most prominent rate of growth was recorded in 2011 an increase of 78% year-to-year. In that year, the average export prices for potato starch attained their peak level of $968 per tonne. From 2012 to 2018, the growth in terms of the average export prices for potato starch failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($996 per tonne), while the average price for exports to China ($520 per tonne) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports into Germany

In 2018, the amount of potato starch imported into Germany amounted to 70K tonnes, growing by 40% against the previous year. In general, potato starch imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 40% y-o-y. In that year, potato starch imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, potato starch imports stood at $49M (IndexBox estimates) in 2018. Over the period under review, potato starch imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011 when imports increased by 95% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

France (25K tonnes), Denmark (15K tonnes) and the Netherlands (12K tonnes) were the main suppliers of potato starch imports to Germany, together accounting for 74% of total imports. Poland, Austria, Finland and Belgium lagged somewhat behind, together comprising a further 24%.

From 2009 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Poland (+57.6% per year), while the other leaders experienced more modest paces of growth.

In value terms, France ($15M), Denmark ($11M) and the Netherlands ($9.4M) were the largest potato starch suppliers to Germany, together comprising 72% of total imports. Poland, Austria, Finland and Belgium lagged somewhat behind, together accounting for a further 26%.

Among the main suppliers, Poland (+53.4% per year) recorded the highest growth rate of imports, over the last nine-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average potato starch import price amounted to $704 per tonne, surging by 2.9% against the previous year. In general, the potato starch import price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2011 when the average import price increased by 84% against the previous year. In that year, the average import prices for potato starch attained their peak level of $940 per tonne. From 2012 to 2018, the growth in terms of the average import prices for potato starch failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($863 per tonne), while the price for Belgium ($563 per tonne) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

cotton bed

EU Cotton Bed Linen Market – Italy, Portugal, and Germany Account for 70% of Total Production

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

The revenue of the cotton bed linen market in the European Union is estimated at $10.4B in 2018, an increase of  12% y-o-y. 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, bed linen of cotton consumption, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Over the period under review, the bed linen of cotton market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Consumption By Country in the EU

The countries with the highest volumes of bed linen of cotton consumption in 2018 were Italy (50K tonnes), Germany (46K tonnes) and France (45K tonnes), together accounting for 53% of total consumption. These countries were followed by the UK, Spain, the Netherlands, Sweden, Austria, Portugal, Belgium, Greece and Denmark, which together accounted for a further 37%.

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

In value terms, the UK ($7.4B) led the market, alone. The second position in the ranking was occupied by France ($819M). It was followed by Germany.

The countries with the highest levels of bed linen of cotton per capita consumption in 2018 were Austria (970 kg per 1000 persons), Sweden (882 kg per 1000 persons) and Italy (836 kg per 1000 persons).

From 2007 to 2018, the most notable rate of growth in terms of bed linen of cotton per capita consumption, amongst the main consuming countries, was attained by Austria, while the other leaders experienced more modest paces of growth.

Market Forecast 2019-2025 in the EU

The bed linen of cotton market is expected to start a downward consumption trend over the next seven years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.6% for the seven-year period from 2018 to 2025, which is projected to depress the market volume to 253K tonnes by the end of 2025.

Production in the EU

In 2018, the production of bed linen of cotton in the European Union amounted to 92K tonnes, lowering by -6.1% against the previous year. In general, bed linen of cotton production continues to indicate a moderate descent. The growth pace was the most rapid in 2016 when production volume increased by 9.2% year-to-year. Over the period under review, bed linen of cotton production attained its peak figure volume at 127K tonnes in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

In value terms, bed linen of cotton production totaled $957M in 2018 estimated in export prices. Over the period under review, bed linen of cotton production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2010 with an increase of 3.3% y-o-y. Over the period under review, bed linen of cotton production attained its peak figure level at $1.5B in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of bed linen of cotton production in 2018 were Italy (27K tonnes), Portugal (25K tonnes) and Germany (13K tonnes), together accounting for 70% of total production. These countries were followed by Poland, Spain, France and Romania, which together accounted for a further 21%.

From 2007 to 2018, the most notable rate of growth in terms of bed linen of cotton production, amongst the main producing countries, was attained by Spain, while the other leaders experienced mixed trends in the production figures.

Exports in the EU

In 2018, the bed linen of cotton exports in the European Union amounted to 147K tonnes, surging by 7.9% against the previous year. The total export volume increased at an average annual rate of +1.6% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 16% year-to-year. The volume of exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, bed linen of cotton exports amounted to $1.6B (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +1.7% from 2007 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 2013 when exports increased by 17% against the previous year. Over the period under review, bed linen of cotton exports attained their maximum at $1.7B in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Germany (33K tonnes), distantly followed by Portugal (19K tonnes), Poland (17K tonnes), Belgium (16K tonnes), the Netherlands (15K tonnes), Italy (7.9K tonnes), France (7.8K tonnes) and Spain (7.4K tonnes) represented the key exporters of bed linen of cotton, together making up 84% of total exports. The Czech Republic (4,375 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 the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen of cotton markets in the European Union were Germany ($357M), Portugal ($300M) and Belgium ($146M), together accounting for 49% of total exports. Poland, the Netherlands, Italy, France, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 38%.

In terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The bed linen of cotton export price in the European Union stood at $11,134 per tonne in 2018, flattening at the previous year. In general, the bed linen of cotton export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of 16% year-to-year. In that year, the export prices for bed linen of cotton reached their peak level of $13,796 per tonne. From 2012 to 2018, the growth in terms of the export prices for bed linen of cotton 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 Portugal ($15,547 per tonne), while Poland ($7,852 per tonne) was amongst the lowest.

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

Imports in the EU

The imports stood at 319K tonnes in 2018, increasing by 3.3% against the previous year. The total import volume increased at an average annual rate of +1.9% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2013 with an increase of 17% y-o-y. The volume of imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, bed linen of cotton imports totaled $2.8B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.1% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when imports increased by 22% y-o-y. In that year, bed linen of cotton imports reached their peak of $3B. From 2012 to 2018, the growth of bed linen of cotton imports remained at a somewhat lower figure.

Imports by Country

In 2018, Germany (67K tonnes), France (47K tonnes), the UK (32K tonnes), Italy (31K tonnes), the Netherlands (27K tonnes) and Belgium (24K tonnes) were the largest importers of bed linen of cotton in the European Union, creating 71% of total import. Spain (16K tonnes) ranks next in terms of the total imports with a 4.9% share, followed by Poland (4.8%).

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

In value terms, the largest bed linen of cotton importing markets in the European Union were Germany ($611M), France ($475M) and the UK ($286M), together comprising 48% of total imports. These countries were followed by the Netherlands, Italy, Belgium, Spain and Poland, which together accounted for a further 32%.

Poland experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bed linen of cotton import price in the European Union amounted to $8,910 per tonne, standing approx. at the previous year. In general, the bed linen of cotton import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the import price increased by 28% against the previous year. In that year, the import prices for bed linen of cotton attained their peak level of $11,299 per tonne. From 2012 to 2018, the growth in terms of the import prices for bed linen of cotton remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($10,560 per tonne), while Italy ($6,906 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 more modest paces of growth.

Source: IndexBox AI Platform

dog and cat food

EU Dog And Cat Food Market Is Set to Reach 9.6M Tonnes by 2025

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

The revenue of the dog and cat food market in the European Union amounted to $12.1B in 2018, surging 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). The market value increased at an average annual rate of +1.1% over the period from 2008 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2013 when the market value increased by 8.1% year-to-year. In that year, the dog and cat food market attained its peak level of $12.6B. From 2014 to 2018, the growth of the dog and cat food market remained at a somewhat lower figure.

Consumption By Country in the EU

The countries with the highest volumes of dog and cat food consumption in 2018 were the UK (1.5M tonnes), France (1.3M tonnes) and Germany (1.3M tonnes), together accounting for 45% of total consumption. Spain, Italy, Poland, the Netherlands, Portugal, Sweden, Belgium, Romania and Hungary lagged somewhat behind, together comprising a further 42%.

From 2008 to 2018, the most notable rate of growth in terms of dog and cat food consumption, amongst the main consuming countries, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, the largest dog and cat food markets in the European Union were the UK ($2.7B), France ($2.3B) and Germany ($2B), together accounting for 57% of the total market. These countries were followed by Italy, Spain, Sweden, the Netherlands, Poland, Belgium, Hungary, Portugal and Romania, which together accounted for a further 32%.

The countries with the highest levels of dog and cat food per capita consumption in 2018 were Sweden (32 kg per person), Portugal (31 kg per person) and Hungary (25 kg per person).

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

Market Forecast 2019-2025 in the EU

Driven by increasing demand for dog and cat food in the European Union, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.1% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 9.6M tonnes by the end of 2025.

Production in the EU

In 2018, the production of dog and cat food in the European Union stood at 9.8M tonnes, flattening at the previous year. The total output volume increased at an average annual rate of +1.8% from 2008 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of 4.1% against the previous year. Over the period under review, dog and cat food production attained its peak figure volume at 9.8M tonnes in 2017, leveling off in the following year.

In value terms, dog and cat food production amounted to $13.1B in 2018 estimated in export prices. The total output value increased at an average annual rate of +1.4% from 2008 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2013 when production volume increased by 13% against the previous year. In that year, dog and cat food production attained its peak level of $13.6B. From 2014 to 2018, dog and cat food production growth remained at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of dog and cat food production in 2018 were France (1.8M tonnes), Germany (1.4M tonnes) and the UK (1.2M tonnes), with a combined 45% share of total production. Spain, Hungary, the Netherlands, Italy and Poland lagged somewhat behind, together accounting for a further 37%.

From 2008 to 2018, the most notable rate of growth in terms of dog and cat food production, amongst the main producing countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the amount of dog and cat food exported in the European Union amounted to 5.5M tonnes, increasing by 2.9% against the previous year. The total export volume increased at an average annual rate of +4.0% over the period from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by 9% against the previous year. The volume of exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, dog and cat food exports stood at $9.2B (IndexBox estimates) in 2018. The total exports indicated a strong expansion from 2008 to 2018: its value 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, dog and cat food exports increased by +29.5% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 16% year-to-year. Over the period under review, dog and cat food exports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

In 2018, Germany (829K tonnes), France (807K tonnes), the Netherlands (572K tonnes), Poland (527K tonnes) and Hungary (517K tonnes) were the main exporters of dog and cat food in the European Union, comprising 59% of total export. It was distantly followed by Spain (323K tonnes), Ireland (309K tonnes), the UK (272K tonnes), the Czech Republic (266K tonnes), Belgium (260K tonnes) and Italy (252K tonnes), together comprising a 31% share of total exports.

From 2008 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest dog and cat food markets in the European Union were Germany ($1.8B), France ($1.5B) and the Netherlands ($1.1B), together comprising 48% of total exports. Poland, Belgium, Hungary, the UK, the Czech Republic, Italy, Ireland and Spain lagged somewhat behind, together accounting for a further 41%.

Poland recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The dog and cat food export price in the European Union stood at $1,668 per tonne in 2018, going up by 7.5% against the previous year. Overall, the dog and cat food export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of 11% against the previous year. The level of export price peaked at $1,730 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 Germany ($2,124 per tonne), while Spain ($885 per tonne) was amongst the lowest.

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

Imports in the EU

The imports totaled 4.6M tonnes in 2018, surging by 2.7% against the previous year. The total import volume increased at an average annual rate of +2.9% over the period from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 with an increase of 8.1% y-o-y. Over the period under review, dog and cat food imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, dog and cat food imports totaled $7.7B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +3.6% from 2008 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 14% against the previous year. Over the period under review, dog and cat food imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of dog and cat food imports in 2018 were Germany (646K tonnes), the UK (528K tonnes), Belgium (392K tonnes), France (374K tonnes), Italy (342K tonnes), Poland (290K tonnes), the Netherlands (288K tonnes), Austria (251K tonnes), Spain (196K tonnes), Romania (186K tonnes) and Portugal (179K tonnes), together resulting at 79% of total import. Greece (109K tonnes) held a little share of total imports.

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

In value terms, Germany ($1.3B), the UK ($878M) and France ($638M) were the countries with the highest levels of imports in 2018, with a combined 36% share of total imports. Italy, Poland, Belgium, the Netherlands, Austria, Spain, Portugal, Romania and Greece lagged somewhat behind, together comprising a further 45%.

Among the main importing countries, Poland experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the dog and cat food import price in the European Union amounted to $1,654 per tonne, rising by 2.5% against the previous year. Overall, the dog and cat food import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the import price increased by 11% y-o-y. The level of import price peaked at $1,718 per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($1,976 per tonne), while Romania ($874 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

chicken egg

Chicken Egg Market in Eastern Europe – Russia’s Production Is Growing Rapidly, Driven by Strong Domestic Demand and Expanding Exports

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

The revenue of the chicken egg market in Eastern Europe amounted to $9.7B in 2018, surging 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). Over the period under review, chicken egg consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by 13% against the previous year. The level of chicken egg consumption peaked at $10.8B in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country in Eastern Europe

The country with the largest volume of chicken egg consumption was Russia (2.6M tonnes), accounting for 54% of total consumption. Moreover, chicken egg consumption in Russia exceeded the figures recorded by the region’s second-largest consumer, Ukraine (898K tonnes), threefold. The third position in this ranking was occupied by Poland (345K tonnes), with a 7.2% share.

In Russia, chicken egg consumption expanded at an average annual rate of +1.6% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Ukraine (+1.0% per year) and Poland (-3.8% per year).

In value terms, the largest chicken egg markets in Eastern Europe were Ukraine ($4.5B), Russia ($2.8B) and Hungary ($673M), together accounting for 82% of the total market.

The countries with the highest levels of chicken egg per capita consumption in 2018 were Ukraine (20 kg per person), Belarus (18 kg per person) and Russia (18 kg per person).

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

Market Forecast 2019-2025 in Eastern Europe

Driven by increasing demand for chicken egg in Eastern Europe, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.8% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 5.1M tonnes by the end of 2025.

Production in Eastern Europe

The chicken egg production amounted to 5.1M tonnes in 2018, therefore, remained relatively stable against the previous year. Overall, chicken egg production continues to indicate mild growth. The most prominent rate of growth was recorded in 2010 when production volume increased by 3.2% against the previous year. The volume of chicken egg production peaked in 2018 and is expected to retain its growth in the near future. The general positive trend in terms of chicken egg output was largely conditioned by slight growth of the number of producing animals and a relatively flat trend pattern in yield figures.

In value terms, chicken egg production stood at $11.3B in 2018 estimated in export prices. The total output value increased at an average annual rate of +1.4% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 39% against the previous year. The level of chicken egg production peaked at $12B in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Production By Country in Eastern Europe

Russia (2.5M tonnes) constituted the country with the largest volume of chicken egg production, comprising approx. 50% of total production. Moreover, chicken egg production in Russia exceeded the figures recorded by the region’s second-largest producer, Ukraine (895K tonnes), threefold. The third position in this ranking was occupied by Poland (600K tonnes), with a 12% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in Russia totaled +1.6%. In the other countries, the average annual rates were as follows: Ukraine (+0.9% per year) and Poland (+0.8% per year).

Producing Animals in Eastern Europe

In 2018, approx. 444M heads of producing animals were grown in Eastern Europe; approximately reflecting the previous year. This number increased at an average annual rate of +1.1% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2012 with an increase of 5.3% y-o-y. Over the period under review, this number attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Yield in Eastern Europe

In 2018, the average chicken egg yield in Eastern Europe totaled 11 kg per head, remaining stable against the previous year. Over the period under review, the chicken egg yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when yield increased by 7% year-to-year. In that year, the chicken egg yield attained its peak level of 12 kg per head. From 2010 to 2018, the growth of the chicken egg yield remained at a lower figure.

Exports in Eastern Europe

In 2018, approx. 437K tonnes of chicken eggs were exported in Eastern Europe; rising by 6.8% against the previous year. Over the period under review, chicken egg exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 91% year-to-year. The volume of exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, chicken egg exports amounted to $657M (IndexBox estimates) in 2018. In general, chicken egg exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 53% against the previous year. The level of exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Poland prevails in chicken egg exports structure, finishing at 267K tonnes, which was near 61% of total exports in 2018. Belarus (40K tonnes) took the second position in the ranking, followed by Russia (33K tonnes), Latvia (23K tonnes) and the Czech Republic (20K tonnes). All these countries together occupied approx. 27% share of total exports. Bulgaria (15K tonnes) and Romania (12K tonnes) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the chicken eggs exports, with a CAGR of +21.8% from 2007 to 2018. At the same time, Russia (+19.2%), Bulgaria (+15.5%), the Czech Republic (+6.4%), Latvia (+5.8%), Romania (+5.6%) and Belarus (+2.5%) displayed positive paces of growth. From 2007 to 2018, the share of Poland, Russia, Bulgaria, Latvia, the Czech Republic and Belarus increased by +54%, +6.5%, +2.8%, +2.4%, +2.3% and +2.2% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($402M) remains the largest chicken egg supplier in Eastern Europe, comprising 61% of total chicken egg exports. The second position in the ranking was occupied by the Czech Republic ($43M), with a 6.5% share of total exports. It was followed by Bulgaria, with a 5.2% share.

From 2007 to 2018, the average annual growth rate of value in Poland amounted to +19.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+2.1% per year) and Bulgaria (+11.2% per year).

Export Prices by Country

In 2018, the chicken egg export price in Eastern Europe amounted to $1,504 per tonne, picking up by 3.6% against the previous year. Over the period under review, the chicken egg export price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2017 when the export price increased by 24% against the previous year. Over the period under review, the export prices for chicken eggs attained their peak figure at $2,301 per tonne in 2007; however, from 2008 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 Bulgaria ($2,219 per tonne), while Belarus ($733 per tonne) was amongst the lowest.

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

Imports in Eastern Europe

In 2018, the imports of chicken eggs in Eastern Europe stood at 182K tonnes, jumping by 6.4% against the previous year. The total imports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +4.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chicken egg imports decreased by -6.8% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 20% y-o-y. The volume of imports peaked at 196K tonnes in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, chicken egg imports amounted to $383M (IndexBox estimates) in 2018. Over the period under review, chicken egg imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 20% y-o-y. In that year, chicken egg imports attained their peak of $489M. From 2015 to 2018, the growth of chicken egg imports remained at a lower figure.

Imports by Country

Russia represented the main importing country with an import of around 84K tonnes, which amounted to 46% of total imports. It was distantly followed by the Czech Republic (20K tonnes), Hungary (17K tonnes), Poland (12K tonnes), Lithuania (11K tonnes), Latvia (8.7K tonnes) and Romania (8.5K tonnes), together creating a 42% share of total imports.

Imports into Russia increased at an average annual rate of +6.5% from 2007 to 2018. At the same time, Hungary (+15.5%), Lithuania (+15.4%), Romania (+7.6%), Latvia (+3.7%) and Poland (+2.7%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer in Eastern Europe, with a CAGR of +15.5% from 2007-2018. The Czech Republic experienced a relatively flat trend pattern. While the share of Russia (+23 p.p.), Hungary (+7.3 p.p.), Lithuania (+4.6 p.p.), Romania (+2.6 p.p.), Poland (+1.6 p.p.) and Latvia (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($208M) constitutes the largest market for imported chicken eggs in Eastern Europe, comprising 54% of total chicken egg imports. The second position in the ranking was occupied by the Czech Republic ($35M), with a 9% share of total imports. It was followed by Hungary, with a 7.2% share.

From 2007 to 2018, the average annual growth rate of value in Russia amounted to +3.3%. In the other countries, the average annual rates were as follows: the Czech Republic (-4.1% per year) and Hungary (+10.6% per year).

Import Prices by Country

The chicken egg import price in Eastern Europe stood at $2,099 per tonne in 2018, picking up by 3.7% against the previous year. Overall, the chicken egg import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 an increase of 11% y-o-y. Over the period under review, the import prices for chicken eggs attained their maximum at $3,152 per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Russia ($2,490 per tonne), while Latvia ($1,300 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Goods

Is Your Supply Chain Prepared for Potential U.S. Tariffs on EU Goods?

Transatlantic tariffs came closer to reality in recent months after the United States Trade Representative (USTR) proposed tariffs on a list of products from the European Union (EU). 

Unfortunately, even if you’ve already gone through something similar with goods imported from China, the same strategy may not be effective for the tariffs on EU goods. This is due in large part to the types of proposed commodities from the EU.

The good news is there are things you can do today to adjust your import strategy to maintain compliance while insulating your company from the proposed tariffs.

Up to $25 billion worth of EU goods at stake

The USTR announcements in April and July proposed tariffs targeting up to $25 billion worth of goods. This includes items such as new aircraft and aircraft parts, foods ranging from seafood and meat to cheese and pasta, wine and whiskey, and even ceramics and cleaning chemicals. 

To date, the USTR has only provided a preliminary commodity list for the proposed U.S. tariffs on EU goods. No percentages have been announced, leaving many to wonder if the tariffs will be manageable—in the 5-10% range—or more substantial, like the 25% tariffs applied to China imports. 

On top of the tariffs, when the French Senate announced a 3% tax on revenue from digital services earned in France, President Trump threatened a counter-tax on French wine. But it’s unclear if this tax will come to fruition or fizzle out—especially since the USTR’s tariff list already includes many types of wine. 

5 key questions to insulate your supply chain

Looking for the best way to prepare your business from the potential tariff increases? Answering these key questions may help you adapt and insulate your company. 

-Do you have a plan to cover the costs? 

You may not be able to avoid paying the tariffs, but there are various strategies you may consider to help cover their costs. 

While not ideal, you could increase prices to end consumers. It may not be feasible to recover the entire cost of an added tariff, but you can at least offset a small portion of the tariff this way.

You can also adjust the cost of the goods with suppliers and manufacturers to cover a portion of the tariff. Just remember: pricing changes still need to meet the valuation regulations with U.S. Customs and Border Protection (CBP). 

-Will you need to increase your customs bond? 

The smallest customs bond an importer can hold is $50,000. That used to be enough for many importers to cover generally 10% of the duties and taxes you expect to pay CBP. 

Unfortunately, as many importers from China are learning, a 25% tariff on products can quickly exceed your bond amount. And bond insufficiency can shut down all your imports while resulting in delays and added expenses. 

To help avoid bond insufficiency, consider any increased duty amounts in advance of your next bond renewal period. And don’t wait to do this until the last minute, because raising your customs bond with your surety company can take up to four weeks. 

-Do you re-export goods brought into the U.S.? 

Duty drawback programs can’t be used by every importer. But if you can take advantage of them, they can result in big savings for your company.

In fact, you can get back 99% of certain import duties, taxes, and fees on imported goods that you re-export out of the U.S. Just be aware that you still need to pay the duties up front. And you might need to wait up to two years to get your refund. 

-Are your product classifications current and accurate?

With potential tariffs looming, consider reviewing your product classifications and make sure they’re accurate. If you find an issue, discuss it with your broker or customs counsel to discuss how you can properly rectify the issue, and avoid penalties from doing it incorrectly.

And while we’re on the topic of product classifications, never change them to evade tariffs. CBP will be on the lookout for this kind of activity, and the penalties for noncompliance can be steep.

-Do you have the support you need?

Changing your customs brokers may not sound appealing, but ensuring they provide all the services you need to stay compliant should be your top priority when working with them.

Your provider should help make sure you pay the appropriate duty rates for your products. And they should have people and services available globally to support your freight wherever it is located throughout the world. 

Also, consider simplifying your support by working with one provider that offers not only customs brokerage and trade compliance services but also global ocean and air freight logistics services. 

If you only employ one strategy…

Discuss your import strategy with your customs attorney or customs compliance expert. Bringing in specialized expertise is the most effective way to analyze how these tariffs could affect your products, your supply chain, and your business. 

If you don’t yet have a customs broker who can meet all your needs in today’s changing environment, consider C.H. Robinson’s customs compliance services. With over 100 licensed customs brokers in North America, and a Trusted Advisor® approach, our experts are ready to help.

____________________________________________________________

Ben Bidwell serves as the Director of U.S. Customs at  C.H. Robinson

imports

U.S. Imports of Fats And Oils Refining and Blending Doubled over the Last Five Years

IndexBox has just published a new report: ‘U.S. Fats And Oils Market. Analysis And Forecast to 2025.’ Here is a summary of the report’s key findings.

In 2018, the revenue of the fat and oil market in the U.S. amounted to $10.6B. 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, fat and oil consumption continues to indicate a decrease. The pace of growth was the most pronounced in 2016 when the market value decreased by -4% year-to-year. Fat and oil consumption peaked at $18.6B in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

U.S. Fat And Oil Production

In value terms, fat and oil production totaled $10.5B in 2018. In general, fat and oil production continues to indicate a decline. The most prominent rate of growth was recorded in 2016 with a decrease of -4% year-to-year. Over the period under review, fat and oil production reached its peak figure level at $18.6B in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

In value terms, shortening and cooking oils ($9.1B) constituted the leading product category. The second position in the ranking was occupied by margarine, butter blends, and butter substitutes ($1.3B).

From 2013 to 2018, the average annual rate of growth in terms of the production volume of shortening and cooking oils stood at -11.4%. With regard to the other produced products, the following average annual rates of growth were recorded: margarine, butter blends, and butter substitutes (-6.6% per year) and other fats and oils refining and blending (+20.4% per year).

Exports from the U.S.

In 2018, the amount of fats and oils exported from the U.S. stood at 22K tonnes, surging by 47% against the previous year. Over the period under review, the total exports indicated a strong expansion from 2013 to 2018: its volume increased at an average annual rate of +6.8% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fat and oil exports increased by +126.1% against 2015 indices. The pace of growth was the most pronounced in 2018 when exports increased by 47% year-to-year. In that year, fat and oil exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, fat and oil exports stood at $26M (IndexBox estimates) in 2018. Over the period under review, the total exports indicated strong growth from 2013 to 2018: its value increased at an average annual rate of +6.8% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fat and oil exports increased by +115.0% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 39% against the previous year. In that year, fat and oil exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Libya (5.9K tonnes), Egypt (3.1K tonnes) and India (3K tonnes) were the main destinations of fat and oil exports from the U.S., with a combined 55% share of total exports.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by India (+270.1% per year), while the other leaders experienced more modest paces of growth.

In value terms, Libya ($5.1M) emerged as the key foreign market for fat and oil exports from the U.S., comprising 19% of total fat and oil exports. The second position in the ranking was occupied by India ($2.3M), with a 8.6% share of total exports. It was followed by Egypt, with a 8.2% share.

From 2013 to 2018, the average annual growth rate of value to Libya was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+201.4% per year) and Egypt (0.0% per year).

Export Prices by Country

The average fat and oil export price stood at $1,210 per tonne in 2018, going down by -5.7% against the previous year. Over the last five-year period, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2015 an increase of 23% year-to-year. The export price peaked at $1,283 per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($4,008 per tonne), while the average price for exports to Egypt ($690 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the fat and oil imports into the U.S. stood at 55K tonnes, increasing by 18% against the previous year. In general, fat and oil imports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2014 with an increase of 42% y-o-y. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, fat and oil imports totaled $154M (IndexBox estimates) in 2018. Over the period under review, the total imports indicated remarkable growth from 2013 to 2018: its value increased at an average annual rate of +20.1% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fat and oil imports increased by +80.1% against 2013 indices. The pace of growth was the most pronounced in 2018 when imports increased by 18% y-o-y. In that year, fat and oil imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Indonesia (16K tonnes) constituted the largest supplier of fat and oil to the U.S., with a 29% share of total imports. Moreover, fat and oil imports from Indonesia exceeded the figures recorded by the second-largest supplier, Spain (6.1K tonnes), threefold. India (5.9K tonnes) ranked third in terms of total imports with a 11% share.

From 2013 to 2018, the average annual rate of growth in terms of volume from Indonesia stood at +105.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+81.4% per year) and India (+8.4% per year).

In value terms, Indonesia ($49M) constituted the largest supplier of fat and oil to the U.S., comprising 32% of total fat and oil imports. The second position in the ranking was occupied by Malaysia ($15M), with a 10% share of total imports. It was followed by India, with a 7.6% share.

From 2013 to 2018, the average annual rate of growth in terms of value from Indonesia stood at +113.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+52.6% per year) and India (+9.8% per year).

Import Prices by Country

In 2018, the average fat and oil import price amounted to $2,774 per tonne, flattening at the previous year. Over the period under review, the fat and oil import price continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 26% year-to-year. The import price peaked at $3,840 per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($7,513 per tonne), while the price for Ecuador ($1,043 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Vinegar Market in the EU – Germany Emerges As The Largest Importer, Italy Lags Behind Slightly

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

The revenue of the vinegar market in the European Union amounted to $1B in 2018, surging by 5.8% 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, vinegar consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, with an increase of 12% year-to-year. In that year, the vinegar market attained its peak level of $1.1B. From 2012 to 2018, the growth of the vinegar market remained at a somewhat lower figure.

Production in the EU

In 2018, production of vinegar in the European Union stood at 1.2B litres, growing by 4.4% against the previous year. The total output volume increased at an average annual rate of +1.6% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years.

Exports in the EU

In 2018, vinegar exports in the European Union amounted to 409M litres, jumping by 3.7% against the previous year. The total exports indicated a pronounced increase from 2007 to 2018: its volume increased at an average annual rate of +3.4% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the vinegar exports increased by +31.7% against 2015 indices. In value terms, vinegar exports totaled $520M (IndexBox estimates) in 2018.

Exports by Country

In 2018, Italy (124M litres) was the key exporter for vinegar, achieving 30% of total exports. Germany (63M litres) took the second position in the ranking, followed by the Czech Republic (38M litres), Greece (36M litres), Spain (30M litres), the Netherlands (28M litres) and France (26M litres). All these countries together held approx. 54% 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 Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($303M) remains the largest vinegar supplier in the European Union, comprising 58% of total vinegar exports. The second position in the ranking was occupied by Spain ($45M), with a 8.7% share of total exports. It was followed by Germany, with a 7.1% share.

Export Prices by Country

In 2018, the vinegar export price in the European Union amounted to $1,273 per thousand litres, going up by 6.5% against the previous year. In general, the vinegar export price continues to indicate a relatively flat trend pattern. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Italy ($2,432 per thousand litres), while the Czech Republic ($325 per thousand litres) was amongst the lowest.

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

Imports in the EU

The imports stood at 306M litres in 2018, growing by 4% against the previous year. The total import volume increased at an average annual rate of +4.0% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. In value terms, vinegar imports totaled $349M (IndexBox estimates) in 2018.

Imports by Country

Germany (60M litres) and Italy (58M litres) represented roughly 39% of total imports of vinegar in 2018. The UK (32M litres) held a 10% share (based on tonnes) of total imports, which put it in second place, followed by France (8.6%), the Netherlands (6.5%) and Hungary (4.5%). The Czech Republic (12M litres), Austria (12M litres), Poland (10M litres), Sweden (9.1M litres), Spain (8.9M litres) and Belgium (7.9M litres) held a minor share 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 Hungary, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($86M), the UK ($53M) and France ($52M) were the countries with the highest levels of imports in 2018, with a combined 55% share of total imports. Italy, the Netherlands, Spain, Austria, Belgium, Sweden, the Czech Republic, Poland and Hungary lagged somewhat behind, together accounting for a further 35%.

Import Prices by Country

In 2018, the vinegar import price in the European Union amounted to $1,142 per thousand litres, jumping by 13% against the previous year. Over the period under review, the vinegar import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018, an increase of 13% y-o-y. Over the period under review, the import prices for vinegar attained their peak figure at $1,186 per thousand litres in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

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 ($1,956 per thousand litres), while Hungary ($331 per thousand litres) was amongst the lowest.

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

Source: IndexBox AI Platform