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EU Salt Pork Market Is Estimated at $5.2B

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Archives, Global Trade Daily, Imports/Exports

EU Salt Pork Market Is Estimated at $5.2B

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IndexBox has just published a new report: ‘EU – Pig Meat Salted (Salted, In Brine, Dried Or Smoked) – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The market size for preserved pork in the European Union is estimated at $5.2B (2018), an increase of 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Over the period under review, preserved pork consumption, however, continues to indicate a temperate setback. The growth pace was the most rapid in 2013 with an increase of 5.6% against the previous year. The level of preserved pork consumption peaked at $6.8B in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Consumption By Country in the EU

The UK (419K tonnes) constituted the country with the largest volume of preserved pork consumption, accounting for 39% of total consumption. Moreover, preserved pork consumption in the UK exceeded the figures recorded by the region’s second-largest consumer, Germany (116K tonnes), fourfold. The third position in this ranking was occupied by Italy (94K tonnes), with a 8.8% share.

From 2008 to 2018, the average annual growth rate of volume in the UK totaled -2.7%. In the other countries, the average annual rates were as follows: Germany (-5.0% per year) and Italy (+6.8% per year).

In value terms, the UK ($1.9B) led the market, alone. The second position in the ranking was occupied by France ($748M). It was followed by Germany.

The countries with the highest levels of preserved pork per capita consumption in 2018 were Ireland (12,561 kg per 1000 persons), the UK (6,284 kg per 1000 persons) and Romania (2,789 kg per 1000 persons).

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

Production in the EU

In 2018, the amount of pig meat salted (salted, in brine, dried or smoked) produced in the European Union totaled 1.1M tonnes, remaining constant against the previous year. Over the period under review, preserved pork production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of 11% y-o-y. In that year, preserved pork production attained its peak volume of 1.3M tonnes. From 2010 to 2018, preserved pork production growth remained at a somewhat lower figure.

In value terms, preserved pork production stood at $4.8B in 2018 estimated in export prices. Overall, preserved pork production, however, continues to indicate a measured setback. The most prominent rate of growth was recorded in 2013 with an increase of 6.8% year-to-year. The level of preserved pork production peaked at $6.4B in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Production By Country in the EU

The countries with the highest volumes of preserved pork production in 2018 were the UK (247K tonnes), Germany (151K tonnes) and Italy (141K tonnes), with a combined 48% share of total production.

From 2008 to 2018, the most notable rate of growth in terms of preserved pork production, amongst the main producing countries, was attained by Italy, while the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the preserved pork exports in the European Union totaled 398K tonnes, stabilizing at the previous year. In general, preserved pork exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 5.7% y-o-y. The volume of exports peaked at 423K tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, preserved pork exports totaled $2.2B (IndexBox estimates) in 2018. Over the period under review, preserved pork exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2011 when exports increased by 8.1% year-to-year. The level of exports peaked at $2.4B in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, the Netherlands (98K tonnes), distantly followed by Italy (60K tonnes), Germany (58K tonnes), Denmark (55K tonnes), Spain (50K tonnes), Poland (31K tonnes) and the UK (18K tonnes) were the major exporters of pig meat salted (salted, in brine, dried or smoked), together committing 93% 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, Italy ($648M), Spain ($423M) and the Netherlands ($292M) constituted the countries with the highest levels of exports in 2018, with a combined 63% share of total exports.

Spain experienced 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

In 2018, the preserved pork export price in the European Union amounted to $5,399 per tonne, remaining relatively unchanged against the previous year. Overall, the preserved pork export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 6.7% y-o-y. Over the period under review, the export prices for pig meat salted (salted, in brine, dried or smoked) attained their peak figure at $6,151 per tonne in 2014; however, from 2015 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 Italy ($10,792 per tonne), while Denmark ($2,876 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced a decline in the export price figures.

Imports in the EU

In 2018, the amount of pig meat salted (salted, in brine, dried or smoked) imported in the European Union totaled 339K tonnes, going up by 1.9% against the previous year. Over the period under review, preserved pork imports, however, continue to indicate a temperate slump. The pace of growth was the most pronounced in 2010 with an increase of 48% y-o-y. In that year, preserved pork imports attained their peak of 433K tonnes. From 2011 to 2018, the growth of preserved pork imports remained at a somewhat lower figure.

In value terms, preserved pork imports stood at $1.8B (IndexBox estimates) in 2018. In general, preserved pork imports, however, continue to indicate a temperate setback. The growth pace was the most rapid in 2013 with an increase of 10% against the previous year. The level of imports peaked at $2.3B in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The UK prevails in preserved pork imports structure, accounting for 190K tonnes, which was approx. 56% of total imports in 2018. France (34K tonnes) ranks second in terms of the total imports with a 10% share, followed by Germany (7%) and Ireland (4.9%). The following importers – Italy (13,638 tonnes), Austria (8,514 tonnes), Denmark (8,242 tonnes), Belgium (8,025 tonnes) and the Netherlands (5,643 tonnes) – together made up 13% of total imports.

From 2008 to 2018, average annual rates of growth with regard to preserved pork imports into the UK stood at -4.0%. At the same time, Austria (+9.6%), France (+3.5%), Germany (+3.0%), Italy (+2.3%) and Ireland (+2.2%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer in the European Union, with a CAGR of +9.6% from 2008-2018. By contrast, Belgium (-1.6%), Denmark (-5.5%) and the Netherlands (-8.0%) illustrated a downward trend over the same period. France (+2.9 p.p.), Germany (+1.8 p.p.) and Austria (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Denmark, the Netherlands and the UK saw its share reduced by -1.9%, -2.2% and -27.9% from 2008 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($634M) constitutes the largest market for imported pig meat salted (salted, in brine, dried or smoked) in the European Union, comprising 36% of total preserved pork imports. The second position in the ranking was occupied by France ($280M), with a 16% share of total imports. It was followed by Germany, with a 14% share.

In the UK, preserved pork imports shrank by an average annual rate of -6.5% over the period from 2008-2018. The remaining importing countries recorded the following average annual rates of imports growth: France (+1.7% per year) and Germany (+1.6% per year).

Import Prices by Country

In 2018, the preserved pork import price in the European Union amounted to $5,220 per tonne, jumping by 2.5% against the previous year. Overall, the preserved pork import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of 22% against the previous year. In that year, the import prices for pig meat salted (salted, in brine, dried or smoked) reached their peak level of $6,609 per tonne. From 2010 to 2018, the growth in terms of the import prices for pig meat salted (salted, in brine, dried or smoked) remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($11,387 per tonne), while the UK ($3,331 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Goods
Archives, EU Trade, Global Trade Daily

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

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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

Archives, Global Trade Daily, Imports/Exports

Wood Kitchenware And Tableware Market in the EU – A Ban on Single-Use Plastics Drives Demand for Wooden Products

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

The European parliament has voted to ban single-use plastic cutlery, cotton buds, straws and stirrers as part of a sweeping law against plastic waste that despoils beaches and pollutes oceans. The vote by MEPs paves the way for a ban on single-use plastics to come into force by 2021 in all EU member states.

Against this background, there is an increase in the consumption of wooden cutlery and tableware instead of disposable plastic ones. Growing demand is supported by both expanding domestic production and accelerated growth in imports.

Imports in the EU

In 2018, the wood kitchenware and tableware imports in the European Union amounted to 117K tonnes, surging by 3.3% against the previous year. The total import volume increased at an average annual rate of +1.2% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2014 with an increase of 14% against the previous year. Over the period under review, wood kitchenware and tableware imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, wood kitchenware and tableware imports totaled $528M (IndexBox estimates) in 2018. The total imports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wood kitchenware and tableware imports increased by +18.6% against 2014 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 24% y-o-y. The level of imports peaked in 2018 and are likely to continue their growth in the near future.

Imports by Country

In 2018, Germany (26K tonnes), distantly followed by the UK (17K tonnes), France (15K tonnes), the Netherlands (14K tonnes), Italy (8.5K tonnes) and Belgium (6.8K tonnes) were the major importers of tableware and kitchenware of wood, together making up 75% of total imports. The following importers – Poland (4,740 tonnes), Sweden (3,802 tonnes), the Czech Republic (3,462 tonnes), Denmark (2,749 tonnes), Spain (2,325 tonnes) and Portugal (2,265 tonnes) – together made up 17% 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 the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest wood kitchenware and tableware importing markets in the European Union were Germany ($112M), the UK ($78M) and France ($72M), together accounting for 50% of total imports. These countries were followed by the Netherlands, Italy, Belgium, Sweden, Denmark, Poland, Spain, Portugal and the Czech Republic, which together accounted for a further 41%.

The Netherlands recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the wood kitchenware and tableware import price in the European Union amounted to $4,518 per tonne, picking up by 8.2% against the previous year. Over the last eleven years, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2011 an increase of 10% y-o-y. The level of import price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($6,814 per tonne), while the Czech Republic ($2,322 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.

Exports in the EU

In 2018, approx. 42K tonnes of tableware and kitchenware of wood were exported in the European Union; lowering by -5.4% against the previous year. In general, wood kitchenware and tableware exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 21% against the previous year. Over the period under review, wood kitchenware and tableware exports reached their peak figure at 49K tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, wood kitchenware and tableware exports totaled $223M (IndexBox estimates) in 2018. The total exports indicated a tangible expansion from 2007 to 2018: its value increased at an average annual rate of +0.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wood kitchenware and tableware exports decreased by -6.0% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of 23% year-to-year. Over the period under review, wood kitchenware and tableware exports reached their peak figure at $238M in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Germany (8,014 tonnes), the Netherlands (6,656 tonnes) and Romania (5,687 tonnes) were the major exporters of tableware and kitchenware of wood in the European Union, generating 48% of total export. Poland (3,622 tonnes) held an 8.6% share (based on tonnes) of total exports, which put it in second place, followed by Italy (6.2%) and Belgium (5%). Spain (1,844 tonnes), Slovenia (1,652 tonnes), France (1,602 tonnes), Portugal (1,491 tonnes), the Czech Republic (1,276 tonnes) and Sweden (1,206 tonnes) held a little 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 Slovenia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($39M), the Netherlands ($34M) and Italy ($22M) appeared to be the countries with the highest levels of exports in 2018, together comprising 42% of total exports.

Among the main exporting countries, the Netherlands experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wood kitchenware and tableware export price in the European Union amounted to $5,306 per tonne, therefore, remained relatively stable against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2011 an increase of 12% against the previous year. Over the period under review, the export prices for tableware and kitchenware of wood attained their peak figure in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($8,408 per tonne), while Romania ($2,803 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

jersey
Archives, Global Trade Daily, Imports/Exports

EU Jersey Market – Consumption Posted Solid Gains, Reaching $26B

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

The revenue of the jersey market in the European Union amounted to $26.1B in 2018, growing by 9.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, jersey consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by 18% y-o-y. In that year, the jersey market attained its peak level of $28.9B. From 2009 to 2018, the growth of the jersey market remained at a lower figure.

Production in the EU

In 2018, approx. 229M units of jerseys, pullovers, cardigans and similar articles were produced in the European Union; lowering by -3.2% against the previous year. Over the period under review, jersey production continues to indicate a deep curtailment. The growth pace was the most rapid in 2017 with an increase of 10% year-to-year. The volume of jersey production peaked at 398M units in 2007; however, from 2008 to 2018, production remained at a lower figure.

In value terms, jersey production amounted to $4.3B in 2018 estimated in export prices. In general, jersey production continues to indicate a drastic contraction. The pace of growth appeared the most rapid in 2017 with an increase of 17% y-o-y. Over the period under review, jersey production reached its maximum level at $7.8B in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports in the EU

In 2018, approx. 1B units of jerseys, pullovers, cardigans and similar articles were exported in the European Union; picking up by 2.9% against the previous year. The total export volume increased at an average annual rate of +2.8% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when Exports increased by 23% year-to-year. The volume of exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, jersey exports totaled $13.3B in 2018. The total export value increased at an average annual rate of +2.0% from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2017 when Exports increased by 15% year-to-year. In that year, jersey exports reached their peak of $13.5B, and then declined slightly in the following year.

Exports by Country

In 2018, Germany (215M units), distantly followed by Belgium (120M units), Italy (119M units), Spain (102M units), France (85M units), the Netherlands (70M units), Poland (68M units) and Denmark (64M units) were the main exporters of jerseys, pullovers, cardigans and similar articles, together generating 81% 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($3.2B), Germany ($2.7B) and France ($1.4B) appeared to be the countries with the highest levels of exports in 2018, with a combined 55% share of total exports. Belgium, Spain, Poland, Denmark and the Netherlands lagged somewhat behind, together comprising a further 29%.

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

Export Prices by Country

The jersey export price in the European Union stood at $13 per unit in 2018, lowering by -4.4% against the previous year. Over the period under review, the jersey export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by 17% against the previous year. The level of export price peaked at $15 per unit in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($27 per unit), while Spain ($6.9 per unit) 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 more modest paces of growth.

Imports in the EU

In 2018, approx. 2.7B units of jerseys, pullovers, cardigans and similar articles were imported in the European Union; growing by 7.3% against the previous year. The total import volume increased at an average annual rate of +2.9% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when Imports increased by 16% year-to-year. The volume of imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, jersey imports stood at $22.6B in 2018. The total import value increased at an average annual rate of +1.9% from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when Imports increased by 19% y-o-y. The level of imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

Germany (598M units) and the UK (473M units) represented roughly 40% of total imports of jerseys, pullovers, cardigans and similar articles in 2018. France (305M units) ranks next in terms of the total imports with a 11% share, followed by Italy (9.6%), the Netherlands (6.6%), Spain (4.8%), Belgium (4.6%) and Poland (4.6%).

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, Germany ($5B), France ($3.2B) and the UK ($3.2B) constituted the countries with the highest levels of imports in 2018, with a combined 50% share of total imports. Italy, the Netherlands, Spain, Belgium and Poland lagged somewhat behind, together accounting for a further 32%.

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

Import Prices by Country

The jersey import price in the European Union stood at $8,501 per thousand units in 2018, coming down by -1.7% against the previous year. Overall, the jersey import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of 12% y-o-y. In that year, the import prices for jerseys, pullovers, cardigans and similar articles reached their peak level of $10,568 per thousand units. From 2012 to 2018, the growth in terms of the import prices for jerseys, pullovers, cardigans and similar articles failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($10,555 per thousand units), while the UK ($6,731 per thousand units) 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 more modest paces of growth.

Source: IndexBox AI Platform

technical textiles textile
Archives, Global Trade Daily, Imports/Exports

Technical Textiles Market in the EU – Poland Emerges as the Fastest-growing Exporter

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IndexBox has just published a new report: ‘EU – Textile Products And Articles For Technical Uses – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the technical textiles market in the European Union amounted to $1.6B in 2018, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Overall, technical textiles consumption continues to indicate a slight descent. The pace of growth was the most pronounced in 2016 when the market value increased by 6.6% year-to-year. Over the period under review, the technical textiles market attained its maximum level at $1.9B in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country in the EU

The countries with the highest volumes of technical textiles consumption in 2018 were the UK (19K tonnes), Germany (12K tonnes) and France (12K tonnes), together accounting for 36% of total consumption. These countries were followed by Italy, the Netherlands, Spain, the Czech Republic, Romania, Poland, Sweden, Belgium and Portugal, which together accounted for a further 47%.

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

In value terms, the largest technical textiles markets in the European Union were Germany ($311M), France ($248M) and the UK ($170M), with a combined 47% share of the total market. Sweden, Italy, the Czech Republic, Romania, the Netherlands, Belgium, Poland, Spain and Portugal lagged somewhat behind, together comprising a further 27%.

The countries with the highest levels of technical textiles per capita consumption in 2018 were the Netherlands (582 kg per 1000 persons), the Czech Republic (536 kg per 1000 persons) and Sweden (415 kg per 1000 persons).

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

Market Forecast 2019-2025 in the EU

Driven by increasing demand for technical textiles in the European Union, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.2% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 121K tonnes by the end of 2025.

Production in the EU

In 2018, technical textiles production in the European Union stood at 140K tonnes, reducing by -3.2% against the previous year. The total output volume increased at an average annual rate of +1.9% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of 15% against the previous year. The volume of technical textiles production peaked at 161K tonnes in 2011; however, from 2012 to 2018, production remained at a lower figure.

In value terms, technical textiles production totaled $1.9B in 2018 estimated in export prices. Overall, technical textiles production, however, continues to indicate a mild deduction. The most prominent rate of growth was recorded in 2016 with an increase of 3.8% y-o-y. The level of technical textiles production peaked at $2.3B in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Production By Country in the EU

The countries with the highest volumes of technical textiles production in 2018 were Germany (32K tonnes), Italy (18K tonnes) and the UK (15K tonnes), with a combined 47% share of total production. These countries were followed by the Netherlands, Spain, Belgium, France, the Czech Republic, Sweden, Poland, Hungary and Romania, which together accounted for a further 43%.

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

Exports in the EU

In 2018, the amount of textile products and articles for technical uses exported in the European Union stood at 138K tonnes, declining by -5.6% against the previous year. The total export volume increased at an average annual rate of +1.5% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 when exports increased by 30% year-to-year. The volume of exports peaked at 152K tonnes in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, technical textiles exports amounted to $2.8B (IndexBox estimates) in 2018. In general, technical textiles exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of 14% year-to-year. Over the period under review, technical textiles exports reached their peak figure at $2.9B in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

Germany represented the major exporting country with an export of about 41K tonnes, which amounted to 30% of total exports. It was distantly followed by Italy (18K tonnes), the Netherlands (9.6K tonnes), Belgium (9.6K tonnes), Poland (8.4K tonnes), the Czech Republic (7K tonnes), Spain (6.9K tonnes) and France (6.5K tonnes), together mixing up a 48% share of total exports. The following exporters – the UK (5.8K tonnes), Sweden (4.2K tonnes), Austria (3.8K tonnes) and Slovakia (3K tonnes) – together made up 12% of total exports.

Exports from Germany increased at an average annual rate of +2.4% from 2007 to 2018. At the same time, Poland (+11.3%), the Czech Republic (+7.9%), Slovakia (+6.6%), the Netherlands (+5.5%) and Italy (+2.5%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter in the European Union, with a CAGR of +11.3% from 2007-2018. Sweden, France and Austria experienced a relatively flat trend pattern. By contrast, Belgium (-1.8%), Spain (-4.7%) and the UK (-5.7%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany, Poland, Italy, the Netherlands and the Czech Republic increased by +6.7%, +4.2%, +3.1%, +3.1% and +2.9% percentage points, while Belgium (-1.6 p.p.), Spain (-3.5 p.p.) and the UK (-3.9 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($1B) remains the largest technical textiles supplier in the European Union, comprising 37% of total technical textiles exports. The second position in the ranking was occupied by Italy ($297M), with a 10% share of total exports. It was followed by France, with a 5.9% share.

In Germany, technical textiles exports expanded at an average annual rate of +1.2% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+1.1% per year) and France (-1.6% per year).

Export Prices by Country

The technical textiles export price in the European Union stood at $21 per kg in 2018, jumping by 12% against the previous year. Overall, the technical textiles export price, however, continues to indicate a slight downturn. The growth pace was the most rapid in 2018 when the export price increased by 12% year-to-year. Over the period under review, the export prices for textile products and articles for technical uses attained their peak figure at $23 per kg in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Austria ($36 per kg), while Spain ($13 per kg) 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, technical textiles imports in the European Union amounted to 116K tonnes, dropping by -2.9% against the previous year. The total import volume increased at an average annual rate of +1.0% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2010 when imports increased by 19% y-o-y. The volume of imports peaked at 120K tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, technical textiles imports totaled $2.1B (IndexBox estimates) in 2018. The total import value 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. The pace of growth was the most pronounced in 2011 with an increase of 16% y-o-y. Over the period under review, technical textiles imports reached their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Germany (21K tonnes), distantly followed by Italy (12K tonnes), France (11K tonnes), the Netherlands (10K tonnes), the UK (9.1K tonnes), Poland (7.5K tonnes), the Czech Republic (5.7K tonnes) and Spain (5.4K tonnes) represented the major importers of textile products and articles for technical uses, together creating 70% of total imports. The following importers – Belgium (4.5K tonnes), Romania (3.9K tonnes), Austria (3.1K tonnes) and Sweden (3K tonnes) – together made up 12% 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 the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($497M) constitutes the largest market for imported textile products and articles for technical uses in the European Union, comprising 24% of total technical textiles imports. The second position in the ranking was occupied by France ($223M), with a 11% share of total imports. It was followed by the Netherlands, with a 8.9% share.

In Germany, technical textiles imports increased at an average annual rate of +1.3% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (+1.5% per year) and the Netherlands (+7.6% per year).

Import Prices by Country

The technical textiles import price in the European Union stood at $18 per kg in 2018, jumping by 9.9% against the previous year. Overall, the technical textiles import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of 15% year-to-year. The level of import price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($24 per kg), while Romania ($11 per kg) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

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

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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

frozen fruit
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European Frozen Fruit Market Posted Sixth Consecutive Year of Growth and Reached $5.3B in 2018

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

The revenue of the frozen fruit market in the European Union amounted to $5.3B in 2018, increasing by 2.3% 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 +3.0% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010, with an increase of 10% y-o-y. Over the period under review, the frozen fruit market attained its maximum level in 2018, and is expected to retain its growth in the immediate term.

Production in the EU

In 2018, approx. 1.3M tonnes of frozen fruits were produced in the European Union; lowering by -2.8% against the previous year.

Exports in the EU

In 2018, frozen fruit exports in the European Union amounted to 783K tonnes, declining by -4.1% against the previous year. The total export volume increased at an average annual rate of +1.1% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, frozen fruit exports stood at $1.6B (IndexBox estimates) in 2018.

Exports by Country

Poland represented the major exporting country with an export of around 272K tonnes, which resulted at 35% of total exports. The Netherlands (117K tonnes) occupied the second position in the ranking, followed by Belgium (73K tonnes), Spain (65K tonnes) and Germany (48K tonnes). All these countries together occupied near 39% share of total exports. Italy (32K tonnes), Greece (29K tonnes), France (20K tonnes), Sweden (17K tonnes), Bulgaria (15K tonnes) and the UK (12K tonnes) took a relatively small share of total exports.

Poland experienced a relatively flat trend pattern of frozen fruits exports. At the same time, the Netherlands (+4.3%), Bulgaria (+4.2%), Spain (+4.1%), the UK (+3.6%), Germany (+3.6%), Italy (+2.9%), Sweden (+2.6%) and France (+1.8%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing exporter in the European Union, with a CAGR of +4.3% from 2007-2018. Belgium and Greece experienced a relatively flat trend pattern. From 2007 to 2018, the share of Germany, Spain and the Netherlands decreased by -1.9%, -3% and -5.5% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($489M) remains the largest frozen fruit supplier in the European Union, comprising 31% of total frozen fruit exports. The second position in the ranking was occupied by the Netherlands ($226M), with a 14% share of total exports. It was followed by Belgium, with a 9.8% share.

Export Prices by Country

In 2018, the frozen fruit export price in the European Union amounted to $2,009 per tonne, growing by 6.7% against the previous year. Over the period under review, the frozen fruit 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 Sweden ($2,908 per tonne), while Greece ($1,588 per tonne) 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

In 2018, approx. 1.2M tonnes of frozen fruits were imported in the European Union; remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +1.3% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. In value terms, frozen fruit imports amounted to $2.4B (IndexBox estimates) in 2018.

Imports by Country

In 2018, Germany (323K tonnes), distantly followed by France (183K tonnes), the Netherlands (122K tonnes), Belgium (119K tonnes), Poland (98K tonnes) and the UK (79K tonnes) were the key importers of frozen fruits, together constituting 77% of total imports. The following importers – Italy (47K tonnes), Austria (46K tonnes), Sweden (37K tonnes), the Czech Republic (23K tonnes), Denmark (20K tonnes) and Lithuania (18K tonnes) – together made up 16% 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 the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit importing markets in the European Union were Germany ($566M), France ($382M) and Belgium ($233M), with a combined 49% share of total imports. The Netherlands, Poland, the UK, Austria, Italy, Sweden, Denmark, the Czech Republic and Lithuania lagged somewhat behind, together accounting for a further 42%.

Import Prices by Country

In 2018, the frozen fruit import price in the European Union amounted to $1,984 per tonne, jumping by 6.2% against the previous year. Over the period under review, the frozen fruit import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of 23% y-o-y. Over the period under review, the import prices for frozen fruits reached their maximum at $2,218 per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($2,638 per tonne), while Germany ($1,752 per tonne) 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

Archives, Global Trade Daily, Imports/Exports

EU Chewing Gum Market | Mondelez International Inc., Mars, Tootsie Roll Industries Inc.

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

The revenue of the chewing gum market in the European Union amounted to $117M in 2017, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Over the last decade, chewing gum 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 17% against the previous year. In that year, the chewing gum market reached its peak level of $148M. From 2009 to 2017, the growth of the chewing gum market failed to regain its momentum.

Production in the EU

In 2017, chewing gum production in the European Union totaled 15K tonnes, approximately reflecting the previous year.

Exports in the EU

In 2017, the amount of chewing gum exported in the European Union totaled 28K tonnes, coming down by -2.6% against the previous year. Over the period under review, chewing gum exports continue to indicate a perceptible reduction.

In value terms, chewing gum exports amounted to $183M (IndexBox estimates) in 2017.

Exports by Country

Spain (5.1K tonnes), the Netherlands (5K tonnes), France (4.7K tonnes) and the UK (3.4K tonnes) represented roughly 65% of total exports of chewing gum in 2017. It was distantly followed by Germany (2.2K tonnes), making up 7.7% share of total exports. Portugal (943 tonnes), Belgium (912 tonnes), Italy (761 tonnes), Poland (715 tonnes), Romania (676 tonnes), Denmark (649 tonnes) and Greece (525 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 Romania, while the other leaders experienced mixed trends in the exports figures.

In value terms, the Netherlands ($39M), France ($38M) and Spain ($23M) were the countries with the highest levels of exports in 2017, together comprising 55% of total exports. These countries were followed by the UK, Germany, Poland, Italy, Belgium, Romania, Portugal, Greece and Denmark, which together accounted for a further 36%.

Export Prices by Country

The chewing gum export price in the European Union stood at $6.5 per kg in 2017, increasing by 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was France ($8,025 per tonne), while Portugal ($3,895 per tonne) was amongst the lowest.

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

Imports in the EU

In 2017, imports of chewing gum in the European Union totaled 36K tonnes, coming down by -3.8% against the previous year.

In value terms, chewing gum imports totaled $183M (IndexBox estimates) in 2017. In general, chewing gum imports continue to indicate a measured reduction. The level of imports peaked at $251M in 2008; however, from 2009 to 2017, imports failed to regain their momentum.

Imports by Country

In 2017, Germany (9K tonnes), distantly followed by the Netherlands (4.8K tonnes), Spain (3.4K tonnes), the UK (2.7K tonnes), Belgium (2.3K tonnes) and France (1.9K tonnes) were the key importers of chewing gum, together creating 67% of total imports. Romania (1.3K tonnes), Poland (1.2K tonnes), Italy (1.2K tonnes), Denmark (897 tonnes), the Czech Republic (821 tonnes) and Sweden (771 tonnes) took a minor share 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 Spain, while the other leaders experienced mixed trends in the imports figures.

In value terms, Germany ($49M) constitutes the largest market for imported chewing gum in the European Union, comprising 27% of total chewing gum imports. The second position in the ranking was occupied by the Netherlands ($23M), with a 13% share of total imports. It was followed by Spain, with a 8.4% share.

Import Prices by Country

In 2017, the chewing gum import price in the European Union amounted to $5.1 per kg, approximately reflecting the previous year. Over the period under review, the chewing gum import price, however, continues to indicate a relatively flat trend pattern.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the Czech Republic ($6,141 per tonne) and Belgium ($5,452 per tonne), while Romania ($4,197 per tonne) and Spain ($4,539 per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Romania, 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

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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

Report: Baby Food Market in the EU

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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