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Turkey Meat Market in the U.S. Remains Robust

turkey

Turkey Meat Market in the U.S. Remains Robust

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

The revenue of the turkey meat market in the U.S. amounted to $4.8B in 2018, growing by 6.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.0% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 14% against the previous year. In that year, the turkey meat market reached its peak level of $5.2B. From 2016 to 2018, the growth of the turkey meat market remained at a somewhat lower figure.

Production in the U.S.

In 2018, the production of turkey meat in the U.S. totaled 2.7M tonnes, stabilizing at the previous year. In general, turkey meat production continues to indicate a relatively flat trend pattern, which is largely conditioned by the stability in the demand for turkey meat in the U.S. In terms of supply, the stability of turkey meat output is feasible due to the number of producing animals which remains relatively stable, but the yield figures experiencing a modest growth.

Producing Animals in the U.S.

In 2018, the number of animals slaughtered for turkey meat production in the U.S. amounted to 239M heads, approximately mirroring the previous year. Overall, the number of animals slaughtered for turkey meat production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 4.7% year-to-year.

Yield in the U.S.

In 2018, the average turkey meat yield in the U.S. stood at 11 kg per head, remaining relatively unchanged against the previous year. Over the period under review, the turkey meat yield continues to indicate a modest increase. The growth pace was the most rapid in 2008 with an increase of 2.5% y-o-y. Over the period under review, the average turkey meat yield reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Exports from the U.S.

In 2018, approx. 219K tonnes of turkey meat were exported from the U.S.; waning by -5.2% against the previous year. In general, after contracting in 2015, turkey meat exports continue to indicate a relatively flat trend pattern over the last four years.

In value terms, turkey meat exports totaled $419M (IndexBox estimates) in 2018.

Exports by Country

Mexico (110K tonnes) was the main destination for turkey meat exports from the U.S., accounting for a 50% share of total exports. Moreover, turkey meat exports to Mexico exceeded the volume sent to the second major destination, China (26K tonnes), fourfold. China, Hong Kong SAR (13K tonnes) ranked third in terms of total exports with a 5.7% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Mexico totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+2.2% per year) and China, Hong Kong SAR (+5.9% per year).

Export Prices by Country

The average turkey meat export price stood at $1,911 per tonne in 2018, growing by 6% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2015 when the average export price increased by 11% against the previous year. In that year, the average export prices for turkey meat reached their peak level of $2,194 per tonne. From 2016 to 2018, the growth in terms of the average export prices for turkey meat remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($2,572 per tonne), while the average price for exports to Haiti ($784 per tonne) was amongst the lowest.

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

Imports into the U.S.

In 2018, the turkey meat imports into the U.S. totaled 8.5K tonnes, coming down by -21.4% against the previous year. In value terms, turkey meat imports totaled $27M (IndexBox estimates) in 2018. In general, turkey meat imports remain insignificant against the overall market size, thanks to the well established domestic turkey meat industry.

Imports by Country

Canada (4.2K tonnes), Chile (3.5K tonnes) and Israel (643 tonnes) were the main suppliers of turkey meat imports to the U.S., together comprising 99% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile, while the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2018, the average turkey meat import price amounted to $3,233 per tonne, increasing by 20% against the previous year. Over the period under review, the turkey meat import price continues to indicate a resilient increase.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($5,288 per tonne), while the price for Canada ($2,730 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

European Chicken Meat Market Posted Solid Gains in 2018

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

The revenue of the chicken meat market in the European Union amounted to $19.5B in 2018, rising 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 +1.6% 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 2018, with an increase of 13% against the previous year. Over the period under review, the chicken meat market reached its maximum level at $19.6B in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Production in the EU

In 2018, the amount of chicken meat produced in the European Union amounted to 13M tonnes, surging by 3.6% against the previous year. The total output volume increased at an average annual rate of +3.2% 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, when the output figure increased by 8.3% y-o-y. Over the period under review, chicken meat production reached its maximum volume in 2018, and is likely to continue its growth in the near future. The general positive trend in terms of chicken meat output was largely conditioned by a noticeable increase of the number of producing animals and a relatively flat trend pattern in yield figures.

Exports in the EU

In 2018, chicken meat exports in the European Union stood at 4.9M tonnes, increasing by 4.7% against the previous year. The total exports indicated a strong growth from 2007 to 2018: its volume increased at an average annual rate of +6.4% 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 chicken meat exports increased by +25.5% against 2011 indices. The growth pace was the most rapid in 2011, when exports increased by 21% y-o-y. The volume of exports peaked in 2018, and are likely to see steady growth in the near future.

In value terms, chicken meat exports stood at $8.8B (IndexBox estimates) in 2018. The total exports indicated a remarkable growth from 2007 to 2018: its value increased at an average annual rate of +6.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the chicken meat exports increased by +20.0% against 2016 indices. The pace of growth appeared the most rapid in 2011, with an increase of 27% y-o-y. Over the period under review, chicken meat exports reached their maximum in 2018, and are likely to continue its growth in the near future.

Exports by Country

The Netherlands (1.4M tonnes) and Poland (1.1M tonnes) represented the largest exporters of chicken meat in 2018, amounting to approx. 29% and 22% of total exports, respectively. Belgium (586K tonnes) ranks next in terms of the total exports with a 12% share, followed by France (6.7%), the UK (6.7%) and Germany (6.6%). Spain (123K 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, while the other leaders experienced more modest paces of growth.

In value terms, the largest chicken meat markets in the European Union were the Netherlands ($2.6B), Poland ($2B) and Belgium ($947M), with a combined 64% share of total exports.

Export Prices by Country

The chicken meat export price in the European Union stood at $1,787 per tonne in 2018, increasing by 7.1% against the previous year. In general, the chicken meat export price, however, continues to indicate a mild descent.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Germany ($2,042 per tonne), while the UK ($1,015 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 mixed trends in the export price figures.

Imports in the EU

In 2018, approx. 4.7M tonnes of chicken meat were imported in the European Union; growing by 8.3% against the previous year. The total import volume increased at an average annual rate of +3.1% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011, with an increase of 15% against the previous year. Over the period under review, chicken meat imports reached their peak figure in 2018, and are likely to continue its growth in the immediate term.

In value terms, chicken meat imports stood at $7.6B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +4.3% 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 2011, when imports increased by 22% y-o-y. Over the period under review, chicken meat imports reached their maximum in 2018, and are likely to continue its growth in the immediate term.

Imports by Country

The UK (1M tonnes) and Germany (984K tonnes) represented the key importers of chicken meat in 2018, recording near 22% and 21% of total imports, respectively. The Netherlands (592K tonnes) ranks next in terms of the total imports with a 13% share, followed by France (9.6%) and Belgium (4.6%). The following importers – Ireland (176K tonnes), Sweden (172K tonnes), Spain (115K tonnes), the Czech Republic (100K tonnes), Bulgaria (96K tonnes), Romania (94K tonnes) and Greece (73K tonnes) – together made up 18% 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 Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, the UK ($1.5B), Germany ($1.3B) and France ($1.1B) were the countries with the highest levels of imports in 2018, together comprising 51% of total imports. These countries were followed by the Netherlands, Belgium, Ireland, Spain, the Czech Republic, Sweden, Romania, Greece and Bulgaria, which together accounted for a further 34%.

Import Prices by Country

In 2018, the chicken meat import price in the European Union amounted to $1,633 per tonne, surging by 5.3% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.2%.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($2,371 per tonne), while Sweden ($997 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

orange juice

Global Concentrated Orange Juice Market – Brazil Strengthened Its Position as the World’s Leading Exporter

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

The global concentrated orange juice market revenue amounted to $4B in 2018, growing by 6.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.5% from 2008 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The global concentrated orange juice market peaked in 2018 and is likely to continue its growth in the near future.

Consumption By Country

The countries with the highest volumes of concentrated orange juice consumption in 2018 were Brazil (674K tonnes), the U.S. (656K tonnes) and France (141K tonnes), with a combined 62% share of global consumption. The UK, Belgium, the Netherlands, Japan, Spain and Ireland lagged somewhat behind, together accounting for a further 18%.

From 2008 to 2018, the most notable rate of growth in terms of concentrated orange juice consumption, amongst the main consuming countries, was attained by Japan, while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($1.4B), Brazil ($1.1B) and France ($218M) were the countries with the highest levels of market value in 2018, together accounting for 69% of the global market. These countries were followed by the Netherlands, Belgium, Japan, the UK, Ireland and Spain, which together accounted for a further 16%.

The countries with the highest levels of concentrated orange juice per capita consumption in 2018 were Belgium (8,445 kg per 1000 persons), Ireland (7,486 kg per 1000 persons) and the Netherlands (5,039 kg per 1000 persons).

From 2008 to 2018, the most notable rate of growth in terms of concentrated orange juice per capita consumption, amongst the main consuming countries, was attained by Japan, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by rising demand for concentrated orange juice worldwide, the market is expected to start an upward consumption trend over the next seven years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.6% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 2.5M tonnes by the end of 2025.

Production 2007-2018

In 2018, the amount of concentrated orange juice produced worldwide totaled 2.2M tonnes, rising by 6% against the previous year. The total output volume increased at an average annual rate of +1.8% over the period from 2008 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of 8.3% against the previous year. Over the period under review, global concentrated orange juice production reached its peak figure volume in 2018 and is expected to retain its growth in the immediate term.

In value terms, concentrated orange juice production amounted to $3.4B in 2018 estimated in export prices. In general, the total output indicated a perceptible expansion from 2008 to 2018: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, concentrated orange juice production increased by +19.1% against 2016 indices. The growth pace was the most rapid in 2012 when production volume increased by 53% against the previous year. Over the period under review, global concentrated orange juice production reached its maximum level at $3.5B in 2017, and then declined slightly in the following year.

Production By Country

Brazil (1.1M tonnes) constituted the country with the largest volume of concentrated orange juice production, accounting for 49% of total production. Moreover, concentrated orange juice production in Brazil exceeded the figures recorded by the world’s second-largest producer, the U.S. (413K tonnes), threefold. The third position in this ranking was occupied by Mexico (137K tonnes), with a 6.4% share.

In Brazil, concentrated orange juice production expanded at an average annual rate of +3.1% over the period from 2008-2018. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+0.7% per year) and Mexico (+16.9% per year).

Exports 2007-2018

Global exports totaled 1.3M tonnes in 2018, growing by 16% against the previous year. In general, concentrated orange juice exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 16% y-o-y. Over the period under review, global concentrated orange juice exports attained their peak figure at 1.6M tonnes in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, concentrated orange juice exports amounted to $2B (IndexBox estimates) in 2018. In general, concentrated orange juice exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by 11% y-o-y. The global exports peaked at $2.3B in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Brazil was the largest exporting country with an export of about 381K tonnes, which amounted to 30% of total exports. Belgium (146K tonnes) occupied a 12% share (based on tonnes) of total exports, which put it in second place, followed by the Netherlands (12%), Mexico (11%), Costa Rica (9.4%) and Germany (5.2%). The following exporters – Spain (31K tonnes), South Africa (25K tonnes), the UK (22K tonnes), Thailand (20K tonnes) and the U.S. (20K tonnes) – each finished at a 9.4% share of total exports.

From 2008 to 2018, average annual rates of growth with regard to concentrated orange juice exports from Brazil stood at +1.1%. At the same time, Mexico (+29.4%), Costa Rica (+16.4%), South Africa (+9.4%), the UK (+7.3%) and Thailand (+1.6%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +29.4% from 2008-2018. By contrast, the Netherlands (-1.4%), Germany (-4.0%), the U.S. (-4.0%), Spain (-6.6%) and Belgium (-9.5%) illustrated a downward trend over the same period. From 2008 to 2018, the share of Mexico, Costa Rica and Brazil increased by +9.9%, +7.4% and +3% percentage points, while the Netherlands (-1.7 p.p.), Spain (-2.5 p.p.), Germany (-2.6 p.p.) and Belgium (-19.9 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest concentrated orange juice markets worldwide were Brazil ($706M), Belgium ($418M) and the Netherlands ($358M), together accounting for 74% of global exports. Germany, Costa Rica, Mexico, the U.S., Spain, South Africa, the UK and Thailand lagged somewhat behind, together comprising a further 18%.

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

Export Prices by Country

The average concentrated orange juice export price stood at $1,593 per tonne in 2018, declining by -6.4% against the previous year. Over the period under review, the concentrated orange juice export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of 28% year-to-year. In that year, the average export prices for concentrated orange juice attained their peak level of $1,744 per tonne. From 2012 to 2018, the growth in terms of the average export prices for concentrated orange juice remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($2,855 per tonne), while Mexico ($418 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 global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 1.5M tonnes of concentrated orange juice were imported worldwide; jumping by 17% against the previous year. Over the period under review, concentrated orange juice imports, however, continue to indicate a measured deduction. The pace of growth was the most pronounced in 2018 when imports increased by 17% year-to-year. Over the period under review, global concentrated orange juice imports attained their maximum at 2M tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, concentrated orange juice imports stood at $2.3B (IndexBox estimates) in 2018. In general, concentrated orange juice imports, however, continue to indicate a measured drop. The pace of growth appeared the most rapid in 2011 with an increase of 23% against the previous year. The global imports peaked at $2.8B in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of concentrated orange juice imports in 2018 were the U.S. (263K tonnes), the Netherlands (231K tonnes), Belgium (190K tonnes), France (142K tonnes), the UK (122K tonnes) and Germany (101K tonnes), together amounting to 71% of total import. The following importers – Japan (51K tonnes), Spain (44K tonnes), Ireland (41K tonnes) and Poland (35K tonnes) – together made up 11% 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 Japan, while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($471M), Belgium ($347M) and Germany ($227M) constituted the countries with the highest levels of imports in 2018, with a combined 46% share of global imports. These countries were followed by the UK, France, the U.S., Japan, Spain, Poland and Ireland, which together accounted for a further 37%.

Among the main importing countries, Japan experienced the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average concentrated orange juice import price amounted to $1,523 per tonne, coming down by -6.1% against the previous year. In general, the concentrated orange juice import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by 28% against the previous year. In that year, the average import prices for concentrated orange juice attained their peak level of $1,625 per tonne. From 2012 to 2018, the growth in terms of the average import prices for concentrated orange juice failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($2,496 per tonne), while the U.S. ($450 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 global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

potatoes

UK’s Dependence on Imports of Frozen Potatoes Increases Markedly

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

The revenue of the frozen potato market in the UK amounted to $1.5B in 2018, declining by -2.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, frozen potato consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the frozen potato market reached its maximum level at $1.7B in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Production in the UK

In 2018, approx. 458K tonnes of frozen potatoes were produced in the UK; approximately mirroring the previous year. Overall, frozen potato production continues to indicate a moderate contraction. The pace of growth appeared the most rapid in 2012 when production volume increased by 6.1% against the previous year. In that year, frozen potato production attained its peak volume of 657K tonnes. From 2013 to 2018, frozen potato production growth failed to regain its momentum. In value terms, frozen potato production amounted to $651M in 2018 estimated in export prices.

Imports into the UK

In 2018, the amount of frozen potatoes imported into the UK totaled 663K tonnes which remained relatively stable against the previous year. The total import volume increased at an average annual rate of +4.2% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, frozen potato imports reached their maximum in 2018 and are likely to see steady growth in the near future. In value terms, frozen potato imports amounted to $641M (IndexBox estimates) in 2018.

Imports by Country

The Netherlands (370K tonnes) and Belgium (268K tonnes) constitute the main suppliers of frozen potato imports to the UK, with a combined 96% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Belgium.

In value terms, the Netherlands ($359M) and Belgium ($255M) appeared to be the largest frozen potato suppliers to the UK, together comprising 96% of total imports.

Import Prices by Country

The average frozen potato import price stood at $967 per tonne in 2018, picking up by 5.6% against the previous year. Overall, the frozen potato import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average import prices for frozen potatoes attained their peak figure at $1,094 per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($969 per tonne), while the price for Belgium stood at $954 per tonne. From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium.

Source: IndexBox AI Platform

beet

European Beet-Pulp And Bagasse Market Amounted to $1.8B in 2018

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

The revenue of the beet-pulp and bagasse market in the European Union amounted to $1.8B in 2018, going up by 9.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, beet-pulp and bagasse consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by 20% y-o-y. The level of beet-pulp and bagasse consumption peaked at $2B in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Consumption By Country in the EU

The countries with the highest volumes of beet-pulp and bagasse consumption in 2018 were Germany (2.5M tonnes), the UK (2.2M tonnes) and France (2.1M tonnes), with a combined 44% share of total consumption. These countries were followed by Belgium, Spain, Poland, the Netherlands, Romania, Italy, Sweden, Austria and Hungary, which together accounted for a further 45%.

From 2007 to 2018, the most notable rate of growth in terms of beet-pulp and bagasse consumption, amongst the main consuming countries, was attained by Austria, while the other leaders experienced more modest paces of growth.

In value terms, the largest beet-pulp and bagasse markets in the European Union were the UK ($391M), Spain ($248M) and Germany ($225M), with a combined 47% share of the total market. These countries were followed by France, the Netherlands, Romania, Sweden, Austria, Hungary, Italy, Belgium and Poland, which together accounted for a further 40%.

In 2018, the highest levels of beet-pulp and bagasse per capita consumption was registered in Belgium (131 kg per person), followed by the Netherlands (49 kg per person), Austria (42 kg per person) and Sweden (41 kg per person), while the world average per capita consumption of beet-pulp and bagasse was estimated at 31 kg per person.

From 2007 to 2018, the average annual rate of growth in terms of the beet-pulp and bagasse per capita consumption in Belgium stood at +3.0%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the Netherlands (-2.6% per year) and Austria (+5.5% per year).

Production in the EU

In 2018, approx. 15M tonnes of beet-pulp and bagasse were produced in the European Union; surging by 2% against the previous year. In general, beet-pulp and bagasse production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when production volume increased by 16% y-o-y. The volume of beet-pulp and bagasse production peaked at 16M tonnes in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse production amounted to $1.8B in 2018 estimated in export prices. Over the period under review, beet-pulp and bagasse production, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of 24% year-to-year. In that year, beet-pulp and bagasse production reached its peak level of $2.5B. From 2014 to 2018, beet-pulp and bagasse production growth remained at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of beet-pulp and bagasse production in 2018 were France (2.9M tonnes), Germany (2.5M tonnes) and the UK (1.9M tonnes), with a combined 50% share of total production. These countries were followed by Spain, Belgium, Poland, the Netherlands, Romania, Austria, Sweden, Hungary and Bulgaria, which together accounted for a further 42%.

From 2007 to 2018, the most notable rate of growth in terms of beet-pulp and bagasse production, amongst the main producing countries, was attained by Sweden, while the other leaders experienced more modest paces of growth.

Exports in the EU

The exports totaled 1.7M tonnes in 2018, picking up by 14% against the previous year. The total export volume increased at an average annual rate of +3.2% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009 when exports increased by 18% against the previous year. The volume of exports peaked at 1.9M tonnes in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports amounted to $309M (IndexBox estimates) in 2018. The total exports indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +3.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beet-pulp and bagasse exports increased by +40.7% against 2016 indices. The growth pace was the most rapid in 2018 with an increase of 30% y-o-y. The level of exports peaked at $321M in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

France represented the major exporting country with an export of around 767K tonnes, which accounted for 45% of total exports. Slovenia (159K tonnes) held a 9.3% share (based on tonnes) of total exports, which put it in second place, followed by the Netherlands (8.4%), Belgium (7.6%), the Czech Republic (6.5%), Austria (6.3%) and Germany (6%).

Exports from France increased at an average annual rate of +5.4% from 2007 to 2018. At the same time, Austria (+10.7%), the Czech Republic (+9.6%) and Slovenia (+4.2%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter in the European Union, with a CAGR of +10.7% from 2007-2018. Belgium and the Netherlands experienced a relatively flat trend pattern. By contrast, Germany (-5.0%) illustrated a downward trend over the same period. From 2007 to 2018, the share of France, Austria, the Czech Republic and Slovenia increased by +20%, +4.3%, +4.1% and +3.4% percentage points, while Germany (-4.6 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($153M) remains the largest beet-pulp and bagasse supplier in the European Union, comprising 50% of total beet-pulp and bagasse exports. The second position in the ranking was occupied by Belgium ($28M), with a 9% share of total exports. It was followed by the Netherlands, with a 8.8% share.

In France, beet-pulp and bagasse exports increased at an average annual rate of +8.1% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Belgium (+7.7% per year) and the Netherlands (+1.2% per year).

Export Prices by Country

The beet-pulp and bagasse export price in the European Union stood at $182 per tonne in 2018, going up by 15% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2011 when the export price increased by 32% y-o-y. The level of export price peaked at $192 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 Belgium ($216 per tonne), while Germany ($120 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, approx. 2.9M tonnes of beet-pulp and bagasse were imported in the European Union; surging by 5.1% against the previous year. The total imports indicated a buoyant expansion from 2007 to 2018: its volume increased at an average annual rate of +5.0% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beet-pulp and bagasse imports increased by +18.8% against 2012 indices. The pace of growth appeared the most rapid in 2012 with an increase of 31% year-to-year. The volume of imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, beet-pulp and bagasse imports totaled $509M (IndexBox estimates) in 2018. The total imports indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +5.0% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beet-pulp and bagasse imports increased by +28.3% against 2016 indices. The growth pace was the most rapid in 2011 when imports increased by 36% y-o-y. Over the period under review, beet-pulp and bagasse imports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

The imports of the eight major importers of beet-pulp and bagasse, namely Belgium, Italy, the UK, Latvia, the Netherlands, Ireland, Spain and Denmark, represented more than two-thirds of total import.

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

In value terms, the largest beet-pulp and bagasse importing markets in the European Union were Belgium ($85M), Italy ($75M) and the UK ($63M), together comprising 44% of total imports.

The UK recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The beet-pulp and bagasse import price in the European Union stood at $178 per tonne in 2018, surging by 11% against the previous year. In general, the beet-pulp and bagasse import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the import price increased by 41% year-to-year. Over the period under review, the import prices for beet-pulp and bagasse attained their peak figure at $207 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 the UK ($213 per tonne), while Latvia ($116 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

EU Citrus Fruit Market Reached to $12B in 2018

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

The revenue of the citrus fruit market in the European Union amounted to $12B in 2018, increasing by 2.8% 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).

The market value increased at an average annual rate of +1.2% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years.

The pace of growth was the most pronounced in 2008, with an increase of 22% against the previous year. In that year, the citrus fruit market attained its peak level of $12.7B. From 2009 to 2018, the growth of the citrus fruit market remained at a lower figure.

Production in the EU

The citrus fruit production stood at 11M tonnes in 2018, stabilizing at the previous year. Over the period under review, citrus fruit production continues to indicate a relatively flat trend pattern.

Exports in the EU

In 2018, approx. 4.8M tonnes of citrus fruits were exported in the European Union; coming down by -9.1% against the previous year. Overall, citrus fruit exports continue to indicate a relatively flat trend pattern. In value terms, citrus fruit exports stood at $5.1B (IndexBox estimates) in 2018.

Exports by Country

Spain prevails in citrus fruit exports structure, recording 3.2M tonnes, which was approx. 66% of total exports in 2018. It was distantly followed by Greece (357K tonnes), the Netherlands (296K tonnes) and Italy (252K tonnes), together generating 19% share of total exports. Germany (215K tonnes), Portugal (174K tonnes) and France (105K tonnes) followed a long way behind the leaders.

Exports from Spain decreased at an average annual rate of -1.3% from 2007 to 2018. At the same time, Portugal (+16.9%), Germany (+7.3%), Greece (+3.4%) and France (+2.9%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest growing exporter in the European Union, with a CAGR of +16.9% from 2007-2018. The Netherlands and Italy experienced a relatively flat trend pattern. Spain (10%) significantly strengthened its position in terms of the global exports, while Greece, Germany and Portugal saw its share reduced by -2.3%, -2.4% and -3% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($3.5B) remains the largest citrus fruit supplier in the European Union, comprising 69% of total citrus fruit exports. The second position in the ranking was occupied by the Netherlands ($354M), with a 7% share of total exports. It was followed by Germany, with a 5.3% share.

Export Prices by Country

The citrus fruit export price in the European Union stood at $1,046 per tonne in 2018, picking up by 9% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.3%. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Germany ($1,245 per tonne), while Greece ($557 per tonne) was amongst the lowest.

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

Imports in the EU

The imports stood at 6.7M tonnes in 2018, dropping by -6% against the previous year. Over the period under review, citrus fruit imports, however, continue to indicate a relatively flat trend pattern. In value terms, citrus fruit imports totaled $6.3B (IndexBox estimates) in 2018.

Imports by Country

The countries with the highest levels of citrus fruit imports in 2018 were France (1.2M tonnes), Germany (1.1M tonnes) and the Netherlands (1.1M tonnes), together reaching 51% of total import. The UK (602K tonnes) took the next position in the ranking, followed by Italy (369K tonnes), Poland (357K tonnes) and Spain (349K tonnes). All these countries together took near 25% share of total imports. Romania (269K tonnes), Portugal (183K tonnes), Sweden (160K tonnes), the Czech Republic (145K tonnes) and Belgium (141K tonnes) occupied 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 Portugal, while the other leaders experienced more modest paces of growth.

In value terms, France ($1.2B), Germany ($1.1B) and the Netherlands ($979M) appeared to be the countries with the highest levels of imports in 2018, with a combined 52% share of total imports. These countries were followed by the UK, Italy, Poland, Spain, Romania, Sweden, Belgium, Portugal and the Czech Republic, which together accounted for a further 37%.

Import Prices by Country

The citrus fruit import price in the European Union stood at $933 per tonne in 2018, flattening at the previous year. In general, the citrus fruit import price, however, continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Belgium ($1,135 per tonne), while Romania ($745 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

plantain

Africa’s Plantain Market to Reach Over 30M Tonnes by 2025

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

Consumption By Country in Africa

The countries with the highest volumes of plantain consumption in 2018 were Democratic Republic of the Congo (5.5M tonnes), Cameroon (4.8M tonnes) and Ghana (4.1M tonnes), together comprising 59% of total consumption.

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

The countries with the highest levels of plantain per capita consumption in 2018 were Cameroon (197 kg per person), Ghana (141 kg per person) and Uganda (68 kg per person).

From 2007 to 2018, the most notable rate of growth in terms of plantain per capita consumption, amongst the main consuming countries, was attained by Democratic Republic of the Congo, while the other leaders experienced mixed trends in the per capita consumption figures.

Market Forecast 2019-2025

Driven by increasing demand for plantain in Africa, 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 +2.9% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 30M tonnes by the end of 2025.

Production in Africa

The plantain production stood at 25M tonnes in 2018, picking up by 3.6% against the previous year. The total output volume increased at an average annual rate of +3.0% from 2007 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 2010 when production volume increased by 12% against the previous year. Over the period under review, plantain production attained its peak figure volume in 2018 and is likely to see steady growth in the near future. The general positive trend in terms of plantain output was largely conditioned by a conspicuous increase of the harvested area and a relatively flat trend pattern in yield figures.

Production By Country in Africa

The countries with the highest volumes of plantain production in 2018 were Democratic Republic of the Congo (5.5M tonnes), Cameroon (4.8M tonnes) and Ghana (4.1M tonnes), together comprising 59% of total production.

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

Harvested Area in Africa

The plantain harvested area amounted to 4.2M ha in 2018, growing by 3.7% against the previous year. The harvested area 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 growth pace was the most rapid in 2010 with an increase of 14% against the previous year. Over the period under review, the harvested area dedicated to plantain production reached its peak figure at 4.3M ha in 2015; however, from 2016 to 2018, harvested area stood at a somewhat lower figure.

Yield in Africa

The average plantain yield amounted to 5.8 tonne per ha in 2018, approximately equating the previous year. In general, the plantain yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when yield increased by 1.6% y-o-y. The level of plantain yield peaked at 5.8 tonne per ha in 2009; however, from 2010 to 2018, yield stood at a somewhat lower figure.

Exports in Africa

The exports totaled 99K tonnes in 2018, dropping by -5.8% against the previous year. Overall, plantain exports continue to indicate an abrupt decrease. The growth pace was the most rapid in 2013 when exports increased by 27% year-to-year. The volume of exports peaked at 181K tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, plantain exports amounted to $45M (IndexBox estimates) in 2018. Over the period under review, plantain exports continue to indicate a drastic descent. The pace of growth appeared the most rapid in 2014 when exports increased by 13% year-to-year. The level of exports peaked at $85M in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Mozambique (38K tonnes) and Cote d’Ivoire (26K tonnes) were the main exporters of plantains in Africa, together making up 65% of total exports. It was distantly followed by Sudan (14K tonnes) and South Africa (12K tonnes), together committing a 27% share of total exports. The following exporters – Cameroon (3.2K tonnes) and Ghana (2.9K tonnes) – each accounted for a 6.1% 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 Cote d’Ivoire, while the other leaders experienced more modest paces of growth.

In value terms, the largest plantain markets in Africa were Cote d’Ivoire ($12M), Sudan ($11M) and Mozambique ($11M), together accounting for 76% of total exports.

Sudan experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2018, the plantain export price in Africa amounted to $454 per tonne, growing by 4.8% against the previous year. Overall, the plantain export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 11% year-to-year. Over the period under review, the export prices for plantains attained their maximum at $485 per tonne in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Cameroon ($850 per tonne), while Ghana ($203 per tonne) was amongst the lowest.

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

Imports in Africa

The imports totaled 179K tonnes in 2018, picking up by 11% against the previous year. The total imports indicated a prominent expansion from 2007 to 2018: its volume increased at an average annual rate of +5.5% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plantain imports increased by +20.7% against 2014 indices. The pace of growth appeared the most rapid in 2013 with an increase of 19% year-to-year. Over the period under review, plantain imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, plantain imports totaled $51M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +1.8% 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 2017 with an increase of 11% y-o-y. Over the period under review, plantain imports reached their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

South Africa was the key importing country with an import of about 119K tonnes, which resulted at 66% of total imports. Senegal (29K tonnes) held the second position in the ranking, followed by Mali (17K tonnes). All these countries together took approx. 26% share of total imports. Botswana (5.1K tonnes) and Algeria (3.1K tonnes) occupied a little share of total imports.

Imports into South Africa increased at an average annual rate of +11.5% from 2007 to 2018. At the same time, Senegal (+19.5%) and Mali (+6.1%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer in Africa, with a CAGR of +19.5% from 2007-2018. By contrast, Botswana (-2.5%) and Algeria (-16.8%) illustrated a downward trend over the same period. From 2007 to 2018, the share of South Africa, Senegal and Mali increased by +46%, +14% and +4.6% percentage points, while Algeria (-11.4 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($27M) constitutes the largest market for imported plantains in Africa, comprising 53% of total plantain imports. The second position in the ranking was occupied by Senegal ($13M), with a 25% share of total imports. It was followed by Botswana, with a 6.4% share.

From 2007 to 2018, the average annual rate of growth in terms of value in South Africa totaled +9.2%. The remaining importing countries recorded the following average annual rates of imports growth: Senegal (+22.9% per year) and Botswana (-3.2% per year).

Import Prices by Country

In 2018, the plantain import price in Africa amounted to $284 per tonne, coming down by -1.9% against the previous year. Overall, the plantain import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2015 when the import price increased by 12% year-to-year. The level of import price peaked at $421 per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Algeria ($1,017 per tonne), while Mali ($64 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

cabbage

Global Cabbage Market to Reach 80M Tonnes by 2025

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

The global cabbage market revenue amounted to $39.4B in 2018, dropping by -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 +3.1% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the market value increased by 14% year-to-year. Global cabbage consumption peaked at $43.7B in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Consumption By Country

The country with the largest volume of cabbage consumption was China (33M tonnes), comprising approx. 45% of total consumption. Moreover, cabbage consumption in China exceeded the figures recorded by the world’s second-largest consumer, India (9.2M tonnes), fourfold. The third position in this ranking was occupied by Russia (3.7M tonnes), with a 5.2% share.

From 2007 to 2018, the average annual growth rate of volume in China was relatively modest. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+4.7% per year) and Russia (+2.6% per year).

In value terms, China ($13.9B) led the market, alone. The second position in the ranking was occupied by India ($5.7B). It was followed by Japan.

The countries with the highest levels of cabbage per capita consumption in 2018 were Romania (57 kg per person), South Korea (46 kg per person) and Ukraine (39 kg per person).

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

Market Forecast 2019-2025

Driven by increasing demand for cabbage worldwide, 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 +1.4% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 80M tonnes by the end of 2025.

Production 2007-2018

In 2018, the amount of cabbage and other brassicas produced worldwide stood at 73M tonnes, picking up by 1.7% against the previous year. The total output volume increased at an average annual rate of +1.4% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2011 with an increase of 6.8% against the previous year. Global cabbage production peaked in 2018 and is expected to retain its growth in the near future. The general positive trend in terms of cabbage output was largely conditioned by slight growth of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, cabbage production totaled $40.5B in 2018 estimated in export prices. In general, the total output indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +1.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage production decreased by -11.0% against 2016 indices. The pace of growth appeared the most rapid in 2010 when production volume increased by 26% year-to-year. Global cabbage production peaked at $45.5B in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Production By Country

China (34M tonnes) constituted the country with the largest volume of cabbage production, accounting for 47% of total production. Moreover, cabbage production in China exceeded the figures recorded by the world’s second-largest producer, India (9.2M tonnes), fourfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5% share.

In China, cabbage production expanded at an average annual rate of +1.1% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: India (+4.7% per year) and Russia (+2.9% per year).

Harvested Area 2007-2018

In 2018, approx. 2.5M ha of cabbage and other brassicas were harvested worldwide; therefore, remained relatively stable against the previous year. The harvested area increased at an average annual rate of +1.3% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2011 when harvested area increased by 5.6% against the previous year. Over the period under review, the harvested area dedicated to cabbage production reached its peak figure in 2018 and is likely to see steady growth in the near future.

Yield 2007-2018

In 2018, the global average cabbage yield totaled 29 tonne per ha, approximately reflecting the previous year. Overall, the cabbage yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of 2.2% y-o-y. The global cabbage yield peaked at 29 tonne per ha in 2014; however, from 2015 to 2018, yield stood at a somewhat lower figure.

Exports 2007-2018

In 2018, the global exports of cabbage and other brassicas totaled 2.5M tonnes, surging by 7.2% against the previous year. The total export volume increased at an average annual rate of +3.4% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011 when Exports increased by 16% y-o-y. Over the period under review, global cabbage exports reached their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, cabbage exports amounted to $1.7B in 2018. Over the period under review, the total exports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +3.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage exports increased by +85.8% against 2007 indices. The most prominent rate of growth was recorded in 2011 when Exports increased by 18% against the previous year. Over the period under review, global cabbage exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

China was the largest exporter of cabbage and other brassicas in the world, with the volume of exports reaching 990K tonnes, which was near 39% of total exports in 2018. The U.S. (220K tonnes) ranks second in terms of the total exports with a 8.7% share, followed by the Netherlands (8.3%), Spain (6.2%) and Mexico (5.7%). Canada (85K tonnes), Poland (84K tonnes), Italy (72K tonnes), Germany (66K tonnes) and Macedonia (57K tonnes) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +7.0% from 2007 to 2018. At the same time, Macedonia (+11.5%), Spain (+9.3%), Mexico (+6.1%), Canada (+5.6%) and the Netherlands (+3.1%) displayed positive paces of growth. Moreover, Macedonia emerged as the fastest growing exporter in the world, with a CAGR of +11.5% from 2007-2018. The U.S. and Italy experienced a relatively flat trend pattern. By contrast, Germany (-2.2%) and Poland (-3.7%) illustrated a downward trend over the same period. While the share of China (+21 p.p.), Spain (+3.9 p.p.), Mexico (+2.7 p.p.), the Netherlands (+2.4 p.p.), Macedonia (+1.6 p.p.) and Canada (+1.5 p.p.) increased significantly in terms of the global exports from 2007-2018, 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 largest cabbage markets worldwide were China ($398M), the U.S. ($344M) and the Netherlands ($194M), with a combined 54% share of global exports. Spain, Mexico, Italy, Canada, Poland, Germany and Macedonia lagged somewhat behind, together accounting for a further 32%.

Macedonia recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average cabbage export price amounted to $682 per tonne, coming down by -5.4% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2008 when the average export price increased by 10% against the previous year. The global export price peaked at $722 per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($1,567 per tonne), while Macedonia ($391 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, approx. 2.3M tonnes of cabbage and other brassicas were imported worldwide; dropping by -10.3% against the previous year. The total import volume increased at an average annual rate of +2.4% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2015 with an increase of 24% y-o-y. Over the period under review, global cabbage imports reached their peak figure at 2.6M tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, cabbage imports totaled $1.5B in 2018. Overall, the total imports indicated a conspicuous increase from 2007 to 2018: its value increased at an average annual rate of +2.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, cabbage imports decreased by -12.2% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of 16% against the previous year. Global imports peaked at $1.7B in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China, Hong Kong SAR (546K tonnes), distantly followed by the U.S. (225K tonnes), Canada (189K tonnes), Malaysia (176K tonnes), Russia (113K tonnes), Germany (112K tonnes) and Thailand (105K tonnes) represented the main importers of cabbage and other brassicas, together mixing up 64% of total imports. Singapore (64K tonnes), Japan (60K tonnes), the Czech Republic (53K tonnes), France (50K tonnes) and the UK (42K tonnes) occupied a minor share of total imports.

Imports into China, Hong Kong SAR increased at an average annual rate of +6.3% from 2007 to 2018. At the same time, Thailand (+32.5%), Malaysia (+9.8%), France (+2.5%), the U.S. (+2.2%), Canada (+2.0%) and the Czech Republic (+1.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing importer in the world, with a CAGR of +32.5% from 2007-2018. Singapore experienced a relatively flat trend pattern. By contrast, Japan (-1.2%), Germany (-1.3%), Russia (-3.5%) and the UK (-5.5%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Hong Kong SAR, Malaysia, Thailand, the U.S. and Canada increased by +12%, +4.9%, +4.3%, +2.1% and +1.6% percentage points, while the UK (-1.6 p.p.) and Russia (-2.3 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($302M), China, Hong Kong SAR ($223M) and the U.S. ($167M) were the countries with the highest levels of imports in 2018, with a combined 47% share of global imports. These countries were followed by Germany, Malaysia, France, Thailand, Singapore, the UK, Japan, Russia and the Czech Republic, which together accounted for a further 30%.

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

Import Prices by Country

The average cabbage import price stood at $641 per tonne in 2018, approximately reflecting the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 when the average import price increased by 18% y-o-y. Over the period under review, the average import prices for cabbage and other brassicas attained their maximum at $692 per tonne in 2014; however, from 2015 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 Canada ($1,597 per tonne), while Russia ($315 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

U.S. Poultry Market – Consumption Grows Over the Fourth Consecutive Year

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

The revenue of the poultry market in the U.S. amounted to $24.5B in 2018, remaining stable 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 remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2008 when the market value increased by 19% y-o-y. Poultry consumption peaked at $24.8B in 2017, and then declined slightly in the following year.

Production in the U.S.

In 2018, the amount of poultry produced in the U.S. amounted to 22M tonnes, approximately reflecting 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 relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

Exports from the U.S.

In 2018, exports of poultry from the U.S. stood at 1.9M tonnes, lowering by -10.3% against the previous year. In general, poultry exports continue to indicate an abrupt decline. In value terms, poultry exports amounted to $2.2B (IndexBox estimates) in 2018.

Exports by Country

Mexico (395K tonnes) was the main destination for poultry exports from the U.S., accounting for a 21% share of total exports. Moreover, poultry exports to Mexico exceeded the volume sent to the second major destination, China, Hong Kong SAR (128K tonnes), threefold. Angola (92K tonnes) ranked third in terms of total exports with a 4.9% share.

From 2007 to 2018, the average annual growth rate of volume to Mexico stood at +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (+5.1% per year) and Angola (+1.2% per year).

In value terms, Mexico ($493M) remains the key foreign market for poultry exports from the U.S., comprising 22% of total poultry exports. The second position in the ranking was occupied by China, Hong Kong SAR ($202M), with a 9.1% share of total exports. It was followed by Canada, with a 6.1% share.

Export Prices by Country

The average poultry export price stood at $1,181 per tonne in 2018, falling by -3.7% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.5%. Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($2,458 per tonne), while the average price for exports to South Korea ($598 per tonne) was amongst the lowest.

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

Imports into the U.S.

In 2018, approx. 114K tonnes of poultry were imported into the U.S.; growing by 5.4% against the previous year. Over the period under review, the total imports indicated a prominent expansion from 2007 to 2018: its volume increased at an average annual rate of +4.0% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the poultry imports decreased by -34.0% against 2015 indices. In value terms, poultry imports stood at $262M (IndexBox estimates) in 2018.

Imports by Country

Chile (68K tonnes) and Canada (41K tonnes) were the main suppliers of poultry imports to the U.S., together accounting for 97% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile.

In value terms, the largest poultry suppliers to the U.S. were Chile ($137M) and Canada ($115M), with a combined 96% share of total imports.

Import Prices by Country

In 2018, the average poultry import price amounted to $2,303 per tonne, growing by 4.4% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.3%. Average import prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest import price was Canada ($2,771 per tonne), while the price for Chile totaled $2,007 per tonne.

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

Source: IndexBox AI Platform

soybean oilcake

Soybean Oilcake Market in the EU – Key Insights

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

The revenue of the soybean oilcake market in the European Union amounted to $10.4B in 2018, going up by 1.8% 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, soybean oilcake consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by 10% against the previous year. In that year, the soybean oilcake market attained its peak level of $12B. From 2009 to 2018, the growth of the soybean oilcake market remained at a lower figure.

Consumption By Country in the EU

The countries with the highest volumes of soybean oilcake consumption in 2018 were France (3.2M tonnes), Italy (2.8M tonnes) and Poland (2.5M tonnes), together comprising 34% of total consumption. The UK, Germany, Spain, Denmark, the Netherlands, Belgium, Austria, the Czech Republic and Sweden lagged somewhat behind, together comprising a further 51%.

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

In value terms, France ($1.4B), Italy ($1.2B) and Denmark ($1.2B) were the countries with the highest levels of market value in 2018, together comprising 36% of the total market. The UK, Poland, Spain, the Netherlands, Austria, Belgium, Sweden, the Czech Republic and Germany lagged somewhat behind, together accounting for a further 48%.

In 2018, the highest levels of soybean oilcake per capita consumption was registered in Denmark (280 kg per person), followed by Austria (94 kg per person), the Netherlands (81 kg per person) and Belgium (75 kg per person), while the world average per capita consumption of soybean oilcake was estimated at 49 kg per person.

In Denmark, soybean oilcake per capita consumption plunged by an average annual rate of -1.6% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Austria (+5.5% per year) and the Netherlands (+5.5% per year).

Production in the EU

In 2018, approx. 8.1M tonnes of soybean oilcake were produced in the European Union; jumping by 18% against the previous year. In general, soybean oilcake production, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2018 when production volume increased by 18% against the previous year. Over the period under review, soybean oilcake production reached its maximum volume at 9.2M tonnes in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

In value terms, soybean oilcake production totaled $3B in 2018 estimated in export prices. The total output value increased at an average annual rate of +1.5% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2009 with an increase of 26% against the previous year. Over the period under review, soybean oilcake production attained its maximum level at $3.1B in 2013; however, from 2014 to 2018, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of soybean oilcake production in 2018 were the Netherlands (1.9M tonnes), Germany (1.7M tonnes) and Italy (791K tonnes), with a combined 53% share of total production. France, Austria, Portugal, the UK and Sweden lagged somewhat behind, together comprising a further 31%.

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

Exports in the EU

In 2018, the amount of soybean oilcake exported in the European Union stood at 6.7M tonnes, jumping by 3% against the previous year. Overall, soybean oilcake exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 11% y-o-y. In that year, soybean oilcake exports reached their peak of 8.1M tonnes. From 2016 to 2018, the growth of soybean oilcake exports remained at a lower figure.

In value terms, soybean oilcake exports amounted to $2.8B (IndexBox estimates) in 2018. The total exports indicated a temperate increase from 2007 to 2018: its value decreased at an average annual rate of -0.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when exports increased by 53% y-o-y. Over the period under review, soybean oilcake exports reached their peak figure at $4.3B in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

The Netherlands was the key exporting country with an export of about 3.1M tonnes, which accounted for 46% of total exports. Germany (1,644K tonnes) occupied a 24% share (based on tonnes) of total exports, which put it in second place, followed by Belgium (7.1%) and Slovenia (4.5%). The following exporters – Spain (247K tonnes), Romania (156K tonnes) and the UK (113K tonnes) – together made up 7.7% 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 Romania, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($1.3B) remains the largest soybean oilcake supplier in the European Union, comprising 47% of total soybean oilcake exports. The second position in the ranking was occupied by Germany ($645M), with a 23% share of total exports. It was followed by Belgium, with a 7.1% share.

In the Netherlands, soybean oilcake exports increased at an average annual rate of +3.7% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+4.7% per year) and Belgium (-3.2% per year).

Export Prices by Country

In 2018, the soybean oilcake export price in the European Union amounted to $419 per tonne, jumping by 7.6% against the previous year. The export price indicated perceptible growth from 2007 to 2018: its price increased at an average annual rate of +3.0% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 an increase of 42% year-to-year. The level of export price peaked at $579 per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Romania ($434 per tonne) and the Netherlands ($428 per tonne), while Spain ($379 per tonne) and the UK ($384 per tonne) were 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.

Imports in the EU

In 2018, the amount of soybean oilcake imported in the European Union amounted to 24M tonnes, coming down by -1.7% against the previous year. Overall, soybean oilcake imports continue to indicate a slight slump. The pace of growth was the most pronounced in 2014 with an increase of 6.7% year-to-year. The volume of imports peaked at 31M tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, soybean oilcake imports stood at $9.8B (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 indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 with an increase of 42% against the previous year. The level of imports peaked at $13.3B in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

The imports of the nine major importers of soybean oilcake, namely the Netherlands, France, Poland, Spain, Germany, Italy, the UK, Denmark and Belgium, represented more than two-thirds of total import. Ireland (585K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ireland, while the other leaders experienced mixed trends in the imports figures.

In value terms, the largest soybean oilcake importing markets in the European Union were France ($1.2B), the Netherlands ($1.1B) and Poland ($1B), together comprising 34% of total imports. These countries were followed by Germany, Spain, the UK, Italy, Denmark, Belgium and Ireland, which together accounted for a further 51%.

In terms of the main importing countries, Ireland recorded 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 soybean oilcake import price in the European Union stood at $414 per tonne in 2018, growing by 9.7% against the previous year. The import price indicated tangible growth from 2007 to 2018: its price increased at an average annual rate of +3.2% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the import price increased by 36% year-to-year. The level of import price peaked at $555 per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in France ($441 per tonne) and Germany ($432 per tonne), while Belgium ($372 per tonne) and Spain ($384 per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform