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Italy’s Cereal Germ Market Rose 2.9% to Reach $61M in 2018

cereal germ

Italy’s Cereal Germ Market Rose 2.9% to Reach $61M in 2018

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

The revenue of the cereal germ market in Italy amounted to $61M in 2018, rising by 2.9% 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). In general, cereal germ consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of 96% y-o-y. In that year, the cereal germ market attained its peak level of $74M. From 2012 to 2018, the growth of the cereal germ market failed to regain its momentum.

Production in Italy

In 2018, the production of cereal germ in Italy amounted to 108K tonnes, rising by 2.6% against the previous year. Overall, cereal germ production, however, continues to indicate a temperate drop. The most prominent rate of growth was recorded in 2013 when production volume increased by 88% y-o-y. Over the period under review, cereal germ production attained its maximum volume at 138K tonnes in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

In value terms, cereal germ production totaled $29M in 2018 estimated in export prices. Overall, cereal germ production, however, continues to indicate a significant reduction. The growth pace was the most rapid in 2011 with an increase of 143% year-to-year. Over the period under review, cereal germ production reached its maximum level at $50M in 2014; however, from 2015 to 2018, production remained at a lower figure.

Exports from Italy

In 2018, the amount of cereal germ exported from Italy stood at 668 tonnes, declining by -6.2% against the previous year. Overall, cereal germ exports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 93% against the previous year. Over the period under review, cereal germ exports attained their peak figure at 1.6K tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, cereal germ exports totaled $548K (IndexBox estimates) in 2018. In general, cereal germ exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 54% y-o-y. Exports peaked at $1.2M in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Spain (144 tonnes) was the main destination for cereal germ exports from Italy, accounting for a 22% share of total exports. Moreover, cereal germ exports to Spain exceeded the volume sent to the second major destination, Poland (61 tonnes), twofold. The third position in this ranking was occupied by France (17 tonnes), with a 2.6% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Spain totaled +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+18.2% per year) and France (-20.6% per year).

In value terms, the largest markets for cereal germ exported from Italy were Poland ($78K), Spain ($40K) and the U.S. ($22K), with a combined 25% share of total exports.

Among the main countries of destination, Poland recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average cereal germ export price amounted to $821 per tonne, surging by 5.9% against the previous year. Over the period under review, the cereal germ export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average export price increased by 126% against the previous year. Over the period under review, the average export prices for cereal germ attained their maximum at $1,542 per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was India ($1,470 per tonne), while the average price for exports to Spain ($275 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 France, while the prices for the other major destinations experienced more modest paces of growth.

Imports into Italy

In 2018, the cereal germ imports into Italy amounted to 90K tonnes, growing by 11% against the previous year. The total import volume increased at an average annual rate of +3.8% 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 2011 with an increase of 40% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, cereal germ imports amounted to $33M (IndexBox estimates) in 2018. Over the period under review, cereal germ imports continue to indicate tangible growth. The pace of growth appeared the most rapid in 2011 with an increase of 114% y-o-y. In that year, cereal germ imports attained their peak of $50M. From 2012 to 2018, the growth of cereal germ imports remained at a somewhat lower figure.

Imports by Country

Austria (29K tonnes), Hungary (27K tonnes) and Spain (12K tonnes) were the main suppliers of cereal germ imports to Italy, with a combined 75% share of total imports. Slovakia, France, Serbia and Slovenia lagged somewhat behind, together accounting for a further 23%.

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

In value terms, Austria ($8.6M), Hungary ($5.9M) and Spain ($3M) appeared to be the largest cereal germ suppliers to Italy, together accounting for 53% of total imports. These countries were followed by Slovakia, France, Slovenia and Serbia, which together accounted for a further 16%.

Serbia experienced the highest growth rate of imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cereal germ import price stood at $366 per tonne in 2018, going down by -6.8% against the previous year. Over the period under review, the cereal germ import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by 76% year-to-year. In that year, the average import prices for cereal germ attained their peak level of $697 per tonne. From 2009 to 2018, the growth in terms of the average import prices for cereal germ remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Slovakia ($323 per tonne), while the price for Serbia ($91 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 prices for the other major suppliers experienced a decline.

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

dates

Global Date Market 2019 – Egypt Continues to Dominate the Market

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

The global date market revenue amounted to $13.8B in 2018, jumping by 9.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.8% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the market value increased by 9.7% year-to-year. In that year, the global date market attained its peak level and is likely to continue its growth in the immediate term.

Consumption By Country

The countries with the highest volumes of date consumption in 2018 were Egypt (1.6M tonnes), Algeria (1.1M tonnes) and Iran (1M tonnes), together accounting for 44% of global consumption. These countries were followed by Saudi Arabia, Sudan, India, the United Arab Emirates, Pakistan, Iraq, Oman and Morocco, which together accounted for a further 39%.

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

In value terms, Egypt ($2.3B), Algeria ($2.1B) and Iran ($1.1B) were the countries with the highest levels of market value in 2018, together accounting for 40% of the global market. These countries were followed by Iraq, Saudi Arabia, Sudan, Oman, Morocco, Pakistan, the United Arab Emirates and India, which together accounted for a further 38%.

In 2018, the highest levels of date per capita consumption was registered in Oman (79 kg per person), followed by the United Arab Emirates (39 kg per person), Algeria (26 kg per person) and Saudi Arabia (19 kg per person), while the world average per capita consumption of date was estimated at 1.09 kg per person.

In Oman, date per capita consumption plunged by an average annual rate of -1.8% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the United Arab Emirates (-10.1% per year) and Algeria (+5.1% per year).

Market Forecast 2019-2025

Driven by increasing demand for date worldwide, 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 +2.3% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 9.8M tonnes by the end of 2025.

Production 2007-2018

In 2018, approx. 8.4M tonnes of dates were produced worldwide; picking up by 2.3% against the previous year. The total output volume increased at an average annual rate of +1.7% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2015 with an increase of 6.4% against the previous year. The global date production peaked in 2018 and is likely to continue its growth in the near future. The general positive trend in terms of date output was largely conditioned by a modest increase of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, date production totaled $13.2B in 2018 estimated in export prices. Overall, date production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when production volume increased by 25% against the previous year. Over the period under review, global date production attained its peak figure level at $14.4B in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Production By Country

The countries with the highest volumes of date production in 2018 were Egypt (1.6M tonnes), Iran (1.2M tonnes) and Algeria (1.1M tonnes), with a combined 47% share of global production.

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

Harvested Area 2007-2018

In 2018, the total area harvested in terms of dates production worldwide amounted to 1.4M ha, jumping by 3.6% against the previous year. The harvested area increased at an average annual rate of +1.5% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2016 when harvested area increased by 6.9% against the previous year. Over the period under review, the harvested area dedicated to date production reached its peak figure in 2018 and is likely to continue its growth in the near future.

Yield 2007-2018

Global average date yield amounted to 6 tonne per ha in 2018, remaining constant against the previous year. Over the period under review, the date yield, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when yield increased by 8.4% against the previous year. In that year, the average date yield attained its peak level of 6.6 tonne per ha. From 2016 to 2018, the growth of the average date yield remained at a somewhat lower figure.

Exports 2007-2018

In 2018, approx. 1.1M tonnes of dates were exported worldwide. In general, date exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 39% y-o-y. In that year, global date exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, date exports amounted to $1.7B (IndexBox estimates) in 2018. In general, date exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 39% against the previous year. In that year, global date exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Iraq (263K tonnes), Iran (180K tonnes), Pakistan (136K tonnes), Tunisia (115K tonnes), Saudi Arabia (104K tonnes) and the United Arab Emirates (97K tonnes) represented roughly 79% of total exports of dates in 2018. It was distantly followed by Israel (58K tonnes), committing a 5.1% 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 the United Arab Emirates, while the other global leaders experienced more modest paces of growth.

In value terms, the largest date markets worldwide were Tunisia ($319M), Israel ($207M) and Iran ($176M), together accounting for 40% of global exports. Saudi Arabia, Pakistan, the United Arab Emirates and Iraq lagged somewhat behind, together accounting for a further 31%.

The United Arab Emirates experienced the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average date export price stood at $1,530 per tonne in 2018, approximately reflecting the previous year. Over the period under review, the date export price continues to indicate a temperate downturn. The growth pace was the most rapid in 2012 when the average export price increased by 8.7% y-o-y. Over the period under review, the average export prices for dates reached their maximum at $2,031 per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($3,594 per tonne), while Iraq ($408 per tonne) was amongst the lowest.

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

Imports 2007-2018

Global imports amounted to 1.1M tonnes in 2018. Over the period under review, date imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2009 with an increase of 32% against the previous year. The global imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, date imports stood at $1.6B (IndexBox estimates) in 2018. Overall, date imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of 26% against the previous year. Over the period under review, global date imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

India was the largest importing country with an import of about 423K tonnes, which finished at 38% of total imports. The following importers – Morocco (45K tonnes), the United Arab Emirates (41K tonnes), Indonesia (40K tonnes), Turkey (39K tonnes), the U.S. (37K tonnes), France (35K tonnes), Malaysia (31K tonnes), Bangladesh (30K tonnes), the UK (24K tonnes), Germany (22K tonnes) and Yemen (21K tonnes) – together made up 33% of total imports.

India was also the fastest-growing in terms of the dates imports, with a CAGR of +22.9% from 2007 to 2018. At the same time, Turkey (+22.9%), Bangladesh (+16.5%), the U.S. (+14.2%), the United Arab Emirates (+11.7%), Indonesia (+8.9%), Yemen (+7.0%), Malaysia (+6.6%), Germany (+6.5%), the UK (+4.7%) and France (+2.2%) displayed positive paces of growth. Morocco experienced a relatively flat trend pattern. India (+34 p.p.), Turkey (+3.2 p.p.), the United Arab Emirates (+2.6 p.p.), the U.S. (+2.6 p.p.), Bangladesh (+2.2 p.p.) and Indonesia (+2.2 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($275M) constitutes the largest market for imported dates worldwide, comprising 18% of global imports. The second position in the ranking was occupied by the U.S. ($99M), with a 6.3% share of global imports. It was followed by France, with a 6.3% share.

From 2007 to 2018, the average annual growth rate of value in India totaled +12.7%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+20.6% per year) and France (+3.6% per year).

Import Prices by Country

In 2018, the average date import price amounted to $1,399 per tonne, stabilizing at the previous year. Overall, the date import price, however, continues to indicate a slight deduction. The pace of growth was the most pronounced in 2008 an increase of 16% against the previous year. In that year, the average import prices for dates attained their peak level of $1,862 per tonne. From 2009 to 2018, the growth in terms of the average import prices for dates remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($3,078 per tonne), while India ($651 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

pear

Global Pear Market – Russia, Indonesia, and Germany Are the Largest Importers in the World

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

The global pear market revenue amounted to $27.3B in 2018, increasing by 4.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.7% over the period from 2008 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 14% year-to-year. Over the period under review, the global pear market attained its maximum level at $30.8B in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Consumption By Country

The country with the largest volume of pear consumption was China (16M tonnes), accounting for 66% of total consumption. Moreover, pear consumption in China exceeded the figures recorded by the world’s second-largest consumer, Italy (689K tonnes), more than tenfold. The U.S. (658K tonnes) ranked third in terms of total consumption with a 2.7% share.

From 2008 to 2018, the average annual rate of growth in terms of volume in China stood at +2.1%. The remaining consuming countries recorded the following average annual rates of consumption growth: Italy (+0.2% per year) and the U.S. (+0.9% per year).

In value terms, China ($17.5B) led the market, alone. The second position in the ranking was occupied by Italy ($887M). It was followed by the U.S..

The countries with the highest levels of pear per capita consumption in 2018 were Argentina (14,247 kg per 1000 persons), Italy (11,598 kg per 1000 persons) and China (11,233 kg per 1000 persons).

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

Market Forecast 2019-2025

Driven by increasing demand for pear worldwide, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 28M tonnes by the end of 2025.

Production 2007-2018

In 2018, the global pear production stood at 25M tonnes, surging by 1.8% against the previous year. The total output volume increased at an average annual rate of +1.5% over the period from 2008 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2011 when production volume increased by 6.2% year-to-year. The global pear production peaked at 26M tonnes in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure. The general positive trend in terms of pear output was largely conditioned by a mild increase of the harvested area and measured growth in yield figures.

In value terms, pear production amounted to $27.7B in 2018 estimated in export prices. The total output value increased at an average annual rate of +3.1% over the period from 2008 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2013 with an increase of 16% against the previous year. The global pear production peaked at $31.3B in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Production By Country

China (17M tonnes) remains the largest pear producing country worldwide, comprising approx. 68% of total production. Moreover, pear production in China exceeded the figures recorded by the world’s second-largest producer, Argentina (954K tonnes), more than tenfold. Italy (767K tonnes) ranked third in terms of total production with a 3.1% share.

In China, pear production increased at an average annual rate of +2.2% over the period from 2008-2018. The remaining producing countries recorded the following average annual rates of production growth: Argentina (+2.6% per year) and Italy (-0.0% per year).

Harvested Area 2007-2018

In 2018, the global pear harvested area stood at 1.4M ha, approximately mirroring the previous year. Overall, the pear harvested area continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2011 with an increase of 2% against the previous year. The global pear harvested area peaked at 1.6M ha in 2013; however, from 2014 to 2018, harvested area stood at a somewhat lower figure.

Yield 2007-2018

Global average pear yield amounted to 18 tonne per ha in 2018, going up by 2.8% against the previous year. The yield figure increased at an average annual rate of +2.8% over the period from 2008 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 7.2% against the previous year. The global pear yield peaked in 2018 and is likely to continue its growth in the near future.

Exports 2007-2018

Global exports amounted to 2.8M tonnes in 2018, jumping by 4.6% against the previous year. Overall, pear exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 5.7% y-o-y. The global exports peaked at 2.8M tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, pear exports stood at $2.7B (IndexBox estimates) in 2018. Overall, pear exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 11% year-to-year. In that year, global pear exports reached their peak of $2.8B. From 2014 to 2018, the growth of global pear exports failed to regain its momentum.

Exports by Country

In 2018, China (544K tonnes), distantly followed by the Netherlands (337K tonnes), Argentina (317K tonnes), South Africa (302K tonnes), Belgium (288K tonnes), Italy (158K tonnes), Chile (156K tonnes), Spain (145K tonnes) and the U.S. (132K tonnes) represented the major exporters of pears, together achieving 86% 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 South Africa, while the other global leaders experienced more modest paces of growth.

In value terms, China ($602M), the Netherlands ($381M) and Argentina ($294M) were the countries with the highest levels of exports in 2018, with a combined 48% share of global exports.

China experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2018, the average pear export price amounted to $962 per tonne, approximately reflecting the previous year. Over the period under review, the pear export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15% y-o-y. In that year, the average export prices for pears reached their peak level of $1,127 per tonne. From 2014 to 2018, the growth in terms of the average export prices for pears failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($1,299 per tonne), while South Africa ($636 per tonne) was amongst the lowest.

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

Imports 2007-2018

Global imports amounted to 2.7M tonnes in 2018, rising by 3% against the previous year. In general, pear imports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 with an increase of 7.3% year-to-year. Over the period under review, global pear imports reached their peak figure at 3.1M tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, pear imports amounted to $2.7B (IndexBox estimates) in 2018. Over the period under review, pear imports, however, continue to indicate a measured drop. The growth pace was the most rapid in 2017 with an increase of 13% y-o-y. Over the period under review, global pear imports attained their peak figure at $3.3B in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of pear imports in 2018 were Russia (271K tonnes), Indonesia (187K tonnes), Germany (185K tonnes), Brazil (158K tonnes), the UK (138K tonnes), the Netherlands (129K tonnes), the U.S. (123K tonnes), France (116K tonnes), Viet Nam (100K tonnes), Belarus (83K tonnes), China, Hong Kong SAR (82K tonnes) and Italy (80K tonnes), together accounting for 61% of total import.

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

In value terms, Germany ($244M), Russia ($202M) and Indonesia ($147M) were the countries with the highest levels of imports in 2018, together accounting for 22% of global imports. Brazil, Viet Nam, the U.S., the UK, the Netherlands, France, Italy, Belarus and China, Hong Kong SAR lagged somewhat behind, together accounting for a further 37%.

Belarus recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average pear import price amounted to $994 per tonne, stabilizing at the previous year. Overall, the pear import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 7.4% against the previous year. In that year, the average import prices for pears attained their peak level of $1,108 per tonne. From 2014 to 2018, the growth in terms of the average import prices for pears remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Viet Nam ($1,414 per tonne), while China, Hong Kong SAR ($577 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

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

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

herring

The Growth of Canned Herring Market in the EU Loses Momentum

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

The revenue of the herring market in the European Union amounted to $1.5B in 2018, remaining relatively 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). From 2016-2017, the market grew rapidly, recovering from a noticeable slump observed in 2015. In 2018, however, the market growth lost its momentum, and the market volume stays within its relatively flat long-term trend pattern.

Consumption By Country in the EU

The countries with the highest volumes of canned herring consumption in 2018 were Germany (81K tonnes), Poland (80K tonnes) and the UK (68K tonnes), with a combined 55% share of total consumption. These countries were followed by Italy, Spain, the Netherlands and Hungary, which together accounted for a further 31%.

From 2007 to 2018, the most notable rate of growth in terms of herring 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 herring markets in the European Union were Germany ($420M), Poland ($222M) and the UK ($212M), together accounting for 58% of the total market.

The countries with the highest levels of herring per capita consumption in 2018 were Poland (2,1 kg per person), Italy (1,1 kg per person) and Hungary (1,0 kg per person).

Production in the EU

In 2018, approx. 423K tonnes of herrings (prepared or preserved) were produced in the European Union; approximately equating the previous year. In general, herring production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when production volume increased by 2.9% against the previous year. In value terms, herring production totaled $1.9B in 2018 estimated in export prices.

Production By Country in the EU

The countries with the highest volumes of herring production in 2018 were Poland (109K tonnes), Italy (66K tonnes) and the UK (65K tonnes), with a combined 57% share of total production. These countries were followed by Germany, Spain, Denmark and Lithuania, which together accounted for a further 32%.

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

Exports in the EU

In 2018, the exports of herrings (prepared or preserved) in the European Union totaled 121K tonnes, increasing by 6.9% against the previous year. Over the period under review, herring exports, however, continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2011 with an increase of 13% year-to-year. In value terms, herring exports stood at $399M (IndexBox estimates) in 2018.

Exports by Country

Poland was the main exporter of herrings (prepared or preserved) in the European Union, with the volume of exports accounting for 52K tonnes, which was approx. 43% of total exports in 2018. Denmark (27K tonnes) ranks second in terms of the total exports with a 22% share, followed by Germany (20%) and Lithuania (5.2%). The following exporters – Sweden (4,143 tonnes) and the Netherlands (3,077 tonnes) – each accounted for a 6% 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 Germany, while the other leaders experienced more modest paces of growth.

In value terms, Poland ($165M) remains the largest herring supplier in the European Union, comprising 41% of total herring exports. The second position in the ranking was occupied by Denmark ($82M), with a 21% share of total exports. It was followed by Germany, with a 19% share.

Export Prices by Country

The herring export price in the European Union stood at $3,295 per tonne in 2018, reducing by -1.5% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.5%.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($6,046 per tonne), while Denmark ($3,072 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.

Imports in the EU

The imports stood at 115K tonnes in 2018, increasing by 3.9% against the previous year. Overall, herring imports, however, continue to indicate a slight contraction. The growth pace was the most rapid in 2008 with an increase of 4.1% against the previous year. In that year, herring imports reached their peak of 137K tonnes. From 2009 to 2018, the growth of herring imports remained at a somewhat lower figure. In value terms, herring imports totaled $327M (IndexBox estimates) in 2018.

Imports by Country

Germany was the key importer of herrings (prepared or preserved) in the European Union, with the volume of imports finishing at 45K tonnes, which was approx. 39% of total imports in 2018. Poland (23K tonnes) occupied the second position in the ranking, distantly followed by the Netherlands (7,378 tonnes), Sweden (5,846 tonnes) and Denmark (5,698 tonnes). All these countries together occupied approx. 36% share of total imports. The UK (3,262 tonnes), Finland (3,251 tonnes), Austria (3,246 tonnes), Romania (2,774 tonnes), the Czech Republic (2,359 tonnes), France (2,216 tonnes) and Estonia (2,026 tonnes) took a relatively small share of total imports.

Imports into Germany decreased at an average annual rate of -2.3% from 2007 to 2018. At the same time, the Netherlands (+13.8%), Romania (+12.9%) and the UK (+3.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer in the European Union, with a CAGR of +13.8% from 2007-2018. Poland and France experienced a relatively flat trend pattern. By contrast, the Czech Republic (-2.1%), Denmark (-2.3%), Austria (-2.6%), Estonia (-4.8%), Sweden (-5.0%) and Finland (-5.4%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the Netherlands, Romania and Poland increased by +4.9%, +1.8% and +1.6% percentage points, while Finland (-2.4 p.p.), Sweden (-3.8 p.p.) and Germany (-11.3 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

Import Prices by Country

The herring import price in the European Union stood at $2,840 per tonne in 2018, waning by -4.4% against the previous year. In general, the herring import price, however, continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($4,240 per tonne), while Sweden ($1,781 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Finland, while the other 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

EU Mixed Fruit and Vegetable Juice Market – France Is the Largest and Fastest-Growing Consumer

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

The revenue of the mixed juices market in the European Union amounted to $3B in 2018, flattening 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). In general, mixed juices consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of 11% against the previous year. The level of mixed juices consumption peaked at $3.2B in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country in the EU

The countries with the highest volumes of mixed juices consumption in 2018 were Germany (539K tonnes), France (496K tonnes) and the UK (413K tonnes), together comprising 63% of total consumption.

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

In value terms, France ($670M), the UK ($648M) and Germany ($578M) were the countries with the highest levels of market value in 2018, with a combined 64% share of the total market.

The countries with the highest levels of mixed juices per capita consumption in 2018 were France (7,591 kg per 1000 persons), Germany (6,555 kg per 1000 persons) and the UK (6,188 kg per 1000 persons).

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

Production in the EU

In 2018, the amount of mixtures of fruit and vegetable juices produced in the European Union amounted to 2.2M tonnes, reducing by -7.6% against the previous year. In general, mixed juices production continues to indicate a mild deduction. The growth pace was the most rapid in 2016 when production volume increased by 6% y-o-y. Over the period under review, mixed juices production reached its peak figure volume at 2.5M tonnes in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

In value terms, mixed juices production totaled $2.5B in 2018 estimated in export prices. In general, mixed juices production continues to indicate a temperate downturn. The pace of growth was the most pronounced in 2011 with an increase of 14% against the previous year. Over the period under review, mixed juices production attained its peak figure level at $3.1B 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 mixed juices production in 2018 were Germany (631K tonnes), the Netherlands (349K tonnes) and France (245K tonnes), together accounting for 55% of total production.

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

Exports in the EU

In 2018, the mixed juices exports in the European Union stood at 960K tonnes, picking up by 7.6% against the previous year. The total exports indicated a strong increase from 2008 to 2018: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mixed juices exports increased by +72.2% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. Over the period under review, mixed juices exports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, mixed juices exports stood at $1.2B (IndexBox estimates) in 2018. The total exports indicated conspicuous growth from 2008 to 2018: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mixed juices exports increased by +86.4% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 30% against the previous year. The level of exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The Netherlands (334K tonnes) and Germany (243K tonnes) represented the main exporters of mixtures of fruit and vegetable juices in 2018, amounting to approx. 35% and 25% of total exports, respectively. It was distantly followed by Spain (110K tonnes), Belgium (67K tonnes) and the UK (58K tonnes), together making up a 24% share of total exports. France (38K tonnes) and Poland (24K tonnes) followed a long way behind the leaders.

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

In value terms, the Netherlands ($420M), Germany ($262M) and Spain ($136M) were the countries with the highest levels of exports in 2018, together accounting for 69% of total exports. These countries were followed by the UK, Belgium, France and Poland, which together accounted for a further 21%.

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

Export Prices by Country

The mixed juices export price in the European Union stood at $1,233 per tonne in 2018, surging by 12% against the previous year. Overall, the mixed juices export price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2011 when the export price increased by 14% y-o-y. Over the period under review, the export prices for mixtures of fruit and vegetable juices reached their maximum at $1,436 per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in the UK ($1,568 per tonne) and France ($1,284 per tonne), while Germany ($1,076 per tonne) and Poland ($1,103 per tonne) were 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 mixed trends in the export price figures.

Imports in the EU

In 2018, the amount of mixtures of fruit and vegetable juices imported in the European Union stood at 1.1M tonnes, surging by 9.8% against the previous year. The total imports indicated a resilient increase from 2008 to 2018: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mixed juices imports increased by +86.8% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 46% against the previous year. The volume of imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, mixed juices imports totaled $1.1B (IndexBox estimates) in 2018. The total imports indicated a strong expansion from 2008 to 2018: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, mixed juices imports increased by +60.7% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 44% year-to-year. The level of imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

The UK (292K tonnes) and France (289K tonnes) represented roughly 55% of total imports of mixtures of fruit and vegetable juices in 2018. Germany (151K tonnes) ranks next in terms of the total imports with a 14% share, followed by the Netherlands (5.5%) and Belgium (4.9%). Sweden (30K tonnes), Austria (24K tonnes), Denmark (21K tonnes), Portugal (19K tonnes), Spain (17K tonnes) and Poland (16K tonnes) followed a long way behind the leaders.

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

In value terms, the largest mixed juices importing markets in the European Union were France ($277M), the UK ($252M) and Germany ($202M), with a combined 65% share of total imports.

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

Import Prices by Country

In 2018, the mixed juices import price in the European Union amounted to $1,071 per tonne, remaining stable against the previous year. In general, the mixed juices import price, however, continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2011 when the import price increased by 9.3% year-to-year. The level of import price peaked at $1,365 per tonne in 2008; however, from 2009 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 Poland ($1,575 per tonne), while Portugal ($715 per tonne) was amongst the lowest.

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

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