The Growth of the EU Decaffeinated Coffee Market Lost its Momentum

February 11th, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘EU – Decaffeinated Coffee (Not Roasted) – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the decaffeinated coffee market in the European Union amounted to $1.6B in 2018, going down by -2.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, decaffeinated coffee consumption continues to indicate a relatively flat trend pattern.

Consumption By Country in the EU

The countries with the highest volumes of decaffeinated coffee consumption in 2018 were the UK (59K tonnes), Germany (49K tonnes) and France (45K tonnes), with a combined 47% share of total consumption. These countries were followed by Spain, Poland, Belgium, the Netherlands, Sweden, Austria, Portugal, Italy and Finland, which together accounted for a further 42%.

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

In value terms, the UK ($449M) led the market, alone. The second position in the ranking was occupied by France ($174M). It was followed by Germany.

The countries with the highest levels of decaffeinated coffee per capita consumption in 2018 were Belgium (1,201 kg per 1000 persons), Austria (1,159 kg per 1000 persons) and Sweden (1,133 kg per 1000 persons).

Production in the EU

In 2018, the amount of decaffeinated coffee (not roasted) produced in the European Union totaled 433K tonnes, flattening at the previous year. Overall, decaffeinated coffee production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 5.5% against the previous year.

Production By Country in the EU

The country with the largest volume of decaffeinated coffee production was Germany (208K tonnes), accounting for 48% of total volume. Moreover, decaffeinated coffee production in Germany exceeded the figures recorded by the second-largest producer, the UK (55K tonnes), fourfold. France (42K tonnes) ranked third in terms of total production with a 9.7% share.

In Germany, decaffeinated coffee production remained relatively stable over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: the UK (+1.0% per year) and France (-0.4% per year).

Exports in the EU

In 2018, the exports of decaffeinated coffee (not roasted) in the European Union stood at 180K tonnes, going up by 3.1% against the previous year. The total export volume increased at an average annual rate of +1.5% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. Over the period under review, decaffeinated coffee exports reached their peak figure at 187K tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure. In value terms, decaffeinated coffee exports totaled $596M (IndexBox estimates) in 2018.

Exports by Country

Germany dominates decaffeinated coffee exports structure, resulting at 161K tonnes, which was approx. 89% of total exports in 2018. It was distantly followed by Spain (15K tonnes), committing an 8.2% share of total exports.

Exports from Germany increased at an average annual rate of +1.5% from 2007 to 2018. At the same time, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +3.4% from 2007-2018. While the share of Germany (+13 p.p.) and Spain (+2.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($503M) remains the largest decaffeinated coffee supplier in the European Union, comprising 84% of total decaffeinated coffee exports. The second position in the ranking was occupied by Spain ($74M), with a 12% share of total exports.

Export Prices by Country

In 2018, the decaffeinated coffee export price in the European Union amounted to $3,303 per tonne. Overall, the decaffeinated coffee export price, however, continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Spain ($4,989 per tonne), while Germany amounted to $3,134 per tonne.

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

Imports in the EU

The imports stood at 69K tonnes in 2018, rising by 12% against the previous year. The total import volume increased at an average annual rate of +2.8% 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 2015 when imports increased by 13% year-to-year. The volume of imports peaked in 2018 and are likely to see steady growth in the immediate term. In value terms, decaffeinated coffee imports totaled $185M (IndexBox estimates) in 2018.

Imports by Country

Spain represented the major importer of decaffeinated coffee (not roasted) imported in the European Union, with the volume of imports finishing at 31K tonnes, which was near 45% of total imports in 2018. The Netherlands (11,908 tonnes) took a 17% share (based on tonnes) of total imports, which put it in second place, followed by Italy (9.7%), the UK (6.8%) and Belgium (6.7%). The following importers – France (2,912 tonnes) and Portugal (2,540 tonnes) – each accounted for a 7.9% share of total imports.

Spain was also the fastest-growing in terms of the decaffeinated coffee (not roasted) imports, with a CAGR of +12.1% from 2007 to 2018. At the same time, the UK (+3.2%), Portugal (+2.0%) and France (+1.7%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. By contrast, Italy (-1.4%) and Belgium (-4.1%) illustrated a downward trend over the same period.

In value terms, the largest decaffeinated coffee importing markets in the European Union were Spain ($59M), the Netherlands ($36M) and Italy ($22M), with a combined 63% share of total imports.

Import Prices by Country

In 2018, the decaffeinated coffee import price in the European Union amounted to $2,698 per tonne, waning by -11.6% against the previous year. Over the period under review, the decaffeinated coffee import price continues to indicate a relatively flat trend pattern. The import prices for decaffeinated coffee (not roasted) attained their peak level of $4,621 per tonne in 2011. From 2012 to 2018, the growth in terms of the import prices for decaffeinated coffee (not roasted) remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($4,154 per tonne), while Spain ($1,926 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, EU Trade, Global Trade Daily, News

The Market for Homogenized Food Preparations in the EU Increased Slightly to $2B

February 10th, 2020 IndexBox Leave a comment

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

The revenue of the homogenized food preparations market in the European Union amounted to $2B in 2018, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.0% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The level of homogenized food preparations consumption peaked at $2.2B in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Consumption By Country in the EU

The countries with the highest volumes of homogenized food preparations consumption in 2018 were Germany (92K tonnes), the UK (86K tonnes) and France (78K tonnes), together accounting for 50% of total consumption. These countries were followed by Spain, Italy, the Czech Republic, Romania, Sweden, Portugal, Belgium, Greece and Poland, which together accounted for a further 37%.

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

In value terms, Germany ($357M), France ($352M) and the UK ($307M) were the countries with the highest levels of market value in 2018, with a combined 50% share of the total market. Spain, Italy, Sweden, Belgium, Romania, Greece, Portugal, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 40%.

The countries with the highest levels of homogenized food preparations per capita consumption in 2018 were Sweden (1,583 kg per 1000 persons), the Czech Republic (1,578 kg per 1000 persons) and Portugal (1,513 kg per 1000 persons).

Market Forecast 2019-2025 in the EU

Driven by increasing demand for homogenized food preparations in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.6% for the period from 2018 to 2030, which is projected to bring the market volume to 546K tonnes by the end of 2030.

Production in the EU

In 2018, approx. 541K tonnes of homogenized composite food preparations were produced in the European Union; jumping by 1.6% against the previous year. Overall, homogenized food preparations production continues to indicate a relatively flat trend pattern. Over the period under review, homogenized food preparations production reached its peak figure volume in 2018 and is likely to see steady growth in the near future.

Production By Country in the EU

The countries with the highest volumes of homogenized food preparations production in 2018 were France (91K tonnes), Germany (90K tonnes) and the UK (79K tonnes), with a combined 48% share of total production. Spain, Italy, Poland, Belgium, the Czech Republic, Romania, Greece, Portugal and Sweden lagged somewhat behind, together accounting for a further 41%.

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

Exports in the EU

In 2018, the exports of homogenized composite food preparations in the European Union amounted to 127K tonnes, growing by 15% against the previous year. The total export volume increased at an average annual rate of +1.7% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. In value terms, homogenized food preparations exports amounted to $453M (IndexBox estimates) in 2018.

Exports by Country

The countries with the highest levels of homogenized food preparations exports in 2018 were Poland (19K tonnes), France (18K tonnes), Spain (13K tonnes), Germany (12K tonnes), the UK (12K tonnes), Italy (9.4K tonnes), Belgium (8K tonnes), the Netherlands (7.6K tonnes), Hungary (7.5K tonnes), the Czech Republic (5.7K tonnes) and Slovakia (5.4K tonnes), together resulting at 92% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Slovakia, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($69M), Poland ($61M) and Germany ($54M) appeared to be the countries with the highest levels of exports in 2018, with a combined 41% share of total exports. The UK, Spain, the Netherlands, Belgium, Italy, Slovakia, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further 52%.

Export Prices by Country

In 2018, the homogenized food preparations export price in the European Union amounted to $3,555 per tonne, leveling off at the previous year. Over the period under review, the export prices for homogenized composite food preparations reached their peak figure at $3,955 per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($4,487 per tonne), while Hungary ($2,717 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

In 2018, homogenized food preparations imports in the European Union stood at 92K tonnes, picking up by 7.1% against the previous year. Over the period under review, homogenized food preparations imports, however, continue to indicate a mild contraction. In value terms, homogenized food preparations imports amounted to $329M (IndexBox estimates) in 2018.

Imports by Country

The imports of the twelve major importers of homogenized composite food preparations, namely the UK, Germany, Italy, the Netherlands, Austria, France, Sweden, Ireland, Portugal, the Czech Republic, Belgium and Spain, 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 Austria, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest homogenized food preparations importing markets in the European Union were the UK ($65M), Italy ($45M) and Germany ($42M), with a combined 46% share of total imports. The Netherlands, Austria, France, Sweden, Belgium, Ireland, Spain, the Czech Republic and Portugal lagged somewhat behind, together comprising a further 41%.

Import Prices by Country

In 2018, the homogenized food preparations import price in the European Union amounted to $3,552 per tonne, jumping by 4.5% against the previous year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($4,605 per tonne), while Germany ($3,068 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

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How the Coronavirus Outbreak in China May Affect the U.S. Garlic Market

February 9th, 2020 IndexBox Leave a comment

The ongoing outbreak of coronavirus in China may affect garlic shipments into the U.S. and result in a shortage of garlic supplies, which firstly is to push the prices up. But then the question will arise: who will be able to compensate for this shortage and who will benefit from price increases?

Currently, near 30% of the U.S. garlic market is supplied by imports, which amounted to approx. 90K tonnes. From this amount, China constituted the largest supplier, accounting for 63% of total imports. In terms of domestic consumption, Chinese garlic holds a tangible share of 28% in the U.S market.

According to the report ‘U.S. – Garlic – Market Analysis, Forecast, Size, Trends and Insights’ by IndexBox, the revenue of the U.S. garlic market rose 6% in 2018 to $1.1B. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which are to be included in the final consumer price). Driven by increasing demand for garlic in the U.S., the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to expand with an anticipated CAGR of +0.6% for the period from 2018 to 2030 (IndexBox estimates), which is projected to bring the market volume to 348K tonnes by the end of 2030.

Production in the U.S.

Garlic production in the U.S. stood at 237K tonnes in 2018, surging by 2.2% against the previous year. The total output volume increased at an average annual rate of +2.2% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Garlic production peaked in 2018 and is likely to continue its growth in the near future. Garlic output in the U.S. indicated a measured increase, which was largely conditioned by measured growth of the harvested area and a relatively flat trend pattern in yield figures.

Local garlic producers constitute the first-tier challengers to buoy the supply if imports from China plummet. Domestic production currently supplies over 70% of the U.S. market, and the output is growing gradually. Moreover, U.S. manufacturers have already benefited from the rise of the import tariffs implemented by President Trump’s administration because this at some extent relaxed the price pressure on the market. This, however, was not enough to provide the industry with strong growth impetus because any rapid expansion of the output is still hampered by tight pressure from cheaper and available imports from China.

Harvested Area in the U.S.

Garlic harvested area in the U.S. totaled 14K ha in 2018, surging by 2.9% 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 over the period under review. Over the period under review, the harvested area dedicated to garlic production attained its maximum in 2018 and is likely to see steady growth in the immediate term.

Yield in the U.S.

Average yield of garlic in the U.S. stood at 17 tonne per ha in 2018, standing approx. at the previous year. Over the period under review, the garlic yield continues to indicate a relatively flat trend pattern.

Imports into the U.S.

In 2018, approx. 90K tonnes of garlic were imported into the U.S.; jumping by 4.9% against the previous year. Overall, garlic imports continue to indicate remarkable growth. Over the period under review, garlic imports attained their peak figure in 2018 and are expected to retain its growth in the near future. In value terms, garlic imports stood at $203M (IndexBox estimates) in 2018.

Imports by Country

In 2018, China (57K tonnes) constituted the largest supplier of garlic to the U.S., accounting for a 63% share of total imports. Moreover, garlic imports from China exceeded the figures recorded by the second-largest supplier, Spain (13K tonnes), fivefold. Mexico (12K tonnes) ranked third in terms of total imports with a 13% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to -1.9%.

By contrast, imports from Spain posted solid gains over the last decade, and this country may also challenge to supply the market gap if Chinese supplies will drop. Mexico (+3.6% per year) also experienced a tangible increase in terms of imports. Moreover, Peru, Egypt, and Uzbekistan emerge as the most promising supplying countries (IndexBox estimates), as they boast both strong growth in terms of exports and affordable prices.

In value terms, China ($118M) constituted the largest supplier of garlic to the U.S., comprising 58% of total garlic imports. The second position in the ranking was occupied by Spain ($41M), with a 20% share of total imports. It was followed by Mexico, with a 12% share.

Import Prices by Country

The average garlic import price stood at $2,253 per tonne in 2018, remaining relatively unchanged against the previous year. Over the period under review, the garlic import price, however, continues to indicate a strong increase. Over the period under review, the average import prices for garlic reached their maximum at $2,537 per tonne in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($3,238 per tonne), while the price for Mexico ($1,942 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 more modest paces of growth.

Source: IndexBox AI Platform

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Fresh Bread And Miscellaneous Bakery Market in the EU Stands at $68.7B

February 6th, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘EU – Bakers’ Wares (No Added Sweetening) – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the market for fresh bread and miscellaneous bakery in the European Union amounted to $68.7B in 2018, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, consumption of fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern.

Consumption By Country in the EU

The countries with the highest volumes of consumption of fresh bread and miscellaneous bakery in 2018 were the UK (4.8M tonnes), Germany (4.6M tonnes) and Spain (3M tonnes), with a combined 44% share of total consumption. These countries were followed by France, Italy, Poland, the Netherlands, Romania, Ireland, the Czech Republic, Portugal and Austria, which together accounted for a further 44%.

From 2007 to 2018, the most notable rate of growth in terms of consumption of fresh bread and miscellaneous bakery, amongst the main consuming countries, was attained by Ireland, while consumption of fresh bread and miscellaneous bakery for the other leaders experienced more modest paces of growth.

In value terms, Germany ($15.7B), the UK ($11.9B) and Italy ($9.8B) constituted the countries with the highest levels of market value in 2018, together accounting for 54% of the total market. France, Spain, the Netherlands, Poland, Austria, Portugal, Romania, Ireland and the Czech Republic lagged somewhat behind, together accounting for a further 36%.

The countries with the highest levels of fresh bread and miscellaneous bakery per capita consumption in 2018 were Ireland (154 kg per person), the Netherlands (81 kg per person) and the UK (72 kg per person).

Market Forecast 2019-2025 in the EU

Driven by increasing demand for fresh bread and miscellaneous bakery in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.5% for the period from 2018 to 2030, which is projected to bring the market volume to 30M tonnes by the end of 2030.

Production in the EU

The volume of production of fresh bread and miscellaneous bakery amounted to 28M tonnes in 2018, going down by -1.9% against the previous year. Over the period under review, production of fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern. Over the period under review, production of fresh bread and miscellaneous bakery attained its peak figure volume at 29M tonnes in 2017, and then declined slightly in the following year.

Production By Country in the EU

The countries with the highest volumes of production of fresh bread and miscellaneous bakery in 2018 were Germany (5.1M tonnes), the UK (4.3M tonnes) and Spain (3.1M tonnes), together comprising 44% of total production. France, Italy, Poland, the Netherlands, Romania, Ireland, the Czech Republic, Portugal and Belgium lagged somewhat behind, together accounting for a further 44%.

From 2007 to 2018, the most notable rate of growth in terms of production of fresh bread and miscellaneous bakery, amongst the main producing countries, was attained by Ireland, while production of fresh bread and miscellaneous bakery for the other leaders experienced more modest paces of growth.

Exports in the EU

In 2018, the amount of fresh bread and miscellaneous bakery exported in the European Union totaled 4.7M tonnes, surging by 5% against the previous year. The total exports indicated a buoyant increase from 2007 to 2018: its volume increased at an average annual rate of +5.3% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, exports of fresh bread and miscellaneous bakery reached their peak figure in 2018 and are expected to retain its growth in the near future. In value terms, exports of fresh bread and miscellaneous bakery amounted to $13.5B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Germany (1.1M tonnes), distantly followed by France (596K tonnes), Belgium (479K tonnes), Italy (379K tonnes), Poland (356K tonnes), the Netherlands (333K tonnes), Spain (314K tonnes) and the UK (228K tonnes) represented the main exporters of fresh bread and miscellaneous bakery, together comprising 80% of total exports.

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

In value terms, Germany ($2.8B), France ($1.9B) and Belgium ($1.6B) were the countries with the highest levels of exports in 2018, together accounting for 47% of total exports. Italy, the Netherlands, Poland, Spain and the UK lagged somewhat behind, together comprising a further 36%.

Export Prices by Country

In 2018, the export price for fresh bread and miscellaneous bakery in the European Union amounted to $2,881 per tonne, jumping by 7.1% against the previous year. In general, the export price for fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($4,130 per tonne), while Poland ($2,294 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, the imports of fresh bread and miscellaneous bakery in the European Union totaled 4.2M tonnes, increasing by 5.4% against the previous year. The total imports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +4.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, imports of fresh bread and miscellaneous bakery increased by +67.7% against 2007 indices. In value terms, imports of fresh bread and miscellaneous bakery stood at $11.4B (IndexBox estimates) in 2018.

Imports by Country

The UK (706K tonnes), Germany (574K tonnes), France (449K tonnes), the Netherlands (334K tonnes), Belgium (304K tonnes), Italy (225K tonnes), Austria (175K tonnes), Spain (173K tonnes), Ireland (159K tonnes), Sweden (124K tonnes), the Czech Republic (111K tonnes) and Denmark (111K tonnes) represented roughly 82% of total imports of fresh bread and miscellaneous bakery in 2018.

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

In value terms, the largest fresh bread and miscellaneous bakery importing markets in the European Union were the UK ($1.9B), Germany ($1.6B) and France ($1.4B), together comprising 43% of total imports. The Netherlands, Belgium, Italy, Spain, Austria, Ireland, Sweden, Denmark and the Czech Republic lagged somewhat behind, together accounting for a further 40%.

Import Prices by Country

The import price for fresh bread and miscellaneous bakery in the European Union stood at $2,701 per tonne in 2018, growing by 5.5% against the previous year. Over the period under review, the import price for fresh bread and miscellaneous bakery, however, continues to indicate a relatively flat trend pattern.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in France ($3,132 per tonne) and Spain ($3,107 per tonne), while the Czech Republic ($2,191 per tonne) and Ireland ($2,258 per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform

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Dairy Spread Market in the EU Reached $645M

February 6th, 2020 IndexBox Leave a comment

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

The revenue of the dairy spread market in the European Union amounted to $645M in 2018, growing by 2.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Consumption By Country in the EU

The UK (64K tonnes) remains the largest dairy spread consuming country in the European Union, accounting for 32% of total volume. Moreover, dairy spread consumption in the UK exceeded the figures recorded by the second-largest consumer, the Czech Republic (22K tonnes), threefold. France (22K tonnes) ranked third in terms of total consumption with a 11% share.

From 2007 to 2018, the average annual growth rate of volume in the UK stood at -3.7%. In the other countries, the average annual rates were as follows: the Czech Republic (+8.5% per year) and France (+4.0% per year).

In value terms, the largest dairy spread markets in the European Union were the UK ($112M), France ($105M) and the Czech Republic ($87M), together accounting for 47% of the total market. These countries were followed by the Netherlands, Belgium, Germany, Sweden, Greece, Slovakia, Hungary, Croatia and Romania, which together accounted for a further 40%.

Market Forecast 2019-2025 in the EU

Driven by stable demand for dairy spread in the European Union, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.3% for the period from 2018 to 2030, which is projected to bring the market volume to 206K tonnes by the end of 2030.

Production in the EU

In 2018, the dairy spread production in the European Union amounted to 205K tonnes, therefore, remained relatively stable against the previous year. Over the period under review, dairy spread production, however, continues to indicate a relatively flat trend pattern.

Production By Country in the EU

The country with the largest volume of dairy spread production was the UK (62K tonnes), accounting for 30% of total volume. Moreover, dairy spread production in the UK exceeded the figures recorded by the second-largest producer, France (22K tonnes), threefold. The Czech Republic (20K tonnes) ranked third in terms of total production with a 10% share.

In the UK, dairy spread production declined by an average annual rate of -3.9% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: France (+5.8% per year) and the Czech Republic (+9.2% per year).

Exports in the EU

In 2018, the dairy spread exports in the European Union totaled 34K tonnes, going up by 7.8% against the previous year. The total export volume increased at an average annual rate of +2.6% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The volume of exports peaked in 2018 and are expected to retain its growth in the immediate term. In value terms, dairy spread exports totaled $152M (IndexBox estimates) in 2018.

Exports by Country

In 2018, Belgium (9.5K tonnes), distantly followed by Poland (5,048 tonnes), Germany (3,811 tonnes), the UK (3,409 tonnes), France (2,581 tonnes), Croatia (2,344 tonnes) and Ireland (2,219 tonnes) were the main exporters of dairy spreads, together mixing up 85% of total exports.

In value terms, Belgium ($53M) remains the largest dairy spread supplier in the European Union, comprising 35% of total dairy spread exports. The second position in the ranking was occupied by Germany ($21M), with a 14% share of total exports. It was followed by France, with a 8.7% share.

Export Prices by Country

In 2018, the dairy spread export price in the European Union amounted to $4,449 per tonne, standing approx. at the previous year. Over the period under review, the dairy spread export price continues to indicate a relatively flat trend pattern. The level of export price peaked at $4,859 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 ($5,639 per tonne), while the UK ($2,130 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, the amount of dairy spreads imported in the European Union totaled 28K tonnes, remaining stable against the previous year. In value terms, dairy spread imports totaled $114M (IndexBox estimates) in 2018.

Imports by Country

The UK (5,704 tonnes) and Germany (5,474 tonnes) were the key importers of dairy spreads in 2018, resulting at approx. 20% and 19% of total imports, respectively. Portugal (2,558 tonnes) ranks next in terms of the total imports with a 9% share, followed by Slovakia (8.4%), France (8%), the Czech Republic (6.1%) and the Netherlands (5.5%). Belgium (1,250 tonnes), Greece (1,104 tonnes), Romania (808 tonnes), Austria (652 tonnes) and Finland (483 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 the Netherlands, while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($23M), Germany ($18M) and France ($13M) were the countries with the highest levels of imports in 2018, together comprising 47% of total imports. These countries were followed by Portugal, Belgium, the Netherlands, Austria, Slovakia, Greece, the Czech Republic, Romania and Finland, which together accounted for a further 44%.

Import Prices by Country

In 2018, the dairy spread import price in the European Union amounted to $4,039 per tonne, surging by 2% against the previous year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Austria ($9,149 per tonne), while Slovakia ($2,169 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, Global Trade Daily, News

Exports of Prepared Frozen Vegetables in Europe Undergo a Buoyant Expansion

February 5th, 2020 IndexBox Leave a comment

IndexBox has just published a new report: ‘EU – Frozen Vegetables And Mixtures Of Vegetables (Excluding Dishes) – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The revenue of the prepared frozen vegetables market in the European Union amounted to $954M 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). Overall, prepared frozen vegetables consumption, however, continues to indicate a relatively flat trend pattern.

Consumption By Country in the EU

The countries with the highest volumes of prepared frozen vegetables consumption in 2018 were Italy (149K tonnes), France (116K tonnes) and the UK (55K tonnes), with a combined 59% share of total consumption.

From 2007 to 2018, the most notable rate of growth in terms of prepared frozen vegetables consumption, amongst the main consuming countries, was attained by Italy, while prepared frozen vegetables consumption for the other leaders experienced more modest paces of growth.

In value terms, Italy ($239M), France ($209M) and the UK ($107M) appeared to be the countries with the highest levels of market value in 2018, with a combined 58% share of the total market. Spain, Sweden, the Netherlands, Germany, Portugal, Belgium, Poland, Greece and Romania lagged somewhat behind, together comprising a further 30%.

The countries with the highest levels of prepared frozen vegetables per capita consumption in 2018 were Italy (2,497 kg per 1000 persons), Sweden (2,341 kg per 1000 persons) and France (1,769 kg per 1000 persons).

Market Forecast 2019-2025 in the EU

Driven by increasing demand for prepared frozen vegetables in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +2.1% for the period from 2018 to 2030, which is projected to bring the market volume to 690K tonnes by the end of 2030.

Production in the EU

In 2018, approx. 592K tonnes of frozen vegetables and mixtures of vegetables (prepared or preserved) were produced in the European Union; reducing by -4.8% against the previous year. The total output volume increased at an average annual rate of +2.1% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Production By Country in the EU

The countries with the highest volumes of prepared frozen vegetables production in 2018 were Italy (165K tonnes), Belgium (86K tonnes) and France (76K tonnes), together comprising 55% of total production.

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

Exports in the EU

The volume of exports stood at 429K tonnes in 2018, going up by 2.3% against the previous year. Overall, prepared frozen vegetables exports continue to indicate a buoyant expansion. The volume of exports peaked in 2018 and are likely to continue its growth in the immediate term. In value terms, prepared frozen vegetables exports stood at $821M (IndexBox estimates) in 2018.

Exports by Country

In 2018, Belgium (118K tonnes), distantly followed by the Netherlands (76K tonnes), Germany (51K tonnes), Spain (47K tonnes), Portugal (32K tonnes), France (31K tonnes) and Italy (29K tonnes) were the major exporters of frozen vegetables and mixtures of vegetables (prepared or preserved), together mixing up 90% 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 Portugal (+51.9% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($228M), Germany ($124M) and the Netherlands ($110M) were the countries with the highest levels of exports in 2018, together comprising 56% of total exports. Spain, France, Italy and Portugal lagged somewhat behind, together accounting for a further 32%.

Export Prices by Country

The average export price for prepared frozen vegetables in the European Union stood at $1,913 per tonne in 2018, picking up by 5.6% against the previous year. Overall, the prepared frozen vegetables export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 12% year-to-year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was France ($2,457 per tonne), while Portugal ($1,412 per tonne) was amongst the lowest.

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

Imports in the EU

The imports amounted to 376K tonnes in 2018, increasing by 5.9% against the previous year. Overall, prepared frozen vegetables imports continue to indicate remarkable growth. In value terms, prepared frozen vegetables imports amounted to $679M (IndexBox estimates) in 2018.

Imports by Country

The countries with the highest levels of prepared frozen vegetables imports in 2018 were France (70K tonnes), Germany (55K tonnes), Belgium (45K tonnes), the UK (36K tonnes), Portugal (29K tonnes), the Netherlands (28K tonnes), Spain (25K tonnes) and Sweden (19K tonnes), together amounting to 82% 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 Portugal, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($125M), Germany ($91M) and Belgium ($77M) appeared to be the countries with the highest levels of imports in 2018, together accounting for 43% of total imports. These countries were followed by the UK, the Netherlands, Sweden, Portugal and Spain, which together accounted for a further 37%.

Import Prices by Country

In 2018, the prepared frozen vegetables import price in the European Union amounted to $1,806 per tonne, growing by 4.9% against the previous year. Overall, the prepared frozen vegetables import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 11% y-o-y.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Sweden ($2,540 per tonne), while Spain ($1,458 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, Global Trade Daily, News

Global Melon Market Reached $27B, Driven By Rising Demand in China

February 5th, 2020 IndexBox Leave a comment

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

The global melon market revenue amounted to $27.4B in 2018, increasing by 2.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.1% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the global melon market attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Consumption By Country

The country with the largest volume of melon consumption was China (17M tonnes), comprising approx. 53% of total volume. Moreover, melon consumption in China exceeded the figures recorded by the second-largest consumer, Turkey (1.8M tonnes), tenfold. Iran (1.6M tonnes) ranked third in terms of total consumption with a 4.8% share.

In China, melon consumption increased at an average annual rate of +1.9% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Turkey (+0.9% per year) and Iran (-2.3% per year).

In value terms, China ($15.1B) led the market, alone. The second position in the ranking was occupied by Turkey ($1.3B). It was followed by Egypt.

In 2018, the highest levels of melon per capita consumption was registered in Kazakhstan (50 kg per person), followed by Turkey (22 kg per person), Iran (19 kg per person) and Morocco (15 kg per person), while the world average per capita consumption of melon was estimated at 4.25 kg per person.

Market Forecast 2019-2025

Driven by increasing demand for melon worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.9% for the period from 2018 to 2030, which is projected to bring the market volume to 36M tonnes by the end of 2030.

Production 2007-2018

Global melon production totaled 33M tonnes in 2018, going up by 1.6% against the previous year. Over the period under review, melon production continues to indicate a modest growth. The general positive trend in terms of melon output was largely conditioned by a modest expansion of the harvested area and a mild increase in yield figures.

Production By Country

China (17M tonnes) constituted the country with the largest volume of melon production, comprising approx. 53% of total volume. Moreover, melon production in China exceeded the figures recorded by the second-largest producer, Turkey (1.8M tonnes), tenfold. The third position in this ranking was occupied by Iran (1.6M tonnes), with a 4.7% share.

In China, melon production expanded at an average annual rate of +1.9% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Turkey (+0.9% per year) and Iran (-2.3% per year).

Harvested Area 2007-2018

In 2018, the global melon harvested area amounted to 1.2M ha, therefore, remained relatively stable against the previous year. Overall, the melon harvested area, however, continues to indicate a relatively flat trend pattern.

Yield 2007-2018

In 2018, the global average yield of melons amounted to 27 tonne per ha, therefore, remained relatively stable against the previous year. The yield figure increased at an average annual rate of +1.3% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review.

Exports 2007-2018

In 2018, the global exports of melons stood at 2.3M tonnes, rising by 8.6% against the previous year. Over the period under review, melon exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 8.6% y-o-y. In that year, global melon exports reached their peak and are likely to continue its growth in the immediate term. In value terms, melon exports stood at $1.9B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Spain (405K tonnes) and Guatemala (397K tonnes) were the largest exporters of melonsin the world, together accounting for approx. 34% of total exports. Honduras (254K tonnes) occupied an 11% share (based on tonnes) of total exports, which put it in second place, followed by Brazil (10%), the U.S. (8.7%), the Netherlands (6.8%), Costa Rica (5.7%) and Mexico (5.7%).

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest melon supplying countries worldwide were Spain ($361M), Guatemala ($236M) and Honduras ($189M), with a combined 42% share of global exports.

Export Prices by Country

The average melon export price stood at $800 per tonne in 2018, lowering by -4.4% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 12% year-to-year. In that year, the average export prices for melons reached their peak level of $838 per tonne, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($1,155 per tonne), while Guatemala ($594 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, the amount of melons imported worldwide amounted to 2.1M tonnes, stabilizing at the previous year. Overall, melon imports, however, continue to indicate a relatively flat trend pattern. In value terms, melon imports stood at $1.8B (IndexBox estimates) in 2018.

Imports by Country

The U.S. represented the main importer of melons imported in the world, with the volume of imports recording 655K tonnes, which was approx. 30% of total imports in 2018. The Netherlands (205K tonnes) ranks second in terms of the total imports with a 9.5% share, followed by France (8.5%), the UK (8%), Canada (7.4%) and Germany (6.2%). Spain (86K tonnes), Portugal (62K tonnes), Belgium (40K tonnes), Switzerland (33K tonnes), Italy (33K tonnes) and Mexico (33K tonnes) occupied minor shares of total imports.

The U.S. experienced a relatively flat trend pattern with regard to volume of imports of melons imports. At the same time, Mexico (+7.1%), Switzerland (+3.2%), France (+2.7%), Spain (+2.3%), the Netherlands (+1.8%) and Portugal (+1.3%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer imported in the world, with a CAGR of +7.1% from 2007-2018. Italy and Canada experienced a relatively flat trend pattern. By contrast, Germany (-1.3%), the UK (-1.9%) and Belgium (-2.5%) illustrated a downward trend over the same period.

In value terms, the U.S. ($403M) constitutes the largest market for imported melons worldwide, comprising 22% of global imports. The second position in the ranking was occupied by France ($197M), with a 11% share of global imports. It was followed by the Netherlands, with a 10% share.

Import Prices by Country

The average melon import price stood at $857 per tonne in 2018, picking up by 5.5% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.6%.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($1,461 per tonne), while the U.S. ($615 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, Global Trade Daily, News

Sweetened Condensed And Evaporated Milk Market in the EU Remains Robust

February 3rd, 2020 IndexBox Leave a comment

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

The revenue of the market for condensed or evaporated milk (sweetened) in the European Union amounted to $705M in 2018, rising by 2.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Market value continues to increase for the third consecutive year.

Consumption By Country in the EU

The countries with the highest volumes of consumption of condensed or evaporated milk (sweetened) in 2018 were the UK (101K tonnes), the Netherlands (54K tonnes) and Germany (32K tonnes), together comprising 58% of total consumption. France, Spain, Sweden, the Czech Republic, Austria, Portugal, Belgium, Poland and Lithuania lagged somewhat behind, together accounting for a further 35%.

From 2007 to 2018, the most notable rate of growth in terms of consumption of condensed or evaporated milk (sweetened), amongst the main consuming countries, was attained by Lithuania, while consumption of condensed or evaporated milk (sweetened) for the other leaders experienced more modest paces of growth.

In value terms, Germany ($289M) led the market, alone. The second position in the ranking was occupied by the Netherlands ($83M). It was followed by France.

The countries with the highest levels of sweetened condensed and evaporated milk per capita consumption in 2018 were the Netherlands (3,166 kg per 1000 persons), Lithuania (1,771 kg per 1000 persons) and the UK (1,512 kg per 1000 persons).

Production in the EU

The volume of production of condensed or evaporated milk (sweetened) totaled 406K tonnes in 2018, jumping by 3.3% against the previous year. The total output volume increased at an average annual rate of +1.5% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The volume of production of condensed or evaporated milk (sweetened) peaked in 2018 and is likely to continue its growth in the near future.

Production By Country in the EU

The countries with the highest volumes of production of sweetened condensed or evaporated milk in 2018 were the Netherlands (100K tonnes), the UK (78K tonnes) and Belgium (61K tonnes), together accounting for 59% of total production. Germany, Spain, Sweden, the Czech Republic and Austria lagged somewhat behind, together comprising a further 32%.

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

Exports in the EU

In 2018, approx. 262K tonnes of sweetened condensed or evaporated milk were exported in the European Union; increasing by 11% against the previous year. In general, exports of sweetened condensed or evaporated milk continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 25% against the previous year. Over the period under review, exports of condensed or evaporated milk (sweetened) attained their maximum in 2018 and are expected to retain its growth in the near future. In value terms, exports of condensed or evaporated milk (sweetened) totaled $617M (IndexBox estimates) in 2018.

Exports by Country

The Netherlands (81K tonnes) and Belgium (62K tonnes) represented roughly 55% of total exports of condensed or evaporated milk (sweetened) in 2018. Spain (33K tonnes) ranks next in terms of the total exports with a 13% share, followed by Germany (12%). France (11,077 tonnes), the UK (10,134 tonnes), Denmark (7,417 tonnes), Lithuania (5,182 tonnes) and Poland (4,974 tonnes) occupied a little share of total exports.

In value terms, the Netherlands ($212M), Belgium ($161M) and Spain ($67M) constituted the countries with the highest levels of exports in 2018, with a combined 71% share of total exports. These countries were followed by Germany, France, Denmark, the UK, Poland and Lithuania, which together accounted for a further 23%.

Export Prices by Country

The export price for sweetened condensed or evaporated milk in the European Union stood at $2,357 per tonne in 2018, surging by 6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Denmark ($2,969 per tonne), while the UK ($1,852 per tonne) was amongst the lowest.

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

Imports in the EU

The volume of imports stood at 180K tonnes in 2018, jumping by 9.1% against the previous year. The total imports indicated noticeable growth from 2007 to 2018: its volume increased at an average annual rate of +3.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, imports of condensed or evaporated milk (sweetened) increased by +29.1% against 2014 indices. Over the period under review, imports of condensed or evaporated milk (sweetened) reached their maximum in 2018 and are expected to retain its growth in the immediate term. In value terms, imports of condensed or evaporated milk (sweetened) stood at $357M (IndexBox estimates) in 2018.

Imports by Country

The Netherlands (35K tonnes), the UK (33K tonnes) and France (31K tonnes) represented roughly 55% of total imports of condensed or evaporated milk (sweetened) in 2018. Spain (15K tonnes) took an 8.1% share (based on tonnes) of total imports, which put it in second place, followed by Germany (6.4%). Belgium (7,673 tonnes), Portugal (6,891 tonnes), Ireland (5,599 tonnes), Poland (5,262 tonnes), Greece (5,054 tonnes), Italy (4,155 tonnes) and Lithuania (3,701 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 Lithuania, while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($70M), France ($66M) and the Netherlands ($52M) constituted the countries with the highest levels of imports in 2018, together comprising 53% of total imports. These countries were followed by Spain, Germany, Belgium, Portugal, Italy, Poland, Greece, Ireland and Lithuania, which together accounted for a further 39%.

Import Prices by Country

The import price for condensed or evaporated milk (sweetened) in the European Union stood at $1,983 per tonne in 2018, standing approx. at the previous year. Overall, the import price for condensed or evaporated milk (sweetened) continues to indicate a slight descent.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($2,562 per tonne), while the Netherlands ($1,489 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, Uncategorized

Preserved Sweet Corn Market in the EU To Continue Moderate Growth

February 3rd, 2020 IndexBox Leave a comment

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

The revenue of the preserved sweet corn market in the European Union amounted to $465M in 2018, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.2% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review.

Consumption By Country in the EU

The countries with the highest volumes of preserved sweet corn consumption in 2018 were the UK (69K tonnes), France (67K tonnes) and Germany (66K tonnes), with a combined 59% share of total consumption. Spain, Italy, Sweden, the Netherlands, Poland, Denmark, Austria, Belgium and Romania lagged somewhat behind, together accounting for a further 33%.

From 2007 to 2018, the most notable rate of growth in terms of preserved sweet corn consumption, amongst the main consuming countries, was attained by Italy, while preserved sweet corn consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved sweet corn markets in the European Union were the UK ($95M), France ($91M) and Germany ($82M), with a combined 58% share of the total market. Spain, Sweden, Italy, the Netherlands, Poland, Denmark, Austria, Belgium and Romania lagged somewhat behind, together comprising a further 34%.

The countries with the highest levels of preserved sweet corn per capita consumption in 2018 were Sweden (1,781 kg per 1000 persons), Denmark (1,267 kg per 1000 persons) and the UK (1,028 kg per 1000 persons).

Market Forecast 2019-2025 in the EU

Driven by increasing demand for preserved sweet corn in the European Union, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.8% for the period from 2018 to 2025, which is projected to bring the market volume to 392K tonnes by the end of 2025.

Production in the EU

In 2018, the production of sweet corn prepared or preserved in the European Union stood at 369K tonnes, surging by 1.8% against the previous year. The total output volume increased at an average annual rate of +3.0% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when production volume increased by 13% year-to-year. Over the period under review, preserved sweet corn production attained its maximum volume in 2018 and is expected to retain its growth in the near future.

Exports in the EU

In 2018, the preserved sweet corn exports in the European Union stood at 411K tonnes, rising by 13% against the previous year. The total export volume increased at an average annual rate of +2.9% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. In value terms, preserved sweet corn exports amounted to $522M (IndexBox estimates) in 2018.

Exports by Country

Hungary represented the major exporter of sweet corn prepared or preserved exported in the European Union, with the volume of exports finishing at 203K tonnes, which was near 49% of total exports in 2018. France (132K tonnes) occupied the second position in the ranking, distantly followed by Spain (26K tonnes) and Belgium (20K tonnes). All these countries together took approx. 43% share of total exports. Germany (10K 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 Spain, while exports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($228M), France ($171M) and Spain ($43M) were the countries with the highest levels of exports in 2018, with a combined 85% share of total exports.

Export Prices by Country

The preserved sweet corn export price in the European Union stood at $1,268 per tonne in 2018, remaining constant against the previous year. Over the period under review, the preserved sweet corn export price continues to indicate a slight reduction.

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($1,692 per tonne), while Hungary ($1,125 per tonne) was 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 a decline in the export price figures.

Imports in the EU

In 2018, approx. 387K tonnes of sweet corn prepared or preserved were imported in the European Union; picking up by 13% against the previous year. The total import volume increased at an average annual rate of +2.3% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. In value terms, preserved sweet corn imports amounted to $510M (IndexBox estimates) in 2018.

Imports by Country

The imports of the three major importers of sweet corn prepared or preserved, namely Germany, the UK and Spain, represented more than half of total import. France (32K tonnes) occupied the next position in the ranking, followed by Belgium (26K tonnes), Italy (24K tonnes), the Netherlands (19K tonnes), Sweden (18K tonnes) and Poland (18K tonnes). All these countries together occupied near 35% share of total imports. Denmark (7,702 tonnes) followed a long way behind the leaders.

In value terms, the largest preserved sweet corn importing markets in the European Union were the UK ($97M), Germany ($94M) and Spain ($68M), together accounting for 51% of total imports. These countries were followed by Belgium, Italy, France, Sweden, the Netherlands, Poland and Denmark, which together accounted for a further 38%.

Import Prices by Country

The preserved sweet corn import price in the European Union stood at $1,318 per tonne in 2018, rising by 3.4% against the previous year. Overall, the preserved sweet corn import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for sweet corn prepared or preserved attained their peak figure at $1,525 per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Sweden ($1,624 per tonne), while France ($1,017 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, EU Trade, Global Trade Daily

Smoked Salmon Market in the EU Reached $4.2B and Is Set To Expand Further

February 2nd, 2020 IndexBox Leave a comment

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

The revenue of the smoked salmon market in the European Union amounted to $4.2B in 2018, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.0% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the smoked salmon market reached its maximum level in 2018 and is likely to continue its growth in the near future.

Consumption By Country in the EU

The countries with the highest volumes of smoked salmon consumption in 2018 were Germany (40K tonnes), the UK (22K tonnes) and France (18K tonnes), together comprising 39% of total consumption.

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

In value terms, France ($694M), Germany ($661M) and the UK ($637M) were the countries with the highest levels of market value in 2018, with a combined 48% share of the total market.

The countries with the highest levels of smoked salmon per capita consumption in 2018 were Denmark (1,303 kg per 1000 persons), Belgium (745 kg per 1000 persons) and the Netherlands (594 kg per 1000 persons).

Market Forecast 2019-2025 in the EU

Driven by rising demand for smoked salmon in the European Union, the market is expected to continue an upward consumption trend over the next seven-year period. The performance of the market is forecast to increase moderately, with an anticipated CAGR of +1.5% for the period from 2018 to 2025, which is projected to bring the market volume to 232K tonnes by the end of 2025.

Production in the EU

In 2018, approx. 223K tonnes of smoked pacific, atlantic and danube salmon were produced in the European Union; approximately mirroring the previous year. Overall, smoked salmon production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 7% y-o-y.

Production By Country in the EU

Poland (57K tonnes) constituted the country with the largest volume of smoked salmon production, comprising approx. 26% of total volume. Moreover, smoked salmon production in Poland exceeded the figures recorded by the second-largest producer, the UK (23K tonnes), twofold. The third position in this ranking was occupied by Lithuania (19K tonnes), with a 8.4% share.

In Poland, smoked salmon production expanded at an average annual rate of +1.5% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (+5.9% per year) and Lithuania (+8.7% per year).

Exports in the EU

In 2018, approx. 110K tonnes of smoked pacific, atlantic and danube salmon were exported in the European Union; surging by 6.2% against the previous year. The total exports indicated resilient growth from 2007 to 2018: its volume increased at an average annual rate of +5.7% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, smoked salmon exports reached their peak figure at 111K tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum. In value terms, smoked salmon exports amounted to $2B (IndexBox estimates) in 2018.

Exports by Country

Poland was the major exporter of smoked pacific, atlantic and danube salmon exported in the European Union, with the volume of exports accounting for 46K tonnes, which was approx. 42% of total exports in 2018. Lithuania (17,147 tonnes) held a 16% share (based on tonnes) of total exports, which put it in second place, followed by Germany (12%), Denmark (7%), the Netherlands (4.8%) and the UK (4.6%). France (4,161 tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to smoked salmon exports from Poland stood at +6.5%. At the same time, Lithuania (+10.2%), the Netherlands (+9.0%), Germany (+6.0%), the UK (+1.6%) and France (+1.4%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +10.2% from 2007-2018. Denmark experienced a relatively flat trend pattern.

In value terms, Poland ($800M) remains the largest smoked salmon supplier in the European Union, comprising 41% of total smoked salmon exports. The second position in the ranking was occupied by Lithuania ($297M), with a 15% share of total exports. It was followed by Germany, with a 13% share.

Export Prices by Country

In 2018, the smoked salmon export price in the European Union amounted to $17,657 per tonne, standing approx. at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2017 when the export price increased by 18% year-to-year. In that year, the export prices for smoked pacific, atlantic and danube salmon attained their peak level of $17,917 per tonne, and then declined slightly in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in the Netherlands ($19,500 per tonne) and Denmark ($18,414 per tonne), while the UK ($13,242 per tonne) and Lithuania ($17,300 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, approx. 96K tonnes of smoked pacific, atlantic and danube salmon were imported in the European Union; remaining constant against the previous year. The total imports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +7.3% over the last eleven years. The volume of imports peaked at 100K tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure. In value terms, smoked salmon imports stood at $1.6B (IndexBox estimates) in 2018.

Imports by Country

Germany was the largest importer of smoked pacific, atlantic and danube salmon imported in the European Union, with the volume of imports resulting at 38K tonnes, which was near 40% of total imports in 2018. It was distantly followed by Italy (17K tonnes), France (9.5K tonnes) and Belgium (6.9K tonnes), together creating a 35% share of total imports. The following importers – the UK (4,228 tonnes), Spain (3,752 tonnes), the Netherlands (3,362 tonnes), Austria (2,826 tonnes), Denmark (2,183 tonnes), Sweden (1,724 tonnes) and Poland (1,646 tonnes) – together made up 21% of total imports.

From 2007 to 2018, average annual rates of growth with regard to smoked salmon imports into Germany stood at +7.0%. At the same time, Poland (+20.4%), the UK (+19.8%), Spain (+13.8%), Sweden (+8.8%), France (+7.9%), Italy (+7.5%), the Netherlands (+7.0%), Denmark (+4.9%), Belgium (+3.5%) and Austria (+3.5%) displayed positive paces of growth.

In value terms, Germany ($644M) constitutes the largest market for imported smoked pacific, atlantic and danube salmon in the European Union, comprising 39% of total smoked salmon imports. The second position in the ranking was occupied by Italy ($294M), with a 18% share of total imports. It was followed by France, with a 11% share.

Import Prices by Country

In 2018, the smoked salmon import price in the European Union amounted to $17,170 per tonne, rising by 3.3% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.6%.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($21,395 per tonne), while Spain ($11,716 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform