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The European Sweet Potato Market Features Record Import Growth

sweet potato
Archives, EU Trade, Global Trade Daily

The European Sweet Potato Market Features Record Import Growth

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

Sweet potato imports in the Netherlands, Germany and Spain are gaining momentum. From 2018 to 2020, imports to Germany increased by 20% and reached 47.4K tonnes. Over the same period, supplies to Spain tripled from 3.8K to 15.3K tonnes, while imports to the Netherlands rose by 44% and peaked at 174K tonnes. In 2020, the Netherlands overcame the UK and emerged as the top sweet potato importer. 

Global Sweet Potato Imports

In 2020, approx. 755K tonnes of sweet potato were imported worldwide; picking up by 6.9% on 2019 figures. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 28% y-o-y (IndexBox estimates). Global imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, sweet potato imports expanded significantly to $687M in 2020. In general, imports posted a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of 26% year-to-year. Over the period under review, global imports hit record highs in 2020 and are expected to retain growth in the near future.

Sweet Potato Imports by Country

The Netherlands (174K tonnes) and the UK (159K tonnes) were the major importers of sweet potato in 2020, recording near 23% and 21% of total imports, respectively. Canada (76K tonnes) took a 10% share (based on tonnes) of total imports, which put it in second place, followed by France (7.1%), Germany (6.3%) and Belgium (5.7%). The following importers – Spain (15K tonnes), the U.S. (15K tonnes), Italy (15K tonnes), Malaysia (15K tonnes), Japan (13K tonnes) and Lao People’s Democratic Republic (12K tonnes) – each reached an 11% share of total imports.

In value terms, the largest sweet potato importing markets worldwide were the Netherlands ($152M), the UK ($119M) and Canada ($65M), together comprising 49% of global imports. These countries were followed by Germany, France, Belgium, Japan, the U.S., Spain, Lao People’s Democratic Republic, Malaysia and Italy, which together accounted for a further 32%.

In 2020, the average sweet potato import price amounted to $909 per tonne, almost unchanged from the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +1.4%. There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($1,337 per tonne), while Italy ($582 per tonne) was amongst the lowest.

Source: IndexBox Platform

polycarboxylic acid
Archives, Global Trade Daily, Imports/Exports

Global Polycarboxylic Acid Market Rose 3.5% to $42.8B

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

The global polycarboxylic acid market revenue amounted to $42.8B in 2018, rising by 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, the global polycarboxylic acid consumption peaked at $45.5B in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Global Polycarboxylic Acid Trade 2014-2018

In 2018, the global polycarboxylic acid exports amounted to 13M tonnes, surging by 9.1% against the previous year. The total export volume increased at an average annual rate of +1.1% from 2014 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 9.1% y-o-y. In that year, global polycarboxylic acid exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, polycarboxylic acid exports totaled $15B (IndexBox estimates) in 2018. Over the period under review, global polycarboxylic acid exports reached their peak figure at $16.1B in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, South Korea (2.9M tonnes), distantly followed by China (1.5M tonnes), Taiwan (1.4M tonnes), Thailand (1M tonnes), Belgium (1M tonnes) and Mexico (0.7M tonnes) represented the key exporters of polycarboxylic acids, together making up 66% of total exports. The following exporters – Canada (494K tonnes), the Netherlands (493K tonnes), Poland (381K tonnes), India (361K tonnes), Spain (351K tonnes) and Germany (312K tonnes) – accounted for 19% of world exports.

From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest polycarboxylic acid supplying countries worldwide were South Korea ($3B), China ($2.1B) and Taiwan, Chinese ($1.4B), with a combined 43% share of global exports. These countries were followed by Belgium, Thailand, the Netherlands, Mexico, Canada, Germany, Spain, India and Poland, which together accounted for a further 35%.

Export Prices by Country

In 2018, the average polycarboxylic acid export price amounted to $1,165 per tonne, surging by 2.4% against the previous year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($1,443 per tonne), while Mexico ($761 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced a decline in the export price figures.

Source: IndexBox AI Platform

nitrogenous fertilizer
Archives, Global Trade Daily, News

Nitrogenous Fertilizer Market in Asia-Pacific – China Remains the Largest Supplier in the Region, with 62% of Total Exports

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IndexBox has just published a new report: ‘Asia-Pacific – Nitrogenous Fertilizers (Mineral Or Chemical) – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the nitrogenous fertilizer market in Asia-Pacific amounted to $30B 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).

Exports in Asia-Pacific

In 2018, the amount of nitrogenous fertilizers (mineral or chemical) exported in Asia-Pacific amounted to 15M tonnes, an increase of 8% against the previous year. Over the period under review, nitrogenous fertilizer exports, however, continue to indicate a slight deduction. The pace of growth was the most pronounced in 2014 when exports increased by 35% against the previous year. The volume of exports peaked at 24M tonnes in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, nitrogenous fertilizer exports stood at $3.4B (IndexBox estimates) in 2018.

Exports by Country

China represented the major exporter of nitrogenous fertilizers (mineral or chemical) in Asia-Pacific, with the volume of exports accounting for 10M tonnes, which was near 66% of total exports in 2018. Malaysia (1.8M tonnes) held the second position in the ranking, followed by Indonesia (1.2M tonnes) and South Korea (0.9M tonnes). All these countries together took approx. 25% share of total exports. Taiwan, Chinese (471K tonnes) and Japan (303K tonnes) held a little share of total exports.

Exports from China decreased at an average annual rate of -3.0% from 2013 to 2018. At the same time, Taiwan, Chinese (+15.2%), Malaysia (+11.6%) and South Korea (+1.6%) displayed positive paces of growth. Moreover, Taiwan emerged as the fastest-growing exporter in Asia-Pacific, with a CAGR of +15.2% from 2013-2018. By contrast, Indonesia (-5.2%) and Japan (-12.2%) illustrated a downward trend over the same period. Malaysia (+4.9 p.p.) and Taiwan, Chinese (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Japan, Indonesia and China saw its share reduced by -1.8%, -2.3% and -11% from 2013 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($2.1B) remains the largest nitrogenous fertilizer supplier in Asia-Pacific, comprising 62% of total nitrogenous fertilizer exports. The second position in the ranking was occupied by Malaysia ($493M), with a 15% share of total exports. It was followed by Indonesia, with a 9.8% share.

Export Prices by Country

The nitrogenous fertilizer export price in Asia-Pacific stood at $218 per tonne in 2018, increasing by 2.7% against the previous year.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($283 per tonne), while Taiwan ($110 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced a decline in the export price figures.

Imports in Asia-Pacific

The imports totaled 23M tonnes in 2018, jumping by 10% against the previous year. Over the period under review, nitrogenous fertilizer imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 11% against the previous year. In that year, nitrogenous fertilizer imports reached their peak of 26M tonnes. From 2016 to 2018, the growth of nitrogenous fertilizer imports failed to regain its momentum.

In value terms, nitrogenous fertilizer imports amounted to $5.7B (IndexBox estimates) in 2018.

Imports by Country

India represented the key importer of nitrogenous fertilizers (mineral or chemical) in Asia-Pacific, with the volume of imports resulting at 6.2M tonnes, which was near 27% of total imports in 2018. Australia (2.8M tonnes) ranks second in terms of the total imports with a 12% share, followed by Thailand (11%), the Philippines (7.7%), Viet Nam (7.2%), Indonesia (6.6%) and Malaysia (5.7%). South Korea (868K tonnes), New Zealand (804K tonnes), Bangladesh (764K tonnes), Myanmar (693K tonnes) and Japan (536K tonnes) followed a long way behind the leaders.

From 2013 to 2018, average annual rates of growth with regard to nitrogenous fertilizer imports into India stood at -6.9%. At the same time, Myanmar (+24.8%), the Philippines (+12.7%), Japan (+8.7%), Indonesia (+6.8%), Australia (+4.3%), New Zealand (+1.3%) and Bangladesh (+1.1%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer in Asia-Pacific, with a CAGR of +24.8% from 2013-2018. South Korea and Thailand experienced a relatively flat trend pattern. By contrast, Malaysia (-1.8%) and Viet Nam (-4.2%) illustrated a downward trend over the same period. While the share of the Philippines (+3.5 p.p.), Australia (+2.3 p.p.), Myanmar (+2 p.p.) and Indonesia (+1.8 p.p.) increased significantly in terms of the total imports from 2013-2018, the share of Viet Nam (-1.7 p.p.) and India (-11.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($1.7B) constitutes the largest market for imported nitrogenous fertilizers (mineral or chemical) in Asia-Pacific, comprising 30% of total nitrogenous fertilizer imports. The second position in the ranking was occupied by Thailand ($744M), with a 13% share of total imports. It was followed by Australia, with a 11% share.

Import Prices by Country

In 2018, the nitrogenous fertilizer import price in Asia-Pacific amounted to $247 per tonne, picking up by 11% 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 South Korea ($318 per tonne), while Indonesia ($162 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Tobacco Market
Archives, Global Trade Daily, News

Global Unmanufactured Tobacco Market – Exports form Brazil Declined for the Sixth Year in a Row to $1.9B in 2018

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

Brazil, the world’s largest supplier of tobacco, is plagued by falling demand. Exports from this country have been steadily declining for six consecutive years, from $ 3.2 billion in 2012 to $ 1.9 billion in 2018.

From 2007-2018, the global market rose at an average annual rate of +2.0% to reach $24.6B. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Consumption by Country

China (2.2M tonnes) remains the largest unmanufactured tobacco consuming country worldwide, accounting for 35% of total volume. Moreover, unmanufactured tobacco consumption in China exceeded the figures recorded by the second-largest consumer, India (565K tonnes), fourfold. Brazil (321K tonnes) ranked third in terms of total consumption with a 5.1% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in China was relatively modest. In the other countries, the average annual rates were as follows: India (+4.3% per year) and Brazil (+2.8% per year).

Exports 2007-2018

In 2018, approx. 2.5M tonnes of tobacco (unmanufactured) were exported worldwide; reducing by -1.7% against the previous year. Overall, unmanufactured tobacco exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when exports increased by 6.6% against the previous year. The global exports peaked at 2.8M tonnes in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco exports stood at $11.4B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Brazil (449K tonnes), distantly followed by Belgium (228K tonnes), China (203K tonnes), India (186K tonnes), Malawi (173K tonnes), Zimbabwe (172K tonnes) and the U.S. (153K tonnes) were the main exporters of tobacco (unmanufactured), together achieving 63% of total exports. Italy (75K tonnes), Mozambique (70K tonnes), Turkey (68K tonnes), Argentina (64K tonnes) and Germany (59K tonnes) occupied a minor 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 Belgium, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Brazil ($1.9B), Belgium ($1.2B) and the U.S. ($1B) appeared to be the countries with the highest levels of exports in 2018, together comprising 36% of global exports.

Belgium experienced the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average unmanufactured tobacco export price stood at $4,582 per tonne in 2018, therefore, remained relatively stable against the previous year. Over the last eleven years, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2008 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices for tobacco (unmanufactured) reached their peak figure at $4,874 per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($7,076 per tonne), while India ($3,249 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 global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

ferro chromium
Archives, Global Trade Daily, Imports/Exports

Global Ferro-Chromium Exports Peaked at $9B

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

Exports 2007-2018

In 2018, approx. 7.2M tonnes of ferro-chromium were exported worldwide; going up by 6.2% against the previous year. The total export volume increased at an average annual rate of +1.2% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2010 with an increase of 26% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term. In value terms, ferro-chromium exports totaled $9B (IndexBox estimates) in 2018.

Exports by Country

South Africa represented the largest exporter of ferro-chromium exported in the world, with the volume of exports reaching 3.7M tonnes, which was near 51% of total exports in 2018. Kazakhstan (1,313K tonnes) ranks second in terms of the total exports with a 18% share, followed by India (11%). Finland (282K tonnes), Russia (278K tonnes), Zimbabwe (247K tonnes) and Turkey (119K tonnes) held a minor share of total exports.

Exports from South Africa increased at an average annual rate of +1.9% from 2007 to 2018. At the same time, Finland (+9.9%), India (+5.9%), Turkey (+2.5%) and Zimbabwe (+2.2%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.9% from 2007-2018. Kazakhstan experienced a relatively flat trend pattern. By contrast, Russia (-2.0%) illustrated a downward trend over the same period.

In value terms, the largest ferro-chromium supplying countries worldwide were South Africa ($3.6B), Kazakhstan ($2B) and India ($1.1B), together accounting for 74% of global exports. These countries were followed by Russia, Finland, Zimbabwe and Turkey, which together accounted for a further 16%.

Export Prices by Country

The average ferro-chromium export price stood at $1,261 per tonne in 2018, increasing by 5.2% against the previous year. Over the period under review, the export price indicated a mild expansion from 2007 to 2018: its price increased at an average annual rate of +1.7% over the last eleven-year period.

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($2,322 per tonne), while South Africa ($988 per tonne) was amongst the lowest.

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

Imports 2007-2018

Global imports amounted to 7.1M tonnes in 2018, jumping by 3.6% against the previous year. Over the period under review, ferro-chromium imports continue to indicate a relatively flat trend pattern. Over the period under review, global ferro-chromium imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term. In value terms, ferro-chromium imports stood at $9.2B (IndexBox estimates) in 2018.

Imports by Country

In 2018, China (1.8M tonnes), distantly followed by the U.S. (829K tonnes), Japan (788K tonnes), South Korea (595K tonnes), the United Arab Emirates (441K tonnes) and Belgium (349K tonnes) represented the major importers of ferro-chromium, together achieving 67% of total imports. Mozambique (317K tonnes), Italy (301K tonnes), Taiwan, Chinese (284K tonnes), Germany (279K tonnes), Spain (197K tonnes) and Indonesia (189K tonnes) took a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to ferro-chromium imports into China stood at +3.3%. At the same time, the United Arab Emirates (+58.1%), Indonesia (+56.3%), the U.S. (+7.1%) and South Korea (+3.2%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +58.1% from 2007-2018. By contrast, Spain (-1.3%), Japan (-1.8%), Belgium (-2.5%), Italy (-3.0%), Taiwan, Chinese (-4.0%), Germany (-4.8%) and Mozambique (-5.7%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, the U.S., the United Arab Emirates, Indonesia and South Korea increased by +7.5%, +6.2%, +6.2%, +2.6% and +2.4% percentage points, while Belgium (-1.6 p.p.), Italy (-1.7 p.p.), Taiwan, Chinese (-2.3 p.p.), Japan (-2.5 p.p.), Germany (-2.8 p.p.) and Mozambique (-4 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.8B), Japan ($1.2B) and the U.S. ($1.2B) constituted the countries with the highest levels of imports in 2018, together accounting for 47% of global imports. These countries were followed by South Korea, Germany, Taiwan, Chinese, Belgium, the United Arab Emirates, Italy, Mozambique, Spain and Indonesia, which together accounted for a further 39%.

Import Prices by Country

In 2018, the average ferro-chromium import price amounted to $1,288 per tonne, flattening at the previous year. Over the period under review, the import price indicated measured growth from 2007 to 2018: its price increased at an average annual rate of +2.5% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ferro-chromium import price increased by +35.2% against 2016 indices.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($1,757 per tonne), while Mozambique ($824 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

ethanol
Archives, Global Trade Daily, News

Global Ethanol Market – the U.S. Emerged as the World’s Largest and Fastest-growing Supplier

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

Global Ethyl Alcohol Trade 2007-2018

In 2018, the amount of ethyl alcohol exported worldwide amounted to 17B litres, going up by 24% against the previous year. In general, the total exports indicated prominent growth from 2007 to 2018: its volume increased at an average annual rate of +7.9% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ethanol exports increased by +79.8% against 2014 indices. The growth pace was the most rapid in 2011 with an increase of 47% against the previous year. The global exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, ethanol exports stood at $8.7B (IndexBox estimates) in 2018. In general, the total exports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +7.9% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ethanol exports increased by +21.6% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of 60% year-to-year. In that year, global ethanol exports reached their peak of $9.7B. From 2012 to 2018, the growth of global ethanol exports failed to regain its momentum.

Exports by Country

The U.S. was the largest exporter of ethyl alcohol exported in the world, with the volume of exports finishing at 7.8B litres, which was approx. 45% of total exports in 2018. It was distantly followed by Brazil (1.6B litres), the Netherlands (1.2B litres), France (0.9B litres) and Pakistan (0.8B litres), together generating a 27% share of total exports. Hungary (550M litres), Belgium (535M litres), the UK (449M litres), Germany (432M litres) and South Africa (278M litres) held a relatively small share of total exports.

The U.S. was also the fastest-growing in terms of the ethyl alcohol exports, with a CAGR of +25.6% from 2007 to 2018. At the same time, Hungary (+22.6%), the Netherlands (+10.9%), Pakistan (+10.6%), Germany (+9.4%), Belgium (+7.6%), the UK (+7.4%), France (+6.7%) and South Africa (+3.9%) displayed positive paces of growth.

By contrast, Brazil (-4.0%) illustrated a downward trend over the same period. The U.S. (+42 p.p.), the Netherlands (+4.9 p.p.), Pakistan (+3 p.p.), Hungary (+2.8 p.p.), France (+2.8 p.p.), Belgium (+1.7 p.p.) and Germany (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while Brazil saw its share reduced by -5.3% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($2.8B) remains the largest ethanol supplier worldwide, comprising 32% of global exports. The second position in the ranking was occupied by Brazil ($892M), with a 10% share of global exports. It was followed by the Netherlands, with a 9.4% share.

Imports by Country

In 2018, Brazil (2,270M litres), Canada (1,626M litres), Germany (1,321M litres), the U.S. (1,318M litres), the Netherlands (1,056M litres), Japan (875M litres), the UK (683M litres), India (571M litres), South Korea (422M litres), the Philippines (415M litres), the United Arab Emirates (383M litres) and France (271M litres) was the largest importer of ethyl alcohol imported in the world, committing 74% 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 Brazil, while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($832M), Brazil ($777M) and the U.S. ($705M) constituted the countries with the highest levels of imports in 2018, with a combined 28% share of global imports. The Netherlands, Canada, Japan, the UK, India, the Philippines, South Korea, France and the United Arab Emirates lagged somewhat behind, together comprising a further 40%.

The Philippines recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average ethanol import price stood at $0.5 per litre in 2018, waning by -13.1% against the previous year. Over the period under review, the ethanol import price continues to indicate a mild contraction. The growth pace was the most rapid in 2011 when the average import price increased by 19% y-o-y. The global import price peaked at $0.8 per litre in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($0.7 per litre), while Brazil ($0.3 per litre) was amongst the lowest.

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

Source: IndexBox AI Platform

dry bean
Archives, Global Trade Daily, Imports/Exports

Global Dry Bean Market 2020 – Key Insights

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

The global dry bean market revenue amounted to $30.1B in 2018, reducing by -2.4% 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, dry bean consumption continues to indicate a relatively flat trend pattern.

The pace of growth appeared the most rapid in 2016 with an increase of 7.7% year-to-year. In that year, the global dry bean market attained its peak level of $31B. From 2017 to 2018, the growth of the global dry bean market remained at a lower figure.

Consumption by Country

The countries with the highest volumes of dry bean consumption in 2018 were India (6.9M tonnes), Myanmar (3.9M tonnes) and Brazil (2.8M tonnes), together accounting for 36% of global consumption. These countries were followed by Nigeria, Niger, the U.S., Tanzania, Mexico, Kenya, Uganda, China and Burkina Faso, which together accounted for a further 34%.

From 2014 to 2018, the most notable rate of growth in terms of dry bean consumption, amongst the main consuming countries, was attained by China, while dry bean consumption for the other global leaders experienced more modest paces of growth.

In value terms, India ($6.9B) led the market, alone. The second position in the ranking was occupied by Myanmar ($2.7B). It was followed by Nigeria.

The countries with the highest levels of dry bean per capita consumption in 2018 were Niger (111 kg per person), Myanmar (72 kg per person) and Burkina Faso (35 kg per person).

Market Forecast to 2030

Driven by increasing demand for dry bean worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.1% for the period from 2018 to 2030, which is projected to bring the market volume to 48M tonnes by the end of 2030.

Production by Country

The countries with the highest volumes of dry bean production in 2018 were India (6.2M tonnes), Myanmar (4.9M tonnes) and Brazil (2.9M tonnes), with a combined 37% share of global production. Nigeria, Niger, the U.S., Tanzania, China, Mexico, Uganda, Kenya and Burkina Faso lagged somewhat behind, together comprising a further 36%.

From 2014 to 2018, the most notable rate of growth in terms of dry bean production, amongst the main producing countries, was attained by Niger, while dry bean production for the other global leaders experienced more modest paces of growth.

Harvested Area 2014-2018

In 2018, approx. 48M ha of beans (dry) were harvested worldwide; going down by -3.2% against the previous year. The harvested area increased at an average annual rate of +2.2% from 2014 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 when harvested area increased by 8.8% year-to-year. Over the period under review, the harvested area dedicated to dry bean production reached its maximum at 49M ha in 2017, and then declined slightly in the following year.

Yield 2014-2018

In 2018, the global average dry bean yield amounted to 788 kg per ha, jumping by 3.9% against the previous year. The yield figure increased at an average annual rate of +1.2% from 2014 to 2018. In 2018, the average dry bean yield reached its peak level and is likely to continue its growth in the immediate term.

Exports 2014-2018

Global exports amounted to 3.9M tonnes in 2018, therefore, remained relatively stable against the previous year.

In value terms, dry bean exports amounted to $3.3B (IndexBox estimates) in 2018.

Exports by Country

Myanmar was the key exporter of beans (dry) exported in the world, with the volume of exports amounting to 1M tonnes, which was approx. 27% of total exports in 2018. The U.S. (439K tonnes) held an 11% share (based on tonnes) of total exports, which put it in second place, followed by China (10%), Argentina (8.9%) and Canada (8.8%). Brazil (162K tonnes), Ethiopia (136K tonnes), Egypt (102K tonnes), Nicaragua (83K tonnes), Australia (75K tonnes) and Kyrgyzstan (75K tonnes) followed a long way behind the leaders.

From 2014 to 2018, average annual rates of growth with regard to dry bean exports from Myanmar stood at +11.1%. At the same time, Brazil (+25.7%), Australia (+24.2%), Kyrgyzstan (+19.2%), Argentina (+8.3%), Egypt (+4.8%), Nicaragua (+4.2%) and Canada (+3.9%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in the world, with a CAGR of +25.7% from 2014-2018. By contrast, the U.S. (-2.5%), China (-5.7%) and Ethiopia (-12.1%) illustrated a downward trend over the same period. Myanmar (+9.1 p.p.), Brazil (+2.5 p.p.) and Argentina (+2.4 p.p.) significantly strengthened its position in terms of the global exports, while Ethiopia and China saw its share reduced by -2.3% and -2.7% from 2014 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dry bean supplying countries worldwide were China ($573M), Myanmar ($570M) and the U.S. ($390M), with a combined 47% share of global exports. Canada, Argentina, Egypt, Brazil, Nicaragua, Ethiopia, Australia and Kyrgyzstan lagged somewhat behind, together comprising a further 34%.

In terms of the main exporting countries, Australia recorded the highest growth rate of the value of exports, over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average dry bean export price stood at $831 per tonne in 2018, shrinking by -6% against the previous year. Over the period under review, the dry bean export price continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2016 an increase of 0.3% against the previous year. Over the period under review, the average export prices for beans (dry) attained their maximum at $1,083 per tonne in 2014; however, from 2015 to 2018, export prices 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 China ($1,422 per tonne), while Myanmar ($548 per tonne) was amongst the lowest.

From 2014 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced a decline in the export price figures.

Source: IndexBox AI Platform

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Archives, Global Trade Daily, News

Cheese and Curd Market in the Middle East – Saudi Arabia Continues to Be the Largest and Fastest Growing Market

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

The revenue of the cheese and curd market in the Middle East amounted to $5.5B in 2018, growing by 5.5% 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).

The market value increased at an average annual rate of +1.1% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014 with an increase of 8.3% against the previous year. In that year, the cheese and curd market attained its peak level of $5.6B. From 2015 to 2018, the growth of the cheese and curd market remained at a lower figure.

Consumption By Country

The countries with the highest volumes of cheese and curd consumption in 2018 were Saudi Arabia (377K tonnes), Iran (237K tonnes) and Turkey (202K tonnes), with a combined 57% share of total consumption.

From 2013 to 2018, the most notable rate of growth in terms of cheese and curd consumption, amongst the main consuming countries, was attained by Saudi Arabia, while cheese and curd consumption for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($1.6B), Israel ($826M) and Turkey ($674M) appeared to be the countries with the highest levels of market value in 2018, with a combined 56% share of the total market.

The countries with the highest levels of cheese and curd per capita consumption in 2018 were Israel (17 kg per person), Lebanon (13 kg per person) and Saudi Arabia (11 kg per person).

Market Forecast to 2030

Driven by increasing demand for cheese and curd in the Middle East, 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 +1.9% for the period from 2018 to 2030, which is projected to bring the market volume to 1.8M tonnes by the end of 2030.

Production in the Middle East

The cheese and curd production stood at 1.1M tonnes in 2018, surging by 4.1% against the previous year. The total output volume increased at an average annual rate of +2.5% over the period from 2013 to 2018.

Production By Country

The countries with the highest volumes of cheese and curd production in 2018 were Turkey (244K tonnes), Iran (238K tonnes) and Saudi Arabia (237K tonnes), together accounting for 68% of total production.

From 2013 to 2018, the most notable rate of growth in terms of cheese and curd production, amongst the main producing countries, was attained by Saudi Arabia, while cheese and curd production for the other leaders experienced more modest paces of growth.

Imports in the Middle East

In 2018, the amount of cheese and curd imported in the Middle East amounted to 510K tonnes, surging by 33% against the previous year. The total import volume increased at an average annual rate of +1.7% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, cheese and curd imports reached their peak figure at 520K tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, cheese and curd imports totaled $2.1B (IndexBox estimates) in 2018.

Imports by Country

Saudi Arabia was the key importer of cheese and curd imported in the Middle East, with the volume of imports resulting at 172K tonnes, which was near 34% of total imports in 2018. Iraq (54K tonnes) occupied an 11% share (based on tonnes) of total imports, which put it in second place, followed by the United Arab Emirates (8.8%), Lebanon (8.3%), Yemen (7.8%), Kuwait (7.5%) and Jordan (6.4%).

From 2013 to 2018, average annual rates of growth with regard to cheese and curd imports into Saudi Arabia stood at +5.1%. At the same time, Jordan (+7.1%), Yemen (+5.6%) and Iraq (+2.5%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +7.1% from 2013-2018. The United Arab Emirates experienced a relatively flat trend pattern. By contrast, Lebanon (-2.0%) and Kuwait (-13.5%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+7.5 p.p.), Jordan (+1.9 p.p.) and Yemen (+1.9 p.p.) increased significantly in terms of the total imports from 2013-2018, the share of Kuwait (-7.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($626M) constitutes the largest market for imported cheese and curd in the Middle East, comprising 30% of total cheese and curd imports. The second position in the ranking was occupied by the United Arab Emirates ($214M), with a 10% share of total imports. It was followed by Iraq, with a 9.9% share.

From 2013 to 2018, the average annual growth rate of value in Saudi Arabia was relatively modest. In the other countries, the average annual rates were as follows: the United Arab Emirates (-3.2% per year) and Iraq (-0.3% per year).

Import Prices by Country

The cheese and curd import price in the Middle East stood at $4,094 per tonne in 2018, shrinking by -3.1% against the previous year. Over the period under review, the cheese and curd import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 4.3% against the previous year. The level of import price peaked at $4,323 per tonne in 2014; however, from 2015 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 Kuwait ($4,929 per tonne), while Yemen ($3,083 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Kuwait, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

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Archives, Global Trade Daily, Imports/Exports

European Fresh Cheese Market – Italy’s Output Doubled Over the Last Five Years

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

The revenue of the fresh cheese market in the European Union amounted to $12.6B 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, fresh cheese consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. Over the period under review, the fresh cheese market attained its maximum level at $14B in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Consumption By Country in the EU

The countries with the highest volumes of fresh cheese consumption in 2018 were Italy (967K tonnes), France (585K tonnes) and Germany (548K tonnes), together accounting for 52% of total consumption. These countries were followed by the UK, Poland, Spain, Belgium, the Netherlands, the Czech Republic and Sweden, which together accounted for a further 37%.

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

In value terms, Italy ($3.8B) led the market, alone. The second position in the ranking was occupied by the UK ($1.7B). It was followed by France.

The countries with the highest levels of fresh cheese per capita consumption in 2018 were Italy (16,290 kg per 1000 persons), Belgium (13,307 kg per 1000 persons) and Poland (10,450 kg per 1000 persons).

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

Market Forecast 2019-2025 in the EU

Driven by increasing demand for fresh cheese in the European Union, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.7% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 4.3M tonnes by the end of 2025.

Production in the EU

In 2018, approx. 4.4M tonnes of fresh cheese were produced in the European Union; going up by 1.6% against the previous year. The total output volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when production volume increased by 11% y-o-y. Over the period under review, fresh cheese production attained its peak figure volume in 2018 and is likely to see steady growth in the immediate term.

In value terms, fresh cheese production amounted to $11.2B in 2018 estimated in export prices. Over the period under review, fresh cheese production continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 15% y-o-y. Over the period under review, fresh cheese production attained its peak figure level at $14.3B in 2008; however, from 2009 to 2018, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of fresh cheese production in 2018 were Germany (928K tonnes), Italy (927K tonnes) and France (688K tonnes), with a combined 58% share of total production. Poland, the UK, Denmark, Belgium, Spain and Lithuania lagged somewhat behind, together accounting for a further 32%.

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

Exports in the EU

In 2018, the fresh cheese exports in the European Union totaled 1.6M tonnes, growing by 2.1% against the previous year. The total exports indicated resilient growth from 2007 to 2018: its volume increased at an average annual rate of +6.1% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fresh cheese exports increased by +91.0% against 2007 indices. The most prominent rate of growth was recorded in 2011 with an increase of 11% against the previous year. Over the period under review, fresh cheese exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, fresh cheese exports amounted to $5.6B (IndexBox estimates) in 2018. The total exports indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +6.1% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fresh cheese exports increased by +30.3% against 2015 indices. The most prominent rate of growth was recorded in 2011 when exports increased by 23% y-o-y. Over the period under review, fresh cheese exports reached their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Germany was the largest exporting country with an export of about 516K tonnes, which resulted at 32% of total exports. It was distantly followed by France (221K tonnes), Denmark (183K tonnes), Italy (181K tonnes), Poland (96K tonnes) and Belgium (86K tonnes), together achieving a 48% share of total exports. The UK (67K tonnes) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +5.5% from 2007 to 2018. At the same time, Belgium (+15.3%), Poland (+7.9%), Italy (+6.9%), Denmark (+6.4%), the UK (+5.9%) and France (+2.2%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter in the European Union, with a CAGR of +15.3% from 2007-2018. From 2007 to 2018, the share of Germany, Italy, Denmark, Belgium, Poland, France and the UK increased by +14%, +5.9%, +5.7%, +4.3%, +3.4%, +3% and +2% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fresh cheese markets in the European Union were Germany ($1.6B), Italy ($964M) and Denmark ($638M), with a combined 58% share of total exports. France, Belgium, Poland and the UK lagged somewhat behind, together comprising a further 25%.

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

Export Prices by Country

The fresh cheese export price in the European Union stood at $3,504 per tonne in 2018, picking up by 2.4% against the previous year. In general, the fresh cheese export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of 18% y-o-y. In that year, the export prices for fresh cheese reached their peak level of $4,179 per tonne. From 2009 to 2018, the growth in terms of the export prices for fresh cheese 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 ($5,330 per tonne), while France ($2,660 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, the amount of fresh cheese imported in the European Union stood at 1.3M tonnes, increasing by 5.4% against the previous year. The total imports indicated remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +5.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fresh cheese imports increased by +76.1% against 2007 indices. The growth pace was the most rapid in 2011 with an increase of 10% against the previous year. The volume of imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, fresh cheese imports amounted to $4.4B (IndexBox estimates) in 2018. The total imports indicated a strong increase from 2007 to 2018: its value 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. Based on 2018 figures, fresh cheese imports increased by +29.3% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of 21% year-to-year. The level of imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of fresh cheese imports in 2018 were Italy (221K tonnes), the UK (189K tonnes), Germany (137K tonnes), the Netherlands (127K tonnes), France (118K tonnes), Spain (95K tonnes) and Belgium (77K tonnes), together resulting at 74% of total import. Austria (39K tonnes), Poland (33K tonnes), Romania (33K tonnes), the Czech Republic (26K tonnes) and Ireland (25K tonnes) followed a long way behind the leaders.

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

In value terms, the largest fresh cheese importing markets in the European Union were Italy ($778M), the UK ($573M) and Germany ($507M), with a combined 42% share of total imports. France, the Netherlands, Spain, Belgium, Austria, Poland, Romania, Ireland and the Czech Republic lagged somewhat behind, together comprising a further 44%.

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

Import Prices by Country

In 2018, the fresh cheese import price in the European Union amounted to $3,409 per tonne, rising by 3.7% against the previous year. Overall, the fresh cheese import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 an increase of 17% against the previous year. In that year, the import prices for fresh cheese attained their peak level of $3,996 per tonne. From 2009 to 2018, the growth in terms of the import prices for fresh cheese failed to regain its momentum.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in France ($3,885 per tonne) and Austria ($3,750 per tonne), while the Netherlands ($2,750 per tonne) and the UK ($3,029 per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform

Archives, EU Trade, Global Trade Daily

Footwear Treatments Market in the EU Recovers Robustly

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

The revenue of the footwear treatments market in the European Union amounted to $126M in 2018, picking up by 4.9% 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 last two years, it grew tangibly, recovering from a consistent deduction observed from 2014-2016. The level of footwear treatments consumption peaked at $193M in 2013; however, from 2014 to 2018, consumption yet failed to regain its momentum.

Consumption By Country in the EU

The countries with the highest volumes of footwear treatments consumption in 2018 were Italy (5K tonnes), Spain (3.6K tonnes) and Germany (3.2K tonnes), together comprising 45% of total consumption. France, Poland, the UK, the Netherlands, Romania, Belgium, Austria, Bulgaria and Hungary lagged somewhat behind, together comprising a further 42%.

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

The countries with the highest levels of footwear treatments per capita consumption in 2018 were Italy (84 kg per 1000 persons), Bulgaria (82 kg per 1000 persons) and Spain (78 kg per 1000 persons).

From 2007 to 2018, the most notable rate of growth in terms of footwear treatments 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 production of polishes and creams for footwear or leather in the European Union totaled 32K tonnes, increasing by 4.4% against the previous year. In general, footwear treatments production, however, continues to indicate a relatively flat trend pattern. In value terms, footwear treatments production totaled $129M in 2018 estimated in export prices.

Production By Country in the EU

The countries with the highest volumes of footwear treatments production in 2018 were Italy (6.7K tonnes), Spain (5.7K tonnes) and Germany (4.3K tonnes), with a combined 53% share of total production. These countries were followed by Poland, France, Austria and the Netherlands, which together accounted for a further 32%.

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

Exports in the EU

In 2018, approx. 27K tonnes of polishes and creams for footwear or leather were exported in the European Union; approximately reflecting the previous year. In general, footwear treatments exports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2010 when exports increased by 13% against the previous year. Over the period under review, footwear treatments exports reached their peak figure at 30K tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure. In value terms, footwear treatments exports amounted to $204M (IndexBox estimates) in 2018.

Exports by Country

In 2018, Germany (6.1K tonnes), distantly followed by Poland (3,497 tonnes), Spain (2,947 tonnes), Italy (2,583 tonnes), the Netherlands (2,562 tonnes), the UK (1,924 tonnes), France (1,639 tonnes) and Austria (1,460 tonnes) were the largest exporters of polishes and creams for footwear or leather, together mixing up 85% 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 Netherlands, while the other leaders experienced more modest paces of growth.

Imports in the EU

The imports amounted to 21K tonnes in 2018, approximately reflecting the previous year. In general, footwear treatments imports, however, continue to indicate a measured curtailment. The pace of growth was the most pronounced in 2010 when imports increased by 12% y-o-y. Over the period under review, footwear treatments imports attained their maximum at 26K tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum. In value terms, footwear treatments imports totaled $137M (IndexBox estimates) in 2018.

Imports by Country

In 2018, Germany (5K tonnes), distantly followed by Poland (2,206 tonnes), the UK (2,131 tonnes), the Netherlands (2,092 tonnes) and France (1,779 tonnes) represented the major importers of polishes and creams for footwear or leather, together achieving 62% of total imports. Belgium (934 tonnes), Italy (892 tonnes), Spain (843 tonnes), Romania (696 tonnes), Denmark (652 tonnes), Portugal (542 tonnes) and Sweden (459 tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to footwear treatments imports into Germany stood at +1.7%. At the same time, the Netherlands (+6.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer in the European Union, with a CAGR of +6.2% from 2007-2018. Denmark, Portugal, Belgium and Italy experienced a relatively flat trend pattern. By contrast, Sweden (-1.5%), France (-2.5%), the UK (-2.7%), Spain (-3.0%), Poland (-3.3%) and Romania (-6.3%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the Netherlands and Germany increased by +4.8% and +3.9% percentage points, while Spain (-1.6 p.p.), France (-2.7 p.p.), Romania (-3.5 p.p.), the UK (-3.5 p.p.) and Poland (-4.7 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

Source: IndexBox AI Platform