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Global Wine Market 2019 – Spain Retains Leadership in Exports Amid Buoyant Market Growth

Global Wine Market 2019 – Spain Retains Leadership in Exports Amid Buoyant Market Growth

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

The global wine market revenue amounted to $130.3B in 2018, going down by -3.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.4% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when the market value increased by 11% y-o-y. Global wine consumption peaked at $134.7B in 2017, and then declined slightly in the following year.

Production 2007-2018

Global wine production totaled 32B litres in 2018, surging by 2.3% against the previous year. The total output volume increased at an average annual rate of +1.4% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years.

Exports 2007-2018

In 2018, the global exports of wine totaled 11B litres, going down by -4.5% against the previous year. The total export volume increased at an average annual rate of +2.1% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations in certain years. In value terms, wine exports amounted to $35.5B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Italy (2B litres), France (1.9B litres) and Spain (1.7B litres) represented the main exporters of wine in the world, achieving 52% of total export. Australia (815M litres) held a 7.7% share (based on tonnes) of total exports, which put it in second place, followed by Chile (6.2%). South Africa (442M litres), Germany (383M litres), the U.S. (351M litres), New Zealand (319M litres), Portugal (303M litres), Argentina (271M litres) and China (244M litres) occupied a relatively small 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 China, while the other global leaders experienced more modest paces of growth.

In value terms, the largest wine markets worldwide were France ($11B), Italy ($7.3B) and Spain ($3.2B), with a combined 61% share of global exports. Australia, Chile, the U.S., New Zealand, Germany, Portugal, Argentina, South Africa and China lagged somewhat behind, together comprising a further 30%.

Export Prices by Country

In 2018, the average wine export price amounted to $3,332 per thousand litres, rising by 7.8% against the previous year. Overall, the wine export price continues to indicate a relatively flat trend pattern. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was France ($5,740 per thousand litres), while China ($1,464 per thousand litres) was amongst the lowest.

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

Imports 2007-2018

In 2018, approx. 9.4B litres of wine were imported worldwide; going down by -20.1% against the previous year. The total import volume increased at an average annual rate of +1.2% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. In value terms, wine imports amounted to $33.7B (IndexBox estimates) in 2018.

Imports by Country

The countries with the highest levels of wine imports in 2018 were the UK (1.3B litres), the U.S. (1.2B litres), Germany (1B litres) and China (681M litres), together amounting to 44% of total import. Canada (409M litres), the Netherlands (382M litres), Belgium (327M litres), China, Hong Kong SAR (300M litres), Japan (290M litres), Russia (278M litres), France (244M litres) and Sweden (209M litres) 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 China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

In value terms, the largest wine importing markets worldwide were the U.S. ($5.4B), the UK ($4B) and Germany ($2.7B), together accounting for 36% of global imports. These countries were followed by China, Canada, Japan, China, Hong Kong SAR, the Netherlands, Belgium, France, Russia and Sweden, which together accounted for a further 36%.

Import Prices by Country

In 2018, the average wine import price amounted to $3,589 per thousand litres, rising by 18% against the previous year. Over the period under review, the wine import price continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Japan ($5,777 per thousand litres), while Russia ($2,497 per thousand litres) was amongst the lowest.

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

Source: IndexBox AI Platform

beet

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

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

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

Consumption By Country in the EU

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

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

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

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

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

Production in the EU

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

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

Production By Country in the EU

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

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

Exports in the EU

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

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

Exports by Country

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

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

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

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

Export Prices by Country

The beet-pulp and bagasse export price in the European Union stood at $182 per tonne in 2018, going up by 15% against the previous year. Over the last eleven years, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2011 when the export price increased by 32% y-o-y. The level of export price peaked at $192 per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($216 per tonne), while Germany ($120 per tonne) was amongst the lowest.

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

Imports in the EU

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

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

Imports by Country

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

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

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

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

Import Prices by Country

The beet-pulp and bagasse import price in the European Union stood at $178 per tonne in 2018, surging by 11% against the previous year. In general, the beet-pulp and bagasse import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the import price increased by 41% year-to-year. Over the period under review, the import prices for beet-pulp and bagasse attained their peak figure at $207 per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($213 per tonne), while Latvia ($116 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

cotton bed

EU Cotton Bed Linen Market – Italy, Portugal, and Germany Account for 70% of Total Production

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

The revenue of the cotton bed linen market in the European Union is estimated at $10.4B in 2018, an increase of  12% y-o-y. 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, bed linen of cotton consumption, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Over the period under review, the bed linen of cotton market reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Consumption By Country in the EU

The countries with the highest volumes of bed linen of cotton consumption in 2018 were Italy (50K tonnes), Germany (46K tonnes) and France (45K tonnes), together accounting for 53% of total consumption. These countries were followed by the UK, Spain, the Netherlands, Sweden, Austria, Portugal, Belgium, Greece and Denmark, which together accounted for a further 37%.

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

In value terms, the UK ($7.4B) led the market, alone. The second position in the ranking was occupied by France ($819M). It was followed by Germany.

The countries with the highest levels of bed linen of cotton per capita consumption in 2018 were Austria (970 kg per 1000 persons), Sweden (882 kg per 1000 persons) and Italy (836 kg per 1000 persons).

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

Market Forecast 2019-2025 in the EU

The bed linen of cotton market is expected to start a downward consumption trend over the next seven years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.6% for the seven-year period from 2018 to 2025, which is projected to depress the market volume to 253K tonnes by the end of 2025.

Production in the EU

In 2018, the production of bed linen of cotton in the European Union amounted to 92K tonnes, lowering by -6.1% against the previous year. In general, bed linen of cotton production continues to indicate a moderate descent. The growth pace was the most rapid in 2016 when production volume increased by 9.2% year-to-year. Over the period under review, bed linen of cotton production attained its peak figure volume at 127K tonnes in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

In value terms, bed linen of cotton production totaled $957M in 2018 estimated in export prices. Over the period under review, bed linen of cotton production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2010 with an increase of 3.3% y-o-y. Over the period under review, bed linen of cotton production attained its peak figure level at $1.5B in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of bed linen of cotton production in 2018 were Italy (27K tonnes), Portugal (25K tonnes) and Germany (13K tonnes), together accounting for 70% of total production. These countries were followed by Poland, Spain, France and Romania, which together accounted for a further 21%.

From 2007 to 2018, the most notable rate of growth in terms of bed linen of cotton production, amongst the main producing countries, was attained by Spain, while the other leaders experienced mixed trends in the production figures.

Exports in the EU

In 2018, the bed linen of cotton exports in the European Union amounted to 147K tonnes, surging by 7.9% against the previous year. The total export volume increased at an average annual rate of +1.6% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 16% year-to-year. The volume of exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, bed linen of cotton exports amounted to $1.6B (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +1.7% from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2013 when exports increased by 17% against the previous year. Over the period under review, bed linen of cotton exports attained their maximum at $1.7B in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Germany (33K tonnes), distantly followed by Portugal (19K tonnes), Poland (17K tonnes), Belgium (16K tonnes), the Netherlands (15K tonnes), Italy (7.9K tonnes), France (7.8K tonnes) and Spain (7.4K tonnes) represented the key exporters of bed linen of cotton, together making up 84% of total exports. The Czech Republic (4,375 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 the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen of cotton markets in the European Union were Germany ($357M), Portugal ($300M) and Belgium ($146M), together accounting for 49% of total exports. Poland, the Netherlands, Italy, France, Spain and the Czech Republic lagged somewhat behind, together accounting for a further 38%.

In terms of the main exporting countries, the Netherlands recorded 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 bed linen of cotton export price in the European Union stood at $11,134 per tonne in 2018, flattening at the previous year. In general, the bed linen of cotton export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of 16% year-to-year. In that year, the export prices for bed linen of cotton reached their peak level of $13,796 per tonne. From 2012 to 2018, the growth in terms of the export prices for bed linen of cotton 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 Portugal ($15,547 per tonne), while Poland ($7,852 per tonne) was amongst the lowest.

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

Imports in the EU

The imports stood at 319K tonnes in 2018, increasing by 3.3% against the previous year. The total import volume increased at an average annual rate of +1.9% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2013 with an increase of 17% y-o-y. The volume of imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, bed linen of cotton imports totaled $2.8B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.1% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when imports increased by 22% y-o-y. In that year, bed linen of cotton imports reached their peak of $3B. From 2012 to 2018, the growth of bed linen of cotton imports remained at a somewhat lower figure.

Imports by Country

In 2018, Germany (67K tonnes), France (47K tonnes), the UK (32K tonnes), Italy (31K tonnes), the Netherlands (27K tonnes) and Belgium (24K tonnes) were the largest importers of bed linen of cotton in the European Union, creating 71% of total import. Spain (16K tonnes) ranks next in terms of the total imports with a 4.9% share, followed by Poland (4.8%).

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

In value terms, the largest bed linen of cotton importing markets in the European Union were Germany ($611M), France ($475M) and the UK ($286M), together comprising 48% of total imports. These countries were followed by the Netherlands, Italy, Belgium, Spain and Poland, which together accounted for a further 32%.

Poland experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the bed linen of cotton import price in the European Union amounted to $8,910 per tonne, standing approx. at the previous year. In general, the bed linen of cotton import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the import price increased by 28% against the previous year. In that year, the import prices for bed linen of cotton attained their peak level of $11,299 per tonne. From 2012 to 2018, the growth in terms of the import prices for bed linen of cotton remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($10,560 per tonne), while Italy ($6,906 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

fabric

U.S. Coated Fabric Market Amounted to $4.5B in 2018, with Accelerating Expansion of Imports

IndexBox has just published a new report: ‘U.S. Coated Fabric Market. Analysis And Forecast to 2025’. Here is a summary of the report’s key findings.

The revenue of the coated fabric market in the U.S. amounted to $4.5B in 2018, picking up by 4.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The market value increased at an average annual rate of +5.5% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 9.8% year-to-year. Over the period under review, the coated fabric market reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Coated Fabric Production in the U.S.

In value terms, coated fabric production stood at $2.6B in 2018. Overall, coated fabric production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when production volume increased by 4.4% year-to-year. In that year, coated fabric production attained its peak level of $2.7B. From 2015 to 2018, coated fabric production growth remained at a somewhat lower figure.

Exports from the U.S.

Coated fabric exports from the U.S. amounted to 13K tonnes in 2018, dropping by -3% against the previous year. Overall, coated fabric exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 when exports increased by 4.4% against the previous year. Exports peaked at 15K tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, coated fabric exports amounted to $151M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +4.2% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2015 when exports increased by 11% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The Dominican Republic (1.9K tonnes), Germany (1.8K tonnes) and the UK (1.7K tonnes) were the main destinations of coated fabric exports from the U.S., together comprising 43% of total exports. These countries were followed by Mexico, China, the Philippines, Australia, Japan, China, Hong Kong SAR, Brazil, Taiwan, Chinese and India, which together accounted for a further 32%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Philippines (+69.7% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coated fabric exported from the U.S. were the UK ($22M), the Dominican Republic ($22M) and Germany ($17M), together accounting for 41% of total exports. These countries were followed by Japan, China, the Philippines, China, Hong Kong SAR, Australia, Mexico, India, Brazil and Taiwan, Chinese, which together accounted for a further 34%.

Among the main countries of destination, Taiwan, Chinese (+59.2% per year) experienced the highest rates of growth with regard to exports, over the last five years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coated fabric export price stood at $12 per kg in 2018, picking up by 7.4% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +7.7%. The most prominent rate of growth was recorded in 2015 an increase of 13% year-to-year. The export price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Japan ($26 per kg), while the average price for exports to Mexico ($5.6 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the amount of coated fabrics imported into the U.S. amounted to 215K tonnes, growing by 9.5% against the previous year. Overall, the total imports indicated a buoyant increase from 2013 to 2018: its volume increased at an average annual rate of +12.0% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, coated fabric imports increased by +76.1% against 2013 indices. The most prominent rate of growth was recorded in 2017 with an increase of 17% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, coated fabric imports stood at $1.1B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +6.9% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 12% against the previous year. Over the period under review, coated fabric imports attained their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, China (101K tonnes) constituted the largest coated fabric supplier to the U.S., with a 47% share of total imports. Moreover, coated fabric imports from China exceeded the figures recorded by the second-largest supplier, India (38K tonnes), threefold. The third position in this ranking was occupied by South Korea (16K tonnes), with a 7.3% share.

From 2013 to 2018, the average annual rate of growth in terms of volume from China stood at +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+55.9% per year) and South Korea (+2.2% per year).

In value terms, China ($393M) constituted the largest supplier of coated fabric to the U.S., comprising 36% of total coated fabric imports. The second position in the ranking was occupied by Japan ($97M), with a 9% share of total imports. It was followed by India, with a 8.6% share.

From 2013 to 2018, the average annual growth rate of value from China totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+2.7% per year) and India (+48.2% per year).

Import Prices by Country

In 2018, the average coated fabric import price amounted to $5,009 per tonne, leveling off at the previous year. Overall, the coated fabric import price continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2014 a decrease of -0.1% y-o-y. Over the period under review, the average import prices for coated fabrics reached their maximum at $6,306 per tonne in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($18,533 per tonne), while the price for India ($2,460 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the prices for the other major suppliers experienced mixed trend patterns.

Companies Mentioned in the Report

Tonoga, The Haartz Corporation, Aoc, Schneller, Beaver Manufacturing Company, Sika Sarnafil, Duro-Last, Shawmut Corporation, Engineered Polymer Solutions, Aberdeen Road Company, Clear Edge Filtration, Holliston, Atlas Resin Proppants, Trelleborg Coated Systems US, Precision Custom Coatings, Adell Plastics, Uniroyal Engineered Products, Dyna-Mix, UIC Maintenance & Manufacturing, Cooley Incorporated, Fiberite, Westlake Pvc Corporation, Dti Leather Solutions, Bondcote Holdings, The Adell Corporation

Source: IndexBox AI Platform

avocado

Global Avocado Market 2019 – Mexican Exporters Enjoy New Growth Momentum, Thanks To Rising Demand In the U.S.

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

The global avocado market revenue amounted to $13.5B in 2018, reducing by -9.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, avocado consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017 with an increase of 29% y-o-y. In that year, the global avocado market attained its peak level of $14.9B, and then declined slightly in the following year.

Production 2007-2018

In 2018, the amount of avocados produced worldwide amounted to 6.4M tonnes, rising by 6% against the previous year. Overall, the total output indicated a strong expansion 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, the avocado production increased by +85.2% against 2008 indices. The most prominent rate of growth was recorded in 2009 with an increase of 13% y-o-y. Over the period under review, global avocado production attained its peak figure volume in 2018 and is expected to retain its growth in the immediate term. The general positive trend in terms of avocado output was largely conditioned by remarkable growth of the harvested area and a modest expansion in yield figures.

In value terms, avocado production stood at $12.9B in 2018 estimated in export prices. Over the period under review, avocado production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when the output figure increased by 40% against the previous year. In that year, global avocado production attained its peak level of $15.6B, and then declined slightly in the following year.

Exports 2007-2018

In 2018, approx. 2.4M tonnes of avocados were exported worldwide; growing by 23% against the previous year. In general, avocado exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 23% y-o-y. In that year, global avocado exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, avocado exports totaled $5.6B in 2018. Overall, avocado exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 36% against the previous year. Global exports peaked at $5.8B in 2017, and then declined slightly in the following year.

Exports by Country

Mexico represented the major exporting country with an export of around 1.1M tonnes, which reached 45% of total exports. It was distantly followed by Peru (361K tonnes), the Netherlands (246K tonnes) and Chile (133K tonnes), together comprising a 31% share of total exports. The following exporters – Spain (106K tonnes), South Africa (85K tonnes), Kenya (72K tonnes) and the U.S. (68K tonnes) – together made up 14% of total exports.

From 2007 to 2018, average annual rates of growth with regard to avocado exports from Mexico stood at +12.5%. At the same time, Peru (+20.8%), the U.S. (+19.6%), the Netherlands (+18.2%), Kenya (+14.3%), Spain (+7.3%) and South Africa (+6.3%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing exporter in the world, with a CAGR of +20.8% from 2007-2018. By contrast, Chile (-1.1%) illustrated a downward trend over the same period. Mexico (+33 p.p.), Peru (+13 p.p.), the Netherlands (+8.6 p.p.), the U.S. (+2.4 p.p.), Spain (+2.4 p.p.), Kenya (+2.3 p.p.) and South Africa (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($2.4B) remains the largest avocado supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by the Netherlands ($734M), with a 13% share of global exports. It was followed by Peru, with a 13% share.

In Mexico, avocado exports increased at an average annual rate of +13.4% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+21.6% per year) and Peru (+23.1% per year).

Export Prices by Country

In 2018, the average avocado export price amounted to $2,308 per tonne, lowering by -22% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 when the average export price increased by 25% y-o-y. In that year, the average export prices for avocados attained their peak level of $2,960 per tonne, and then declined slightly in the following year.

Export prices varied noticeably by the country of origin; the country with the highest export price was Spain ($3,160 per tonne), while Kenya ($1,646 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, the amount of avocados imported worldwide stood at 2.4M tonnes, growing by 12% against the previous year. Overall, avocado imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 when imports increased by 25% against the previous year. Over the period under review, global avocado imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, avocado imports amounted to $5.9B in 2018. Overall, avocado imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2011 with an increase of 32% year-to-year. Global imports peaked at $6.3B in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. was the key importing country with an import of around 1M tonnes, which accounted for 43% of total imports. The Netherlands (258K tonnes) held the second position in the ranking, followed by France (144K tonnes), the UK (118K tonnes) and Spain (115K tonnes). All these countries together took near 26% share of total imports. Canada (93K tonnes), Germany (93K tonnes), Japan (74K tonnes) and China (54K tonnes) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +10.4% from 2007 to 2018. At the same time, China (+136.2%), the Netherlands (+16.0%), Spain (+15.1%), Germany (+14.6%), Canada (+13.5%), Japan (+9.8%), the UK (+9.1%) and France (+2.3%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +136.2% from 2007-2018. The U.S. (+29 p.p.), the Netherlands (+8.6 p.p.), Spain (+3.8 p.p.), the UK (+3 p.p.), Germany (+3 p.p.), Canada (+2.9 p.p.), China (+2.2 p.p.) and Japan (+2 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($2.4B) constitutes the largest market for imported avocados worldwide, comprising 42% of global imports. The second position in the ranking was occupied by the Netherlands ($539M), with a 9.2% share of global imports. It was followed by France, with a 7% share.

In the U.S., avocado imports expanded at an average annual rate of +13.4% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+17.1% per year) and France (+6.5% per year).

Import Prices by Country

The average avocado import price stood at $2,439 per tonne in 2018, dropping by -16.8% against the previous year. Over the last eleven year period, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2011 an increase of 23% year-to-year. Global import price peaked at $2,931 per tonne in 2017, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($3,414 per tonne), while Spain ($1,920 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Global Vegetable Market 2019 – Resilient Growth of Potato Consumption in China and India Shapes Overall Market Trend

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

The global vegetable market revenue amounted to $1,249.8B in 2018, picking up 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). The market value increased at an average annual rate of +4.1% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010, with an increase of 8.1% against the previous year. Global vegetable consumption peaked in 2018, and is likely to continue its growth in the immediate term.

Production 2007-2018

Global vegetable production stood at 1,555M tonnes in 2018, jumping by 3.2% against the previous year. The total output volume increased at an average annual rate of +2.8% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.

Exports 2007-2018

In 2018, approx. 47M tonnes of vegetables were exported worldwide; standing approx. at the previous year. The total export volume increased at an average annual rate of +1.7% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. In value terms, vegetable exports amounted to $42.3B (IndexBox estimates) in 2018.

Exports by Country

The Netherlands (6.1M tonnes), Mexico (5.8M tonnes), Spain (5.1M tonnes), China (4.3M tonnes), France (3.5M tonnes), Germany (2.7M tonnes) and the U.S. (2.4M tonnes) represented roughly 64% of total exports of vegetables in 2018. The following exporters – Canada (1.4M tonnes), Belgium (1.3M tonnes), India (1.2M tonnes), Egypt (1.1M tonnes) and Italy (864K tonnes) – together made up 13% 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 Mexico, while the other global leaders experienced more modest paces of growth.

In value terms, Spain ($6.7B), the Netherlands ($6.5B) and Mexico ($6.2B) constituted the countries with the highest levels of exports in 2018, together comprising 46% of global exports.

Export Prices by Country

The average vegetable export price stood at $899 per tonne in 2018, leveling off at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2017, when the average export price increased by 6.6% against the previous year. In that year, the average export prices for vegetables reached their peak level of $910 per tonne, and then declined slightly in the following year.

Export prices varied noticeably by the country of origin; the country with the highest export price was Italy ($1,679 per tonne), while Germany ($342 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, approx. 47M tonnes of vegetables were imported worldwide; approximately mirroring the previous year. The total import volume increased at an average annual rate of +1.8% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010, when imports increased by 7.2% year-to-year. Over the period under review, global vegetable imports attained their peak figure at 49M tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure. In value terms, vegetable imports totaled $41.9B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.7% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when imports increased by 17% year-to-year. Global imports peaked at $42.5B in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (7.4M tonnes), distantly followed by Germany (3.8M tonnes), the Netherlands (3.1M tonnes), Russia (2.2M tonnes) and the UK (2.2M tonnes) were the key importers of vegetables, together achieving 39% of total imports. The following importers – Belgium (1.9M tonnes), Canada (1.9M tonnes), France (1.9M tonnes), Malaysia (1.4M tonnes), Italy (1.2M tonnes), Spain (1.2M tonnes) and Indonesia (819K tonnes) – together made up 22% of total imports.

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

In value terms, the largest vegetable importing markets worldwide were the U.S. ($8.5B), Germany ($5.1B) and the UK ($3B), with a combined 40% share of global imports. These countries were followed by Canada, France, the Netherlands, Russia, Belgium, Italy, Spain, Malaysia and Indonesia, which together accounted for a further 30%.

Import Prices by Country

The average vegetable import price stood at $884 per tonne in 2018, approximately mirroring the previous year. Overall, the vegetable import price, however, continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was the UK ($1,367 per tonne), while Malaysia ($472 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Spinach Market in Eastern Europe – Consumption Peaked At $49M And Is Likely To Continue Its Robust Growth

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

The revenue of the spinach market in Eastern Europe amounted to $49M in 2018, surging by 11% 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, spinach consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, when the market value increased by 50% y-o-y. Over the period under review, the spinach market reached its peak figure level in 2018, and is expected to retain its growth in the immediate term.

Production in Eastern Europe

In 2018, the amount of spinach produced in Eastern Europe amounted to 15K tonnes, jumping by 5.8% against the previous year. The total output indicated a conspicuous growth from 2007 to 2018: its volume increased at an average annual rate of +3.1% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach production decreased by -9.2% against 2016 indices.

Exports in Eastern Europe

In 2018, approx. 507 tonnes of spinach were exported in Eastern Europe; shrinking by -6.5% against the previous year. In general, spinach exports, however, continue to indicate a prominent growth. In value terms, spinach exports amounted to $1.4M (IndexBox estimates) in 2018.

Exports by Country

Poland was the largest exporter of spinach in Eastern Europe, with the volume of exports reaching 327 tonnes, which was near 64% of total exports in 2018. The Czech Republic (56 tonnes) ranks second in terms of the total exports with a 11% share, followed by Bulgaria (6.1%), Lithuania (5.8%) and Latvia (5.1%). The following exporters – Slovakia (11 tonnes) and Hungary (11 tonnes) – each finished at a 4.4% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to spinach exports from Poland stood at +13.5%. At the same time, Hungary (+23.1%), Latvia (+19.1%), Lithuania (+15.5%) and Slovakia (+6.7%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest growing exporter in Eastern Europe, with a CAGR of +23.1% from 2007-2018. By contrast, the Czech Republic (-2.6%) and Bulgaria (-10.2%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Poland, Lithuania, Latvia and Hungary increased by +48%, +4.6%, +4.4% and +2% percentage points, while the Czech Republic (-3.7 p.p.) and Bulgaria (-13.8 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($699K) remains the largest spinach supplier in Eastern Europe, comprising 51% of total spinach exports. The second position in the ranking was occupied by the Czech Republic ($262K), with a 19% share of total exports. It was followed by Lithuania, with a 8.8% share.

Export Prices by Country

The spinach export price in Eastern Europe stood at $2,694 per tonne in 2018, increasing by 13% against the previous year. The export price indicated a prominent expansion from 2007 to 2018: its price increased at an average annual rate of +6.1% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach export price increased by +20.2% against 2013 indices. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the Czech Republic ($4,629 per tonne), while Hungary ($770 per tonne) was amongst the lowest.

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

Imports in Eastern Europe

The imports amounted to 8.9K tonnes in 2018, jumping by 13% against the previous year.In value terms, spinach imports totaled $17M (IndexBox estimates) in 2018. Over the period under review, spinach imports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2014, with an increase of 65% against the previous year. The level of imports peaked in 2018, and are likely to continue its growth in the near future.

Imports by Country

Poland represented the main importing country with an import of around 3.5K tonnes, which finished at 39% of total imports. It was distantly followed by Lithuania (1.1K tonnes), Russia (1.1K tonnes), Belarus (743 tonnes), Bulgaria (605 tonnes), the Czech Republic (577 tonnes) and Romania (486 tonnes), together constituting 52% share of total imports.

Imports into Poland increased at an average annual rate of +36.1% from 2007 to 2018. At the same time, Belarus (+136.8%), Lithuania (+41.8%), Bulgaria (+20.8%), Russia (+14.7%), Romania (+10.9%) and the Czech Republic (+7.7%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in Eastern Europe, with a CAGR of +136.8% from 2007-2018. While the share of Poland (+38 p.p.), Lithuania (+12 p.p.), Russia (+9.9 p.p.), Belarus (+8.3 p.p.), Bulgaria (+5.9 p.p.), Romania (+3.7 p.p.) and the Czech Republic (+3.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($5.6M) constitutes the largest market for imported spinach in Eastern Europe, comprising 32% of total spinach imports. The second position in the ranking was occupied by Lithuania ($2.2M), with a 13% share of total imports. It was followed by the Czech Republic, with a 11% share.

Import Prices by Country

The spinach import price in Eastern Europe stood at $1,947 per tonne in 2018, growing by 12% against the previous year. The import price indicated a noticeable growth from 2007 to 2018: its price increased at an average annual rate of +3.3% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the spinach import price increased by +12.9% against 2015 indices. The growth pace was the most rapid in 2008, when the import price increased by 31% y-o-y. Over the period under review, the import prices for spinach attained their maximum at $2,432 per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was the Czech Republic ($3,386 per tonne), while Russia ($1,382 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

animal food

USA Animal Food Market: Key Insights

IndexBox has just published a new report, the U.S. Animal Food (Except Dog And Cat) Market. Analysis And Forecast to 2025. Here is a summary of the report’s key findings.

The revenue of the animal food market in the U.S. amounted to $30.5B in 2018, falling by -2.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Over the period under review, animal food consumption, however, continues to indicate a measured reduction.

The most prominent rate of growth was recorded in 2015, with an increase of 2.7% year-to-year. Over the period under review, the animal food market reached its peak figure level at $34.8B in 2013; however, from 2014 to 2018, consumption stood at a somewhat lower figure.

Animal Food Production in the USA

In value terms, animal food production totaled $30.8B in 2018. Over the last decade, animal food production, however, continues to indicate a measured curtailment. The most prominent rate of growth was recorded in 2015, with an increase of 2.4% year-to-year.

Exports from the USA

In 2018, animal food exports from the U.S. stood at 864K tonnes, standing approx. at the previous year. The total export volume increased at an average annual rate of +3.0% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review.

In value terms, animal food exports totaled $506M (IndexBox estimates) in 2018.

Exports by Country

China (163K tonnes), Japan (137K tonnes) and South Korea (110K tonnes) were the main destinations of animal food exports from the U.S., together accounting for 47% of total exports. These countries were followed by Indonesia, Trinidad and Tobago, Vietnam, the Philippines, Colombia and Taiwan, Chinese, which together accounted for a further 37%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Colombia, while the other leaders experienced more modest paces of growth.

In value terms, China ($115M) remains the key foreign market for animal food exports from the U.S., comprising 23% of total animal food exports. The second position in the ranking was occupied by Japan ($48M), with a 9.5% share of total exports. It was followed by Indonesia, with a 9.4% share.

Export Prices by Country

In 2018, the average animal food export price amounted to $586 per tonne, dropping by -2.3% against the previous year. Over the period under review, the animal food export price continues to indicate a slight decrease.

Export prices varied noticeably by the country of destination; the country with the highest export price was Taiwan, Chinese ($850 per tonne), while the average price for exports to South Korea ($306 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Taiwan, Chinese, while the export prices for the other major destinations experienced mixed trend patterns.

Imports into the USA

In 2018, the amount of animal food (except dog and cat) imported into the U.S. amounted to 291K tonnes, growing by 7.4% against the previous year. Over the last decade, the total imports indicated a prominent increase from 2013 to 2018: its volume increased at an average annual rate of +10.2% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the animal food imports decreased by -1.8% against 2016 indices. The growth pace was the most rapid in 2014, when the imports increased by 27% against the previous year. Over the period under review, animal food imports attained their maximum at 296K tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, animal food imports amounted to $428M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +4.3% from 2013 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. Over the period under review, animal food imports attained their peak figure in 2018, and are likely to continue its growth in the near future.

Imports by Country

In 2018, Malaysia (87K tonnes) constituted the largest supplier of animal food to the U.S., with a 30% share of total imports. Moreover, animal food imports from Malaysia exceeded the figures recorded by the second largest supplier, China (38K tonnes), twofold. The third position in this ranking was occupied by India (34K tonnes), with a 12% share.

From 2013 to 2018, the average annual growth rate of volume from Malaysia totaled +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.2% per year) and India (+137.4% per year).

In value terms, France ($69M), China ($64M) and Malaysia ($58M) appeared to be the largest animal food suppliers to the U.S., with a combined 45% share of total imports. These countries were followed by Germany, India, the Netherlands, Norway, Belgium, Italy, Indonesia, Ireland and South Korea, which together accounted for a further 30%.

Import Prices by Country

The average animal food import price stood at $1.5 per kg in 2018, coming down by -5.7% against the previous year. Over the last decade, the animal food import price continues to indicate a deep shrinkage.

There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was France ($7,787 per tonne), while the price for South Korea ($132 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Germany, while the import prices for the other major suppliers experienced mixed trend patterns.

Companies Mentioned in the Report

Southern States Cooperative, Jbs United, Inc., Valley Proteins, Furst-Mcness Company, Hi-Pro Feeds, H.J. Baker & Bro., Milk Specialties Company, Stillwater Milling Company, Cooperative Producers, Kent Nutrition Group, Provimi North America, Purina Mills, Reconserve, ADM Alliance Nutrition, American Proteins, Goldsboro Milling Company, Farmers Union Industries, O.K. Industries, Vp Holdings Corporation, Equity Group – Kentucky Division LLC, Heartland Pet Foods Manufacturing, Blue Buffalo Pet Products, Inc.

Source: IndexBox AI Platform

Global Cheese Market 2019 – Germany Emerges As the Largest Exporter

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

The global cheese market revenue amounted to $111.7B in 2018, going up by 3.2% 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 +2.2% from 2008 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when the market value increased by 19% y-o-y. Global cheese consumption peaked at $117B in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Production 2007-2018

In 2018, approx. 24M tonnes of cheese were produced worldwide; growing by 2.5% against the previous year. The total output volume increased at an average annual rate of +2.1% over the period from 2008 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years.

Exports 2007-2018

In 2018, the global exports of cheese totaled 6.7M tonnes, going up by 2.8% against the previous year. The total export volume increased at an average annual rate of +1.6% from 2008 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2014, when the exports increased by 13% y-o-y. Global exports peaked in 2018, and are expected to retain its growth in the near future.

In value terms, cheese exports totaled $30.9B (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +1.4% over the period from 2008 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011, with an increase of 16% against the previous year. Over the period under review, global cheese exports reached their peak figure at $33.1B in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Germany (1.3M tonnes), distantly followed by the Netherlands (780K tonnes), France (689K tonnes), Italy (416K tonnes), Denmark (340K tonnes), the U.S. (325K tonnes) and Poland (325K tonnes) were the major exporters of cheese, together mixing up 61% of total exports. New Zealand (295K tonnes), Belgium (272K tonnes), Ireland (219K tonnes), Belarus (196K tonnes) and the UK (194K tonnes) took a little share of total exports.

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

In value terms, Germany ($4.6B), France ($3.7B) and the Netherlands ($3.6B) appeared to be the countries with the highest levels of exports in 2018, with a combined 38% share of global exports. Italy, Denmark, the U.S., New Zealand, Belgium, Ireland, Poland, the UK and Belarus lagged somewhat behind, together comprising a further 40%.

Export Prices by Country

In 2018, the average cheese export price amounted to $4,591 per tonne, approximately reflecting the previous year. In general, the cheese export price, however, continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of origin; the country with the highest export price was Italy ($7,856 per tonne), while Poland ($2,864 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, the global imports of cheese totaled 7M tonnes, going up by 5.7% against the previous year. The total import volume increased at an average annual rate of +2.8% over the period from 2008 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review.

In value terms, cheese imports amounted to $32B (IndexBox estimates) in 2018.

Imports by Country

In 2018, Germany (821K tonnes), followed by the UK (535K tonnes), Italy (480K tonnes), France (371K tonnes), the Netherlands (370K tonnes) and Belgium (315K tonnes) represented the key importers of cheese, together making up 41% of total imports. Japan (293K tonnes), Spain (287K tonnes), the U.S. (261K tonnes), Russia (247K tonnes), Saudi Arabia (152K tonnes) and Mexico (124K tonnes) held a minor share of total imports.

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

In value terms, Germany ($4.4B), the UK ($2.2B) and Italy ($2B) appeared to be the countries with the highest levels of imports in 2018, together accounting for 27% of global imports. France, Belgium, the Netherlands, the U.S., Japan, Spain, Russia, Saudi Arabia and Mexico lagged somewhat behind, together accounting for a further 34%.

Import Prices by Country

The average cheese import price stood at $4,581 per tonne in 2018, standing approx. at the previous year. In general, the cheese import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, an increase of 10% y-o-y. Over the period under review, the average import prices for cheese attained their maximum at $5,237 per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

Average import prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following import prices: in Germany ($5,395 per tonne) and the U.S. ($5,092 per tonne), while the Netherlands ($4,035 per tonne) and Russia ($4,064 per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform