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Despite Ranking only Fifth in Terms of Market Size, the Netherlands Leads European Chicken Egg Exports

egg

Despite Ranking only Fifth in Terms of Market Size, the Netherlands Leads European Chicken Egg Exports

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

In 2019, the EU chicken egg market decreased by -2.1% to $12.7B for the first time since 2016, thus ending a two-year rising trend. The most prominent rate of growth was recorded in 2017 with an increase of 8.7% against the previous year. The level of consumption peaked at $15.8B in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

In physical terms, the volume of consumption amounted to 6.3M tonnes which remained relatively stable against the previous year; over the last decade, it increased gradually with some slight fluctuations in certain years.

Consumption by Country

The countries with the highest volumes of chicken egg consumption in 2019 were Germany (1.1M tonnes), France (881K tonnes) and Spain (761K tonnes), together accounting for 44% of total consumption. Italy, the Netherlands, Poland, Romania, Belgium, Austria, Portugal, Hungary and Sweden lagged somewhat behind, together comprising a further 44%.

From 2007 to 2019, the most notable rate of growth in terms of chicken egg consumption, amongst the key consuming countries, was attained by Belgium, while chicken egg consumption for the other leaders experienced more modest paces of growth.

In value terms, the largest chicken egg markets in the European Union were Germany ($2.3B), France ($2B) and Spain ($1.4B), together comprising 45% of the total market. These countries were followed by Italy, the Netherlands, Poland, Hungary, Sweden, Romania, Austria, Portugal and Belgium, which together accounted for a further 40%.

The countries with the highest levels of chicken egg per capita consumption in 2019 were the Netherlands (31 kg per person), Austria (17 kg per person) and Spain (16 kg per person).

Market Forecast to 2030

Driven by increasing demand for chicken egg in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.0% for the period from 2019 to 2030, which is projected to bring the market volume to 7M tonnes by the end of 2030.

Production in the EU

Chicken egg production reached 6.4M tonnes in 2019, stabilizing at 2018 figures. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by 9.2% y-o-y. As a result, production reached the peak volume of 6.6M tonnes. From 2014 to 2019, production growth remained at a somewhat lower figure.

Production by Country

The countries with the highest volumes of chicken egg production in 2019 were Germany (852K tonnes), France (845K tonnes) and Spain (841K tonnes), with a combined 39% share of total production. Italy, the Netherlands, Poland, Romania, Belgium, Portugal, Hungary, Austria and Sweden lagged somewhat behind, together comprising a further 48%.

From 2007 to 2019, the most notable rate of growth in terms of chicken egg production, amongst the leading producing countries, was attained by Austria, while chicken egg production for the other leaders experienced more modest paces of growth.

Producing Animals in the EU

The total number of hens for egg production stood at 458M heads in 2019, approximately equating 2018 figures. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of 5.5% y-o-y. As a result, the number of producing animals attained the peak level of 461M heads. From 2011 to 2019, the growth of this number failed to regain the momentum.

Yield in the EU

The average chicken egg yield dropped slightly to 14 kg per head in 2019, approximately equating the year before. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by 7.2% against the previous year. Over the period under review, the chicken egg yield reached the peak level at 15 kg per head in 2007; however, from 2008 to 2019, the yield failed to regain the momentum.

Exports in the EU

In 2019, the amount of chicken eggs exported in the European Union fell modestly to 1.1M tonnes, declining by -2% against the year before. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 2.4% year-to-year.

In value terms, chicken egg exports dropped modestly to $2.1B (IndexBox estimates) in 2019. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 17% year-to-year. The level of export peaked at $2.3B in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

The Netherlands was the largest exporting country with an export of around 396K tonnes, which accounted for 34% of total exports. It was distantly followed by Poland (214K tonnes), Germany (130K tonnes), Spain (87K tonnes) and Belgium (85K tonnes), together mixing up a 45% share of total exports. France (34K tonnes), Latvia (22K tonnes), Italy (19K tonnes), Bulgaria (18K tonnes) and the Czech Republic (18K tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($743M) remains the largest chicken egg supplier in the European Union, comprising 35% of total exports. The second position in the ranking was occupied by Poland ($284M), with a 13% share of total exports. It was followed by Germany, with a 13% share.

In the Netherlands, chicken egg exports plunged by an average annual rate of -3.0% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Poland (+13.0% per year) and Germany (-1.6% per year).

Export Prices by Country

The chicken egg export price in the European Union stood at $1,845 per tonne in 2019, approximately mirroring the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2013 when the export price increased by 28% against the previous year. Over the period under review, export prices reached the maximum at $1,875 per tonne in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was the Czech Republic ($2,582 per tonne), while Latvia ($1,259 per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced mixed trends in the export price figures.

Source: IndexBox AI Platform

hardboard

Hardboard Market in Asia-Pacific Reached $3.8B, Growing for the Second Consecutive Year

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

The revenue of the hardboard market in Asia-Pacific rose to $3.8B in 2018, surging by 6.4% 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). Over the period under review, hardboard consumption continues to indicate prominent growth. Over the period under review, the hardboard market hit record highs at $4.5B in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Exports in Asia-Pacific

In 2018, the amount of hardboard exported in Asia-Pacific amounted to 310K cubic meters, surging by 2.3% against the previous year. Overall, hardboard exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2010 when exports increased by 8.2% year-to-year. In value terms, hardboard exports rose to $157M (IndexBox estimates) in 2018.

Exports by Country

China represented the major exporting country with an export of about 199K cubic meters, which finished at 64% of total exports. Thailand (70K cubic meters) took a 22% share (based on tonnes) of total exports, which put it in second place, followed by Indonesia (5.9%). Malaysia (5.2K cubic meters) held a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to hardboard exports from China stood at -5.8%. At the same time, Indonesia (+20.2%) and Thailand (+9.9%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +20.2% from 2007-2018. By contrast, Malaysia (-20.0%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Thailand and Indonesia increased by +15% and +5.1% percentage points, while Malaysia (-17.8 p.p.) and China (-60.3 p.p.) saw their share reduced.

In value terms, China ($109M) remains the largest hardboard supplier in Asia-Pacific, comprising 70% of total hardboard exports. The second position in the ranking was occupied by Thailand ($26M), with a 17% share of total exports. It was followed by Indonesia, with a 5.1% share.

Export Prices by Country

The hardboard export price in Asia-Pacific stood at $506 per cubic meter in 2018, waning by -5.5% against the previous year. Overall, the hardboard export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2008, an increase of 12% against the previous year. Over the period under review, the export prices for hardboard hit record highs at $694 per cubic meter in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in China ($548 per cubic meter) and Malaysia ($518 per cubic meter), while Thailand ($376 per cubic meter) and Indonesia ($434 per cubic meter) were amongst the lowest.

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

Imports in Asia-Pacific

In 2018, the imports of hardboard in Asia-Pacific reached 321K cubic meters, going up by 12% against the previous year. The total import 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 2010 when imports increased by 20% against the previous year. The volume of imports peaked in 2018 and are likely to see gradual growth in the immediate term. In value terms, hardboard imports reached $233M (IndexBox estimates) in 2018.

Imports by Country

The imports of the three major importers of hardboard, namely Australia, China and India, represented more than half of total imports. South Korea (25K cubic meters) took a 7.7% share (based on tonnes) of total imports, which put it in second place, followed by Malaysia (7.2%), Taiwan, Chinese (6.7%) and Viet Nam (6.2%).

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

In value terms, the largest hardboard importing markets in Asia-Pacific were China ($55M), Australia ($54M) and India ($30M), with a combined 59% share of total imports.

Among the main importing countries, China experienced the highest growth rate of the value of imports, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The hardboard import price in Asia-Pacific stood at $725 per cubic meter in 2018, approximately mirroring the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2008 an increase of 13% y-o-y. The level of import price peaked at $773 per cubic meter in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($962 per cubic meter), while India ($575 per cubic meter) was amongst the lowest.

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

Source: IndexBox AI Platform

flatware

U.S. Is the World’s Largest Market for Imported Table Flatware ($515M), Comprising 21% of Global Imports

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

The global table flatware market revenue amounted to $6.3B in 2018, increasing by 3.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Global Exports 2013-2018

In 2018, approx. 340K tonnes of table flatware were exported worldwide; standing approx. at the previous year. In general, table flatware exports, however, continue to indicate a measured setback. The pace of growth was the most pronounced in 2017 with an increase of 7.6% y-o-y. Over the period under review, global table flatware exports attained their maximum at 380K tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, table flatware exports amounted to $2.7B (IndexBox estimates) in 2018.

Exports by Country

China dominates table flatware exports structure, amounting to 274K tonnes, which was approx. 81% of total exports in 2018. Viet Nam (9.6K tonnes), Germany (7.7K tonnes) and India (5.6K tonnes) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -2.4% from 2013 to 2018. At the same time, Viet Nam (+1.8%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in the world, with a CAGR of +1.8% from 2013-2018. Germany experienced a relatively flat trend pattern. By contrast, India (-7.0%) illustrated a downward trend over the same period. China (-10.5 p.p.) significantly weakened 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, China ($1.9B) remains the largest table flatware supplier worldwide, comprising 70% of global exports. The second position in the ranking was occupied by Viet Nam ($129M), with a 4.8% share of global exports. It was followed by Germany, with a 4.2% share.

In China, table flatware exports remained relatively stable over the period from 2013-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Viet Nam (+0.7% per year) and Germany (-0.3% per year).

Export Prices by Country

In 2018, the average table flatware export price amounted to $7,997 per tonne, jumping by 4% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2015 an increase of 10% y-o-y. In that year, the average export prices for table flatware attained their peak level of $8,036 per tonne; afterwards, it flattened through to 2018.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($14,767 per tonne), while China ($6,989 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 global leaders experienced more modest paces of growth.

Global Imports 2013-2018

In 2018, the global imports of table flatware amounted to 328K tonnes, jumping by 3.7% against the previous year.

In value terms, table flatware imports amounted to $2.5B (IndexBox estimates) in 2018.

Imports by Country

In 2018, the U.S. (61K tonnes), distantly followed by Germany (15K tonnes) were the main importers of table flatware, together comprising 23% of total imports. The UK (14K tonnes), Indonesia (9.4K tonnes), the United Arab Emirates (8.7K tonnes), France (8.6K tonnes), Canada (8.5K tonnes), Iran (8.1K tonnes), the Philippines (7.9K tonnes), the Netherlands (7.6K tonnes), Spain (7.5K tonnes) and Iraq (7.4K tonnes) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +1.5% from 2013 to 2018. At the same time, Indonesia (+22.3%), Iraq (+11.1%), Spain (+8.6%), the Netherlands (+5.6%) and the Philippines (+5.4%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in the world, with a CAGR of +22.3% from 2013-2018. Canada experienced a relatively flat trend pattern.

By contrast, the UK (-1.6%), Germany (-4.2%), France (-4.7%), the United Arab Emirates (-9.2%) and Iran (-11.2%) illustrated a downward trend over the same period. From 2013 to 2018, the share of Indonesia increased by +1.8% percentage points, while the United Arab Emirates (-1.7 p.p.) and Iran (-2 p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Germany ($176M), with a 7.1% share of global imports. It was followed by the UK, with a 4.6% share.

From 2013 to 2018, the average annual growth rate of value in the U.S. totaled +1.7%. In the other countries, the average annual rates were as follows: Germany (-2.5% per year) and the UK (-0.0% per year).

Import Prices by Country

The average table flatware import price stood at $7,533 per tonne in 2018, approximately reflecting 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 Germany ($11,354 per tonne), while Iran ($3,877 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Iraq, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

asia

Granite, Sandstone And Building Stone Market in Asia – Key Insights

IndexBox has just published a new report: ‘Asia – Granite, Sandstone And Other Building Stone – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Exports in Asia

In 2018, approx. 9.7M tonnes of granite, sandstone and other building stone were exported in Asia; going up by 3.8% against the previous year. The total export volume increased at an average annual rate of +1.7% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2014 with an increase of 15% against the previous year. In that year, exports of granite, sandstone and other building stone reached their peak of 10M tonnes. From 2015 to 2018, the growth of exports of granite, sandstone and other building stone failed to regain its momentum.

In value terms, exports of granite, sandstone and other building stone stood at $1.3B (IndexBox estimates) in 2018.

Exports by Country

India was the largest exporter of granite, sandstone and other building stone exported in Asia, with the volume of exports finishing at 6.9M tonnes, which was near 71% of total exports in 2018. It was distantly followed by Indonesia (1.6M tonnes) and China (0.7M tonnes), together creating a 24% share of total exports.

India was also the fastest-growing in terms of the granite, sandstone and other building stone exports, with a CAGR of +9.1% from 2013 to 2018. Indonesia (-6.4%) and China (-10.6%) illustrated a downward trend over the same period. While the share of India (+25 p.p.) increased significantly in terms of the total exports from 2013-2018, the share of China (-5.8 p.p.) and Indonesia (-6.3 p.p.) displayed negative dynamics.

In value terms, India ($1.1B) remains the largest granite, sandstone and other building stone supplier in Asia, comprising 85% of total exports of granite, sandstone and other building stone. The second position in the ranking was occupied by China ($107M), with a 8.3% share of total exports.

Imports in Asia

In 2018, approx. 9.6M tonnes of granite, sandstone and other building stone were imported in Asia; growing by 13% against the previous year.

In value terms, imports of granite, sandstone and other building stone totaled $1.5B (IndexBox estimates) in 2018. In general, imports of granite, sandstone and other building stone continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 8.8% y-o-y. Over the period under review, imports of granite, sandstone and other building stone attained their maximum at $1.6B in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

China dominates imports of granite, sandstone and other building stone structure, reaching 7.7M tonnes, which was approx. 80% of total imports in 2018. It was distantly followed by Taiwan, Chinese (764K tonnes), committing an 8% share of total imports. The following importers – Bangladesh (405K tonnes) and Maldives (160K tonnes) – together made up 5.9% of total imports.

From 2013 to 2018, average annual rates of growth with regard to granite, sandstone and other building stone imports into China stood at +4.2%. At the same time, Bangladesh (+50.4%) and Maldives (+33.0%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Asia, with a CAGR of +50.4% from 2013-2018. Taiwan, Chinese experienced a relatively flat trend pattern. China (+15 p.p.) and Bangladesh (+3.7 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.2B) constitutes the largest market for imported granite, sandstone and other building stone in Asia, comprising 82% of total imports of granite, sandstone and other building stone. The second position in the ranking was occupied by Taiwan, Chinese ($90M), with a 6.2% share of total imports. It was followed by Bangladesh, with a 1.9% share.

Source: IndexBox AI Platform

disinfectants

Global Trade of Disinfectants Has Doubled over the Past Decade

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

Exports 2009-2018

In 2018, approx. 821K tonnes of disinfectants were exported worldwide; picking up by 3.6% against the previous year. Overall, the total exports indicated a resilient expansion from 2009 to 2018: its volume increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, disinfectants exports increased by +106.7% against 2009 indices. The growth pace was the most rapid in 2010 with an increase of 14% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, disinfectants exports stood at $2.3B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Belgium (129K tonnes) and Germany (127K tonnes) were the main exporters of disinfectants in the world, together finishing at near 31% of total exports. It was followed by the U.S. (78K tonnes), France (66K tonnes), the UK (46K tonnes), Spain (44K tonnes) and China (43K tonnes), together mixing up a 34% share of total exports. The following exporters – the Netherlands (33K tonnes), Mexico (22K tonnes), Canada (20K tonnes), Argentina (20K tonnes) and the Czech Republic (16K tonnes) – together made up 14% of total exports.

From 2009 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mexico, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest disinfectants supplying countries worldwide were Germany ($389M), Belgium ($362M) and the U.S. ($240M), together comprising 43% of global exports. The UK, France, the Netherlands, Spain, China, Mexico, Canada, the Czech Republic and Argentina lagged somewhat behind, together comprising a further 34%.

Export Prices by Country

In 2018, the average disinfectants export price amounted to $2,780 per tonne, rising by 7.4% against the previous year. In general, the disinfectants export price, however, continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2011 when the average export price increased by 7.8% y-o-y. Over the period under review, the average export prices for disinfectants attained their maximum at $3,113 per tonne in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($4,649 per tonne), while Argentina ($1,237 per tonne) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Imports 2009-2018

In 2018, approx. 890K tonnes of disinfectants were imported worldwide; surging by 7.7% against the previous year.

In value terms, disinfectants imports stood at $2.5B (IndexBox estimates) in 2018.

Imports by Country

The imports of the three major importers of disinfectants, namely Germany, Belgium and France, represented a quarter of the total imports. It was followed by the UK (40K tonnes), mixing up a 4.5% share of total imports. The following importers – Canada (38K tonnes), the Netherlands (28K tonnes), Austria (23K tonnes), Mexico (23K tonnes), the U.S. (22K tonnes), Poland (21K tonnes), China (20K tonnes) and Spain (20K tonnes) – together made up 22% of total imports.

From 2009 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($236M), Belgium ($185M) and China ($144M) were the countries with the highest levels of imports in 2018, together accounting for 23% of global imports.

Import Prices by Country

The average disinfectants import price stood at $2,798 per tonne in 2018, jumping by 5.8% against the previous year. In general, the disinfectants import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 5.8% y-o-y. Over the period under review, the average import prices for disinfectants reached their maximum at $2,888 per tonne in 2014; however, from 2015 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 China ($7,077 per tonne), while the UK ($1,478 per tonne) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

artichoke

Global Artichoke Market to Reach 1.9M Tonnes by 2030

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

The global artichoke market revenue amounted to $2.5B in 2018, rising 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).

Over the period under review, the global artichoke market reached its maximum level at $2.6B in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Consumption By Country

The countries with the highest volumes of artichoke consumption in 2018 were Italy (394K tonnes), Egypt (319K tonnes) and Spain (196K tonnes), together comprising 54% of global consumption. Peru, Algeria, Argentina and China lagged somewhat behind, together accounting for a further 28%.

From 2009 to 2018, the most notable rate of growth in terms of artichoke consumption, amongst the main consuming countries, was attained by Algeria, while artichoke consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest artichoke markets worldwide were Italy ($608M), Peru ($421M) and Egypt ($341M), with a combined 54% share of the global market. Spain, Argentina, Algeria and China lagged somewhat behind, together accounting for a further 26%.

The countries with the highest levels of artichoke per capita consumption in 2018 were Italy (6.62 kg per person), Peru (4.75 kg per person) and Spain (4.20 kg per person).

Market Forecast to 2030

Driven by increasing demand for artichoke worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.0% for the period from 2018 to 2030, which is projected to bring the market volume to 1.9M tonnes by the end of 2030.

Global Production 2009-2018

Global artichoke production totaled 1.7M tonnes in 2018, remaining constant against the previous year. The total output volume increased at an average annual rate of +1.1% over the period from 2009 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The general positive trend in terms of artichoke output was largely conditioned by a modest increase of the harvested area and slight growth in yield figures.

Production By Country

The countries with the highest volumes of artichoke production in 2018 were Italy (390K tonnes), Egypt (324K tonnes) and Spain (208K tonnes), together comprising 55% of global production. Peru, Algeria, Argentina, China, France and the U.S. lagged somewhat behind, together accounting for a further 34%.

Harvested Area and Yield 2009-2018

In 2018, the global artichoke harvested area stood at 127K ha, approximately mirroring the previous year. The global average yield of artichokes totaled 13 tonne per ha, picking up by 2% against the previous year. The yield figure increased at an average annual rate of +1.3% over the period from 2009 to 2018.

Global Exports 2009-2018

In 2018, the amount of artichokes exported worldwide stood at 34K tonnes, waning by -11.5% against the previous year. In general, artichoke exports continue to indicate a temperate contraction. In value terms, artichoke exports amounted to $51M (IndexBox estimates) in 2018.

Exports by Country

Spain was the largest exporter of artichokes exported in the world, with the volume of exports amounting to 13K tonnes, which was near 36% of total exports in 2018. It was distantly followed by France (6.2K tonnes), Italy (4.8K tonnes), Egypt (4.6K tonnes), Mexico (2K tonnes) and the U.S. (2K tonnes), together creating a 57% share of total exports. The Netherlands (895 tonnes) followed a long way behind the leaders.

Spain experienced a relatively flat trend pattern with regard to volume of exports of artichokes exports. At the same time, Mexico (+17.0%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.0% from 2009-2018. France experienced a relatively flat trend pattern. By contrast, Italy (-4.4%), the U.S. (-7.1%), Egypt (-7.4%) and the Netherlands (-13.0%) illustrated a downward trend over the same period. While the share of Mexico (+4.4 p.p.) and Spain (+2.2 p.p.) increased significantly in terms of the global exports from 2009-2018, the share of the U.S. (-5.3 p.p.), the Netherlands (-6.5 p.p.), Italy (-7 p.p.) and Egypt (-13.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($16M), France ($11M) and Italy ($7.9M) were the countries with the highest levels of exports in 2018, with a combined 69% share of global exports. Egypt, the U.S., the Netherlands and Mexico lagged somewhat behind, together accounting for a further 26%.

Export Prices by Country

The average artichoke export price stood at $1,473 per tonne in 2018, going down by -2.2% against the previous year. Over the period under review, the average export prices for artichokes reached their maximum at $1,681 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 the Netherlands ($3,423 per tonne), while Mexico ($1,006 per tonne) was amongst the lowest.

From 2009 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

oat market

U.S. Oat Market – Key Statistics, Trends, and Insights

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

The revenue of the oat market in the U.S. amounted to $525M in 2018, increasing 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).

In general, oat consumption, however, continues to indicate a temperate decrease. The pace of growth appeared the most rapid in 2008 with an increase of 26% year-to-year. In that year, the oat market attained its peak level of $861M. From 2009 to 2018, the growth of the oat market failed to regain its momentum.

Production in the U.S.

In 2018, the production of oats in the U.S. amounted to 815K tonnes, jumping by 13% against the previous year. In general, oat production, however, continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2015 with an increase of 27% against the previous year. Oat production peaked at 1.3M tonnes in 2009; however, from 2010 to 2018, production stood at a somewhat lower figure. Oat output in the U.S. indicated a drastic setback, which was largely conditioned by a deep deduction of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, oat production amounted to $288M in 2018. In general, oat production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when production volume increased by 88% against the previous year. Oat production peaked at $426M in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Harvested Area in the U.S.

Oat harvested area in the U.S. amounted to 350K ha in 2018, surging by 7.6% against the previous year. In general, the oat harvested area, however, continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2015 when harvested area increased by 23% y-o-y. Over the period under review, the harvested area dedicated to oat production attained its maximum at 609K ha in 2007; however, from 2008 to 2018, harvested area remained at a lower figure.

Yield in the U.S.

In 2018, the average yield of oats in the U.S. amounted to 2.3 tonne per ha, jumping by 5.2% against the previous year. Overall, the oat yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when yield increased by 6.8% against the previous year. Oat yield peaked at 2.5 tonne per ha in 2015; however, from 2016 to 2018, yield stood at a somewhat lower figure.

Exports from the U.S.

Oat exports from the U.S. stood at 28K tonnes in 2018, going down by -35.3% against the previous year. Over the period under review, oat exports continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2008 when exports increased by 65% year-to-year. In that year, oat exports reached their peak of 57K tonnes. From 2009 to 2018, the growth of oat exports remained at a lower figure.

In value terms, oat exports totaled $10M (IndexBox estimates) in 2018. Overall, oat exports continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2008 with an increase of 81% against the previous year. Over the period under review, oat exports attained their peak figure at $16M in 2017, and then declined slightly in the following year.

Exports by Country

Canada (9.4K tonnes) was the main destination for oat exports from the U.S., accounting for a 33% share of total exports. Moreover, oat exports to Canada exceeded the volume sent to the second major destination, Japan (4.2K tonnes), twofold. Taiwan, Chinese (2.6K tonnes) ranked third in terms of total exports with a 9% share.

From 2007 to 2018, the average annual growth rate of volume to Canada totaled -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+19.1% per year) and Taiwan, Chinese (+8.4% per year).

In value terms, the largest markets for oat exported from the U.S. were Japan ($2.4M), Canada ($2M) and China, Hong Kong SAR ($1.3M), with a combined 58% share of total exports. Mexico, Taiwan, Chinese, Singapore, China, Belize, Trinidad and Tobago and the Dominican Republic lagged somewhat behind, together comprising a further 27%.

China (+54.2% per year) experienced the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oat export price stood at $354 per tonne in 2018, remaining relatively unchanged against the previous year. Over the period under review, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +4.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices for oats attained their peak figure at $384 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 for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($1,037 per tonne), while the average price for exports to Canada ($216 per tonne) was amongst the lowest.

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

Imports into the U.S.

In 2018, approx. 1.5M tonnes of oats were imported into the U.S.; growing by 12% against the previous year. Overall, oat imports, however, continue to indicate a temperate slump. The most prominent rate of growth was recorded in 2014 when imports increased by 26% against the previous year. Imports peaked at 1.9M tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, oat imports amounted to $329M (IndexBox estimates) in 2018. Over the period under review, oat imports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2008 when imports increased by 45% against the previous year. In that year, oat imports attained their peak of $541M. From 2009 to 2018, the growth of oat imports failed to regain its momentum.

Imports by Country

In 2018, Canada (1.5M tonnes) was the main oat supplier to the U.S., accounting for a 97% share of total imports. It was followed by Sweden (27K tonnes), with a 1.8% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Canada amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.9% per year) and Finland (+6.0% per year).

In value terms, Canada ($320M) constituted the largest supplier of oat to the U.S., comprising 97% of total oat imports. The second position in the ranking was occupied by Sweden ($4.4M), with a 1.4% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Canada totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.7% per year) and Finland (+5.4% per year).

Import Prices by Country

In 2018, the average oat import price amounted to $219 per tonne, declining by -10.4% against the previous year. Overall, the oat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by 71% against the previous year. In that year, the average import prices for oats attained their peak level of $339 per tonne. From 2009 to 2018, the growth in terms of the average import prices for oats remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the country with the highest price was Canada ($220 per tonne), while the price for Sweden ($167 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced mixed trend patterns.

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