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Global Market for Meat Flour, Meals And Pellets 2020: Exports is Under Pressure

meat

Global Market for Meat Flour, Meals And Pellets 2020: Exports is Under Pressure

IndexBox has just published a new report: ‘World – Flours, Meals And Pellets Of Meat Or Meat Offal – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The global meat meals and pellets market revenue amounted to $23.1B in 2018, jumping by 6% against the previous year. In general, the total market indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +2.1% over the last eleven years.

However, the intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.

Consumption By Country

China (6.6M tonnes) remains the largest meat meals and pellets consuming country worldwide, comprising approx. 17% of total volume. Moreover, meat meals and pellets consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.3M tonnes), twofold. The third position in this ranking was occupied by India (2.6M tonnes), with a 6.6% share.

In China, meat meals and pellets consumption increased at an average annual rate of +2.4% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of consumption growth: the U.S. (-0.1% per year) and India (+2.8% per year).

Exports 2007-2018

In 2018, approx. 4.4M tonnes of flours, meals and pellets of meat or meat offal were exported worldwide; going up by 14% against the previous year. Overall, meat meals and pellets exports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 with an increase of 26% year-to-year. The global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, meat meals and pellets exports amounted to $2.2B (IndexBox estimates) in 2018. Over the period under review, meat meals and pellets exports continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2008 with an increase of 37% year-to-year. Over the period under review, global meat meals and pellets exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, the U.S. (969K tonnes), distantly followed by the Netherlands (434K tonnes), Germany (354K tonnes), Australia (300K tonnes), France (298K tonnes), Spain (224K tonnes) and Poland (214K tonnes) represented the main exporters of flours, meals and pellets of meat or meat offal, together comprising 64% of total exports. The following exporters – Italy (196K tonnes), Brazil (168K tonnes), New Zealand (157K tonnes), Belgium (155K tonnes) and the UK (94K tonnes) – together made up 18% of total exports.

From 2007 to 2018, average annual rates of growth with regard to meat meals and pellets exports from the U.S. stood at +11.6%. At the same time, Poland (+30.8%), the Netherlands (+15.1%), Spain (+14.7%), France (+13.9%), the UK (+11.9%), Belgium (+11.6%), Germany (+10.6%), Brazil (+8.2%) and Italy (+7.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.8% from 2007-2018. Australia and New Zealand experienced a relatively flat trend pattern. While the share of the U.S. (+15 p.p.), the Netherlands (+7.8 p.p.), Germany (+5.4 p.p.), France (+5.2 p.p.), Poland (+4.6 p.p.), Spain (+4 p.p.), Italy (+2.5 p.p.), Belgium (+2.5 p.p.), Brazil (+2.2 p.p.) and the UK (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($564M) remains the largest meat meals and pellets supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by Australia ($219M), with a 10% share of global exports. It was followed by the Netherlands, with a 9.5% share.

In the U.S., meat meals and pellets exports increased at an average annual rate of +15.1% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (+6.8% per year) and the Netherlands (+18.2% per year).

Export Prices by Country

In 2018, the average meat meals and pellets export price amounted to $497 per tonne, rising by 2.2% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2008 an increase of 18% against the previous year. Over the period under review, the average export prices for flours, meals and pellets of meat or meat offal reached their maximum at $576 per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($730 per tonne), while Belgium ($327 per tonne) was amongst the lowest.

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

Imports 2007-2018

Global imports stood at 4M tonnes in 2018, surging by 14% against the previous year. Over the period under review, the total imports indicated a resilient increase from 2007 to 2018: its volume increased at an average annual rate of +9.3% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, meat meals and pellets imports increased by +165.5% against 2007 indices. The pace of growth was the most pronounced in 2008 when imports increased by 27% y-o-y. Over the period under review, global meat meals and pellets imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, meat meals and pellets imports stood at $2B (IndexBox estimates) in 2018. Overall, meat meals and pellets imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2008 when imports increased by 39% y-o-y. The global imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The countries with the highest levels of meat meals and pellets imports in 2018 were Viet Nam (412K tonnes), the Philippines (336K tonnes), Thailand (315K tonnes), China (307K tonnes), Italy (291K tonnes), the U.S. (233K tonnes), the Netherlands (202K tonnes), Germany (157K tonnes), Mexico (144K tonnes), Chile (134K tonnes), France (108K tonnes) and Canada (80K tonnes), together reaching 68% 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 Philippines, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest meat meals and pellets importing markets worldwide were China ($207M), Viet Nam ($156M) and Thailand ($155M), together comprising 26% of global imports. These countries were followed by the U.S., the Philippines, Germany, the Netherlands, Italy, France, Chile, Canada and Mexico, which together accounted for a further 42%.

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

Import Prices by Country

The average meat meals and pellets import price stood at $504 per tonne in 2018, reducing by -2.8% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. In that year, the average import prices for flours, meals and pellets of meat or meat offal attained their peak level of $610 per tonne. From 2014 to 2018, the growth in terms of the average import prices for flours, meals and pellets of meat or meat offal remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($869 per tonne), while Italy ($300 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

steel

Global Iron Or Steel Pipe And Tube Market Increased to $124.6B

IndexBox has just published a new report: ‘World – Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The revenue of the market for tubes, pipes and hollow profiles (of iron or steel) worldwide amounted to $124.6B in 2018, rising by 3.9% 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).

Consumption By Country

China (23M tonnes) constituted the country with the largest volume of consumption of tubes, pipes and hollow profiles (of iron or steel), comprising approx. 21% of total volume. Moreover, consumption of tubes, pipes and hollow profiles (of iron or steel) in China exceeded the figures recorded by the second-largest consumer, India (10M tonnes), twofold. Russia (9M tonnes) ranked third in terms of total consumption with a 8.4% share.

In China, consumption of tubes, pipes and hollow profiles (of iron or steel) remained relatively stable over the period from 2007-2018.

Production 2007-2018

In 2018, the amount of tubes, pipes and hollow profiles (of iron or steel) produced worldwide amounted to 109M tonnes, rising by 2.2% against the previous year. In general, production of tubes, pipes and hollow profiles (of iron or steel) continues to indicate a relatively flat trend pattern. Over the period under review, global production of tubes, pipes and hollow profiles (of iron or steel) reached its maximum volume in 2018 and is likely to see steady growth in the near future.

Production By Country

China (30M tonnes) remains the largest iron or steel pipe and tube producing country worldwide, comprising approx. 28% of total volume. Moreover, production of tubes, pipes and hollow profiles (of iron or steel) in China exceeded the figures recorded by the second-largest producer, India (11M tonnes), threefold. The third position in this ranking was occupied by Russia (11M tonnes), with a 9.9% share.

From 2007 to 2018, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: India (+10.7% per year) and Russia (+2.0% per year).

Exports 2007-2018

Global exports totaled 45M tonnes in 2018, growing by 7.3% against the previous year. Over the period under review, exports of tubes, pipes and hollow profiles (of iron or steel), however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by 20% y-o-y. The global exports peaked at 49M tonnes in 2008; however, from 2009 to 2018, exports failed to regain their momentum. In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) amounted to $58.4B (IndexBox estimates) in 2018.

Exports by Country

In 2018, China (8.3M tonnes), distantly followed by Italy (3,421K tonnes), South Korea (3,392K tonnes), Germany (3,023K tonnes), Russia (2,472K tonnes) and Japan (2,157K tonnes) were the major exporters of tubes, pipes and hollow profiles (of iron or steel), together committing 51% of total exports. The following exporters – Turkey (1,995K tonnes), India (1,884K tonnes), Mexico (1,841K tonnes), Canada (1,233K tonnes), the U.S. (1,179K tonnes) and Austria (772K tonnes) – together made up 20% of total exports.

China experienced a relatively flat trend pattern of tubes, pipes and hollow profiles (of iron or steel) exports. At the same time, South Korea (+8.2%), Mexico (+7.9%), Russia (+6.7%), Turkey (+2.3%) and India (+2.3%) displayed positive paces of growth. Italy and Austria experienced a relatively flat trend pattern. By contrast, Canada (-1.4%), Germany (-2.0%), the U.S. (-2.6%) and Japan (-3.8%) illustrated a downward trend over the same period.

Export Prices by Country

In 2018, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $1,300 per tonne, rising by 2.8% against the previous year. Over the period under review, the export price for tubes, pipes and hollow profiles (of iron or steel), however, continues to indicate a slight downturn.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($2,287 per tonne), while Turkey ($836 per tonne) was amongst the lowest.

Imports 2007-2018

Global imports stood at 43M tonnes in 2018, picking up by 7.4% against the previous year. Over the period under review, imports of tubes, pipes and hollow profiles (of iron or steel), however, continue to indicate a relatively flat trend pattern. In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) amounted to $62.8B (IndexBox estimates) in 2018.

Imports by Country

In 2018, the U.S. (6.7M tonnes), distantly followed by Germany (2,210K tonnes) were the main importers of tubes, pipes and hollow profiles (of iron or steel), together comprising 21% of total imports. Australia (1,928K tonnes), Canada (1,581K tonnes), France (1,387K tonnes), Saudi Arabia (1,169K tonnes), Mexico (1,073K tonnes), Poland (970K tonnes), Italy (933K tonnes), the UK (926K tonnes), the United Arab Emirates (899K tonnes) and the Netherlands (876K tonnes) held a little share of total imports.

In value terms, the U.S. ($10B) constitutes the largest market for imported tubes, pipes and hollow profiles (of iron or steel) worldwide, comprising 16% of global imports. The second position in the ranking was occupied by Germany ($3.4B), with a 5.4% share of global imports. It was followed by Australia, with a 4.1% share.

Import Prices by Country

The average import price for tubes, pipes and hollow profiles (of iron or steel) stood at $1,460 per tonne in 2018, rising by 8.1% against the previous year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($1,988 per tonne), while the United Arab Emirates ($1,205 per tonne) was amongst the lowest.

Source: IndexBox AI Platform

gingerbread

Gingerbread Market in the EU to Expand Moderately Over the Next Decade

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

The revenue of the gingerbread market in the European Union amounted to $704M in 2018. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Consumption By Country in the EU

The countries with the highest volumes of gingerbread consumption in 2018 were Germany (73K tonnes), the Netherlands (40K tonnes) and Spain (35K tonnes), together comprising 53% of total consumption. These countries were followed by Italy, Poland, Belgium, France, Romania, Greece, Sweden, the Czech Republic and Austria, which together accounted for a further 35%.

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

In value terms, Germany ($209M), Italy ($114M) and the Netherlands ($88M) were the countries with the highest levels of market value in 2018, with a combined 58% share of the total market. Poland, France, Belgium, Greece, Sweden, Austria, Romania, the Czech Republic and Spain lagged somewhat behind, together comprising a further 29%.

In 2018, the highest levels of gingerbread per capita consumption was registered in the Netherlands (2,361 kg per 1000 persons), followed by Germany (886 kg per 1000 persons), Belgium (799 kg per 1000 persons) and Spain (748 kg per 1000 persons), while the world average per capita consumption of gingerbread was estimated at 544 kg per 1000 persons.

Market Forecast 2019-2025 in the EU

Driven by rising demand for gingerbread in the European Union, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.8% for the period from 2018 to 2030, which is projected to bring the market volume to 304K tonnes by the end of 2030.

Production in the EU

In 2018, approx. 294K tonnes of gingerbread were produced in the European Union; flattening at the previous year. In general, gingerbread production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when gingerbread production reached its peak volume of 305K tonnes. From 2015 to 2018, gingerbread production growth remained at a somewhat lower figure.

Production By Country in the EU

The countries with the highest volumes of gingerbread production in 2018 were Germany (83K tonnes), the Netherlands (45K tonnes) and Spain (37K tonnes), with a combined 56% share of total production. These countries were followed by Italy, Poland, Ireland, Belgium and Sweden, which together accounted for a further 31%.

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

Exports in the EU

In 2018, the exports of gingerbread in the European Union stood at 79K tonnes, surging by 11% against the previous year. The total export volume increased at an average annual rate of +3.1% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, gingerbread exports attained their peak figure in 2018 and are expected to retain its growth in the near future. In value terms, gingerbread exports amounted to $250M (IndexBox estimates) in 2018.

Exports by Country

Germany (18K tonnes) and Ireland (17K tonnes) represented the major exporters of gingerbread in 2018, finishing at approx. 22% and 21% of total exports, respectively. Poland (8,694 tonnes) held an 11% share (based on tonnes) of total exports, which put it in second place, followed by the UK (9.4%), Belgium (7%), the Netherlands (6.4%) and France (6.1%).

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

In value terms, Germany ($73M), Ireland ($43M) and Poland ($27M) constituted the countries with the highest levels of exports in 2018, with a combined 57% share of total exports.

Export Prices by Country

The gingerbread export price in the European Union stood at $3,160 per tonne in 2018, shrinking by -2.1% against the previous year. Over the period under review, the gingerbread export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for gingerbread attained their maximum at $3,530 per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($4,095 per tonne), while France ($1,805 per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, approx. 63K tonnes of gingerbread were imported in the European Union; increasing by 14% against the previous year. The total import volume increased at an average annual rate of +1.0% over the period from 2007 to 2018. In value terms, gingerbread imports stood at $190M (IndexBox estimates) in 2018.

Imports by Country

France (10,983 tonnes), the UK (8,519 tonnes) and Germany (7,870 tonnes) represented roughly 43% of total imports of gingerbread in 2018. Belgium (4,999 tonnes) ranks next in terms of the total imports with a 7.9% share, followed by Austria (6.4%), the Czech Republic (6.2%) and Romania (5%). Portugal (2,738 tonnes), Ireland (2,359 tonnes), Slovakia (2,153 tonnes), Hungary (1,899 tonnes) and Italy (1,716 tonnes) held a little share 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 Portugal, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($42M), Germany ($26M) and the UK ($24M) constituted the countries with the highest levels of imports in 2018, together accounting for 49% of total imports.

Import Prices by Country

The gingerbread import price in the European Union stood at $3,008 per tonne in 2018, shrinking by -2.2% against the previous year. Overall, the gingerbread import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was France ($3,852 per tonne), while Belgium ($1,877 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

essential oil

Essential Oil Market Size Estimated To Reach $16,172.2 Million By 2026

According to a new report published by Polaris Market Research the essential oil market is anticipated to reach USD $16,172.2 million by 2026. In 2017, the orange essential oil segment dominated the global market, in terms of revenue. Europe is expected to be the leading contributor to the global market revenue during the forecast period.

A significant increase in disposable income, changing lifestyles, and initiatives by market players to promote healthy lifestyles drive the growth of this market. Other driving factors include increasing incidences of stress and anxiety, growing inclination towards the use of natural and organic products, and increasing awareness regarding physical and mental health. The use of essential oils in various applications such as food and beverages, healthcare, pharmaceutical, cosmetics, and aromatherapy further propel market growth. Increasing demand in developing nations is expected to provide numerous growth opportunities to market players during the forecast period.

There has been a shift towards e-commerce and consumers are increasingly purchasing essential oils through online platforms. The variety of choices available coupled with ease of purchase offered by online platforms encourages consumers to buy essential oils online, supplementing the growth of the market.

Improvement in lifestyle due to the rise in income level, especially in the developing countries of Asia-Pacific fuels the demand for essential oils market. Factors such as increase in per capita income and changes in consumer behavior towards physical and mental health are expected to accelerate the adoption of essential oils in the coming years.

Europe generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The high geriatric population in the region coupled with high disposable income drives market growth. The high demand of essential oils in food & beverages and cosmetic products support the market growth in the region. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing disposable incomes in developing countries of this region, rising awareness about benefits of essential oils, and rising demand of essential oils from healthcare sector in this region.

The different types of essential oils in the market include lemon, lime, orange, corn mint, eucalyptus, peppermint, citronella, clove leaf, and others. In 2017, the orange essential oil segment accounted for the highest market share. The increasing demand for orange essential oil is owing to properties such as anti-inflammatory, antidepressant, and antispasmodic. Use of orange essential oil has a calming effect on mind and body, and is used in various cosmetics products. It is also used in various foods and beverages to enhance flavor.

The well-known companies profiled in the report include Dōterra International LLC., Rocky Mountain Oils, LLC, Naturals Together, Robertet SA, Now Health Group, Inc., Biolandes SAS, Falcon Essential Oils, Ungerer Limited, The Lebermuth Company, Flavex Naturextrakte GmbH, Farotti Srl, and E. I. Du Pont De Nemours and Company among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

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For More Information About Essential oil market Please Click The Link Below @  https://www.polarismarketresearch.com/industry-analysis/essential-oil-market/request-for-sample

 

pork

EU Salt Pork Market Is Estimated at $5.2B

IndexBox has just published a new report: ‘EU – Pig Meat Salted (Salted, In Brine, Dried Or Smoked) – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The market size for preserved pork in the European Union is estimated at $5.2B (2018), an increase of 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

Over the period under review, preserved pork consumption, however, continues to indicate a temperate setback. The growth pace was the most rapid in 2013 with an increase of 5.6% against the previous year. The level of preserved pork consumption peaked at $6.8B in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Consumption By Country in the EU

The UK (419K tonnes) constituted the country with the largest volume of preserved pork consumption, accounting for 39% of total consumption. Moreover, preserved pork consumption in the UK exceeded the figures recorded by the region’s second-largest consumer, Germany (116K tonnes), fourfold. The third position in this ranking was occupied by Italy (94K tonnes), with a 8.8% share.

From 2008 to 2018, the average annual growth rate of volume in the UK totaled -2.7%. In the other countries, the average annual rates were as follows: Germany (-5.0% per year) and Italy (+6.8% per year).

In value terms, the UK ($1.9B) led the market, alone. The second position in the ranking was occupied by France ($748M). It was followed by Germany.

The countries with the highest levels of preserved pork per capita consumption in 2018 were Ireland (12,561 kg per 1000 persons), the UK (6,284 kg per 1000 persons) and Romania (2,789 kg per 1000 persons).

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

Production in the EU

In 2018, the amount of pig meat salted (salted, in brine, dried or smoked) produced in the European Union totaled 1.1M tonnes, remaining constant against the previous year. Over the period under review, preserved pork production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of 11% y-o-y. In that year, preserved pork production attained its peak volume of 1.3M tonnes. From 2010 to 2018, preserved pork production growth remained at a somewhat lower figure.

In value terms, preserved pork production stood at $4.8B in 2018 estimated in export prices. Overall, preserved pork production, however, continues to indicate a measured setback. The most prominent rate of growth was recorded in 2013 with an increase of 6.8% year-to-year. The level of preserved pork production peaked at $6.4B in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Production By Country in the EU

The countries with the highest volumes of preserved pork production in 2018 were the UK (247K tonnes), Germany (151K tonnes) and Italy (141K tonnes), with a combined 48% share of total production.

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

Exports in the EU

In 2018, the preserved pork exports in the European Union totaled 398K tonnes, stabilizing at the previous year. In general, preserved pork exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 5.7% y-o-y. The volume of exports peaked at 423K tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, preserved pork exports totaled $2.2B (IndexBox estimates) in 2018. Over the period under review, preserved pork exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2011 when exports increased by 8.1% year-to-year. The level of exports peaked at $2.4B in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, the Netherlands (98K tonnes), distantly followed by Italy (60K tonnes), Germany (58K tonnes), Denmark (55K tonnes), Spain (50K tonnes), Poland (31K tonnes) and the UK (18K tonnes) were the major exporters of pig meat salted (salted, in brine, dried or smoked), together committing 93% 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 Poland, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($648M), Spain ($423M) and the Netherlands ($292M) constituted the countries with the highest levels of exports in 2018, with a combined 63% share of total exports.

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

Export Prices by Country

In 2018, the preserved pork export price in the European Union amounted to $5,399 per tonne, remaining relatively unchanged against the previous year. Overall, the preserved pork export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 6.7% y-o-y. Over the period under review, the export prices for pig meat salted (salted, in brine, dried or smoked) attained their peak figure at $6,151 per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($10,792 per tonne), while Denmark ($2,876 per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced a decline in the export price figures.

Imports in the EU

In 2018, the amount of pig meat salted (salted, in brine, dried or smoked) imported in the European Union totaled 339K tonnes, going up by 1.9% against the previous year. Over the period under review, preserved pork imports, however, continue to indicate a temperate slump. The pace of growth was the most pronounced in 2010 with an increase of 48% y-o-y. In that year, preserved pork imports attained their peak of 433K tonnes. From 2011 to 2018, the growth of preserved pork imports remained at a somewhat lower figure.

In value terms, preserved pork imports stood at $1.8B (IndexBox estimates) in 2018. In general, preserved pork imports, however, continue to indicate a temperate setback. The growth pace was the most rapid in 2013 with an increase of 10% against the previous year. The level of imports peaked at $2.3B in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The UK prevails in preserved pork imports structure, accounting for 190K tonnes, which was approx. 56% of total imports in 2018. France (34K tonnes) ranks second in terms of the total imports with a 10% share, followed by Germany (7%) and Ireland (4.9%). The following importers – Italy (13,638 tonnes), Austria (8,514 tonnes), Denmark (8,242 tonnes), Belgium (8,025 tonnes) and the Netherlands (5,643 tonnes) – together made up 13% of total imports.

From 2008 to 2018, average annual rates of growth with regard to preserved pork imports into the UK stood at -4.0%. At the same time, Austria (+9.6%), France (+3.5%), Germany (+3.0%), Italy (+2.3%) and Ireland (+2.2%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer in the European Union, with a CAGR of +9.6% from 2008-2018. By contrast, Belgium (-1.6%), Denmark (-5.5%) and the Netherlands (-8.0%) illustrated a downward trend over the same period. France (+2.9 p.p.), Germany (+1.8 p.p.) and Austria (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Denmark, the Netherlands and the UK saw its share reduced by -1.9%, -2.2% and -27.9% from 2008 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($634M) constitutes the largest market for imported pig meat salted (salted, in brine, dried or smoked) in the European Union, comprising 36% of total preserved pork imports. The second position in the ranking was occupied by France ($280M), with a 16% share of total imports. It was followed by Germany, with a 14% share.

In the UK, preserved pork imports shrank by an average annual rate of -6.5% over the period from 2008-2018. The remaining importing countries recorded the following average annual rates of imports growth: France (+1.7% per year) and Germany (+1.6% per year).

Import Prices by Country

In 2018, the preserved pork import price in the European Union amounted to $5,220 per tonne, jumping by 2.5% against the previous year. Overall, the preserved pork import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of 22% against the previous year. In that year, the import prices for pig meat salted (salted, in brine, dried or smoked) reached their peak level of $6,609 per tonne. From 2010 to 2018, the growth in terms of the import prices for pig meat salted (salted, in brine, dried or smoked) remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($11,387 per tonne), while the UK ($3,331 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

almond

Global Almond Market 2019 – After Five Years of Robust Growth of In-Shell Nut Imports, India Emerges as the Most Promising Market

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

The global almond market revenue amounted to $10.5B in 2018, going up by 6.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). In general, the total market indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +2.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the almond consumption increased by +62.4% against 2008 indices. The pace of growth was the most pronounced in 2011, when the market value increased by 18% against the previous year. Global almond consumption peaked in 2018, and is likely to continue its growth in the immediate term.

Production 2007-2018

Global almond production stood at 2.4M tonnes in 2018, rising by 3.8% against the previous year. The total output volume increased at an average annual rate of +2.8% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2011, when the output figure increased by 13% year-to-year. Global almond production peaked in 2018, and is expected to retain its growth in the near future. The general positive trend in terms of almond output was largely conditioned by a measured increase of the harvested area and a slight growth in yield figures.

Exports 2007-2018

Global exports totaled 306K tonnes in 2018, coming down by -6.2% against the previous year. Overall, the total exports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +7.0% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, almond exports amounted to $1.3B (IndexBox estimates) in 2018.

Exports by Country

In 2018, the U.S. (204K tonnes) represented the major exporter for almonds, generating 67% of total exports. China, Hong Kong SAR (36K tonnes) ranks second in terms of the total exports with a 12% share, followed by Australia (7%) and Benin (6.8%). The United Arab Emirates (7K tonnes) followed a long way behind the leaders.

Exports from the U.S. increased at an average annual rate of +11.5% from 2007 to 2018. At the same time, Australia (+12.1%) and the United Arab Emirates (+7.6%) displayed positive paces of growth. Moreover, Australia emerged as the fastest growing exporter in the world, with a CAGR of +12.1% from 2007-2018. Benin and China, Hong Kong SAR experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S. and Australia increased by +47% and +5% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($993M) remains the largest almond supplier worldwide, comprising 76% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($117M), with a 9% share of global exports. It was followed by Australia, with a 8.1% share.

Export Prices by Country

The average almond export price stood at $4,284 per tonne in 2018, therefore, remained relatively stable against the previous year. In general, the export price indicated remarkable growth from 2007 to 2018: its price increased at an average annual rate of +4.4% 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 almond export price decreased by -1.4% against 2015 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 Australia ($4,963 per tonne), while Benin ($448 per tonne) was amongst the lowest.

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

Imports 2007-2018

In 2018, approx. 299K tonnes of almonds were imported worldwide; going down by -2% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2016, with an increase of 20% against the previous year. Global imports peaked at 325K tonnes in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure. In value terms, almond imports totaled $1.4B (IndexBox estimates) in 2018. Overall, almond imports, however, continue to indicate remarkable expansion. The pace of growth was the most pronounced in 2011, with an increase of 19% y-o-y. Over the period under review, global almond imports attained their maximum at $1.4B in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, India (131K tonnes) represented the key importer for almonds, making up 44% of total imports. It was distantly followed by Viet Nam (61K tonnes), China, Hong Kong SAR (46K tonnes) and China (15K tonnes), together committing 41% share of total imports. The following importers – the United Arab Emirates (6.2K tonnes), Japan (5.8K tonnes) and Spain (5.8K tonnes) – each amounted to a 5.9% share of total imports.

Imports into India increased at an average annual rate of +9.8% from 2007 to 2018. At the same time, China (+21.6%), China, Hong Kong SAR (+16.8%), Spain (+7.4%) and the United Arab Emirates (+7.0%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +21.6% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, Viet Nam (-6.0%) illustrated a downward trend over the same period. While the share of India (+28 p.p.), China, Hong Kong SAR (+13 p.p.) and China (+4.3 p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Viet Nam (-19.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($666M) constitutes the largest market for imported almonds worldwide, comprising 48% of global imports. The second position in the ranking was occupied by Viet Nam ($243M), with a 17% share of global imports. It was followed by China, Hong Kong SAR, with a 15% share.

Import Prices by Country

The average almond import price stood at $4,675 per tonne in 2018, approximately reflecting the previous year. Over the period under review, the almond import price continues to indicate strong growth. 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 ($6,976 per tonne), while Spain ($3,921 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform