Gelatin Market in the EU - Key Insights

IndexBox has just published a new report, the EU - Gelatin And Its Derivatives - Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report's key findings.

The revenue of the gelatin market in the European Union amounted to $818M in 2017, surging by 2.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.4% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2011, when it surged by 33% year-to-year. Over the period under review, the gelatin market attained its maximum level at $1.1B in 2014; however, from 2015 to 2017, consumption stood at a somewhat lower figure.

Production in the EU

The gelatin production amounted to 154K tonnes in 2017, leveling off at the previous year. The total output volume increased at an average annual rate of +1.1% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years.

Exports in the EU

In 2017, approx. 151K tonnes of gelatin and its derivatives were exported in the European Union; increasing by 5.6% against the previous year. The total export volume increased at an average annual rate of +2.8% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, gelatin exports stood at $868M (IndexBox estimates) in 2017. The total export value increased at an average annual rate of +3.8% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, gelatin exports reached their peak figure at $909M in 2013; however, from 2014 to 2017, exports remained at a lower figure.

Exports by Country

In 2017, Germany (31K tonnes), Belgium (28K tonnes), France (26K tonnes), the Netherlands (18K tonnes), Spain (15K tonnes), Italy (10K tonnes), Slovakia (7.6K tonnes) and the UK (6.6K tonnes) represented the main exporters of gelatin and its derivatives in the European Union, generating 95% of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($249M), France ($151M) and Belgium ($150M) appeared to be the countries with the highest levels of exports in 2017, together comprising 63% of total exports. These countries were followed by the Netherlands, Italy, Spain, the UK and Slovakia, which together accounted for a further 32%.

Export Prices by Country

The gelatin export price in the European Union stood at $5.8 per kg in 2017, growing by 3.4% against the previous year. The the gelatin export price continues to indicate a mild expansion.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($7,956 per tonne), while Spain ($3,334 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2017, the amount of gelatin and its derivatives imported in the European Union totaled 128K tonnes, remaining stable against the previous year. The gelatin imports continue to indicate a relatively flat trend pattern.

In value terms, gelatin imports totaled $800M (IndexBox estimates) in 2017. The total import value increased at an average annual rate of +3.0% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, gelatin imports attained their peak figure at $841M in 2013; however, from 2014 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, Germany (21K tonnes), followed by the Netherlands (13K tonnes), Belgium (13K tonnes), Spain (12K tonnes), the UK (11K tonnes), France (10K tonnes), Hungary (8.2K tonnes), Italy (7.9K tonnes) and Poland (6.2K tonnes) represented the key importers of gelatin and its derivatives, together committing 80% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Spain, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($177M), Belgium ($94M) and the UK ($88M) were the countries with the highest levels of imports in 2017, together accounting for 45% of total imports. The Netherlands, France, Spain, Poland, Italy and Hungary lagged somewhat behind, together comprising a further 37%.

Import Prices by Country

The gelatin import price in the European Union stood at $6.2 per kg in 2017, surging by 8.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2011, when it surged by 31% year-to-year. The level of import price peaked at $7,335 per tonne in 2013; however, from 2014 to 2017, import prices failed to regain their momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($8,292 per tonne), while Hungary ($2,570 per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform