
Germany - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
Germany's Cream Fresh Price Rises 2% to $3,486 per Ton, Fluctuating Wildly over 2022
Germany Cream Fresh Export Price in October 2022
In October 2022, the cream fresh price stood at $3,486 per ton (FOB, Germany), rising by 2.1% against the previous month. Over the last nine-month period, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in July 2022 an increase of 8.9% month-to-month. The export price peaked at $3,507 per ton in August 2022; afterwards, it flattened through to October 2022.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($4,169 per ton), while the average price for exports to Poland ($2,538 per ton) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Germany Cream Fresh Exports
In October 2022, the amount of cream fresh exported from Germany surged to 22K tons, rising by 32% compared with September 2022 figures. The total export volume increased at an average monthly rate of +2.1% from January 2022 to October 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cream fresh exports surged to $76M (IndexBox estimates) in October 2022. In general, total exports indicated a buoyant expansion from January 2022 to October 2022: its value increased at an average monthly rate of +5.3% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2022 figures, exports increased by +34.7% against September 2022 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Germany Cream Fresh Exports by Country
Denmark (5.4K tons), Italy (3.9K tons) and Belgium (2.8K tons) were the main destinations of cream fresh exports from Germany, with a combined 55% share of total exports. France, the Netherlands, Poland, South Korea, Greece, Austria, the Czech Republic, China and Hungary lagged somewhat behind, together accounting for a further 35%.
From January 2022 to October 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +9.3%), while the other leaders experienced more modest paces of growth.
In value terms, Denmark ($19M), Italy ($15M) and Belgium ($8.8M) were the largest markets for cream fresh exported from Germany worldwide, with a combined 56% share of total exports. France, the Netherlands, Poland, South Korea, Greece, Austria, China, the Czech Republic and Hungary lagged somewhat behind, together comprising a further 33%.
In terms of the main countries of destination, Greece, with a CAGR of +13.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Factors Affecting Cream Fresh Prices
Cream fresh prices in Germany have been on the rise in recent years, due to a number of factors. The cost of milk has increased, as dairy farms face rising costs for feed and labor. The price of butter has also gone up, as global demand for the commodity increases. These higher input costs have led to higher cream fresh prices.
In addition to these cost increases, the German government has also implemented a number of taxes on dairy products in recent years. These taxes have helped to drive up the price of cream fresh, as producers must pass along these costs to consumers.
Despite these higher prices, demand for cream fresh remains strong in Germany. Consumers are willing to pay premium prices for the product, due to its high quality and taste. As a result, producers have been able to maintain healthy profit margins despite the higher costs of production.
This report provides an in-depth analysis of the cream fresh market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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