European Glucose Market - Germany to Remain the Largest Market in the EU, Despite Recession Fears

IndexBox has just published a new report: 'EU -Glucose and Glucose Syrup - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The revenue of the glucose market in the European Union amounted to $X in 2018, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, glucose consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the glucose market reached its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Consumption By Country in the EU

The countries with the highest volumes of glucose consumption in 2018 were Germany (X tonnes), France (X tonnes) and the UK (X tonnes), together comprising X% of total consumption. These countries were followed by Italy, the Netherlands, Spain, Poland, Belgium, Sweden, the Czech Republic, Austria and Denmark, which together accounted for a further X%.

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

In value terms, the UK ($X), Germany ($X) and France ($X) were the countries with the highest levels of market value in 2018, together accounting for X% of the total market. These countries were followed by the Netherlands, Poland, Italy, Spain, Belgium, Denmark, the Czech Republic, Sweden and Austria, which together accounted for a further X%.

The countries with the highest levels of glucose per capita consumption in 2018 were Belgium (X kg per person), the Netherlands (X kg per person) and Denmark (X kg per person).

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

Market Forecast 2019-2025 in the EU

Driven by rising demand for glucose in the European Union, the market is expected to start an upward consumption trend over the next seven-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X tonnes by the end of 2025.

Production in the EU

The glucose production amounted to X tonnes in 2018, going down by -X% against the previous year. In general, glucose production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, glucose production reached its peak volume of X tonnes. From 2016 to 2018, glucose production growth remained at a lower figure.

In value terms, glucose production totaled $X in 2018 estimated in export prices. Overall, glucose production continues to indicate a slight decline. The most prominent rate of growth was recorded in 2011 when production volume increased by X% y-o-y. The level of glucose production peaked at $X in 2013; however, from 2014 to 2018, production failed to regain its momentum.

Production By Country in the EU

France (X tonnes) constituted the country with the largest volume of glucose production, accounting for X% of total production. Moreover, glucose production in France exceeded the figures recorded by the region's second-largest producer, Germany (X tonnes), twofold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in France stood at -X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Italy (+X% per year).

Exports in the EU

In 2018, approx. X tonnes of glucose and glucose syrup were exported in the European Union; lowering by -X% against the previous year. Over the period under review, glucose exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, glucose exports attained their peak figure at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, glucose exports totaled $X in 2018. In general, glucose exports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2011 when Exports increased by X% against the previous year. Over the period under review, glucose exports attained their peak figure at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, France (X tonnes), distantly followed by Belgium (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Italy (X tonnes), Slovakia (X tonnes) and Austria (X tonnes) represented the key exporters of glucose and glucose syrup, together constituting X% 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 Austria, while the other leaders experienced more modest paces of growth.

In value terms, the largest glucose markets in the European Union were France ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total exports. Germany, Italy, Austria and Slovakia lagged somewhat behind, together accounting for a further X%.

Austria recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2018, the glucose export price in the European Union amounted to $X per tonne, growing by X% against the previous year. In general, the glucose export price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The level of export price peaked at $X per tonne in 2008; however, from 2009 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 Italy ($X per tonne) and Belgium ($X per tonne), while Slovakia ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

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

Imports in the EU

In 2018, the amount of glucose and glucose syrup imported in the European Union totaled X tonnes, going down by -X% against the previous year. Over the period under review, glucose imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, glucose imports attained their maximum at X tonnes in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, glucose imports amounted to $X in 2018. In general, glucose imports, however, continue to indicate a slight setback. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The level of imports peaked at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tonnes), distantly followed by Belgium (X tonnes), the Netherlands (X tonnes), the UK (X tonnes), France (X tonnes) and Poland (X tonnes) represented the key importers of glucose and glucose syrup, together constituting X% of total imports. The Czech Republic (X tonnes), Denmark (X tonnes), Italy (X tonnes), Spain (X tonnes), Greece (X tonnes) and Finland (X tonnes) held a relatively small 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 Greece, while the other leaders experienced more modest paces of growth.

In value terms, the largest glucose importing markets in the European Union were Germany ($X), the Netherlands ($X) and the UK ($X), with a combined X% share of total imports. Belgium, France, Poland, Italy, Denmark, the Czech Republic, Spain, Greece and Finland lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Greece experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The glucose import price in the European Union stood at $X per tonne in 2018, jumping by X% against the previous year. Overall, the glucose import price, however, continues to indicate a mild drop. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. Over the period under review, the import prices for glucose and glucose syrup attained their peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform