European Prepared Baking Powder Market - Austria to Remain the Largest Consumer in the EU

IndexBox has just published a new report: 'EU - Prepared Baking Powders - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.

The revenue of the prepared baking powder market in the European Union amounted to $X 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). Over the period under review, prepared baking powder consumption, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The level of prepared baking powder consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Consumption By Country in the EU

Austria (X tonnes) remains the largest prepared baking powder consuming country in the European Union, comprising approx. X% of total consumption. Moreover, prepared baking powder consumption in Austria exceeded the figures recorded by the region's second-largest consumer, Greece (X tonnes), threefold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume in Austria totaled +X%. In the other countries, the average annual rates were as follows: Greece (-X% per year) and Poland (-X% per year).

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

In 2018, the highest levels of prepared baking powder per capita consumption was registered in Austria (X kg per X persons), followed by Greece (X kg per X persons), the Netherlands (X kg per X persons) and Belgium (X kg per X persons), while the world average per capita consumption of prepared baking powder was estimated at X kg per X persons.

In Austria, prepared baking powder per capita consumption remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Greece (-X% per year) and the Netherlands (+X% per year).

Market Forecast 2019-2025 in the EU

Driven by increasing demand for prepared baking powder in the European Union, the market is expected to continue an upward consumption trend over the next seven years. Market performance is forecast to accelerate, expanding 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 prepared baking powder production stood at X tonnes in 2018, stabilizing at the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. In that year, prepared baking powder production reached its peak volume of X tonnes. From 2016 to 2018, prepared baking powder production growth remained at a somewhat lower figure.

In value terms, prepared baking powder production totaled $X in 2018 estimated in export prices. In general, prepared baking powder production continues to indicate a slight decline. The pace of growth appeared the most rapid in 2011 when production volume increased by X% y-o-y. The level of prepared baking powder production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Production By Country in the EU

The countries with the highest volumes of prepared baking powder production in 2018 were Austria (X tonnes), Germany (X tonnes) and Poland (X tonnes), together accounting for X% of total production. These countries were followed by Greece, Italy, the UK, France, Malta, the Netherlands, Spain, Hungary and Belgium, which together accounted for a further X%.

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

Exports in the EU

In 2018, the amount of prepared baking powders exported in the European Union totaled X tonnes, picking up by X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. In that year, prepared baking powder exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, prepared baking powder exports amounted to $X (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +X% over the period 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 2011 with an increase of X% y-o-y. Over the period under review, prepared baking powder exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, Germany (X tonnes), distantly followed by Poland (X tonnes), Malta (X tonnes), the UK (X tonnes), Hungary (X tonnes), Spain (X tonnes) and the Netherlands (X tonnes) represented the largest exporters of prepared baking powders, together achieving 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 Malta, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Malta ($X) and Poland ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports.

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

Export Prices by Country

In 2018, the prepared baking powder export price in the European Union amounted to $X per tonne, approximately reflecting the previous year. In general, the prepared baking powder 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 X% year-to-year. In that year, the export prices for prepared baking powders reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the export prices for prepared baking powders failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

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

Imports in the EU

In 2018, approx. X tonnes of prepared baking powders were imported in the European Union; lowering by -X% against the previous year. Overall, prepared baking powder imports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, prepared baking powder imports reached their maximum at X tonnes in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

In value terms, prepared baking powder imports stood at $X (IndexBox estimates) in 2018. Overall, prepared baking powder imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, prepared baking powder imports reached their peak figure at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

France (X tonnes), the UK (X tonnes), the Netherlands (X tonnes), Austria (X tonnes), Germany (X tonnes), Sweden (X tonnes), Poland (X tonnes), Ireland (X tonnes) and Belgium (X tonnes) represented roughly X% of total imports of prepared baking powders in 2018. Denmark (X tonnes), Croatia (X tonnes) and the Czech Republic (X tonnes) occupied a minor 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 Croatia, while the other leaders experienced more modest paces of growth.

In value terms, the largest prepared baking powder importing markets in the European Union were the UK ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports.

The Netherlands recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the prepared baking powder import price in the European Union amounted to $X per tonne, going up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices 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 the UK ($X per tonne), while Ireland ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform