Germany - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
German Sausage Exports Grow Tangibly
IndexBox has just published a new report: 'Germany - Sausages And Similar Products Of Meat - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
In 2020, German exports of sausages and similar meat products jumped by +7.8% y-o-y to $855M. The UK, France and Denmark constitute the largest importers of sausages from Germany, with a combined 51% share of total exports. Exports to these three countries rose in value terms due to increased prices for German sausages. The average export price for sausages from Germany grew by +14% y-o-y to $5,435 per tonne in 2020.
German Sausage Exports by Country
In 2020, German exports of sausages and similar meat products expanded by +7.8% y-o-y to $855M (IndexBox estimates). In physical terms, approx. 157K tonnes were exported from Germany, which is down by -5.4% against 2019 figures.
The UK (43K tonnes), France (25K tonnes) and Denmark (12K tonnes) were the main destinations of sausage exports from Germany, with a combined 51% share of total exports. These countries were followed by the Netherlands, Belgium, Spain, Austria, Sweden, the Czech Republic, Romania, Bulgaria, Italy and Hungary, which accounted for a further 36%.
In value terms, the UK ($230M) remains the key foreign market for sausage exports from Germany, comprising 27% of total exports. The second position in the ranking was occupied by France ($114M), with a 13% share of total exports. It was followed by the Netherlands, with a 9.3% share.
In 2020, the average annual growth rate in terms of value to the UK stood at +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+8.2% per year) and the Netherlands (+5.3% per year).
The average sausage export price stood at $5,435 per tonne in 2020, picking up by +14% against the previous year. There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the Netherlands ($7,763 per tonne), while the average price for exports to Bulgaria ($2,426 per tonne) was amongst the lowest. In 2020, the most notable growth rate in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the sausage 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 2025.
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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