Germany - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Germany - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights

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Animal Fats Price in Germany - 2023

Contents:

  1. Animal Fats Price in Germany (CIF) - 2023
  2. Animal Fats Price in Germany (FOB) - 2022
  3. Animal Fats Imports in Germany
  4. Animal Fats Exports in Germany

Animal Fats Price in Germany (CIF) - 2023

The average animal fats import price stood at $6,304 per ton in June 2023, waning by -17% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 157% m-o-m. The import price peaked at $13,582 per ton in October 2022; however, from November 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($27,692 per ton), while the price for Poland ($2,669 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Animal Fats Price in Germany (FOB) - 2022

The average animal fats export price stood at $2,666 per ton in 2022, jumping by 28% against the previous year. In general, the export price continues to indicate slight growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $2,948 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($15,639 per ton), while the average price for exports to the Netherlands ($1,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Fats Imports in Germany

In 2022, animal fats imports into Germany expanded markedly to 3.7K tons, with an increase of 9.7% compared with 2021 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, animal fats imports surged to $23M in 2022. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, imports reached the peak of $25M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Animal Fats in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.11.13.210.9114.8%
Netherlands3.52.84.56.221.0%
DenmarkN/A3.42.62.2-19.6%
PolandN/AN/A0.20.9350.0%
Italy0.10.30.40.8100.0%
Norway3.30.90.80.6-43.3%
Spain0.61.10.40.1-45.0%
BelgiumN/A0.40.6N/A50.0%
United Kingdom4.115.10.1N/A-84.4%
Others1.60.40.81.0-14.5%
Total14.325.413.522.716.7%

Top Suppliers of Animal Fats to Germany in 2022:

  1. Netherlands (1930.4 tons)
  2. France (839.7 tons)
  3. Poland (431.8 tons)
  4. Italy (299.9 tons)
  5. Denmark (77.5 tons)
  6. Spain (33.0 tons)
  7. Norway (27.5 tons)
  8. Belgium (3.0 tons)
  9. United Kingdom (1.1 tons)

Animal Fats Exports in Germany

In 2022, approx. 3.5K tons of animal fats and oils were exported from Germany; reducing by -33.9% on 2021 figures. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 38%. As a result, the exports reached the peak of 5.3K tons, and then shrank significantly in the following year.

In value terms, animal fats exports shrank sharply to $9.4M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Animal Fats in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.71.31.72.310.6%
Belgium0.40.33.81.968.1%
Spain0.80.41.21.933.4%
Hungary0.5N/AN/A0.66.3%
Italy0.30.41.60.518.6%
United Kingdom0.47.60.80.57.7%
SwedenN/AN/A0.10.3200.0%
Poland1.30.50.60.2-46.4%
Others1.70.91.31.1-13.5%
Total7.111.411.19.49.8%

Top Export Markets for Animal Fats from Germany in 2022:

  1. Netherlands (1410.4 tons)
  2. Belgium (1081.6 tons)
  3. Spain (226.9 tons)
  4. Hungary (223.6 tons)
  5. Italy (152.3 tons)
  6. United Kingdom (100.3 tons)
  7. Sweden (76.5 tons)
  8. Poland (71.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the animal fats 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.

Product coverage:

  • Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.

Animal Fats Price in Germany Drops to $5,781 per Ton After Three Consecutive Months of Decline
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In March 2023, the animal fats price stood at $5,781 per ton (CIF, Germany), falling by -4.1% against the previous month.

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In August 2022, the vegetable oils price stood at $3,237 per ton (FOB, Germany), jumping by 16% against the previous month.

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Free Data: Animal Fats And Oils - Germany