Report Update: May 1, 2024

Germany - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights

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Glucose Price in Germany - 2023

Glucose Price in Germany (CIF) - 2023

In September 2023, the average glucose import price amounted to $908 per ton, reducing by -2.3% against the previous month. Over the period under review, import price indicated notable growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose import price decreased by +0.6% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 41% against the previous month. Over the period under review, average import prices attained the peak figure at $1,084 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,128 per ton), while the price for the Netherlands ($369 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Glucose Price in Germany (FOB) - 2022

The average glucose export price stood at $750 per ton in 2022, jumping by 40% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glucose export price increased by +80.6% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,003 per ton), while the average price for exports to France ($562 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 Denmark (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Glucose Imports in Germany

In 2022, approx. 767K tons of glucose and glucose syrup were imported into Germany; growing by 2.2% on the previous year's figure. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, glucose imports skyrocketed to $467M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glucose in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	55.4	61.3	148	214	56.9%
France	99.4	100	89.4	102	0.9%
Italy	8.8	15.8	15.7	33.3	55.8%
Austria	20.2	19.2	23.0	29.3	13.2%
Hungary	9.5	15.6	17.7	26.8	41.3%
Bulgaria	36.2	12.5	12.5	20.3	-17.5%
Netherlands	38.8	34.1	6.7	13.0	-30.5%
Poland	8.3	4.6	2.6	3.3	-26.5%
Others	17.4	14.4	14.8	25.0	12.8%
Total	294	278	330	467	16.7%

Top Suppliers of Glucose to Germany in 2022:

Belgium (352.2K tons)
France (171.7K tons)
Hungary (59.0K tons)
Austria (52.7K tons)
Italy (50.0K tons)
Bulgaria (38.4K tons)
Netherlands (18.2K tons)
Poland (4.3K tons)

Glucose Exports in Germany

In 2022, overseas shipments of glucose and glucose syrup decreased by -6.5% to 225K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 7.3%. As a result, the exports reached the peak of 241K tons, and then reduced in the following year.

In value terms, glucose exports surged to $169M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Glucose in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	20.8	21.7	25.0	34.2	18.0%
Denmark	8.6	8.0	16.5	28.4	48.9%
Belgium	11.3	10.6	12.7	15.6	11.3%
Austria	3.9	6.4	9.8	14.0	53.1%
United Kingdom	8.0	10.4	12.6	11.9	14.2%
Poland	7.8	6.3	8.4	9.5	6.8%
Sweden	4.2	4.0	6.3	9.3	30.3%
France	4.6	4.9	4.9	8.0	20.3%
Italy	3.1	3.4	4.4	4.7	14.9%
Others	19.9	22.2	28.8	33.4	18.8%
Total	92.3	97.9	129	169	22.3%

Top Export Markets for Glucose from Germany in 2022:

Netherlands (56.5K tons)
Denmark (38.9K tons)
Belgium (24.9K tons)
Austria (19.1K tons)
France (14.3K tons)
Poland (13.2K tons)
United Kingdom (11.8K tons)
Sweden (11.6K tons)
Italy (7.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the glucose 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 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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