Price for Homogenised Composite Food Preparations in Germany - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Germany (FOB) - 2023
2. Price for Homogenised Composite Food Preparations in Germany (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Germany
4. Imports of Homogenised Composite Food Preparations in Germany

Price for Homogenised Composite Food Preparations in Germany (FOB) - 2023

The average homogenised composite food preparations export price stood at $4,701 per ton in February 2023, which is down by -7.5% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 17% m-o-m. As a result, the export price attained the peak level of $5,083 per ton, and then fell in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($7,956 per ton), while the average price for exports to the Netherlands ($3,840 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Germany (CIF) - 2022

The average homogenised composite food preparations import price stood at $3,383 per ton in 2022, falling by -2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 11%. The import price peaked at $3,456 per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($9,661 per ton), while the price for the Netherlands ($2,359 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Homogenised Composite Food Preparations in Germany

In 2022, approx. 14K tons of homogenised composite food preparationses were exported from Germany; increasing by 4.8% against 2021. The total export volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 8.1% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, homogenised composite food preparations exports fell to $62M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $65M, and then fell modestly in the following year.

Top Export Markets for Homogenised Composite Food Preparations from Germany in 2022:

1. Czech Republic (2.7K tons)
2. Austria (2.6K tons)
3. Hungary (1.8K tons)
4. Italy (1.3K tons)
5. Poland (1.0K tons)
6. Netherlands (0.9K tons)
7. Switzerland (0.8K tons)
8. United Kingdom (0.6K tons)
9. Sweden (0.2K tons)

Imports of Homogenised Composite Food Preparations in Germany

Homogenised composite food preparations imports into Germany reached 17K tons in 2022, with an increase of 13% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +55.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, homogenised composite food preparations imports expanded sharply to $58M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Homogenised Composite Food Preparations to Germany in 2022:

1. Italy (7.7K tons)
2. Hungary (3.2K tons)
3. Austria (2.3K tons)
4. Netherlands (2.2K tons)
5. France (0.5K tons)
6. Spain (0.4K tons)