Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands - 2023
Contents:
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands (FOB) - 2023
- Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands (CIF) - 2022
- Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands
- Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands (FOB) - 2023
The average export price for liquid margarine and edible mixtures of animal or vegetable fats stood at $3,799 per ton in October 2023, jumping by 41% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was New Zealand ($5,504 per ton), while the average price for exports to Suriname ($1,951 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands (CIF) - 2022
The average import price for liquid margarine and edible mixtures of animal or vegetable fats stood at $2,451 per ton in 2022, growing by 29% against the previous year. Overall, the import price, however, recorded a slight curtailment. Over the period under review, average import prices reached the peak figure at $2,934 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,363 per ton), while the price for Germany ($1,703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands
In 2022, shipments abroad of liquid margarine and edible mixtures of animal or vegetable fats decreased by -5.1% to 283K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24%. As a result, the exports attained the peak of 301K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of liquid margarine and edible mixtures of animal or vegetable fats reached $668M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 42%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 131 | 162 | 198 | 240 | 22.4% |
| Poland | 34.1 | 43.9 | 84.1 | 111 | 48.2% |
| Belgium | 37.2 | 60.0 | 51.8 | 58.7 | 16.4% |
| France | 37.1 | 59.7 | 56.4 | 50.8 | 11.0% |
| United Kingdom | 27.1 | 44.3 | 19.9 | 30.0 | 3.4% |
| Sweden | 20.1 | 23.4 | 28.8 | 21.1 | 1.6% |
| Ireland | 7.7 | 13.5 | 13.9 | 17.8 | 32.2% |
| Russia | 0.2 | 0.2 | 0.2 | 17.2 | 341.4% |
| Portugal | 0.3 | 6.1 | 12.5 | 15.4 | 271.6% |
| Austria | 9.3 | 10.6 | 13.9 | 15.2 | 17.8% |
| Spain | 13.4 | 22.8 | 25.8 | 15.1 | 4.1% |
| Denmark | 12.5 | 12.3 | 19.1 | 13.3 | 2.1% |
| Others | 38.1 | 62.3 | 87.6 | 62.5 | 17.9% |
| Total | 368 | 521 | 612 | 668 | 22.0% |
Top Export Markets for Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats from the Netherlands in 2022:
- Germany (106.3K tons)
- Poland (54.9K tons)
- Belgium (24.6K tons)
- France (19.3K tons)
- United Kingdom (10.9K tons)
- Sweden (9.9K tons)
- Portugal (7.2K tons)
- Ireland (7.1K tons)
- Austria (6.9K tons)
- Denmark (5.2K tons)
- Russia (4.9K tons)
- Spain (4.6K tons)
Imports of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands
In 2022, imports of liquid margarine and edible mixtures of animal or vegetable fats into the Netherlands rose sharply to 126K tons, growing by 7.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of 130K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of liquid margarine and edible mixtures of animal or vegetable fats skyrocketed to $308M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 58.2 | 49.8 | 70.1 | 91.5 | 16.3% |
| United States | 42.4 | 73.4 | 72.7 | 88.2 | 27.7% |
| Germany | 21.9 | 33.9 | 33.2 | 37.5 | 19.6% |
| Sweden | 2.4 | 4.6 | 2.7 | 22.4 | 110.5% |
| Switzerland | 8.5 | 9.9 | 13.1 | 16.6 | 25.0% |
| Spain | 3.7 | 6.2 | 7.6 | 15.9 | 62.6% |
| Italy | 1.6 | 3.3 | 5.9 | 7.0 | 63.6% |
| Poland | 2.0 | 2.8 | 3.6 | 5.1 | 36.6% |
| France | 5.4 | 9.8 | 2.0 | 4.6 | -5.2% |
| Others | 7.5 | 8.8 | 10.1 | 19.3 | 37.0% |
| Total | 154 | 202 | 221 | 308 | 26.0% |
Top Suppliers of Liquid Margarine and Edible Mixtures of Animal or Vegetable Fats to the Netherlands in 2022:
- Belgium (45.9K tons)
- Germany (22.0K tons)
- United States (20.2K tons)
- Sweden (10.4K tons)
- Spain (7.2K tons)
- Switzerland (4.3K tons)
- Italy (3.1K tons)
- Poland (2.4K tons)
- France (2.4K tons)
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