Price for Protein; Concentrates and Textured Protein Substances in the Netherlands - 2023
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in the Netherlands (FOB) - 2023
- Price for Protein; Concentrates and Textured Protein Substances in the Netherlands (CIF) - 2023
- Exports of Protein; Concentrates and Textured Protein Substances in the Netherlands
- Imports of Protein; Concentrates and Textured Protein Substances in the Netherlands
Price for Protein; Concentrates and Textured Protein Substances in the Netherlands (FOB) - 2023
In September 2023, the average export price for protein; concentrates and textured protein substanceses amounted to $6,262 per ton, rising by 16% against the previous month. Over the last ten months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in April 2023 an increase of 34% m-o-m. Over the period under review, the average export prices hit record highs in September 2023.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Australia ($7,092 per ton), while the average price for exports to the Philippines ($1,768 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in the Netherlands (CIF) - 2023
The average import price for protein; concentrates and textured protein substanceses stood at $3,375 per ton in September 2023, reducing by -14.6% against the previous month. Overall, the import price recorded a perceptible decline. The growth pace was the most rapid in April 2023 when the average import price increased by 19% month-to-month. The import price peaked at $4,219 per ton in November 2022; however, from December 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($10,353 per ton), while the price for Serbia ($2,243 per ton) was amongst the lowest.
From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Serbia (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Protein; Concentrates and Textured Protein Substances in the Netherlands
For the fourth consecutive year, the Netherlands recorded growth in overseas shipments of protein; concentrates and textured protein substanceses, which increased by 32% to 72K tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of protein; concentrates and textured protein substanceses surged to $342M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 34%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Protein; Concentrates and Textured Protein Substances in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 41.5 | 56.2 | 73.0 | 97.7 | 33.0% |
United Kingdom | 30.6 | 39.6 | 41.1 | 47.4 | 15.7% |
Belgium | 20.2 | 27.4 | 29.6 | 37.4 | 22.8% |
France | 14.3 | 17.9 | 22.4 | 27.1 | 23.7% |
United States | 2.4 | 9.2 | 10.9 | 17.5 | 93.9% |
Spain | 9.6 | 12.1 | 14.9 | 16.4 | 19.5% |
Sweden | 11.5 | 12.3 | 14.2 | 12.5 | 2.8% |
Poland | 7.3 | 8.4 | 19.3 | 12.1 | 18.3% |
Italy | 6.2 | 11.5 | 6.4 | 8.1 | 9.3% |
Czech Republic | 4.3 | 7.1 | 3.1 | 3.3 | -8.4% |
Slovenia | 2.4 | 2.3 | 2.5 | 3.2 | 10.1% |
Mexico | 0.1 | 1.1 | 1.6 | 2.5 | 192.4% |
Others | 38.6 | 48.0 | 53.8 | 56.4 | 13.5% |
Total | 189 | 253 | 293 | 342 | 21.9% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from the Netherlands in 2022:
- Belgium (18.1K tons)
- Germany (15.2K tons)
- United Kingdom (8.6K tons)
- United States (5.0K tons)
- France (4.2K tons)
- Italy (2.2K tons)
- Sweden (2.2K tons)
- Spain (2.1K tons)
- Poland (1.8K tons)
- Mexico (1.1K tons)
- Slovenia (0.9K tons)
- Czech Republic (0.4K tons)
Imports of Protein; Concentrates and Textured Protein Substances in the Netherlands
For the fourth year in a row, the Netherlands recorded growth in purchases abroad of protein; concentrates and textured protein substanceses, which increased by 4.3% to 47K tons in 2022. The total import volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses dropped to $179M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +38.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $202M, and then dropped in the following year.
Import of Protein; Concentrates and Textured Protein Substances in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 30.9 | 36.0 | 56.5 | 45.8 | 14.0% |
United Kingdom | 18.7 | 21.5 | 17.7 | 29.3 | 16.1% |
China | 11.4 | 12.6 | 24.8 | 25.7 | 31.1% |
Serbia | 2.4 | 7.8 | 11.2 | 18.0 | 95.7% |
Belgium | 22.3 | 23.5 | 21.1 | 12.1 | -18.4% |
France | 11.1 | 9.9 | 14.9 | 11.8 | 2.1% |
Germany | 6.3 | 6.0 | 12.1 | 6.0 | -1.6% |
Others | 26.1 | 26.5 | 43.4 | 30.3 | 5.1% |
Total | 129 | 144 | 202 | 179 | 11.5% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to the Netherlands in 2022:
- Serbia (12.2K tons)
- United States (9.6K tons)
- China (8.4K tons)
- France (3.4K tons)
- Belgium (3.3K tons)
- United Kingdom (3.2K tons)
- Germany (1.7K tons)
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