Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland (CIF) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland (FOB) - 2023
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland (CIF) - 2023
In November 2023, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $3,849 per ton, falling by -6.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 30% against the previous month. The import price peaked at $4,663 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($7,112 per ton), while the price for Portugal ($3,205 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $11,944 per ton, increasing by 2% against the previous month. Over the period under review, export price indicated a slight expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for soups and broths and preparations therefor; homogenised composite food preparationses decreased by -8.9% against September 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 60% against the previous month. The export price peaked at $13,105 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the UK ($12,320 per ton), while the average price for exports to Belgium totaled $4,228 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.5%).
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland
In 2022, purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -4% to 7.4K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses fell slightly to $25M in 2022. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 2.8% against the previous year. As a result, imports reached the peak of $37M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 28.7 | 29.4 | 10.9 | 11.7 | -25.9% |
| Poland | 2.9 | 3.9 | 3.6 | 3.1 | 2.2% |
| Germany | 0.4 | 1.0 | 3.1 | 2.5 | 84.2% |
| Netherlands | 0.3 | 0.3 | 2.0 | 2.4 | 100.0% |
| Italy | 0.1 | 0.3 | 1.8 | 1.4 | 141.0% |
| Switzerland | 0.8 | N/A | 0.7 | 1.1 | 11.2% |
| Romania | N/A | N/A | 0.3 | 0.6 | 100.0% |
| France | 1.4 | 1.2 | 0.2 | 0.3 | -40.2% |
| Others | 0.9 | 0.6 | 3.0 | 1.7 | 23.6% |
| Total | 35.6 | 36.6 | 25.5 | 25.0 | -11.1% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Ireland in 2022:
- United Kingdom (4126.9 tons)
- Poland (1221.9 tons)
- Germany (522.6 tons)
- Italy (495.5 tons)
- Netherlands (352.8 tons)
- Switzerland (187.0 tons)
- Romania (176.5 tons)
- France (69.7 tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland
In 2022, overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -10.5% to 2.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, the exports attained the peak of 3.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses rose to $21M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 123%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.2 | 19.8 | 19.9 | 20.1 | 34.8% |
| Belgium | 0.8 | 0.6 | 0.5 | 0.4 | -20.6% |
| France | 0.4 | 0.4 | 0.1 | 0.1 | -37.0% |
| Others | 0.1 | 0.3 | 0.3 | 0.7 | 91.3% |
| Total | 9.5 | 21.1 | 20.8 | 21.2 | 30.7% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Ireland in 2022:
- United Kingdom (2388.1 tons)
- Belgium (98.1 tons)
- France (12.9 tons)
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