EU: Market for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs 2024

Market Size for Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in the EU

In 2022, the EU meat and fish extracts market increased by X% to $X, rising for the second year in a row after seven years of decline. Over the period under review, consumption, however, continues to indicate a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs in the EU

In value terms, meat and fish extracts production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Exports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Exports in the EU

Meat and fish extracts exports rose significantly to X tons in 2022, with an increase of X% against the previous year. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, meat and fish extracts exports dropped to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Italy (X tons) represented the major exporter of extracts and juices of meat, fish, crustaceans and molluscs, achieving X% of total exports. France (X tons) ranks second in terms of the total exports with a X% share, followed by Belgium (X%) and Spain (X%). The Netherlands (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to meat and fish extracts exports from Italy stood at X%. At the same time, Spain (X%), Denmark (X%), Belgium (X%) and France (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. While the share of Italy (X p.p.), Spain (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), France ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Spain, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Denmark, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Extracts And Juices Of Meat, Fish, Crustaceans And Molluscs

Imports in the EU

In 2022, the amount of extracts and juices of meat, fish, crustaceans and molluscs imported in the European Union contracted to X tons, declining by X% on 2021. Overall, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, meat and fish extracts imports shrank modestly to $X in 2022. Over the period under review, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Hungary was the largest importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Germany (X tons), Italy (X tons), Belgium (X tons), the Czech Republic (X tons), France (X tons), Spain (X tons) and the Netherlands (X tons), together creating a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to meat and fish extracts imports into Hungary stood at X%. At the same time, the Czech Republic (X%) and Italy (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Germany (X%), Spain (X%), Belgium (X%), the Netherlands (X%) and France (X%) illustrated a downward trend over the same period. While the share of Hungary (X p.p.), the Czech Republic (X p.p.) and Italy (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.), the Netherlands (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Hungary, France, Italy and the Czech Republic lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, continues to indicate a slight shrinkage. The level of import peaked at $X 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 importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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