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EU - Fonio - Market Analysis, Forecast, Size, Trends and Insights
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EU: Fonio Market Overview 2021

Fonio Market Size in the EU

In 2020, the EU fonio market increased by X% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption, however, continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. The level of consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Fonio Production in the EU

In value terms, fonio production soared to $X in 2020 estimated in export prices. in general, production recorded a perceptible shrinkage. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2014 to 2020, production growth failed to regain the momentum.

The country with the largest volume of fonio production was the Netherlands (X tonnes), comprising approx. X% of total volume. Moreover, fonio production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tonnes), fourfold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

In the Netherlands, fonio production remained relatively stable over the period from 2012-2020. in the other countries, the average annual rates were as follows: Belgium (+X% per year) and Germany (+X% per year).

Production by Country in the EU

The Netherlands (X tonnes) remains the largest fonio producing country in the European Union, comprising approx. X% of total volume. Moreover, fonio production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tonnes), fourfold. Germany (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume in the Netherlands was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Belgium (+X% per year) and Germany (+X% per year).

Fonio Exports

Exports in the EU

In 2020, fonio exports in the European Union skyrocketed to X tonnes, growing by X% compared with the year before. in general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. from 2014 to 2020, the growth exports failed to regain the momentum.

In value terms, fonio exports surged to $X in 2020. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports failed to regain the momentum.

Exports by Country

In 2020, Belgium (X tonnes), Spain (X tonnes), France (X tonnes), Italy (X tonnes), Germany (X tonnes) and Hungary (X tonnes) was the major exporter of fonio in the European Union, committing X% of total export. The Netherlands (X tonnes) held a relatively small share of total exports.

From 2012 to 2020, the biggest increases were in Hungary, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. Spain, Hungary, France and Germany lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The fonio export price in the European Union stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2014 to 2020, the growth in terms of the export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while Germany ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Fonio Imports

Imports in the EU

In 2020, overseas purchases of fonio increased by X% to X tonnes, rising for the second year in a row after six years of decline. Overall, imports, however, faced a sharp shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, fonio imports surged to $X in 2020. in general, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

France represented the key importing country with an import of about X tonnes, which recorded X% of total imports. It was distantly followed by the Netherlands (X tonnes), Italy (X tonnes) and Poland (X tonnes), together comprising a X% share of total imports. Spain (X tonnes) held a relatively small share of total imports.

From 2012 to 2020, the biggest increases were in Italy, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported fonio in the European Union, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

In the Netherlands, fonio imports increased at an average annual rate of +X% over the period from 2012-2020. The remaining importing countries recorded the following average annual rates of imports growth: France (-X% per year) and Poland (+X% per year).

Import Prices by Country

In 2020, the fonio import price in the European Union amounted to $X per tonne, increasing by X% against the previous year. in general, the import price recorded a buoyant increase. The growth pace was the most rapid in 2013 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. in 2020, the country with the highest price was Poland ($X per tonne), while France ($X per tonne) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fonio in the the EU?
+
The countries with the highest volumes of fonio consumption in 2020 were France (111 tonnes), the Netherlands (94 tonnes) and Poland (12 tonnes), with a combined 89% share of total consumption. These countries were followed by Italy, which accounted for a further 4.6%.
What are the largest producers of fonio in the the EU?
+
The Netherlands (30 tonnes) constituted the country with the largest volume of fonio production, comprising approx. 60% of total volume. Moreover, fonio production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (8 tonnes), fourfold. The third position in this ranking was occupied by Germany (5.4 tonnes), with a 11% share.
What are the leading suppliers of fonio in the the EU?
+
In value terms, Italy ($29K), the Netherlands ($29K) and Belgium ($28K) appeared to be the countries with the highest levels of exports in 2020, together accounting for 54% of total exports. These countries were followed by Spain, Hungary, France and Germany, which together accounted for a further 38%.
What are the leading importers of fonio in the the EU?
+
In value terms, the Netherlands ($167K) constitutes the largest market for imported fonio in the European Union, comprising 30% of total imports. The second position in the ranking was occupied by France ($80K), with a 14% share of total imports. It was followed by Poland, with a 7.3% share.
What is the average export price for fonio in the the EU?
+
In 2020, the fonio export price in the European Union amounted to $3,794 per tonne, picking up by 5.5% against the previous year.
What is the average import price for fonio in the the EU?
+
In 2020, the fonio import price in the European Union amounted to $2,383 per tonne, picking up by 26% against the previous year.

Product coverage:
• FCL 94 - Fonio

This report provides an in-depth analysis of the fonio market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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