EU: Glucose Market 2024

Glucose Market Size in the EU

In 2022, the EU glucose market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Glucose Production in the EU

In value terms, glucose production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild descent. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Glucose Exports

Exports in the EU

In 2022, overseas shipments of glucose and glucose syrup increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports posted resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, glucose exports skyrocketed to $X in 2022. Overall, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 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 the near future.

Exports by Country

France was the main exporting country with an export of around X tons, which accounted for X% of total exports. Hungary (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), Germany (X%) and Italy (X%). Austria (X tons), Bulgaria (X tons), Slovakia (X tons), Lithuania (X tons), Poland (X tons) and Spain (X tons) followed a long way behind the leaders.

Exports from France increased at an average annual rate of X% from 2012 to 2022. At the same time, Lithuania (X%), Austria (X%), Poland (X%), Bulgaria (X%), Hungary (X%) and Germany (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Spain and Italy experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) and Slovakia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France, Lithuania and Austria increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) remains the largest glucose supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France amounted to X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight descent. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while France ($X per ton) was amongst the lowest.

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

Glucose Imports

Imports in the EU

In 2022, overseas purchases of glucose and glucose syrup increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, glucose imports surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), France (X tons), Poland (X tons) and Denmark (X tons) represented the largest importers of glucose and glucose syrup, together mixing up X% of total imports. The following importers - the Czech Republic (X tons), Austria (X tons), Italy (X tons), Spain (X tons), Finland (X tons) and Greece (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported glucose and glucose syrup in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Belgium (X% per year).

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. Overall, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Spain ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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