Europe: 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 Europe

In 2022, the Europe meat and fish extracts market increased by X% to $X, rising for the second year in a row after eight years of decline. In general, consumption, however, continues to indicate a pronounced downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, meat and fish extracts production stood at $X in 2022 estimated in export price. Overall, production, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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

Exports in Europe

Meat and fish extracts exports expanded significantly to X tons in 2022, increasing by X% on the year before. Over the period under review, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, meat and fish extracts exports reached $X in 2022. Total exports indicated a strong 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 pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Italy was the largest exporter of extracts and juices of meat, fish, crustaceans and molluscs in Europe, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. France (X tons) held the second position in the ranking, followed by Belgium (X tons) and Spain (X tons). All these countries together held approx. X% share of total exports. The following exporters - the Netherlands (X tons) and Denmark (X tons) - together made up X% of total exports.

Exports from Italy increased at an average annual rate of X% from 2012 to 2022. 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 Europe, with a CAGR of X% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. Italy (X p.p.), Spain (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest meat and fish extracts supplying countries in Europe were Italy ($X), France ($X) and Belgium ($X), with a combined X% share of total exports. Spain, the Netherlands and Denmark lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the export price in Europe amounted to $X per ton, reducing by X% against the previous year. In general, the export price showed a perceptible decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

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 Europe

In 2022, imports of extracts and juices of meat, fish, crustaceans and molluscs in Europe reduced to X tons, with a decrease of X% against the year before. Overall, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, meat and fish extracts imports fell to $X in 2022. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 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 key importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Germany (X tons), the UK (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 comprising 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 Europe, with a CAGR of X% from 2012-2022. By contrast, Germany (X%), Spain (X%), Belgium (X%), the Netherlands (X%), the UK (X%) and France (X%) illustrated a downward trend over the same period. Hungary (X p.p.), the Czech Republic (X p.p.) and Italy (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium, the Netherlands, the UK and France saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest meat and fish extracts importing markets in Europe were Germany ($X), Belgium ($X) and the Netherlands ($X), together accounting for X% of total imports. The UK, Spain, Hungary, France, Italy and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 Europe amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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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