Germany: Oleo Oils Market 2022

Oleo Oils Market Size in Germany

In 2021, after two years of decline, there was growth in the German oleo oils market, when its value increased by X% to $X. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Oleo Oils Production in Germany

In value terms, oleo oils production rose remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Oleo oils production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Oleo Oils Exports

Exports from Germany

In 2021, the amount of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exported from Germany surged to X tons, increasing by X% compared with 2020 figures. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, oleo oils exports surged to $X in 2021. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main destinations of oleo oils exports from Germany, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, the largest markets for oleo oils exported from Germany were Belgium ($X), the Netherlands ($X) and Switzerland ($X), together comprising X% of total exports.

Among the main countries of destination, Belgium, 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 mixed trend patterns.

Export Prices by Country

The average oleo oils export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight decrease. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Oleo Oils Imports

Imports into Germany

In 2021, purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by -X% to X tons, falling for the fourth consecutive year after three years of growth. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, oleo oils imports surged to $X in 2021. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), France (X tons) and the Czech Republic (X tons) were the main suppliers of oleo oils imports to Germany, together comprising X% of total imports. Poland and Spain lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest oleo oils suppliers to Germany were the Netherlands ($X), France ($X) and the Czech Republic ($X), with a combined X% share of total imports. Poland and Spain lagged somewhat behind, together accounting for a further X the main suppliers, Poland, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average oleo oils import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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