Germany: Market for Nuts (Prepared Or Preserved) 2023

Market Size for Nuts (Prepared Or Preserved) in Germany

After three years of growth, the German nuts (prepared or preserved) market decreased by -0.4% to $X in 2021. Overall, consumption, however, showed a strong increase. Over the period under review, the market hit record highs at $X in 2020, and then dropped in the following year.

Production of Nuts (Prepared Or Preserved) in Germany

In value terms, nuts (prepared or preserved) production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 185% against the previous year. Nuts (prepared or preserved) production peaked at $X in 2020, and then shrank in the following year.

Exports of Nuts (Prepared Or Preserved)

Exports from Germany

In 2021, overseas shipments of nuts (prepared or preserved) decreased by less than 0.1% to X tons, falling for the second consecutive year after three years of growth. Overall, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -1.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, nuts (prepared or preserved) exports reduced to $X in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when exports increased by 29% against the previous year. The exports peaked at $X in 2020, and then contracted in the following year.

Exports by Country

France (X tons), the Netherlands (X tons) and Austria (X tons) were the main destinations of nuts (prepared or preserved) exports from Germany, together accounting for 41% of total exports. Switzerland, Belgium, Poland, Italy, Spain, Sweden, the UK, Romania, the Czech Republic and Denmark lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +33.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Austria ($X) were the largest markets for nuts (prepared or preserved) exported from Germany worldwide, together comprising 39% of total exports. These countries were followed by Switzerland, Belgium, Poland, Italy, Spain, the Czech Republic, Romania, Sweden, the UK and Denmark, which together accounted for a further 46%.

Among the main countries of destination, Romania, with a CAGR of +33.5%, recorded the highest rates of growth with regard to 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 average nuts (prepared or preserved) export price stood at $X per ton in 2021, dropping by -6.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 12%. The export price peaked at $X per ton in 2016; however, from 2017 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 ($X per ton), while the average price for exports to the UK ($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 Poland (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts (Prepared Or Preserved)

Imports into Germany

For the fifth year in a row, Germany recorded growth in supplies from abroad of nuts (prepared or preserved), which increased by 4.5% to X tons in 2021. The total import volume increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 9.6% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, nuts (prepared or preserved) imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 33% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of nuts (prepared or preserved) to Germany, with a 48% share of total imports. Moreover, nuts (prepared or preserved) imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was held by Luxembourg (X tons), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+24.2% per year) and Luxembourg (+25.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of nuts (prepared or preserved) to Germany, comprising 51% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Luxembourg, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+25.1% per year) and Luxembourg (+24.8% per year).

Import Prices by Country

In 2021, the average nuts (prepared or preserved) import price amounted to $X per ton, increasing by 2.6% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Luxembourg ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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