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Germany - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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Germany: Refined Olive Oil Market Overview 2021

Refined Olive Oil Market Size in Germany

In 2020, the German refined olive oil market decreased by -X% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market remained at a lower figure.

Refined Olive Oil Production in Germany

In value terms, refined olive oil production contracted to $X in 2020 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2020, production growth remained at a somewhat lower figure.

Refined Olive Oil Exports

Exports from Germany

In 2020, approx. X tonnes of refined olive oil were exported from Germany; which is down by -X% on the previous year. Over the period under review, exports, however, recorded moderate growth. The pace of growth was the most pronounced in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes, and then reduced dramatically in the following year.

In value terms, refined olive oil exports fell sharply to $X in 2020. Overall, exports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

The Netherlands (X tonnes) was the main destination for refined olive oil exports from Germany, accounting for a X% share of total exports. Moreover, refined olive oil exports to the Netherlands exceeded the volume sent to the second major destination, France (X tonnes), threefold. The third position in this ranking was occupied by Belgium (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Belgium (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for refined olive oil exports from Germany, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Austria (+X% per year).

Export Prices by Country

The average refined olive oil export price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, the export price recorded a mild setback. The growth pace was the most rapid in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg, while the prices for the other major destinations experienced mixed trend patterns.

Refined Olive Oil Imports

Imports into Germany

For the fourth year in a row, Germany recorded decline in overseas purchases of refined olive oil, which decreased by -X% to X tonnes in 2020. Overall, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2009 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, refined olive oil imports declined sharply to $X in 2020. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Spain (X tonnes), Italy (X tonnes) and Greece (X tonnes) were the main suppliers of refined olive oil imports to Germany, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in Italy (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and France ($X) appeared to be the largest refined olive oil suppliers to Germany, with a combined X% share of total imports.

Italy (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average refined olive oil import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price recorded a mild setback. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil consumption in 2020 were China (683K tonnes), the U.S. (377K tonnes) and India (268K tonnes), together accounting for 28% of global consumption.
What are the largest producers of refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil production in 2020 were China (669K tonnes), Spain (414K tonnes) and the U.S. (280K tonnes), together accounting for 29% of global production. These countries were followed by India, Japan, Indonesia, Russia, Germany, Pakistan, Italy, Brazil, Bangladesh and Nigeria, which together accounted for a further 28%.
What are the leading suppliers of refined olive oil to Germany?
+
In value terms, the largest refined olive oil suppliers to Germany were Spain ($8.2M), Italy ($7.5M) and France ($2.8M), together comprising 78% of total imports.
What are the leading importers of refined olive oil from Germany?
+
In value terms, the Netherlands ($2M) remains the key foreign market for refined olive oil exports from Germany, comprising 28% of total exports. The second position in the ranking was occupied by France ($644K), with a 8.9% share of total exports. It was followed by Austria, with a 7.4% share.
What is the average export price for refined olive oil in Germany?
+
In 2020, the average refined olive oil export price amounted to $3,582 per tonne, shrinking by -14.7% against the previous year.
What is the average import price for refined olive oil in Germany?
+
In 2020, the average refined olive oil import price amounted to $3,288 per tonne, dropping by -21.3% against the previous year.

Product coverage:
• Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined olive oil market in Germany. 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.


Country coverage:
• Germany

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Germany
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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