United Kingdom: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in the UK

In 2022, the UK market for protein concentrates and flavoured or coloured sugar syrups decreased by X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption showed buoyant growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in the UK

In value terms, production of protein concentrates and flavoured or coloured sugar syrups expanded to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

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Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports from the UK

In 2022, approx. X tons of protein concentrates and flavoured or coloured sugar syrups were exported from the UK; with a decrease of X% against the previous year's figure. Over the period under review, total exports indicated a moderate increase from 2012 to 2022: its volume 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 2014 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups amounted to $X in 2022. Overall, exports saw a mild downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons), the Netherlands (X tons) and Singapore (X tons) were the main destinations of exports of protein concentrates and flavoured or coloured sugar syrups from the UK, with a combined X% share of total exports. Ireland, France, the United Arab Emirates, Germany, Belgium, China, Saudi Arabia, Poland, Tanzania and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for protein concentrate and flavoured or coloured sugar syrup exported from the UK were the Netherlands ($X), Ireland ($X) and Australia ($X), together comprising X% of total exports. Belgium, Singapore, China, France, Germany, the United Arab Emirates, Saudi Arabia, Poland, the United States and Tanzania lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for protein concentrates and flavoured or coloured sugar syrups stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, showed a pronounced descent. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports into the UK

In 2022, purchases abroad of protein concentrates and flavoured or coloured sugar syrups decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports, however, posted a tangible increase. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups shrank to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The United States (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of imports of protein concentrates and flavoured or coloured sugar syrups to the UK, together accounting for X% of total imports. Belgium, Germany, Brazil, Serbia, France, Ireland, Poland, Switzerland, India and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and the Netherlands ($X) were the largest protein concentrate and flavoured or coloured sugar syrup suppliers to the UK, together accounting for X% of total imports. Germany, France, Ireland, Poland, Belgium, Switzerland, Spain, Brazil, Serbia and India lagged somewhat behind, together accounting for a further X%.

Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for protein concentrates and flavoured or coloured sugar syrups stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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