Overview of the Global Market for Flours, Meals And Pellets Of Meat Or Meat Offal

Market Size for Flours, Meals And Pellets Of Meat Or Meat Offal

The global meat meals and pellets market reached $X in 2022, remaining relatively unchanged against the previous year. In general, the total consumption indicated strong growth 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, consumption increased by X% against 2012 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal

In value terms, meat meals and pellets production stood at $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Global production peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Flours, Meals And Pellets Of Meat Or Meat Offal

Exports

In 2022, global meat meals and pellets exports rose slightly to X tons, with an increase of X% compared with the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, meat meals and pellets exports soared to $X in 2022. Overall, 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 increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, the United States (X tons), distantly followed by Germany (X tons), Australia (X tons), the Netherlands (X tons), Poland (X tons), Spain (X tons), France (X tons) and the UK (X tons) represented the main exporters of flours, meals and pellets of meat or meat offal, together making up X% of total exports. Brazil (X tons), Italy (X tons), Belgium (X tons), New Zealand (X tons) and Canada (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the flours, meals and pellets of meat or meat offal exports, with a CAGR of X% from 2012 to 2022. At the same time, Brazil (X%), Canada (X%), Poland (X%), France (X%), Spain (X%), Germany (X%) and Australia (X%) displayed positive paces of growth. Italy, the UK, New Zealand and the Netherlands experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the global exports, while New Zealand, Italy, Germany, the UK, Belgium, Australia and the Netherlands saw its share reduced by X%, X%, X%, 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 United States ($X) remains the largest meat meals and pellets supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Australia ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In the United States, meat meals and pellets exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and Spain (X% per year).

Export Prices by Country

The average meat meals and pellets export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The global export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Canada ($X per ton) was amongst the lowest.

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

Imports of Flours, Meals And Pellets Of Meat Or Meat Offal

Imports

In 2022, global imports of flours, meals and pellets of meat or meat offal stood at X tons, approximately reflecting 2021 figures. In general, total imports indicated a measured expansion 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, imports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, meat meals and pellets imports expanded significantly to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Vietnam (X tons), followed by Indonesia (X tons), Singapore (X tons), Thailand (X tons), China (X tons) and the Philippines (X tons) represented the main importers of flours, meals and pellets of meat or meat offal, together comprising X% of total imports. The following importers - Italy (X tons), France (X tons), Germany (X tons), Chile (X tons), the Netherlands (X tons), Hungary (X tons) and the United States (X tons) - together made up X% of total imports.

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

In value terms, the largest meat meals and pellets importing markets worldwide were Vietnam ($X), Indonesia ($X) and China ($X), together accounting for X% of global imports. Thailand, the Philippines, Singapore, Germany, France, Chile, the Netherlands, Italy, the United States and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Singapore, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average meat meals and pellets import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Global import price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($X per ton), while Singapore ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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