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Germany - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Germany - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights

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Jan 19, 2023

Preserved Anchovies Price in Germany Shrinks 3% to $15.7 per kg

Germany Preserved Anchovies Import Price in September 2022

In September 2022, the preserved anchovies price stood at $15.7 per kg (CIF, Germany), dropping by -3.4% against the previous month. Over the last eight months, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 25% m-o-m. Over the period under review, average import prices hit record highs at $16.3 per kg in August 2022, and then dropped slightly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Spain ($37.7 per kg), while the price for Bulgaria ($6.1 per kg) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Germany Preserved Anchovies Imports

In September 2022, preserved anchovies imports into Germany reduced notably to 33 tons, which is down by -47.1% against the previous month's figure. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in April 2022 with an increase of 112% m-o-m. As a result, imports reached the peak of 167 tons. From May 2022 to September 2022, the growth of imports failed to regain momentum.

In value terms, preserved anchovies imports shrank remarkably to $511K (IndexBox estimates) in September 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in April 2022 with an increase of 105% month-to-month. As a result, imports attained the peak of $2M. From May 2022 to September 2022, the growth of imports failed to regain momentum.

Germany Preserved Anchovies Imports by Country

Morocco (12 tons), Peru (6.2 tons) and Italy (4.2 tons) were the main suppliers of preserved anchovies imports to Germany, together comprising 69% of total imports. These countries were followed by Austria, Bulgaria, France, Belgium and Spain, which together accounted for a further 30%.

From January 2022 to September 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +12.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($228K) constituted the largest supplier of preserved anchovies to Germany, comprising 45% of total imports. The second position in the ranking was taken by Peru ($83K), with a 16% share of total imports. It was followed by Italy, with a 14% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from Morocco totaled +18.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Peru (-14.2% per month) and Italy (-25.1% per month).

Preserved Anchovies Market Overview

The major drivers of growth for anchovies market are the growing demand for healthy and convenient food, and the growing popularity of preserved anchovies as a health food.

The rising health consciousness among Germans is one of the key factors driving the growth of the Preserved Anchovies Market in Germany. Germans are increasingly becoming aware of the importance of including healthy and nutritious food in their diet, and this is resulting in the growing popularity of preserved anchovies as a health food. Anchovies are a good source of protein, omega-3 fatty acids, calcium, and other minerals, and they are low in calories, making them an ideal choice for health-conscious consumers.

The growing popularity of online shopping is another key factor driving the growth of the Preserved Anchovies Market in Germany. Online retailers offer a wide variety of products at competitive prices, and this is attracting more consumers to shop for preserved anchovies online. In addition, online shopping offers convenience and flexibility that traditional brick-and-mortar stores cannot match, which is further fuelling the growth of the online preserve anchorovy market in Germany.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the preserved anchovies 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 2030.

Product coverage:

  • Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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