EU: Market for Flours, Meals And Pellets Of Meat Or Meat Offal 2024

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

The EU meat meals and pellets market reached $X in 2021, growing by 1.8% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Production of Flours, Meals And Pellets Of Meat Or Meat Offal in the EU

In value terms, meat meals and pellets production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 20%. The level of production peaked at $X in 2018; afterwards, it flattened through to 2021.

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

Exports in the EU

In 2021, the amount of flours, meals and pellets of meat or meat offal exported in the European Union expanded sharply to X tons, with an increase of 6.2% on the previous year. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 9.8%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, meat meals and pellets exports soared to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.0% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), the Netherlands (X tons), France (X tons), Poland (X tons), Spain (X tons), Belgium (X tons) and Italy (X tons) represented the key exporter of flours, meals and pellets of meat or meat offal in the European Union, generating 76% of total export. Ireland (X tons), Denmark (X tons), Austria (X tons), Hungary (X tons), Slovakia (X tons) and Portugal (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Hungary (with a CAGR of +21.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest meat meals and pellets supplying countries in the European Union were Germany ($X), Spain ($X) and the Netherlands ($X), together comprising 40% of total exports. France, Poland, Italy, Belgium, Ireland, Hungary, Denmark, Slovakia, Austria and Portugal lagged somewhat behind, together comprising a further 54%.

Hungary, with a CAGR of +26.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, surging by 33% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+13.7%), while the other leaders experienced more modest paces of growth.

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

Imports in the EU

In 2021, the amount of flours, meals and pellets of meat or meat offal imported in the European Union totaled X tons, surging by 4.8% against the previous year. The total import volume increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2016 when imports increased by 13% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, meat meals and pellets imports soared to $X in 2021. The total import value increased at an average annual rate of +6.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of meat meals and pellets imports in 2021 were Italy (X tons), Germany (X tons), the Netherlands (X tons), France (X tons), Hungary (X tons), the Czech Republic (X tons), Spain (X tons), Greece (X tons), Belgium (X tons), Denmark (X tons), Slovakia (X tons) and Poland (X tons), together resulting at 92% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Greece (with a CAGR of +26.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) were the countries with the highest levels of imports in 2021, with a combined 46% share of total imports. The Netherlands, Hungary, the Czech Republic, Greece, Spain, Denmark, Belgium, Poland and Slovakia lagged somewhat behind, together comprising a further 47%.

Among the main importing countries, Greece, with a CAGR of +28.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, increasing by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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