EU: Market for Prepared Dishes And Meals 2024

Market Size for Prepared Dishes And Meals in the EU

The EU prepared dish and meal market fell to $X in 2021, remaining constant against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Prepared Dishes And Meals in the EU

In value terms, prepared dish and meal production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Prepared Dishes And Meals

Exports in the EU

In 2021, overseas shipments of prepared dishes and meals increased by 9.4% to X tons, rising for the sixth year in a row after two years of decline. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 11%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, prepared dish and meal exports soared to $X in 2021. The total export value increased at an average annual rate of +5.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and the Netherlands (X tons) represented the key exporters of prepared dishes and meals in 2021, recording approx. 19% and 18% of total exports, respectively. It was distantly followed by France (X tons), Italy (X tons), Belgium (X tons), Poland (X tons), Spain (X tons) and Denmark (X tons), together constituting a 43% 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 Spain (with a CAGR of +9.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 49% share of total exports. These countries were followed by Italy, Poland, Belgium, Denmark and Spain, which together accounted for a further 30%.

Poland, with a CAGR of +10.5%, saw the highest growth rate of 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, with an increase of 7.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. As a result, the export price attained 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 Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the other leaders experienced more modest paces of growth.

Imports of Prepared Dishes And Meals

Imports in the EU

In 2021, imports of prepared dishes and meals in the European Union expanded significantly to X tons, increasing by 12% compared with 2020 figures. The total import volume increased at an average annual rate of +5.0% from 2012 to 2021; however, 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.

In value terms, prepared dish and meal imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.2% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) and Germany (X tons) were the main importers of prepared dishes and meals in the European Union, together mixing up 33% of total imports. It was followed by France (X tons), Belgium (X tons), Spain (X tons), Poland (X tons) and Italy (X tons), together generating a 35% share of total imports. Sweden (X tons), Austria (X tons), the Czech Republic (X tons), Denmark (X tons), Romania (X tons) and Hungary (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 41% of total imports. Spain, Italy, Belgium, Poland, Austria, the Czech Republic, Sweden, Romania, Denmark and Hungary lagged somewhat behind, together comprising a further 43%.

Romania, with a CAGR of +9.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, with an increase of 6.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 7.6% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

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 Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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