EU: Fructose Market 2024

Fructose Market Size in the EU

In 2021, the EU fructose market decreased by -18.2% to $X, falling for the eighth consecutive year after two years of growth. Over the period under review, consumption continues to indicate a perceptible reduction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Fructose Production in the EU

In value terms, fructose production declined to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 9.6%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Fructose Exports

Exports in the EU

In 2021, overseas shipments of fructose and fructose syrup increased by 46% to X tons, rising for the third year in a row after two years of decline. Total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% 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 +64.0% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fructose exports surged to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% 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 +80.2% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, France (X tons), distantly followed by the Netherlands (X tons), Hungary (X tons), Belgium (X tons), Germany (X tons) and Bulgaria (X tons) were the main exporters of fructose and fructose syrup, together committing 86% of total exports. Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +16.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest fructose supplying countries in the European Union were France ($X), the Netherlands ($X) and Belgium ($X), together accounting for 62% of total exports.

France, with a CAGR of +14.6%, saw 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

The export price in the European Union stood at $X per ton in 2021, dropping by -6.4% against the previous year. Over the period under review, the export price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2018 an increase of 10%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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 the Netherlands ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (-0.1%), while the other leaders experienced a decline in the export price figures.

Fructose Imports

Imports in the EU

In 2021, overseas purchases of fructose and fructose syrup increased by 12% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fructose imports soared to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), France (X tons), Belgium (X tons), Spain (X tons), Italy (X tons), Poland (X tons), Romania (X tons), the Czech Republic (X tons) and Ireland (X tons) represented the major importers of fructose and fructose syrup, together mixing up 85% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic (with a CAGR of +12.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 50% of total imports. These countries were followed by Spain, Belgium, Italy, Poland, Ireland, Romania and the Czech Republic, which together accounted for a further 35%.

In terms of the main importing countries, the Czech Republic, with a CAGR of +7.2%, 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

The import price in the European Union stood at $X per ton in 2021, with an increase of 4.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 9%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

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 Spain ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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