EU: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in the EU

In 2022, the EU market for malt extract and food preparations of flour, meal, and starches increased by 22% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in the EU

In value terms, production of malt extract and food preparations of flour, meal, and starches totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 19% against the previous year. Over the period under review, production of attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports in the EU

In 2022, the amount of malt extract and food preparations of flour, meal, and starches exported in the European Union fell modestly to X tons, leveling off at the year before. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 9%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of malt extract and food preparations of flour, meal, and starches rose rapidly to $X in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 17% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X tons), Belgium (X tons), Ireland (X tons), the Netherlands (X tons) and France (X tons) represented roughly 73% of total exports in 2022. It was distantly followed by Denmark (X tons) and Poland (X tons), together generating a 13% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +11.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest malt extract and food preparations of flour, meal, and starch supplying countries in the European Union were Germany ($X), Ireland ($X) and the Netherlands ($X), with a combined 51% share of total exports. France, Belgium, Denmark and Poland lagged somewhat behind, together comprising a further 36%.

Poland, with a CAGR of +10.0%, recorded 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

The export price in the European Union stood at $X per ton in 2022, surging by 9.1% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by 14%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while Belgium ($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 (+3.1%), while the other leaders experienced more modest paces of growth.

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports in the EU

Imports of malt extract and food preparations of flour, meal, and starches reached X tons in 2022, growing by 6.7% against 2021. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 12% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, imports of malt extract and food preparations of flour, meal, and starches expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 27%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

The Netherlands (X tons), France (X tons), Germany (X tons), Belgium (X tons), Italy (X tons), Poland (X tons) and Spain (X tons) represented roughly 71% of total imports in 2022. The following importers - Hungary (X tons), the Czech Republic (X tons), Austria (X tons), Denmark (X tons), Ireland (X tons) and Sweden (X tons) - together made up 17% 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 Denmark (with a CAGR of +12.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2022, together accounting for 40% of total imports. Italy, Poland, Spain, Belgium, Austria, Ireland, the Czech Republic, Hungary, Denmark and Sweden lagged somewhat behind, together accounting for a further 47%.

In terms of the main importing countries, Denmark, with a CAGR of +11.1%, saw the highest growth rate of 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 2022, remaining stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 14% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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