France: Prepared Mustard Market 2024

Prepared Mustard Market Size in France

The French prepared mustard market fell to $X in 2021, waning by -7.9% against the previous year. In general, consumption recorded a slight contraction. The pace of growth appeared the most rapid in 2020 when the market value increased by 8%. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Prepared Mustard Production in France

In value terms, prepared mustard production fell slightly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 6.8% against the previous year. Prepared mustard production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Prepared Mustard Exports

Exports from France

In 2021, overseas shipments of prepared mustard were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 19% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, prepared mustard exports expanded markedly to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Germany (X tons) and the UK (X tons) were the main destinations of prepared mustard exports from France, together comprising 35% of total exports. These countries were followed by Spain, Belgium, Japan, Denmark, Italy, Canada, Mali, South Korea, Israel and the Netherlands, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Mali (with a CAGR of +22.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Japan ($X) constituted the largest markets for prepared mustard exported from France worldwide, with a combined 33% share of total exports. The UK, Spain, Belgium, Italy, Canada, South Korea, the Netherlands, Denmark, Israel and Mali lagged somewhat behind, together accounting for a further 36%.

Mali, with a CAGR of +22.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared mustard export price stood at $X per ton in 2021, growing by 1.5% against the previous year. In general, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 6.5% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Mali ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into France

In 2021, after two years of decline, there was significant growth in overseas purchases of prepared mustard, when their volume increased by 9.4% to X tons. Overall, total imports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -26.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 35%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prepared mustard imports soared to $X in 2021. In general, total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 69% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Spain (X tons) were the main suppliers of prepared mustard imports to France, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +61.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared mustard suppliers to France were the Netherlands ($X), Germany ($X) and Spain ($X), with a combined 63% share of total imports.

Spain, with a CAGR of +78.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average prepared mustard import price amounted to $X per ton, with an increase of 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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