France: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in France

After two years of decline, the French market for protein concentrates and flavoured or coloured sugar syrups increased by 1.1% to $X in 2021. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in France

In value terms, production of protein concentrates and flavoured or coloured sugar syrups stood at $X in 2021 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -22.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 25%. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports from France

For the sixth consecutive year, France recorded growth in shipments abroad of protein concentrates and flavoured or coloured sugar syrups, which increased by 22% to X tons in 2021. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 123% against the previous year. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups rose significantly to $X in 2021. Overall, exports recorded a strong increase. The growth pace was the most rapid in 2013 when exports increased by 90% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons), Portugal (X tons) and the United States (X tons) were the main destinations of exports of protein concentrates and flavoured or coloured sugar syrups from France, with a combined 55% share of total exports. These countries were followed by the UK, Germany, Luxembourg, Sweden, Italy, the Netherlands, Denmark, Algeria and Belgium, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +78.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and the UK ($X) constituted the largest markets for protein concentrate and flavoured or coloured sugar syrup exported from France worldwide, together accounting for 47% of total exports. These countries were followed by Germany, Luxembourg, Portugal, the United States, the Netherlands, Belgium, Sweden, Denmark and Algeria, which together accounted for a further 39%.

Denmark, with a CAGR of +64.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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 export price for protein concentrates and flavoured or coloured sugar syrups stood at $X per ton in 2021, declining by -12.7% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 7.1% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Denmark ($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 Italy (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports into France

In 2021, purchases abroad of protein concentrates and flavoured or coloured sugar syrups increased by 5.8% to X tons, rising for the third consecutive year after two years of decline. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% 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 +88.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 48%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups surged to $X in 2021. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 31%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Serbia (X tons) and the Czech Republic (X tons) were the main suppliers of imports of protein concentrates and flavoured or coloured sugar syrups to France, with a combined 60% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +140.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the Czech Republic ($X) and Germany ($X) appeared to be the largest protein concentrate and flavoured or coloured sugar syrup suppliers to France, together accounting for 60% of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +107.9%, 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 average import price for protein concentrates and flavoured or coloured sugar syrups stood at $X per ton in 2021, surging by 20% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.8% 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 2017 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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