Germany: Preserved Beef Market 2024

Preserved Beef Market Size in Germany

In 2021, the German preserved beef market increased by 0.9% to $X, rising for the second consecutive year after three years of decline. Overall, consumption recorded a deep contraction. Preserved beef consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Preserved Beef Production in Germany

In value terms, preserved beef production totaled $X in 2021 estimated in export price. Over the period under review, production showed a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 5.7%. Preserved beef production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Preserved Beef Exports

Exports from Germany

In 2021, overseas shipments of beef and veal (salted, in brine, dried or smoked) increased by 5.6% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, faced a abrupt slump. The growth pace was the most rapid in 2016 with an increase of 61% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved beef exports totaled $X in 2021. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 41%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of preserved beef exports from Germany, together comprising 69% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +49.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved beef exported from Germany were France ($X), Belgium ($X) and Italy ($X), with a combined 73% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +65.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average preserved beef export price amounted to $X per ton, growing by 3.8% against the previous year. In general, the export price, however, saw a noticeable downturn. The growth pace was the most rapid in 2017 an increase of 14%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to France ($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 (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Beef Imports

Imports into Germany

In 2021, overseas purchases of beef and veal (salted, in brine, dried or smoked) decreased by -0.5% to X tons, falling for the third year in a row after two years of growth. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 10%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, preserved beef imports rose markedly to $X in 2021. Over the period under review, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest preserved beef supplier to Germany, with a 36% share of total imports. Moreover, preserved beef imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X tons), twofold. The third position in this ranking was held by France (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+51.4% per year) and France (+10.9% per year).

In value terms, the largest preserved beef suppliers to Germany were Italy ($X), France ($X) and Austria ($X), together comprising 77% of total imports.

Austria, with a CAGR of +47.7%, saw 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 preserved beef import price amounted to $X per ton, picking up by 6.3% against the previous year. In general, the import price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2017 an increase of 6.4%. The import price peaked at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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