Germany: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Germany

The German market for colouring matter of vegetable or animal origin shrank notably to $X in 2021, declining by -18.7% against the previous year. Over the period under review, consumption recorded a noticeable decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Colouring Matter Of Vegetable Or Animal Origin in Germany

In value terms, vegetable or animal colouring matter production expanded notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from Germany

For the sixth year in a row, Germany recorded growth in shipments abroad of colouring matter of vegetable or animal origin, which increased by 41% to X tons in 2021. In general, total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +65.1% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, vegetable or animal colouring matter exports soared to $X in 2021. Over the period under review, total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.7% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for vegetable or animal colouring matter exports from Germany, with a 25% share of total exports. Moreover, vegetable or animal colouring matter exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by France (X tons), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+5.7% per year) and France (+8.7% per year).

In value terms, the UK ($X) remains the key foreign market for colouring matter of vegetable or animal origin exports from Germany, comprising 21% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.8% share of total exports. It was followed by France, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+3.2% per year) and France (+1.7% per year).

Export Prices by Country

In 2021, the average export price for colouring matter of vegetable or animal origin amounted to $X per ton, which is down by -2.4% against the previous year. Overall, the export price recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 8.3%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Ukraine ($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 Austria (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into Germany

In 2021, overseas purchases of colouring matter of vegetable or animal origin decreased by -0.8% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, vegetable or animal colouring matter imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 11%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X tons), China (X tons) and Italy (X tons) were the main suppliers of vegetable or animal colouring matter imports to Germany, together accounting for 56% of total imports. These countries were followed by Denmark, Spain, France, Austria, the UK, India, the United States and Peru, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +45.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable or animal colouring matter suppliers to Germany were the Netherlands ($X), China ($X) and Denmark ($X), with a combined 50% share of total imports. These countries were followed by Italy, Peru, India, Spain, France, the UK, the United States and Austria, which together accounted for a further 34%.

Among the main suppliers, Austria, with a CAGR of +32.2%, saw 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 colouring matter of vegetable or animal origin stood at $X per ton in 2021, surging by 6.8% against the previous year. In general, the import price, however, recorded a slight setback. The growth pace was the most rapid in 2020 an increase of 14% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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