Germany: Cream Fresh Market 2024

Cream Fresh Market Size in Germany

The German cream fresh market contracted to $X in 2022, waning by -3.7% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Cream Fresh Production in Germany

In value terms, cream fresh production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 37% against the previous year. Cream fresh production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Cream Fresh Exports

Exports from Germany

In 2022, shipments abroad of cream fresh decreased by -5% to X tons for the first time since 2015, thus ending a six-year rising trend. The total export volume increased at an average annual rate of +2.7% 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 2017 with an increase of 12%. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, cream fresh exports stood at $X in 2022. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 56% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Denmark (X tons), Italy (X tons) and the Netherlands (X tons) were the main destinations of cream fresh exports from Germany, with a combined 45% share of total exports. France, Belgium, Poland, South Korea, China, Austria, Greece, the Czech Republic, Hungary and Spain lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +44.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Italy ($X) and the Netherlands ($X) constituted the largest markets for cream fresh exported from Germany worldwide, with a combined 47% share of total exports. France, Belgium, Poland, South Korea, China, Greece, Austria, the Czech Republic, Hungary and Spain lagged somewhat behind, together accounting for a further 41%.

South Korea, with a CAGR of +49.0%, 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 cream fresh export price stood at $X per ton in 2022, increasing by 18% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh export price increased by +41.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 39% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($X per ton) and Italy ($X per ton), while the average price for exports to Poland ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cream Fresh Imports

Imports into Germany

In 2022, after three years of growth, there was significant decline in supplies from abroad of cream fresh, when their volume decreased by -8% to X tons. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 10%. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped in the following year.

In value terms, cream fresh imports skyrocketed to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Lithuania (X tons) were the main suppliers of cream fresh imports to Germany, together accounting for 83% of total imports. Belgium, Austria, the Czech Republic, Italy, Denmark, France and the UK lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +9.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cream fresh suppliers to Germany were the Netherlands ($X), Poland ($X) and Lithuania ($X), with a combined 83% share of total imports. Belgium, Austria, the Czech Republic, Italy, Denmark, France and the UK lagged somewhat behind, together accounting for a further 14%.

In terms of the main suppliers, Italy, with a CAGR of +15.8%, 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 cream fresh import price stood at $X per ton in 2022, jumping by 40% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cream fresh import price increased by +74.5% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per ton) and Italy ($X per ton), while the price for Denmark ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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