Germany: Cream Market 2021

Cream Market Size in Germany

The German cream market expanded slightly to $X in 2020, growing by X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Cream consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Cream Production in Germany

In value terms, cream production amounted to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Cream Exports

Exports from Germany

In 2020, shipments abroad of cream increased by X% to X tons, rising for the sixth consecutive year after three years of decline. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked at X tons in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, cream exports expanded modestly to $X in 2020. Over the period under review, exports, however, continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), the Netherlands (X tons) and France (X tons) were the main destinations of cream exports from Germany, together comprising X% of total exports. Poland, Spain, Belgium, Italy, Sweden, Hungary, Greece, the Czech Republic, Denmark and Russia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden, while exports for the other leaders experienced a decline.

In value terms, the Netherlands ($X), Austria ($X) and France ($X) appeared to be the largest markets for cream exported from Germany worldwide, with a combined X% share of total exports. Spain, Belgium, Italy, Sweden, Greece, Denmark, Hungary, the Czech Republic, Poland and Russia lagged somewhat behind, together comprising a further X the main countries of destination, Sweden recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average cream export price stood at $X per ton in 2020, shrinking by -X% against the previous year. Over the period under review, the export price faced a deep setback. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. As a result, export price attained the peak level of $X per ton. From 2010 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced a decline.

Cream Imports

Imports into Germany

In 2020, imports of cream into Germany rose remarkably to X tons, picking up by X% compared with the previous year's figure. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, cream imports rose rapidly to $X in 2020. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2020 and are likely to see steady growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of cream imports to Germany, with a combined X% share of total imports. Lithuania, the UK and Denmark lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark, while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Lithuania ($X) and the Netherlands ($X) were the largest cream suppliers to Germany, with a combined X% share of total imports. These countries were followed by Poland, Denmark and the UK, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cream import price stood at $X per ton in 2020, falling by -X% against the previous year. In general, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Lithuania ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Lithuania, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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