Germany: Organ Extracts Market 2024

Organ Extracts Market Size in Germany

In 2021, the German organ extracts market increased by 64% to $X, rising for the fifth year in a row after four years of decline. Over the period under review, consumption enjoyed a significant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Organ Extracts Production in Germany

In value terms, organ extracts production shrank to $X in 2021 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.0% 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 -2.2% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 50% against the previous year. Organ extracts production peaked at $X in 2020, and then dropped in the following year.

Organ Extracts Exports

Exports from Germany

In 2021, overseas shipments of extracts of glands or other organs or of their secretions were finally on the rise to reach X tons after two years of decline. Overall, exports, however, faced a dramatic contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 65% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, organ extracts exports totaled $X in 2021. Over the period under review, exports, however, saw a slight contraction. The growth pace was the most rapid in 2016 with an increase of 151%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Brazil (X tons), the United States (X tons) and Italy (X tons) were the main destinations of organ extracts exports from Germany, with a combined 77% share of total exports. Japan, Austria, Poland, Switzerland, the UK, Hungary and the Netherlands lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +66.2%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for extracts of glands or other organs or of their secretions exports from Germany, comprising 54% of total exports. The second position in the ranking was held by the United States ($X), with a 21% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Italy stood at +13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+19.7% per year) and the UK (+31.7% per year).

Export Prices by Country

In 2021, the average organ extracts export price amounted to $X per ton, which is down by -3.8% against the previous year. Overall, the export price, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 161%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell modestly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Brazil ($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 Egypt (+36.4%), while the prices for the other major destinations experienced more modest paces of growth.

Organ Extracts Imports

Imports into Germany

In 2021, supplies from abroad of extracts of glands or other organs or of their secretions increased by 64% to X tons, rising for the fifth consecutive year after four years of decline. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 400%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, organ extracts imports skyrocketed to $X in 2021. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 246%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of organ extracts imports to Germany, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +295.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest organ extracts suppliers to Germany were the Netherlands ($X), Belgium ($X) and Poland ($X), together accounting for 61% of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +160.2%, saw the highest growth rate of 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

In 2021, the average organ extracts import price amounted to $X per ton, reducing by -27.3% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 395%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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