Germany: Prepared Mustard Market 2024

Prepared Mustard Market Size in Germany

In 2021, after two years of decline, there was growth in the German prepared mustard market, when its value increased by 1.8% to $X. In general, consumption, however, continues to indicate a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Prepared Mustard Production in Germany

In value terms, prepared mustard production shrank slightly to $X in 2021 estimated in export price. Overall, production, however, showed a slight decrease. The pace of growth was the most pronounced in 2017 when the production volume increased by 6.8%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Prepared Mustard Exports

Exports from Germany

In 2021, shipments abroad of prepared mustard decreased by -2.8% to X tons, falling for the second year in a row after three years of growth. In general, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -7.8% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 32% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, prepared mustard exports rose to $X in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 31%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), the Netherlands (X tons) and Sweden (X tons) were the main destinations of prepared mustard exports from Germany, together accounting for 40% 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 Sweden (with a CAGR of +35.6%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Sweden ($X) constituted the largest markets for prepared mustard exported from Germany worldwide, with a combined 38% share of total exports.

Among the main countries of destination, Sweden, with a CAGR of +40.2%, 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

The average prepared mustard export price stood at $X per ton in 2021, increasing by 5.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.7% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($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 Belgium (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Mustard Imports

Imports into Germany

In 2021, the amount of prepared mustard imported into Germany contracted slightly to X tons, remaining constant against the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 27%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, prepared mustard imports expanded modestly to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by 37% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of prepared mustard to Germany, with a 55% share of total imports. Moreover, prepared mustard imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Austria (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.0% per year) and Austria (+9.4% per year).

In value terms, France ($X) constituted the largest supplier of prepared mustard to Germany, comprising 61% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Austria, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.5% per year) and Austria (+13.4% per year).

Import Prices by Country

The average prepared mustard import price stood at $X per ton in 2021, growing by 4.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.3% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 France ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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