Germany: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Germany

In 2021, the German preserved cows meat market decreased by -22.5% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Preserved Cows Meat Production in Germany

In value terms, preserved cows meat production declined significantly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 15% against the previous year. Preserved cows meat production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Preserved Cows Meat Exports

Exports from Germany

Preserved cows meat exports from Germany skyrocketed to X tons in 2021, with an increase of 18% against the year before. In general, exports recorded a relatively flat trend pattern. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, preserved cows meat exports skyrocketed to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tons), France (X tons) and Spain (X tons) were the main destinations of preserved cows meat exports from Germany, together comprising 45% of total exports. Italy, Austria, Belgium, the UK, Romania, Denmark, Bulgaria, the Czech Republic, Sweden and Poland lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +49.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved cows meat exported from Germany were the Netherlands ($X), France ($X) and Austria ($X), with a combined 41% share of total exports. Italy, Spain, Belgium, the UK, Denmark, Romania, Poland, Bulgaria, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further 49%.

Bulgaria, with a CAGR of +45.6%, recorded the highest rates of growth with regard to the value of exports, among 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 preserved cows meat export price stood at $X per ton in 2021, rising by 4.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 7.2% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 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 Denmark ($X per ton), while the average price for exports to Spain ($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 Denmark (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports into Germany

In 2021, after seven years of growth, there was significant decline in purchases abroad of prepared or preserved meat or offal of bovine animals, when their volume decreased by -11% to X tons. The total import volume increased at an average annual rate of +1.5% over the period 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 2016 when imports increased by 14%. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, preserved cows meat imports stood at $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 15% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Denmark (X tons) were the main suppliers of preserved cows meat imports to Germany, with a combined 55% share of total imports. These countries were followed by Belgium, Austria, Ireland, France, Brazil, Sweden and Italy, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Poland ($X) and Ireland ($X) appeared to be the largest preserved cows meat suppliers to Germany, with a combined 48% share of total imports. These countries were followed by Denmark, Belgium, Brazil, Austria, France, Italy and Sweden, which together accounted for a further 48%.

Among the main suppliers, France, with a CAGR of +21.2%, recorded 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 preserved cows meat import price stood at $X per ton in 2021, rising by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Brazil ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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