Germany: Processed Meat Market 2024

Processed Meat Market Size in Germany

The German processed meat market reduced sharply to $X in 2022, declining by X% against the previous year. Over the period under review, consumption faced a abrupt slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Processed meat consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Processed Meat Production in Germany

In value terms, processed meat production declined dramatically to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Processed Meat Exports

Exports from Germany

After two years of decline, overseas shipments of processed meat increased by X% to X tons in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, processed meat exports expanded slightly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of processed meat exports from Germany, with a combined X% share of total exports. Denmark, Belgium, Spain, Austria, Italy, Poland, Romania, Sweden and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for processed meat exported from Germany were France ($X), the UK ($X) and the Netherlands ($X), together comprising X% of total exports. Denmark, Belgium, Austria, Italy, Spain, Poland, Romania, Sweden and the Czech Republic lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw 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 processed meat export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per ton) and Poland ($X per ton), while the average price for exports to Spain ($X per ton) and the Czech Republic ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Processed Meat Imports

Imports into Germany

In 2022, overseas purchases of processed meat increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, processed meat imports rose significantly to $X in 2022. Overall, imports showed a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

The Netherlands (X tons), Austria (X tons) and Italy (X tons) were the main suppliers of processed meat imports to Germany, together accounting for X% of total imports. Poland, Denmark, Belgium, Brazil, Hungary, Thailand, France, Spain and Switzerland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest processed meat suppliers to Germany were Italy ($X), the Netherlands ($X) and Austria ($X), together comprising X% of total imports. Poland, Denmark, Spain, Belgium, Hungary, France, Brazil, Thailand and Switzerland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded 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

The average processed meat import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform