Netherlands: Margarine And Shortening Market 2024

Margarine And Shortening Market Size in the Netherlands

The Dutch margarine and shortening market skyrocketed to $X in 2022, jumping by 435% against the previous year. Overall, consumption enjoyed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Margarine And Shortening Production in the Netherlands

In value terms, margarine and shortening production rose modestly to $X in 2022 estimated in export price. In general, production recorded a perceptible descent. The pace of growth appeared the most rapid in 2017 when the production volume increased by 35% against the previous year. Margarine and shortening production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Margarine And Shortening Exports

Exports from the Netherlands

In 2022, overseas shipments of margarine and shortening decreased by -15.1% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 9.5% against the previous year. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, margarine and shortening exports fell to $X in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Germany (X tons), Poland (X tons) and Belgium (X tons) were the main destinations of margarine and shortening exports from the Netherlands, with a combined 58% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +20.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Poland ($X) appeared to be the largest markets for margarine and shortening exported from the Netherlands worldwide, together accounting for 58% of total exports.

Among the main countries of destination, Poland, with a CAGR of +22.0%, saw the highest rates of growth with regard to 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

In 2022, the average margarine and shortening export price amounted to $X per ton, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2021 an increase of 20% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Denmark ($X per ton) and Belgium ($X per ton), while the average price for exports to Ghana ($X per ton) and Poland ($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 Belgium (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Margarine And Shortening Imports

Imports into the Netherlands

In 2022, approx. X tons of margarine and shortening were imported into the Netherlands; growing by 33% against the previous year's figure. Overall, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, margarine and shortening imports surged to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +115.3% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of margarine and shortening imports to the Netherlands, with a combined 70% share of total imports. Sweden, the United States, Spain, Switzerland and the UK lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +42.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest margarine and shortening suppliers to the Netherlands were Belgium ($X), Germany ($X) and the United States ($X), together comprising 65% of total imports. Poland, Sweden, Spain, Switzerland and the UK lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Spain, with a CAGR of +43.3%, saw 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 margarine and shortening import price stood at $X per ton in 2022, with an increase of 9.9% against the previous year. Over the period under review, the import price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2020 an increase of 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :