Non-Liquid Margarine Price in Germany - 2023
Contents:
- Non-Liquid Margarine Price in Germany (FOB) - 2023
- Non-Liquid Margarine Price in Germany (CIF) - 2023
- Non-Liquid Margarine Exports in Germany
- Non-Liquid Margarine Imports in Germany
Non-Liquid Margarine Price in Germany (FOB) - 2023
The average non-liquid margarine export price stood at $1,940 per ton in June 2023, falling by -3.3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 11% against the previous month. As a result, the export price attained the peak level of $2,116 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($3,476 per ton), while the average price for exports to the UK ($1,611 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Price in Germany (CIF) - 2023
In June 2023, the average non-liquid margarine import price amounted to $2,966 per ton, with an increase of 45% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +3.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($10,889 per ton), while the price for Poland ($1,865 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Exports in Germany
In 2022, the amount of non-liquid margarine exported from Germany fell modestly to 84K tons, dropping by -1.8% on the previous year. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, the exports reached the peak of 85K tons, and then shrank in the following year.
In value terms, non-liquid margarine exports surged to $149M in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Liquid Margarine in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 16.5 | 14.9 | 24.3 | 44.9 | 39.6% |
| United Kingdom | 27.4 | 20.6 | 27.6 | 30.6 | 3.8% |
| Belgium | 4.1 | 4.2 | 7.2 | 11.9 | 42.6% |
| Austria | 12.2 | 10.8 | 9.4 | 9.8 | -7.0% |
| France | 6.7 | 7.8 | 7.9 | 8.2 | 7.0% |
| Switzerland | 11.8 | 7.6 | 8.2 | 7.4 | -14.4% |
| Poland | 4.7 | 3.6 | 5.0 | 6.7 | 12.5% |
| Hungary | 1.6 | 3.1 | 3.3 | 4.9 | 45.2% |
| Czech Republic | 2.1 | 1.7 | 2.4 | 3.1 | 13.9% |
| Spain | 2.9 | 3.1 | 3.6 | 2.5 | -4.8% |
| Others | 17.8 | 27.2 | 23.3 | 18.7 | 1.7% |
| Total | 108 | 105 | 122 | 149 | 11.3% |
Top Export Markets for Non-Liquid Margarine from Germany in 2022:
- Netherlands (26.7K tons)
- United Kingdom (20.0K tons)
- Belgium (6.9K tons)
- Austria (4.7K tons)
- Poland (4.0K tons)
- France (3.6K tons)
- Hungary (2.9K tons)
- Switzerland (2.4K tons)
- Czech Republic (1.9K tons)
- Spain (1.3K tons)
Non-Liquid Margarine Imports in Germany
In 2022, approx. 45K tons of non-liquid margarine were imported into Germany; approximately reflecting 2021 figures. Over the period under review, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 23%.
In value terms, non-liquid margarine imports skyrocketed to $93M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Non-Liquid Margarine in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 25.8 | 13.3 | 28.2 | 46.0 | 21.3% |
| Belgium | 20.1 | 16.9 | 21.6 | 27.2 | 10.6% |
| Netherlands | 16.1 | 16.5 | 14.9 | 9.7 | -15.5% |
| Denmark | 3.4 | 2.8 | 3.4 | 4.5 | 9.8% |
| Austria | 0.5 | 0.2 | 2.6 | 1.5 | 44.2% |
| Turkey | 1.3 | 1.2 | 0.7 | 1.4 | 2.5% |
| Others | 3.1 | 2.0 | 3.0 | 2.8 | -3.3% |
| Total | 70.2 | 53.0 | 74.5 | 93.0 | 9.8% |
Top Suppliers of Non-Liquid Margarine to Germany in 2022:
- Poland (22.2K tons)
- Belgium (14.8K tons)
- Netherlands (4.4K tons)
- Denmark (1.3K tons)
- Turkey (0.8K tons)
- Austria (0.8K tons)
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