Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France (CIF) - 2023
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France (FOB) - 2023
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France (CIF) - 2023
The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $4,010 per ton in November 2023, rising by 9.5% against the previous month. Overall, import price indicated a noticeable expansion from November 2022 to November 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for soups and broths and preparations therefor; homogenised composite food preparationses decreased by -4.5% against September 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 47% month-to-month. Over the period under review, average import prices hit record highs at $4,357 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($7,895 per ton), while the price for Belgium ($2,476 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France (FOB) - 2023
In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,862 per ton, dropping by -22.6% against the previous month. Overall, the export price recorded a mild contraction. The most prominent rate of growth was recorded in August 2023 an increase of 31% against the previous month. Over the period under review, the average export prices hit record highs at $6,048 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Denmark ($20,078 per ton), while the average price for exports to Hong Kong SAR ($1,176 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France
In 2022, overseas purchases of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -6% to 49K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. As a result, imports attained the peak of 53K tons, and then shrank in the following year.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses fell to $135M in 2022. Overall, imports recorded a deep contraction. The smallest decline of -1.6% was in 2020.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 0.3 | 3.3 | 22.4 | 23.2 | 326.0% |
| Spain | 16.1 | 23.7 | 23.6 | 20.5 | 8.4% |
| Germany | 35.7 | 34.7 | 22.6 | 15.4 | -24.4% |
| Romania | 0.2 | 0.2 | 2.6 | 11.1 | 281.4% |
| Italy | 9.9 | 10.6 | 11.6 | 10.9 | 3.3% |
| Poland | 7.7 | 7.8 | 9.3 | 10.5 | 10.9% |
| Belgium | 17.1 | 25.6 | 20.4 | 10.5 | -15.0% |
| Hungary | 3.3 | 4.5 | 12.8 | 6.3 | 24.1% |
| Portugal | 3.5 | 5.7 | 6.0 | 5.1 | 13.4% |
| United Kingdom | 70.8 | 44.8 | 4.4 | 4.6 | -59.8% |
| Thailand | 3.5 | 3.9 | 4.6 | 3.9 | 3.7% |
| Others | 12.9 | 13.4 | 14.5 | 13.3 | 1.0% |
| Total | 181 | 178 | 155 | 135 | -9.3% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to France in 2022:
- Spain (12.1K tons)
- Germany (7.1K tons)
- Slovakia (6.6K tons)
- Italy (5.6K tons)
- Poland (4.6K tons)
- Belgium (3.3K tons)
- Romania (2.8K tons)
- Portugal (1.6K tons)
- Hungary (1.4K tons)
- United Kingdom (0.8K tons)
- Thailand (0.8K tons)
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France
In 2022, overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -23.3% to 23K tons, falling for the second year in a row after two years of growth. In general, exports saw a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 1.2%. As a result, the exports attained the peak of 51K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses fell notably to $81M in 2022. Over the period under review, exports recorded a precipitous contraction. The smallest decline of less than 0.1% was in 2020.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 25.3 | 31.7 | 26.8 | 16.8 | -12.8% |
| United Kingdom | 51.6 | 48.2 | 21.0 | 14.9 | -33.9% |
| Denmark | 3.5 | 3.5 | 4.6 | 10.3 | 43.3% |
| Germany | 7.5 | 9.4 | 8.9 | 5.7 | -8.7% |
| Netherlands | 13.9 | 11.6 | 5.9 | 4.3 | -32.4% |
| Italy | 13.2 | 11.4 | 6.3 | 3.4 | -36.4% |
| Spain | 15.6 | 15.1 | 4.5 | 2.6 | -45.0% |
| Hong Kong SAR | 1.1 | 1.9 | 2.4 | 2.4 | 29.7% |
| Ghana | 3.5 | 0.8 | 1.6 | 2.0 | -17.0% |
| Canada | 1.0 | 1.2 | 2.0 | 1.5 | 14.5% |
| Iraq | N/A | N/A | 0.5 | 0.7 | 40.0% |
| Singapore | 0.4 | 0.5 | 0.7 | 0.5 | 7.7% |
| Others | 25.9 | 27.1 | 20.1 | 16.3 | -14.3% |
| Total | 162 | 162 | 105 | 81.4 | -20.5% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from France in 2022:
- Belgium (8.5K tons)
- United Kingdom (3.3K tons)
- Hong Kong SAR (2.0K tons)
- Germany (1.0K tons)
- Denmark (0.9K tons)
- Spain (0.9K tons)
- Netherlands (0.8K tons)
- Singapore (0.6K tons)
- Canada (0.5K tons)
- Ghana (0.4K tons)
- Italy (0.4K tons)
- Iraq (0.4K tons)
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