Price for Protein; Concentrates and Textured Protein Substances in France - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in France (CIF) - 2024
- Price for Protein; Concentrates and Textured Protein Substances in France (FOB) - 2024
- Imports of Protein; Concentrates and Textured Protein Substances in France
- Exports of Protein; Concentrates and Textured Protein Substances in France
Price for Protein; Concentrates and Textured Protein Substances in France (CIF) - 2024
The average import price for protein; concentrates and textured protein substanceses stood at $3,682 per ton in March 2024, rising by 21% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced decline. The growth pace was the most rapid in December 2023 when the average import price increased by 50% against the previous month. As a result, import price attained the peak level of $7,502 per ton. From January 2024 to March 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the UK ($8,423 per ton), while the price for Serbia ($1,880 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in France (FOB) - 2024
The average export price for protein; concentrates and textured protein substanceses stood at $10,542 per ton in March 2024, growing by 4.2% against the previous month. Over the period under review, export price indicated modest growth from March 2023 to March 2024: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for protein; concentrates and textured protein substanceses increased by +73.7% against January 2024 indices. The pace of growth appeared the most rapid in February 2024 an increase of 67% against the previous month. Over the period under review, the average export prices attained the peak figure at $11,057 per ton in June 2023; however, from July 2023 to March 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Morocco ($23,945 per ton), while the average price for exports to Cote d'Ivoire ($3,226 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in France
Imports of protein; concentrates and textured protein substanceses into France expanded slightly to 24K tons in 2022, surging by 2.5% on 2021 figures. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses amounted to $105M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Protein; Concentrates and Textured Protein Substances in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.2 | 17.4 | 22.8 | 26.7 | 33.6% |
| Czech Republic | 7.2 | 12.1 | 19.6 | 16.9 | 32.9% |
| United Kingdom | 12.6 | 3.5 | 6.9 | 14.6 | 5.0% |
| Germany | 10.7 | 15.0 | 15.7 | 8.3 | -8.1% |
| Serbia | 5.0 | 6.1 | 6.9 | 8.1 | 17.4% |
| Belgium | 4.4 | 6.3 | 6.5 | 7.4 | 18.9% |
| Italy | 4.1 | 4.0 | 4.2 | 3.9 | -1.7% |
| Spain | 1.3 | 2.5 | 3.8 | 3.9 | 44.2% |
| China | 1.7 | 1.3 | 1.8 | 2.6 | 15.2% |
| Others | 7.5 | 9.0 | 10.0 | 12.9 | 19.8% |
| Total | 65.7 | 77.2 | 98.2 | 105 | 16.9% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to France in 2022:
- Netherlands (6.4K tons)
- Serbia (4.4K tons)
- Czech Republic (3.4K tons)
- United Kingdom (1.8K tons)
- Germany (1.5K tons)
- Italy (1.4K tons)
- Belgium (1.4K tons)
- China (0.8K tons)
- Spain (0.8K tons)
Exports of Protein; Concentrates and Textured Protein Substances in France
In 2022, the amount of protein; concentrates and textured protein substanceses exported from France contracted sharply to 7.5K tons, declining by -47.6% compared with 2021. Over the period under review, exports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 4.5%.
In value terms, exports of protein; concentrates and textured protein substanceses fell dramatically to $61M in 2022. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 6.4% against the previous year.
| Export of Protein; Concentrates and Textured Protein Substances in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.0 | 18.1 | 15.4 | 14.0 | -9.7% |
| Spain | 22.5 | 20.3 | 12.0 | 7.9 | -29.5% |
| United Kingdom | 8.0 | 7.2 | 9.5 | 5.7 | -10.7% |
| Germany | 2.1 | 1.9 | 5.5 | 5.5 | 37.8% |
| Netherlands | 3.1 | 2.1 | 3.9 | 4.4 | 12.4% |
| Belgium | 5.8 | 4.9 | 3.4 | 2.8 | -21.6% |
| Poland | 0.9 | 1.0 | 2.6 | 2.7 | 44.2% |
| Kazakhstan | 0.6 | N/A | N/A | 2.3 | 56.5% |
| Luxembourg | 1.6 | 3.1 | 5.3 | 2.1 | 9.5% |
| United States | 1.6 | 1.8 | 4.8 | 1.1 | -11.7% |
| Switzerland | 0.6 | 0.9 | 1.3 | 1.1 | 22.4% |
| Sweden | 0.7 | 1.8 | 2.3 | 0.9 | 8.7% |
| Portugal | 6.6 | 5.7 | 5.0 | 0.6 | -55.0% |
| Others | 9.8 | 7.7 | 10.1 | 9.6 | -0.7% |
| Total | 83.1 | 76.3 | 81.2 | 60.7 | -9.9% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from France in 2022:
- Germany (1090.3 tons)
- Spain (977.2 tons)
- United Kingdom (820.9 tons)
- Netherlands (810.6 tons)
- Italy (568.0 tons)
- Poland (413.9 tons)
- Belgium (409.7 tons)
- Switzerland (201.6 tons)
- Kazakhstan (157.2 tons)
- United States (152.0 tons)
- Portugal (129.6 tons)
- Sweden (126.4 tons)
- Luxembourg (121.0 tons)
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