Price for Protein; Concentrates and Textured Protein Substances in Germany - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Germany (CIF) - 2024
- Price for Protein; Concentrates and Textured Protein Substances in Germany (FOB) - 2024
- Imports of Protein; Concentrates and Textured Protein Substances in Germany
- Exports of Protein; Concentrates and Textured Protein Substances in Germany
Price for Protein; Concentrates and Textured Protein Substances in Germany (CIF) - 2024
In March 2024, the average import price for protein; concentrates and textured protein substanceses amounted to $3,579 per ton, increasing by 27% against the previous month. In general, the import price, however, showed a mild decrease. The growth pace was the most rapid in January 2024 an increase of 33% month-to-month. As a result, import price attained the peak level of $6,114 per ton. From February 2024 to March 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($5,081 per ton), while the price for Iran ($1,409 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 Czech Republic (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Germany (FOB) - 2024
The average export price for protein; concentrates and textured protein substanceses stood at $12,572 per ton in March 2024, rising by 60% against the previous month. Overall, the export price recorded buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Turkey ($18,188 per ton), while the average price for exports to Canada ($4,084 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 Mexico (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Germany
Imports of protein; concentrates and textured protein substanceses into Germany surged to 27K tons in 2022, growing by 16% compared with 2021 figures. The total import volume increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of protein; concentrates and textured protein substanceses amounted to $119M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +48.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Protein; Concentrates and Textured Protein Substances in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 28.6 | 37.0 | 50.1 | 53.4 | 23.1% |
| Poland | 3.2 | 17.3 | 19.2 | 13.2 | 60.4% |
| Austria | 5.0 | 5.3 | 8.2 | 8.9 | 21.2% |
| China | 5.8 | 4.7 | 5.9 | 8.8 | 14.9% |
| France | 1.5 | 1.8 | 5.4 | 4.6 | 45.3% |
| United States | 4.6 | 8.4 | 4.4 | 4.2 | -3.0% |
| Ireland | 0.3 | 1.1 | 2.7 | 3.7 | 131.0% |
| Czech Republic | 1.8 | 3.1 | 2.6 | 3.2 | 21.1% |
| Serbia | 0.7 | 1.1 | 2.1 | 2.9 | 60.6% |
| United Kingdom | 19.5 | 5.0 | 2.2 | 2.9 | -47.0% |
| Belgium | 1.1 | 1.3 | 1.8 | 2.6 | 33.2% |
| Denmark | 1.1 | 1.1 | 1.6 | 1.6 | 13.3% |
| Others | 6.4 | 5.5 | 6.6 | 8.6 | 10.4% |
| Total | 79.6 | 92.7 | 113 | 119 | 14.3% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Germany in 2022:
- Netherlands (12.7K tons)
- Austria (3.7K tons)
- China (2.5K tons)
- Serbia (1.5K tons)
- United States (1.0K tons)
- Poland (1.0K tons)
- Belgium (1.0K tons)
- Czech Republic (0.9K tons)
- France (0.9K tons)
- Ireland (0.5K tons)
- Denmark (0.3K tons)
- United Kingdom (0.2K tons)
Exports of Protein; Concentrates and Textured Protein Substances in Germany
In 2022, shipments abroad of protein; concentrates and textured protein substanceses decreased by -17.7% to 14K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports reached the peak of 16K tons, and then plummeted in the following year.
In value terms, exports of protein; concentrates and textured protein substanceses reduced rapidly to $89M in 2022. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports reached the peak of $123M, and then declined significantly in the following year.
| Export of Protein; Concentrates and Textured Protein Substances in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 12.3 | 18.4 | 23.1 | 24.2 | 25.3% |
| Netherlands | 5.1 | 7.2 | 7.8 | 9.0 | 20.8% |
| France | 8.0 | 8.7 | 11.0 | 7.4 | -2.6% |
| Switzerland | 6.5 | 5.3 | 6.4 | 6.4 | -0.5% |
| Spain | 2.2 | 1.6 | 2.7 | 5.4 | 34.9% |
| Austria | 4.0 | 9.8 | 8.0 | 5.3 | 9.8% |
| United Kingdom | 2.9 | 3.4 | 7.5 | 4.6 | 16.6% |
| Czech Republic | 2.1 | 4.2 | 4.4 | 4.3 | 27.0% |
| Italy | 1.7 | 1.6 | 2.4 | 2.8 | 18.1% |
| Belgium | 2.7 | 2.5 | 30.5 | 2.3 | -5.2% |
| United States | 2.4 | 3.4 | 5.4 | 1.6 | -12.6% |
| South Korea | 0.5 | 1.1 | 1.1 | 1.6 | 47.4% |
| Finland | 0.2 | 0.3 | 1.0 | 1.5 | 95.7% |
| Others | 10.9 | 10.3 | 11.6 | 12.6 | 4.9% |
| Total | 61.6 | 77.7 | 123 | 89.1 | 13.1% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Germany in 2022:
- Netherlands (3426.4 tons)
- France (2047.2 tons)
- Poland (1986.4 tons)
- Spain (762.5 tons)
- Austria (734.7 tons)
- Switzerland (623.6 tons)
- Belgium (501.0 tons)
- United Kingdom (422.6 tons)
- Italy (356.3 tons)
- Czech Republic (296.5 tons)
- Finland (285.8 tons)
- South Korea (264.0 tons)
- United States (160.0 tons)
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