Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in Germany - 2023

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany (CIF) - 2022

In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $4,026 per ton, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2014 an increase of 27% against the previous year. As a result, import price reached the peak level of $4,284 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,269 per ton), while the price for Belgium ($1,994 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany (FOB) - 2022

In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $3,096 per ton, surging by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2019 an increase of 32%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($3,488 per ton), while the average price for exports to Luxembourg ($1,638 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany

In 2022, supplies from abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -37.7% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 5.4%.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia dropped rapidly to $5.8M in 2022. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 20%. As a result, imports attained the peak of $8.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece6.07.57.14.6-8.5%
Spain0.40.40.50.57.7%
Italy0.40.40.30.2-20.6%
BulgariaN/AN/AN/A0.20%
Belgium0.10.20.10.10.0%
Others0.30.10.20.2-12.6%
Total7.18.68.15.8-6.5%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Germany in 2022:

  1. Greece (1116.9 tons)
  2. Spain (132.2 tons)
  3. Italy (49.1 tons)
  4. Bulgaria (40.4 tons)
  5. Belgium (35.3 tons)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany

In 2022, shipments abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia decreased by -20.7% to 367 tons, falling for the second consecutive year after two years of growth. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 149%. As a result, the exports attained the peak of 486 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced to $1.1M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 152%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France81.039341739870.0%
Belgium96.239230730046.1%
Netherlands75.518718817833.1%
Austria188300216178-1.8%
GreeceN/A6.722.919.369.7%
Luxembourg19.69.611.114.2-10.2%
Others80.069.912347.1-16.2%
Total5401,3591,2851,13528.1%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Germany in 2022:

  1. France (116.8 tons)
  2. Belgium (86.1 tons)
  3. Netherlands (72.8 tons)
  4. Austria (63.4 tons)
  5. Luxembourg (8.7 tons)
  6. Greece (6.0 tons)

Source: IndexBox Market Intelligence Platform

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