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Germany - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Germany - 2023
Contents:
- Pyrethrum and Peppermint Price in Germany (CIF) - 2023
- Pyrethrum and Peppermint Price in Germany (FOB) - 2023
- Pyrethrum and Peppermint Imports in Germany
- Pyrethrum and Peppermint Exports in Germany
Pyrethrum and Peppermint Price in Germany (CIF) - 2023
In August 2023, the average pyrethrum and peppermint import price amounted to $7,837 per ton, picking up by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in June 2023 an increase of 37% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was India ($9,028 per ton), while the price for Uzbekistan ($3,019 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Germany (FOB) - 2023
In August 2023, the average pyrethrum and peppermint export price amounted to $10,175 per ton, surging by 3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in November 2022 an increase of 25% m-o-m. The export price peaked at $10,883 per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Argentina ($12,856 per ton), while the average price for exports to Albania ($2,795 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pyrethrum and Peppermint Imports in Germany
For the fourth consecutive year, Germany recorded growth in supplies from abroad of pyrethrum and peppermint, which increased by 5% to 77K tons in 2022. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pyrethrum and peppermint imports expanded significantly to $430M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Pyrethrum and Peppermint in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 31.0 | 41.8 | 57.2 | 67.0 | 29.3% |
Poland | 32.9 | 42.8 | 41.3 | 41.0 | 7.6% |
Egypt | 21.6 | 21.4 | 24.9 | 26.2 | 6.6% |
United States | 35.6 | 38.1 | 28.2 | 26.2 | -9.7% |
China | 13.5 | 16.3 | 13.6 | 20.9 | 15.7% |
Netherlands | 22.3 | 22.8 | 19.3 | 14.4 | -13.6% |
Spain | 12.0 | 13.0 | 14.0 | 14.1 | 5.5% |
Albania | 12.1 | 12.6 | 14.7 | 13.3 | 3.2% |
Croatia | 6.2 | 9.0 | 10.3 | 13.0 | 28.0% |
Bulgaria | 9.9 | 9.7 | 11.6 | 12.3 | 7.5% |
Chile | 10.2 | 10.7 | 9.9 | 8.8 | -4.8% |
Turkey | 8.7 | 8.7 | 8.1 | 8.2 | -2.0% |
Morocco | 5.7 | 5.5 | 5.5 | 6.0 | 1.7% |
Others | 108 | 117 | 147 | 158 | 13.5% |
Total | 329 | 369 | 405 | 430 | 9.3% |
Top Suppliers of Pyrethrum and Peppermint to Germany in 2022:
- India (9.9K tons)
- Egypt (8.9K tons)
- Poland (7.6K tons)
- China (4.0K tons)
- Croatia (3.7K tons)
- United States (3.3K tons)
- Albania (3.3K tons)
- Netherlands (3.2K tons)
- Spain (3.0K tons)
- Bulgaria (2.9K tons)
- Morocco (2.5K tons)
- Turkey (2.3K tons)
- Chile (1.8K tons)
Pyrethrum and Peppermint Exports in Germany
In 2022, after three years of growth, there was significant decline in shipments abroad of pyrethrum and peppermint, when their volume decreased by -10.8% to 25K tons. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 9.1% against the previous year.
In value terms, pyrethrum and peppermint exports dropped to $216M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 16%.
Export of Pyrethrum and Peppermint in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 19.1 | 24.8 | 33.2 | 32.3 | 19.1% |
United Kingdom | 20.0 | 24.0 | 29.8 | 25.8 | 8.9% |
United States | 21.5 | 26.7 | 27.9 | 22.5 | 1.5% |
Austria | 19.0 | 20.1 | 17.6 | 16.2 | -5.2% |
Switzerland | 13.0 | 15.6 | 16.2 | 15.4 | 5.8% |
France | 10.0 | 12.5 | 14.8 | 13.4 | 10.2% |
Netherlands | 9.9 | 13.2 | 13.8 | 13.3 | 10.3% |
Italy | 6.5 | 6.5 | 7.7 | 8.8 | 10.6% |
Spain | 8.3 | 8.7 | 8.6 | 7.0 | -5.5% |
Czech Republic | 3.3 | 4.0 | 3.9 | 4.3 | 9.2% |
Australia | 1.6 | 1.8 | 2.3 | 4.1 | 36.8% |
Sweden | 3.9 | 4.3 | 4.1 | 2.9 | -9.4% |
Brazil | 2.6 | 2.1 | 1.8 | 2.2 | -5.4% |
Others | 47.8 | 51.8 | 54.9 | 48.3 | 0.3% |
Total | 186 | 216 | 237 | 216 | 5.1% |
Top Export Markets for Pyrethrum and Peppermint from Germany in 2022:
- Poland (4.4K tons)
- United Kingdom (3.1K tons)
- United States (2.7K tons)
- Austria (1.7K tons)
- Netherlands (1.7K tons)
- France (1.6K tons)
- Switzerland (1.2K tons)
- Spain (0.9K tons)
- Italy (0.8K tons)
- Czech Republic (0.5K tons)
- Brazil (0.4K tons)
- Australia (0.4K tons)
- Sweden (0.4K tons)
This report provides an in-depth analysis of the pyrethrum and peppermint market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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