Germany - Sugars, Sugar Ethers And Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSugars Price in Germany - 2023
Contents:
- Sugars Price in Germany (FOB) - 2023
- Sugars Price in Germany (CIF) - 2022
- Sugars Exports in Germany
- Sugars Imports in Germany
Sugars Price in Germany (FOB) - 2023
The average sugars export price stood at $2,770 per ton in June 2023, leveling off at the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 25% m-o-m. As a result, the export price reached the peak level of $3,484 per ton. From April 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was India ($3,707 per ton), while the average price for exports to Switzerland ($2,135 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sugars Price in Germany (CIF) - 2022
The average sugars import price stood at $8,863 per ton in 2022, dropping by -3% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugars import price decreased by -13.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 33%. The import price peaked at $10,263 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($45,112 per ton), while the price for the Netherlands ($3,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Sugars Exports in Germany
After two years of decline, shipments abroad of sugars, sugar ethers and salts increased by 12% to 93K tons in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, sugars exports expanded significantly to $244M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Sugars in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 31.6 | 29.8 | 25.8 | 31.7 | 0.1% |
United States | 30.8 | 35.7 | 33.5 | 28.8 | -2.2% |
Poland | 16.2 | 16.2 | 15.4 | 18.3 | 4.1% |
Italy | 13.5 | 10.9 | 12.9 | 14.3 | 1.9% |
Spain | 9.3 | 7.8 | 12.2 | 13.7 | 13.8% |
United Kingdom | 9.8 | 9.4 | 8.2 | 11.3 | 4.9% |
France | 8.5 | 9.2 | 12.4 | 11.0 | 9.0% |
Canada | 6.7 | 6.5 | 6.5 | 10.8 | 17.3% |
China | 7.0 | 7.7 | 12.7 | 9.7 | 11.5% |
Japan | 8.6 | 7.2 | 9.3 | 8.8 | 0.8% |
India | 3.6 | 3.6 | 2.7 | 6.4 | 21.1% |
Turkey | 3.6 | 4.0 | 4.4 | 5.8 | 17.2% |
Vietnam | 1.6 | 2.8 | 3.9 | 5.3 | 49.1% |
Others | 60.3 | 54.5 | 69.5 | 67.6 | 3.9% |
Total | 211 | 205 | 230 | 244 | 5.0% |
Top Export Markets for Sugars from Germany in 2022:
- Switzerland (23.0K tons)
- Poland (9.1K tons)
- United States (6.8K tons)
- Italy (5.4K tons)
- Spain (4.9K tons)
- China (4.3K tons)
- Japan (4.2K tons)
- Canada (4.0K tons)
- United Kingdom (3.9K tons)
- France (3.3K tons)
- Turkey (2.6K tons)
- India (1.7K tons)
- Vietnam (1.5K tons)
Sugars Imports in Germany
In 2022, sugars imports into Germany expanded remarkably to 9.5K tons, surging by 6.9% on 2021. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sugars imports rose to $85M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Sugars in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 16.0 | 18.4 | 22.9 | 22.7 | 12.4% |
China | 6.5 | 8.2 | 12.8 | 15.7 | 34.2% |
Spain | 5.5 | 8.3 | 10.1 | 12.7 | 32.2% |
Belgium | 0.3 | 1.5 | 7.2 | 8.0 | 198.8% |
France | 6.3 | 5.0 | 7.6 | 6.6 | 1.6% |
Netherlands | 0.8 | 1.9 | 3.5 | 3.6 | 65.1% |
Japan | 2.3 | 1.4 | 2.3 | 2.8 | 6.8% |
Denmark | 0.3 | 1.5 | 1.6 | 2.6 | 105.4% |
Malta | N/A | 1.0 | 0.9 | 0.9 | -5.1% |
Others | 7.3 | 7.3 | 12.8 | 8.9 | 6.8% |
Total | 45.2 | 54.4 | 81.6 | 84.6 | 23.2% |
Top Suppliers of Sugars to Germany in 2022:
- China (2712.3 tons)
- Belgium (1530.7 tons)
- France (1182.2 tons)
- United States (1070.0 tons)
- Netherlands (931.1 tons)
- Spain (816.7 tons)
- Denmark (337.7 tons)
- Malta (287.3 tons)
- Japan (62.6 tons)
This report provides an in-depth analysis of the sugars 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:
- Prodcom 21104000 - Sugars, pure (excluding glucose, etc.), sugar ethers and salts, etc.
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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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