Non-Liquid Margarine Price in France - 2023
Contents:
- Non-Liquid Margarine Price in France (CIF) - 2023
- Non-Liquid Margarine Price in France (FOB) - 2023
- Non-Liquid Margarine Imports in France
- Non-Liquid Margarine Exports in France
Non-Liquid Margarine Price in France (CIF) - 2023
In June 2023, the average non-liquid margarine import price amounted to $2,039 per ton, therefore, remained relatively stable against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 7% month-to-month. As a result, import price attained the peak level of $2,190 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Italy ($2,300 per ton) and Germany ($2,204 per ton), while the price for Poland ($1,818 per ton) and Portugal ($1,903 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Liquid Margarine Price in France (FOB) - 2023
The average non-liquid margarine export price stood at $3,041 per ton in June 2023, flattening at the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2023 an increase of 42% m-o-m. As a result, the export price attained the peak level of $3,099 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Madagascar ($4,336 per ton), while the average price for exports to the Netherlands ($2,272 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 Belgium (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Liquid Margarine Imports in France
Non-liquid margarine imports into France declined to 69K tons in 2022, with a decrease of -11.4% on the previous year. In general, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year.
In value terms, non-liquid margarine imports stood at $131M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.9% 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 +52.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Non-Liquid Margarine in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 51.6 | 48.0 | 61.0 | 76.5 | 14.0% |
| Poland | 5.0 | 2.1 | 8.1 | 16.2 | 48.0% |
| Netherlands | 33.2 | 21.9 | 34.7 | 15.8 | -21.9% |
| Portugal | 0.7 | 1.9 | 2.9 | 9.8 | 141.0% |
| Germany | 4.4 | 4.7 | 5.0 | 5.8 | 9.6% |
| Spain | 3.0 | 3.6 | 4.9 | 3.4 | 4.3% |
| Italy | 2.4 | 2.8 | 4.3 | 3.1 | 8.9% |
| Others | 4.2 | 1.2 | 2.2 | 0.7 | -45.0% |
| Total | 104 | 86.2 | 123 | 131 | 8.0% |
Top Suppliers of Non-Liquid Margarine to France in 2022:
- Belgium (40.8K tons)
- Netherlands (9.2K tons)
- Poland (8.3K tons)
- Portugal (4.5K tons)
- Germany (3.1K tons)
- Italy (1.6K tons)
- Spain (1.5K tons)
Non-Liquid Margarine Exports in France
In 2022, approx. 4.9K tons of non-liquid margarine were exported from France; remaining stable against the previous year. Overall, exports, however, recorded a slight decline. The pace of growth appeared the most rapid in 2020 when exports increased by 2.8% against the previous year. As a result, the exports attained the peak of 5.3K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-liquid margarine exports rose sharply to $12M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Non-Liquid Margarine in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.4 | 7.4 | 6.7 | 6.9 | -2.3% |
| Belgium | 0.7 | 0.8 | 0.8 | 0.9 | 8.7% |
| Spain | 0.4 | 0.3 | 0.6 | 0.7 | 20.5% |
| Bosnia and Herzegovina | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Madagascar | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Saudi Arabia | N/A | N/A | N/A | 0.3 | 0% |
| Luxembourg | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 1.3 | 1.4 | 1.8 | 1.8 | 11.5% |
| Total | 10.5 | 10.6 | 10.8 | 11.6 | 3.4% |
Top Export Markets for Non-Liquid Margarine from France in 2022:
- Italy (3379.1 tons)
- Belgium (329.5 tons)
- Spain (236.9 tons)
- Bosnia and Herzegovina (159.1 tons)
- Luxembourg (126.4 tons)
- Madagascar (97.2 tons)
- Saudi Arabia (86.0 tons)
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