Vegetable Puree Market in Germany
Market Overview
In 
, the German vegetable puree market decreased by -% to $ for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.
In value terms, vegetable puree production reached $ in estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by %. As a result, production reached the peak level of $. From 2009 to , production growth remained at a lower figure.
, the German vegetable puree market decreased by -% to $ for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.In value terms, vegetable puree production reached $
in estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the production volume increased by %. As a result, production reached the peak level of $. From 2009 to , production growth remained at a lower figure.Consumption
For the sixth year in a row, Germany recorded growth in consumption of vegetable puree, which increased by % to tons in . Overall, consumption showed buoyant growth. As a result, consumption attained the peak volume of tons. From 2009 to , the growth of the consumption remained at a lower figure.
The revenue of the vegetable puree market in Germany dropped to $ in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a prominent increase. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market remained at a lower figure.
% to tons in . Overall, consumption showed buoyant growth. As a result, consumption attained the peak volume of tons. From 2009 to , the growth of the consumption remained at a lower figure.The revenue of the vegetable puree market in Germany dropped to $
in , falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a prominent increase. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market remained at a lower figure.Market Forecast
The vegetable puree market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Vegetable puree market in Germany consists almost entirely of imported products.
Trade Balance
Germany remains a net importer of vegetable puree; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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