Global Margarine And Shortening Market 2022

Margarine And Shortening Market Size

In 2021, the global margarine and shortening market increased by X% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. Global consumption peaked in 2021 and is expected to retain growth in the immediate term.

Margarine And Shortening Production

In value terms, margarine and shortening production declined modestly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. Global production peaked at $X in 2020, and then fell modestly in the following year.

Margarine And Shortening Exports

Exports

Global margarine and shortening exports surged to X tons in 2021, growing by X% on 2020 figures. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, margarine and shortening exports soared to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Indonesia (X tons) was the largest exporter of margarine and shortening, making up X% of total exports. Belgium (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), Malaysia (X%), Russia (X%) and Germany (X%). Poland (X tons), the United States (X tons), Turkey (X tons), Sweden (X tons), Spain (X tons) and Canada (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to margarine and shortening exports from Indonesia stood at +X%. At the same time, Russia (+X%), Spain (+X%), Poland (+X%), Malaysia (+X%), Turkey (+X%), Sweden (+X%), Canada (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Belgium experienced a relatively flat trend pattern. By contrast, the United States (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Indonesia and Russia increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest margarine and shortening supplying countries worldwide were Indonesia ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of global exports. Malaysia, Germany, the United States, Russia, Sweden, Poland, Spain, Turkey and Canada lagged somewhat behind, together accounting for a further X the main exporting countries, Russia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average margarine and shortening export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The global export price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the other global leaders experienced more modest paces of growth.

Margarine And Shortening Imports

Imports

Global margarine and shortening imports totaled X tons in 2021, with an increase of X% against the year before. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, margarine and shortening imports soared to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China represented the main importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by France (X tons), comprising a X% share of total imports. Germany (X tons), the Netherlands (X tons), the United States (X tons), the UK (X tons), Poland (X tons), Chile (X tons), Canada (X tons), Brazil (X tons), Nigeria (X tons), Iraq (X tons) and Hungary (X tons) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to margarine and shortening imports into China stood at +X%. At the same time, Brazil (+X%), Nigeria (+X%), the Netherlands (+X%), the UK (+X%), the United States (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. By contrast, Poland (-X%), Germany (-X%), Canada (-X%), Iraq (-X%), France (-X%) and Chile (-X%) illustrated a downward trend over the same period. percentage points. Germany (-X p.p.), France (-X p.p.) and Chile (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported margarine and shortening worldwide, comprising X% of global imports. The second position in the ranking was taken by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In China, margarine and shortening imports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: France (-X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average margarine and shortening import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Global import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+X%), while the other global leaders experienced more modest paces of growth.

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