Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands - 2023

Contents:

  1. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands (CIF) - 2023
  2. Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands (FOB) - 2023
  3. Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands
  4. Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands (CIF) - 2023

The average import price for soups and broths and preparations therefor; homogenised composite food preparationses stood at $3,010 per ton in November 2023, falling by -2.8% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2023 an increase of 18% month-to-month. The import price peaked at $3,865 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Romania ($4,882 per ton), while the price for Poland ($2,144 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands (FOB) - 2023

In November 2023, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $4,269 per ton, declining by -18.6% against the previous month. Over the period under review, export price indicated a temperate expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for soups and broths and preparations therefor; homogenised composite food preparationses increased by +5.9% against September 2023 indices. The growth pace was the most rapid in July 2023 when the average export price increased by 32% against the previous month. The export price peaked at $5,246 per ton in October 2023, and then dropped dramatically in the following month.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was France ($6,136 per ton), while the average price for exports to Denmark ($2,229 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands

In 2022, imports of soups and broths and preparations therefor; homogenised composite food preparationses into the Netherlands rose markedly to 66K tons, with an increase of 8% on 2021 figures. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $177M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland40.143.940.957.112.5%
Germany56.939.742.643.9-8.3%
Belgium19.519.624.226.410.6%
Spain5.47.27.27.210.1%
RomaniaN/A0.32.45.2316.3%
France13.611.94.15.2-27.4%
Slovakia1.52.25.35.049.4%
United Kingdom2.43.71.72.0-5.9%
Others17.824.125.525.112.1%
Total1571531541774.1%

Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to the Netherlands in 2022:

  1. Poland (28.5K tons)
  2. Germany (12.1K tons)
  3. Belgium (9.3K tons)
  4. Spain (2.5K tons)
  5. France (2.2K tons)
  6. United Kingdom (1.5K tons)
  7. Slovakia (1.5K tons)
  8. Romania (1.4K tons)

Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands

Exports of soups and broths and preparations therefor; homogenised composite food preparationses from the Netherlands expanded remarkably to 59K tons in 2022, growing by 13% against the year before. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses reached $168M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45.360.551.551.34.2%
United Kingdom43.341.637.538.0-4.3%
Belgium20.318.322.025.27.5%
Sweden6.24.75.912.125.0%
Italy1.91.41.86.449.9%
France3.94.85.95.914.8%
Denmark2.52.23.33.06.3%
Others15.915.921.626.218.1%
Total1391491491686.5%

Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from the Netherlands in 2022:

  1. Germany (23.8K tons)
  2. United Kingdom (13.1K tons)
  3. Belgium (7.5K tons)
  4. Sweden (4.5K tons)
  5. Italy (2.6K tons)
  6. Denmark (1.3K tons)
  7. France (1.1K tons)

Source: IndexBox Market Intelligence Platform

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