Europe: Market for Protein Concentrates and Flavoured or Coloured Sugar Syrups 2024

Market Size for Protein Concentrates and Flavoured or Coloured Sugar Syrups in Europe

The Europe market for protein concentrates and flavoured or coloured sugar syrups expanded slightly to $X in 2023, rising by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Protein Concentrates and Flavoured or Coloured Sugar Syrups in Europe

In value terms, production of protein concentrates and flavoured or coloured sugar syrups contracted modestly to $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production of growth failed to regain momentum.

Exports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Exports in Europe

In 2023, overseas shipments of protein concentrates and flavoured or coloured sugar syrups decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. In general, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2022, and then declined in the following year.

In value terms, exports of protein concentrates and flavoured or coloured sugar syrups stood at $X in 2023. Over the period under review, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports of reached the peak figure in 2023 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) and Serbia (X tons) represented roughly X% of total exports in 2023. The UK (X tons) held the next position in the ranking, followed by Belgium (X tons), Spain (X tons), Germany (X tons) and Slovakia (X tons). All these countries together held approx. X% share of total exports. The following exporters - Denmark (X tons), France (X tons), Poland (X tons), Italy (X tons), Russia (X tons) and Hungary (X tons) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest protein concentrate and flavoured or coloured sugar syrup supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with an X% share of total exports. It was followed by Spain, with a X% share.

In the Netherlands, exports of protein concentrates and flavoured or coloured sugar syrups increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the UK (X% per year) and Spain (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Imports of Protein Concentrates and Flavoured or Coloured Sugar Syrups

Imports in Europe

In 2023, approx. X tons of protein concentrates and flavoured or coloured sugar syrups were imported in Europe; dropping by X% compared with the previous year. Total imports indicated a noticeable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2022, and then reduced in the following year.

In value terms, imports of protein concentrates and flavoured or coloured sugar syrups expanded to $X in 2023. Total imports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

In 2023, the Netherlands (X tons), followed by the UK (X tons), France (X tons), Spain (X tons), Germany (X tons), Belgium (X tons) and Poland (X tons) represented the major importers of protein concentrates and flavoured or coloured sugar syrups, together generating X% of total imports. Italy (X tons), the Czech Republic (X tons), Sweden (X tons), Denmark (X tons), Greece (X tons) and Romania (X tons) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest protein concentrate and flavoured or coloured sugar syrup importing markets in Europe were the Netherlands ($X), the UK ($X) and Spain ($X), together comprising X% of total imports. France, Germany, Poland, Belgium, Italy, Sweden, the Czech Republic, Romania, Greece and Denmark lagged somewhat behind, together accounting for a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the maximum in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform