Germany: Food Processing Ingredients

  |   Attaché Report (GAIN)   |   GM2022-0013

Contact:

Office of Agricultural Affairs, Berlin   |   (011-49-30) 8305-1150

Link to report:

Germany: Food Processing Ingredients

Following stagnation in 2020 and decline in 2021, the German food processing industry still cannot catch up with the growth dynamics of pre-pandemic period. According to BVE initial estimates, total sales of US$201.3 billion were generated across all sub-sectors in 2021, which is 1.6 percent lower than the previous year. A moderate increase in prices and rising exports somewhat softened this decline. However, the German food industry continues to struggle with subdued private consumer spending, results of COVID-19 related measures, and rising production costs, which are difficult to impose on customers. COVID-19 related lockdowns and physical distancing measures heavily impacted the German food sector, as well as shopping and consumption patterns of German consumers. The look into the future is mixed. Based on the latest survey conducted by the Federation of German Food and Drink Industries (BVE), the majority of companies expect stagnating results for 2022.

Europe and Eurasia, Germany
Processed Food Products

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.