Belgium - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanary Seed Price in Belgium - 2023
Contents:
- Canary Seed Price in Belgium (CIF) - 2023
- Canary Seed Price in Belgium (FOB) - 2022
- Canary Seed Imports in Belgium
- Canary Seed Exports in Belgium
Canary Seed Price in Belgium (CIF) - 2023
In June 2023, the average canary seed import price amounted to $820 per ton, shrinking by -8.5% against the previous month. Over the period under review, the import price recorded a mild decrease. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 4.8% m-o-m. Over the period under review, average import prices attained the maximum at $959 per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($999 per ton), while the price for Canada ($811 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Canary Seed Price in Belgium (FOB) - 2022
In 2022, the average canary seed export price amounted to $1,232 per ton, surging by 47% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, canary seed export price increased by +77.6% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($1,574 per ton), while the average price for exports to Switzerland ($921 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Canary Seed Imports in Belgium
In 2022, overseas purchases of canary seed decreased by -21.1% to 20K tons, falling for the second year in a row after two years of growth. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 55%. As a result, imports attained the peak of 31K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, canary seed imports totaled $17M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, imports attained the peak of $19M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Canary Seed in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.8 | 10.9 | 9.3 | 10.4 | 21.5% |
| Netherlands | 2.1 | 3.6 | 2.9 | 2.9 | 11.4% |
| Hungary | 3.0 | 4.2 | 1.8 | 2.3 | -8.5% |
| United Kingdom | N/A | N/A | 2.4 | 0.9 | -62.5% |
| France | N/A | N/A | N/A | 0.5 | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 11.0 | 18.7 | 16.6 | 17.1 | 15.8% |
Top Suppliers of Canary Seed to Belgium in 2022:
- Canada (11.9K tons)
- Netherlands (3.1K tons)
- Hungary (3.0K tons)
- United Kingdom (1.4K tons)
- France (0.6K tons)
Canary Seed Exports in Belgium
In 2022, overseas shipments of canary seed decreased by -65.3% to 749 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 99%. As a result, the exports attained the peak of 2.9K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, canary seed exports dropped remarkably to $922K in 2022. In general, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 108% against the previous year. As a result, the exports reached the peak of $2.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Canary Seed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 147 | 395 | 386 | 245 | 18.6% |
| Netherlands | 120 | 176 | 543 | 143 | 6.0% |
| France | 260 | 636 | 203 | 123 | -22.1% |
| Spain | 54.0 | 109 | 108 | 76.7 | 12.4% |
| Switzerland | 1.4 | 40.8 | 4.6 | 44.1 | 215.8% |
| Algeria | 1.4 | 11.7 | 7.3 | 39.4 | 204.2% |
| India | 23.6 | 67.4 | 59.2 | 38.9 | 18.1% |
| Germany | 29.5 | 92.5 | 51.9 | 36.9 | 7.7% |
| Portugal | 36.5 | 89.8 | 64.1 | 35.8 | -0.6% |
| Kuwait | 0.3 | 1.2 | 23.5 | 32.3 | 375.7% |
| Iraq | 0.3 | 10.1 | 5.1 | 15.6 | 273.3% |
| United Kingdom | 99.9 | 104 | 33.8 | 12.2 | -50.4% |
| Saudi Arabia | 94.7 | 20.2 | N/A | N/A | -78.7% |
| Others | 130 | 325 | 315 | 80.2 | -14.9% |
| Total | 1,000 | 2,077 | 1,805 | 922 | -2.7% |
Top Export Markets for Canary Seed from Belgium in 2022:
- Italy (202.7 tons)
- Netherlands (124.6 tons)
- France (90.3 tons)
- Spain (58.4 tons)
- Switzerland (47.9 tons)
- India (32.1 tons)
- Germany (31.2 tons)
- Portugal (28.0 tons)
- Kuwait (27.1 tons)
- Algeria (25.0 tons)
- Iraq (12.1 tons)
- United Kingdom (8.7 tons)
This report provides an in-depth analysis of the canary seed market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 101 - Canary seed
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global canary seed exports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
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Global canary seed imports amounted to X thousand tons in 2015, approximately equating the previous year level.
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In 2015, the country with the largest volume of the canary seed output was Canada (X thousand tons), accounting for X% of global production.
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Despite a small dip in exports in 2014, Canada maintained control of the canary seed market. In 2014, Canada exported X thousand tons of canary seed totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where
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In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
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In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), China (X thousand tons), France (X thousand tons), together accounting for X% of total output.
