Cereals; Oats, Seeds Price in Belgium - 2023

Contents:

  1. Cereals; Oats, Seeds Price in Belgium (CIF) - 2022
  2. Cereals; Oats, Seeds Price in Belgium (FOB) - 2022
  3. Cereals; Oats, Seeds Imports in Belgium
  4. Cereals; Oats, Seeds Exports in Belgium

Cereals; Oats, Seeds Price in Belgium (CIF) - 2022

In 2022, the average cereals; oats, seeds import price amounted to $310 per ton, surging by 2.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 24%. As a result, import price attained the peak level of $319 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($656 per ton), while the price for Poland ($224 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Cereals; Oats, Seeds Price in Belgium (FOB) - 2022

The average cereals; oats, seeds export price stood at $453 per ton in 2022, with a decrease of -12.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 168% against the previous year. Over the period under review, the average export prices attained the maximum at $517 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($558 per ton), while the average price for exports to Germany ($150 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 the Netherlands (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Cereals; Oats, Seeds Imports in Belgium

After three years of growth, purchases abroad of cereals; oats, seedses decreased by -21.1% to 8.4K tons in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports attained the peak of 11K tons, and then fell sharply in the following year.

In value terms, cereals; oats, seeds imports fell remarkably to $2.6M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 84%.

Import of Cereals; Oats, Seeds in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3016701,1001,23960.3%
Netherlands52.6286593488110.1%
Finland23993.23972450.8%
Uruguay13.4279343126111.1%
Chile105N/AN/A1235.4%
Poland81.213123455.3-12.0%
Luxembourg57.098.094.850.9-3.7%
Others2254184602716.4%
Total1,0741,9743,2212,59834.2%

Top Suppliers of Cereals; Oats, Seeds to Belgium in 2022:

  1. France (4.3K tons)
  2. Netherlands (1.8K tons)
  3. Finland (1.0K tons)
  4. Chile (0.3K tons)
  5. Uruguay (0.2K tons)
  6. Poland (0.2K tons)
  7. Luxembourg (0.1K tons)

Cereals; Oats, Seeds Exports in Belgium

In 2022, cereals; oats, seeds exports from Belgium dropped to 1.1K tons, reducing by -8.3% against the previous year. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 18%.

In value terms, cereals; oats, seeds exports reduced remarkably to $484K in 2022. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 65%. As a result, the exports attained the peak of $602K, and then plummeted in the following year.

Export of Cereals; Oats, Seeds in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France17.8200368347169.1%
Luxembourg2.716.415.957.7177.5%
Netherlands24414420052.0-40.3%
Germany6.03.512.425.762.4%
Others15.20.35.71.4-54.8%
Total28636560248419.2%

Top Export Markets for Cereals; Oats, Seeds from Belgium in 2022:

  1. France (635.2 tons)
  2. Germany (171.3 tons)
  3. Netherlands (154.6 tons)
  4. Luxembourg (103.5 tons)

Source: IndexBox Market Intelligence Platform

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