Belgium - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 15, 2024

Belgium - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights

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Fructose Price in Belgium - 2023

Contents:

  1. Fructose Price in Belgium (FOB) - 2023
  2. Fructose Price in Belgium (CIF) - 2022
  3. Fructose Exports in Belgium
  4. Fructose Imports in Belgium

Fructose Price in Belgium (FOB) - 2023

The average fructose export price stood at $1,517 per ton in July 2023, increasing by 4.8% against the previous month. Overall, export price indicated a tangible increase from August 2022 to July 2023: its price increased at an average monthly rate of +3.2% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, fructose export price increased by +4.8% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 48% month-to-month. The export price peaked in July 2023.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the United States ($6,429 per ton), while the average price for exports to Costa Rica ($1,061 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fructose Price in Belgium (CIF) - 2022

The average fructose import price stood at $810 per ton in 2022, leveling off at the previous year. In general, the import price, however, recorded a slight descent. The growth pace was the most rapid in 2020 when the average import price increased by 15%. The import price peaked at $965 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($2,111 per ton), while the price for France ($520 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Fructose Exports in Belgium

In 2022, approx. 150K tons of fructose and fructose syrup were exported from Belgium; surging by 6.5% against the previous year. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 10%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, fructose exports totaled $156M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Fructose in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.222.623.026.117.2%
France16.918.723.925.414.5%
Spain10.612.315.217.518.2%
Netherlands10.113.815.913.510.2%
United States8.36.36.710.47.8%
Singapore4.66.47.07.618.2%
Canada2.53.14.26.638.2%
United Kingdom6.97.26.56.2-3.5%
Italy2.62.43.63.510.4%
ChileN/A0.61.73.2130.9%
Costa RicaN/A0.31.12.1164.6%
Others24.330.636.033.611.4%
Total10312414515614.8%

Top Export Markets for Fructose from Belgium in 2022:

  1. France (34.9K tons)
  2. Germany (34.3K tons)
  3. Spain (26.4K tons)
  4. Netherlands (11.0K tons)
  5. United Kingdom (5.0K tons)
  6. United States (4.4K tons)
  7. Singapore (4.1K tons)
  8. Chile (3.6K tons)
  9. Italy (3.0K tons)
  10. Costa Rica (2.8K tons)
  11. Canada (2.7K tons)

Fructose Imports in Belgium

After three years of growth, supplies from abroad of fructose and fructose syrup decreased by -0.6% to 83K tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 84K tons, leveling off in the following year.

In value terms, fructose imports dropped slightly to $67M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% 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 increased by +78.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $67M, leveling off in the following year.

Import of Fructose in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France12.911.328.022.119.7%
Netherlands17.119.322.221.98.6%
MexicoN/A3.74.87.138.5%
Turkey0.52.32.43.896.6%
Israel0.11.52.03.8236.2%
Germany1.82.22.32.815.9%
Slovakia0.71.62.02.654.9%
Others4.74.53.63.3-11.1%
Total37.846.567.367.321.2%

Top Suppliers of Fructose to Belgium in 2022:

  1. France (42.5K tons)
  2. Netherlands (22.3K tons)
  3. Israel (3.8K tons)
  4. Turkey (3.7K tons)
  5. Mexico (3.4K tons)
  6. Slovakia (2.9K tons)
  7. Germany (2.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fructose 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:

  • Prodcom 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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