Insects; Live, Bees Price in Belgium - 2023
Contents:
- Insects; Live, Bees Price in Belgium (FOB) - 2023
- Insects; Live, Bees Price in Belgium (CIF) - 2022
- Insects; Live, Bees Exports in Belgium
- Insects; Live, Bees Imports in Belgium
Insects; Live, Bees Price in Belgium (FOB) - 2023
The average insects; live, bees export price stood at $153 per thousand units in June 2023, waning by -2.1% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 22% against the previous month. The export price peaked at $163 per thousand units in February 2023; however, from March 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Finland ($228 per thousand units), while the average price for exports to Morocco ($102 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Insects; Live, Bees Price in Belgium (CIF) - 2022
In 2022, the average insects; live, bees import price amounted to $0.1 per unit, picking up by 16% against the previous year. Overall, the import price, however, showed a abrupt contraction. The import price peaked at $0.6 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Morocco ($0.7 per unit), while the price for the Netherlands stood at $0.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+11.4%).
Insects; Live, Bees Exports in Belgium
In 2022, the amount of insects; live, beeses exported from Belgium rose to 92M units, picking up by 4% compared with 2021. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, insects; live, bees exports contracted to $12M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $13M, and then dropped in the following year.
| Export of Insects; Live, Bees in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 1.9 | 2.2 | 2.9 | 2.7 | 12.4% |
| Spain | 1.2 | 1.2 | 1.4 | 1.4 | 5.3% |
| France | 1.3 | 1.3 | 1.3 | 1.3 | 0.0% |
| Italy | 1.1 | 1.1 | 1.3 | 1.2 | 2.9% |
| Netherlands | 1.2 | 1.1 | 1.2 | 0.9 | -9.1% |
| United Kingdom | 0.7 | 0.6 | 0.8 | 0.7 | 0.0% |
| Germany | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Poland | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 1.9 | 2.9 | 3.7 | 3.3 | 20.2% |
| Total | 9.8 | 11.1 | 13.2 | 12.2 | 7.6% |
Top Export Markets for Insects; Live, Bees from Belgium in 2022:
- Morocco (28.9M units)
- Spain (14.0M units)
- Italy (10.5M units)
- Netherlands (9.4M units)
- France (8.6M units)
- United Kingdom (4.5M units)
- Germany (3.5M units)
- Poland (1.6M units)
Insects; Live, Bees Imports in Belgium
In 2022, the amount of insects; live, beeses imported into Belgium dropped to 3.6M units, declining by -9% on the previous year. Overall, imports showed a abrupt decline. The smallest decline of -2.7% was in 2020. Imports peaked at 4.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, insects; live, bees imports totaled $460K in 2022. Over the period under review, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 8.4% against the previous year. As a result, imports attained the peak of $529K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Insects; Live, Bees in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 481 | 438 | 432 | 357 | -9.5% |
| Morocco | N/A | 41.6 | N/A | 82.8 | 41.1% |
| Others | 7.1 | 49.3 | 3.5 | 20.2 | 41.7% |
| Total | 488 | 529 | 435 | 460 | -2.0% |
Top Suppliers of Insects; Live, Bees to Belgium in 2022:
- Netherlands (3.4M units)
- Morocco (0.1M units)
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