Belgium - Inulin - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingInulin Price in Belgium - 2023
Contents:
- Inulin Price in Belgium (FOB) - 2023
- Inulin Price in Belgium (CIF) - 2022
- Inulin Exports in Belgium
- Inulin Imports in Belgium
Inulin Price in Belgium (FOB) - 2023
The average inulin export price stood at $3,244 per ton in June 2023, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in January 2023 an increase of 12% month-to-month. The export price peaked at $3,257 per ton in May 2023, and then fell slightly in the following month.
Average prices varied somewhat for the major external markets. In June 2023, the countries with the highest prices were Israel ($3,578 per ton) and the UK ($3,547 per ton), while the average price for exports to China ($2,852 per ton) and Indonesia ($2,911 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Inulin Price in Belgium (CIF) - 2022
The average inulin import price stood at $2,756 per ton in 2022, shrinking by -30.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. As a result, import price reached the peak level of $3,965 per ton, and then contracted rapidly in the following year.
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 Mexico ($7,232 per ton), while the price for Chile ($1,940 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Inulin Exports in Belgium
In 2022, shipments abroad of inulin decreased by -8.9% to 44K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports reached the peak of 49K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, inulin exports reduced to $133M in 2022. The total export value increased at an average annual rate of +6.4% over the period 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 19%.
| Export of Inulin in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.7 | 21.5 | 19.0 | 21.7 | 9.1% |
| Italy | 8.8 | 10.3 | 11.4 | 9.8 | 3.7% |
| Germany | 8.0 | 9.1 | 11.3 | 9.1 | 4.4% |
| Indonesia | 6.3 | 8.2 | 12.0 | 8.0 | 8.3% |
| China | 3.9 | 5.4 | 6.0 | 7.6 | 24.9% |
| Netherlands | 7.0 | 7.9 | 7.0 | 7.0 | 0.0% |
| France | 5.3 | 5.3 | 5.7 | 6.6 | 7.6% |
| Spain | 6.0 | 6.9 | 8.2 | 5.7 | -1.7% |
| Israel | 4.1 | 4.7 | 4.9 | 5.6 | 11.0% |
| Poland | 3.5 | 4.9 | 4.9 | 5.0 | 12.6% |
| United Kingdom | 4.4 | 5.2 | 5.4 | 5.0 | 4.4% |
| Japan | 5.2 | 5.1 | 5.0 | 4.6 | -4.0% |
| Taiwan (Chinese) | 3.2 | 3.5 | 4.2 | 4.0 | 7.7% |
| Others | 28.4 | 33.6 | 37.1 | 33.8 | 6.0% |
| Total | 111 | 132 | 142 | 133 | 6.2% |
Top Export Markets for Inulin from Belgium in 2022:
- United States (6.8K tons)
- Italy (3.2K tons)
- Germany (3.2K tons)
- Indonesia (3.0K tons)
- China (2.7K tons)
- Netherlands (2.1K tons)
- France (2.0K tons)
- Spain (2.0K tons)
- Israel (1.8K tons)
- Poland (1.6K tons)
- Japan (1.6K tons)
- United Kingdom (1.5K tons)
- Taiwan (Chinese) (1.4K tons)
Inulin Imports in Belgium
In 2022, imports of inulin into Belgium soared to 1.1K tons, rising by 106% on 2021. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 256% against the previous year. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, inulin imports skyrocketed to $3M in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 246%. As a result, imports reached the peak of $5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Inulin in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 788 | 3,773 | 480 | 1,376 | 20.4% |
| Netherlands | 605 | 578 | 785 | 1,159 | 24.2% |
| Mexico | N/A | 139 | 437 | 242 | 31.9% |
| Denmark | N/A | N/A | 70.8 | 147 | 107.6% |
| Others | 38.1 | 466 | 346 | 107 | 41.1% |
| Total | 1,431 | 4,956 | 2,119 | 3,032 | 28.4% |
Top Suppliers of Inulin to Belgium in 2022:
- Chile (709.3 tons)
- Netherlands (300.1 tons)
- Mexico (33.5 tons)
- Denmark (29.2 tons)
This report provides an in-depth analysis of the inulin 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 10621130 - Inulin
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.
-
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
-
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
-
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
-
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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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 VOLUME AND VALUE
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
-
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
-
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
- 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
- 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
392
This report provides an in-depth analysis of the inulin market in Belgium.
494
This report provides an in-depth analysis of the maize starch market in Belgium.
418
This report provides an in-depth analysis of the potato starch market in Belgium.
477
This report provides an in-depth analysis of the wheat starch market in Belgium.
130
This report provides an in-depth analysis of the market for starch other than wheat, corn or potato in Belgium.
1749
This report provides an in-depth analysis of the global inulin market.
2100
This report provides an in-depth analysis of the global maize starch market.
1320
This report provides an in-depth analysis of the global potato starch market.
1371
This report provides an in-depth analysis of the global wheat starch market.
331
This report provides an in-depth analysis of the global market for starch other than wheat, corn or potato.
1136
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
635
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
198
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
1136
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
635
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
198
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
