Belgium - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Belgium - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights

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Malt Price in Belgium - 2023

Contents:

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

Malt Price in Belgium (FOB) - 2023

In June 2023, the average malt export price amounted to $736 per ton, which is down by -1.7% against the previous month. Overall, export price indicated a perceptible increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, malt export price decreased by -1.7% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 16% m-o-m. Over the period under review, the average export prices reached the maximum at $749 per ton in May 2023, and then shrank in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was France ($955 per ton), while the average price for exports to Guatemala ($571 per ton) 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 Tanzania (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Malt Price in Belgium (CIF) - 2023

In June 2023, the average malt import price amounted to $590 per ton, increasing by 8.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 14% m-o-m. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,186 per ton), while the price for France ($550 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 Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Malt Exports in Belgium

In 2022, malt exports from Belgium expanded significantly to 1M tons, growing by 12% on 2021 figures. The total export volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, malt exports soared to $598M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Malt in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico30.621.844.374.834.7%
Netherlands40.741.151.263.415.9%
South Africa17.219.426.946.138.9%
Nigeria38.925.262.336.8-1.8%
Guatemala5.98.912.435.682.1%
Democratic Republic of the Congo7.27.111.125.652.6%
Venezuela0.34.512.321.1312.8%
Vietnam11.39.67.517.315.3%
France10.310.512.817.018.2%
Cameroon0.74.89.915.1178.4%
Tanzania11.48.711.313.66.1%
Brazil24.229.421.613.5-17.7%
Angola10.96.510.112.75.2%
Others14513913920612.4%
Total35533743359819.0%

Top Export Markets for Malt from Belgium in 2022:

  1. Mexico (127.1K tons)
  2. Netherlands (120.7K tons)
  3. South Africa (89.6K tons)
  4. Nigeria (72.1K tons)
  5. Guatemala (49.0K tons)
  6. Democratic Republic of the Congo (47.5K tons)
  7. Vietnam (32.6K tons)
  8. Venezuela (28.3K tons)
  9. Brazil (27.7K tons)
  10. Tanzania (26.8K tons)
  11. Cameroon (24.1K tons)
  12. France (23.6K tons)
  13. Angola (21.0K tons)

Malt Imports in Belgium

Malt imports into Belgium dropped to 453K tons in 2022, reducing by -7.7% on 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% 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 increased by +34.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of 491K tons, and then declined in the following year.

In value terms, malt imports rose slightly to $231M in 2022. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Malt in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10411015714812.5%
UruguayN/AN/AN/A39.10%
Netherlands17.712.639.334.524.9%
Germany9.54.610.47.7-6.8%
Others5.15.415.51.4-35.0%
Total13713222223119.0%

Top Suppliers of Malt to Belgium in 2022:

  1. France (330.3K tons)
  2. Netherlands (59.7K tons)
  3. Uruguay (49.5K tons)
  4. Germany (11.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the malt 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 11061030 - Malt, not roasted (excluding alcohol duty)

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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