Netherlands - Millet - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Netherlands - Millet - Market Analysis, Forecast, Size, Trends and Insights

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Millet Price in the Netherlands - 2023

Contents:

  1. Millet Price in the Netherlands (CIF) - 2023
  2. Millet Price in the Netherlands (FOB) - 2023
  3. Millet Imports in the Netherlands
  4. Millet Exports in the Netherlands

Millet Price in the Netherlands (CIF) - 2023

In July 2023, the average millet import price amounted to $911 per ton, dropping by -20.6% against the previous month. In general, import price indicated a notable expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, millet import price decreased by -20.6% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 63% m-o-m. The import price peaked at $1,147 per ton in June 2023, and then dropped dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was France ($5,446 per ton), while the price for Russia ($363 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Millet Price in the Netherlands (FOB) - 2023

The average millet export price stood at $1,070 per ton in July 2023, dropping by -45.2% against the previous month. Overall, the export price, however, recorded slight growth. The most prominent rate of growth was recorded in June 2023 an increase of 69% against the previous month. As a result, the export price attained the peak level of $1,952 per ton, and then declined significantly in the following month.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Portugal ($1,813 per ton), while the average price for exports to Germany ($644 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.1%), while the prices for the other major destinations experienced a decline.

Millet Imports in the Netherlands

In 2022, purchases abroad of millet decreased by -30.7% to 8.5K tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 41%. As a result, imports reached the peak of 20K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, millet imports contracted sharply to $5.7M in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of $9.9M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Millet in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,6831,9622,0611,7962.2%
China1,187828663846-10.7%
Belgium5531,0191,0417128.8%
Ukraine1,1251,638992648-16.8%
Poland25095119956631.3%
Germany14131634330429.2%
Russia42339930.1160-27.7%
Others2,1952,8172,445690-32.0%
Total7,5599,9307,7745,721-8.9%

Top Suppliers of Millet to the Netherlands in 2022:

  1. France (3.6K tons)
  2. Ukraine (1.5K tons)
  3. Poland (0.8K tons)
  4. China (0.7K tons)
  5. Belgium (0.5K tons)
  6. Russia (0.4K tons)
  7. Germany (0.2K tons)

Millet Exports in the Netherlands

In 2022, approx. 4.2K tons of millet were exported from the Netherlands; waning by -27.8% compared with the year before. Overall, exports faced a sharp decrease. The smallest decline of -5.3% was in 2020.

In value terms, millet exports contracted remarkably to $4.2M in 2022. In general, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 5.5%. As a result, the exports attained the peak of $7M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Millet in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,3941,7972,2872,3960.0%
France1,0842,140544434-26.3%
Germany1,6481,6321,326412-37.0%
Spain290347106189-13.3%
Hungary222226116110-20.9%
Portugal10559.677.087.9-5.8%
United Kingdom28499.353.77.2-70.6%
United StatesN/A100274N/A174.0%
Others5735615265931.2%
Total6,6016,9625,3094,228-13.8%

Top Export Markets for Millet from the Netherlands in 2022:

  1. Belgium (2790.2 tons)
  2. France (369.3 tons)
  3. Germany (275.2 tons)
  4. Spain (152.6 tons)
  5. Portugal (150.5 tons)
  6. Hungary (83.1 tons)
  7. United Kingdom (7.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the millet market in the Netherlands. 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:

  • FCL 79 - Millet

Country coverage:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD
  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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