Belgium - Groats And Meal Of Cereals (Excluding Wheat) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Wheat Groats Price in Belgium - 2023
Contents:
- Non-Wheat Groats Price in Belgium (FOB) - 2023
- Non-Wheat Groats Price in Belgium (CIF) - 2023
- Non-Wheat Groats Exports in Belgium
- Non-Wheat Groats Imports in Belgium
Non-Wheat Groats Price in Belgium (FOB) - 2023
The average non-wheat groats export price stood at $632 per ton in June 2023, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.6%. The growth pace was the most rapid in August 2022 when the average export price increased by 13% m-o-m. The export price peaked at $637 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In June 2023, the countries with the highest prices were Germany ($738 per ton) and the Netherlands ($655 per ton), while the average price for exports to the UK ($524 per ton) and France ($614 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 (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Wheat Groats Price in Belgium (CIF) - 2023
In June 2023, the average non-wheat groats import price amounted to $753 per ton, increasing by 9.8% against the previous month. Over the period under review, import price indicated tangible growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.7% 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, non-wheat groats import price decreased by -4.1% against April 2023 indices. The growth pace was the most rapid in January 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices reached the maximum at $785 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,463 per ton), while the price for France ($661 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 Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Wheat Groats Exports in Belgium
In 2022, overseas shipments of groats and meal of cereals (excluding wheat) decreased by -5.4% to 42K tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. As a result, the exports attained the peak of 53K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, non-wheat groats exports totaled $21M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Non-Wheat Groats in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3.8 | 5.7 | 5.6 | 6.6 | 20.2% |
United Kingdom | 2.9 | 4.6 | 3.9 | 4.9 | 19.1% |
Netherlands | 3.2 | 4.5 | 3.5 | 3.0 | -2.1% |
Germany | 0.4 | 3.6 | 3.4 | 2.6 | 86.6% |
Algeria | N/A | 0.9 | 0.4 | 1.5 | 29.1% |
Poland | 0.4 | 0.2 | 0.3 | 0.7 | 20.5% |
Others | 0.5 | 1.4 | 2.1 | 1.8 | 53.3% |
Total | 11.3 | 20.8 | 19.2 | 21.1 | 23.1% |
Top Export Markets for Non-Wheat Groats from Belgium in 2022:
- France (15.0K tons)
- United Kingdom (11.9K tons)
- Netherlands (5.5K tons)
- Germany (3.9K tons)
- Algeria (2.3K tons)
- Poland (1.1K tons)
Non-Wheat Groats Imports in Belgium
In 2022, non-wheat groats imports into Belgium expanded significantly to 32K tons, increasing by 11% on the previous year's figure. The total import volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, non-wheat groats imports soared to $18M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Wheat Groats in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 6.8 | 5.2 | 7.5 | 8.9 | 9.4% |
Netherlands | 1.4 | 1.9 | 2.1 | 2.5 | 21.3% |
Poland | 0.6 | 1.8 | 1.6 | 2.5 | 60.9% |
Spain | N/A | 0.1 | N/A | 1.8 | 324.3% |
Germany | N/A | N/A | 1.0 | 0.6 | -40.0% |
Italy | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
Hungary | N/A | 1.4 | 0.5 | 0.3 | -53.7% |
Others | 0.3 | 0.4 | 0.1 | 0.4 | 10.1% |
Total | 9.6 | 11.2 | 13.2 | 17.5 | 22.2% |
Top Suppliers of Non-Wheat Groats to Belgium in 2022:
- France (18.8K tons)
- Poland (4.2K tons)
- Netherlands (3.4K tons)
- Spain (3.3K tons)
- Germany (0.9K tons)
- Hungary (0.6K tons)
- Italy (0.4K tons)
This report provides an in-depth analysis of the non-wheat groats 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 10613230 - Groats and meal of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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