Belgium - Poppy Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoppy Seed Price in Belgium - 2023
Contents:
- Poppy Seed Price in Belgium (CIF) - 2022
- Poppy Seed Price in Belgium (FOB) - 2022
- Poppy Seed Imports in Belgium
- Poppy Seed Exports in Belgium
Poppy Seed Price in Belgium (CIF) - 2022
In 2022, the average poppy seed import price amounted to $2,591 per ton, declining by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 61%. The import price peaked at $2,845 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Australia ($11,200 per ton), while the price for Poland ($1,860 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Poppy Seed Price in Belgium (FOB) - 2022
In 2022, the average poppy seed export price amounted to $3,460 per ton, with an increase of 12% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poppy seed export price decreased by -2.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 41% against the previous year. As a result, the export price attained the peak level of $3,536 per ton; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($7,203 per ton), while the average price for exports to Morocco ($2,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Poppy Seed Imports in Belgium
Poppy seed imports into Belgium dropped to 478 tons in 2022, declining by -6% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 509 tons, and then dropped in the following year.
In value terms, poppy seed imports shrank to $1.2M in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $1.4M, and then dropped in the following year.
| Import of Poppy Seed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 510 | 387 | 456 | 561 | 3.2% |
| Netherlands | 453 | 422 | 668 | 519 | 4.6% |
| France | 92.7 | 69.3 | 100 | 107 | 4.9% |
| Germany | 142 | 215 | 92.2 | 24.9 | -44.0% |
| Others | 50.7 | 56.2 | 39.4 | 26.0 | -20.0% |
| Total | 1,248 | 1,148 | 1,356 | 1,238 | -0.3% |
Top Suppliers of Poppy Seed to Belgium in 2022:
- Poland (301.7 tons)
- Netherlands (132.2 tons)
- France (28.8 tons)
- Germany (10.9 tons)
Poppy Seed Exports in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of poppy seed, when their volume decreased by -37.2% to 121 tons. In general, exports recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of 192 tons, and then declined remarkably in the following year.
In value terms, poppy seed exports reduced remarkably to $418K in 2022. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports attained the peak of $595K, and then reduced dramatically in the following year.
| Export of Poppy Seed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 326 | 345 | 429 | 296 | -3.2% |
| United Kingdom | 38.6 | 26.9 | 13.5 | 31.4 | -6.7% |
| Iceland | 5.9 | 7.1 | 13.6 | 23.2 | 57.8% |
| Luxembourg | 32.8 | 28.0 | 33.4 | 22.8 | -11.4% |
| Netherlands | 13.1 | 33.1 | 20.4 | 16.9 | 8.9% |
| Germany | 1.6 | 16.3 | 2.1 | 10.6 | 87.8% |
| Morocco | 9.0 | 3.6 | 66.7 | 9.0 | 0.0% |
| Others | 57.6 | 20.3 | 17.1 | 7.7 | -48.9% |
| Total | 485 | 480 | 595 | 418 | -4.8% |
Top Export Markets for Poppy Seed from Belgium in 2022:
- France (91.7 tons)
- Luxembourg (7.9 tons)
- United Kingdom (7.2 tons)
- Morocco (4.1 tons)
- Iceland (3.5 tons)
- Netherlands (2.4 tons)
- Germany (2.2 tons)
This report provides an in-depth analysis of the poppy seed 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:
- FCL 296 - Poppy seed
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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The global poppy seed market was estimated at X tons in 2016, which was X% more than in the previous year.
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Global poppy seed imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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