Belgium - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Anchovies Price in Belgium - 2023
Contents:
- Preserved Anchovies Price in Belgium (CIF) - 2023
- Preserved Anchovies Price in Belgium (FOB) - 2023
- Preserved Anchovies Imports in Belgium
- Preserved Anchovies Exports in Belgium
Preserved Anchovies Price in Belgium (CIF) - 2023
The average preserved anchovies import price stood at $8,583 per ton in May 2023, dropping by -11.7% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 31% m-o-m. The import price peaked at $11,472 per ton in February 2023; however, from March 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($18,956 per ton), while the price for France ($4,943 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Anchovies Price in Belgium (FOB) - 2023
The average preserved anchovies export price stood at $10,902 per ton in May 2023, increasing by 1.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in September 2022 an increase of 7.4% m-o-m. Over the period under review, the average export prices hit record highs in May 2023.
Average prices varied somewhat for the major overseas markets. In May 2023, the highest price was recorded for prices to the Netherlands ($12,157 per ton) and France ($10,097 per ton), while the average price for exports to Romania ($9,279 per ton) and Germany ($10,051 per ton) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Anchovies Imports in Belgium
In 2022, the amount of anchovies (prepared or preserved) imported into Belgium fell to 985 tons, waning by -10.6% compared with the previous year's figure. Over the period under review, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 7.7%. As a result, imports reached the peak of 1.1K tons, and then fell in the following year.
In value terms, preserved anchovies imports contracted to $8.8M in 2022. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year.
Import of Preserved Anchovies in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1.3 | 1.6 | 2.5 | 2.3 | 20.9% |
Bulgaria | 2.5 | 2.6 | 2.9 | 2.3 | -2.7% |
Peru | 2.3 | 2.2 | 2.0 | 2.1 | -3.0% |
Italy | 1.0 | 0.8 | 0.9 | 1.0 | 0.0% |
Netherlands | 0.3 | 0.5 | 0.7 | 0.6 | 26.0% |
France | 2.1 | 1.2 | 0.2 | 0.3 | -47.7% |
Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
Total | 9.6 | 9.1 | 9.5 | 8.8 | -2.9% |
Top Suppliers of Preserved Anchovies to Belgium in 2022:
- Bulgaria (392.7 tons)
- Peru (221.7 tons)
- Spain (154.1 tons)
- Italy (110.7 tons)
- France (50.8 tons)
- Netherlands (39.7 tons)
Preserved Anchovies Exports in Belgium
After three years of growth, overseas shipments of anchovies (prepared or preserved) decreased by -1.7% to 729 tons in 2022. The total export volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of 742 tons, and then contracted slightly in the following year.
In value terms, preserved anchovies exports stood at $7.4M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 33%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Preserved Anchovies in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,685 | 2,065 | 3,006 | 3,392 | 26.3% |
Netherlands | 2,101 | 1,798 | 2,288 | 2,301 | 3.1% |
United Kingdom | 9.1 | 14.8 | 535 | 622 | 308.9% |
Germany | 443 | 681 | 467 | 468 | 1.8% |
Luxembourg | 371 | 458 | 414 | 336 | -3.2% |
Romania | 79.5 | 143 | 198 | 117 | 13.7% |
Others | 115 | 108 | 110 | 121 | 1.7% |
Total | 4,802 | 5,268 | 7,017 | 7,357 | 15.3% |
Top Export Markets for Preserved Anchovies from Belgium in 2022:
- France (356.2 tons)
- Netherlands (229.8 tons)
- United Kingdom (60.0 tons)
- Germany (44.5 tons)
- Luxembourg (18.5 tons)
- Romania (10.2 tons)
This report provides an in-depth analysis of the preserved anchovies 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 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
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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