Belgium - Sardines (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Sardines Price in Belgium - 2023
Contents:
- Preserved Sardines Price in Belgium (CIF) - 2023
- Preserved Sardines Price in Belgium (FOB) - 2023
- Preserved Sardines Imports in Belgium
- Preserved Sardines Exports in Belgium
Preserved Sardines Price in Belgium (CIF) - 2023
The average preserved sardines import price stood at $7,214 per ton in June 2023, surging by 14% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 68% month-to-month. As a result, import price reached the peak level of $7,677 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($12,443 per ton), while the price for Morocco ($4,797 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 France (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sardines Price in Belgium (FOB) - 2023
In June 2023, the average preserved sardines export price amounted to $4,305 per ton, dropping by -16.7% against the previous month. Over the period under review, the export price recorded a pronounced decline. The pace of growth was the most pronounced in February 2023 when the average export price increased by 98% month-to-month. The export price peaked at $7,366 per ton in September 2022; however, from October 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Luxembourg ($11,842 per ton), while the average price for exports to Germany ($2,559 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 Luxembourg (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Sardines Imports in Belgium
In 2022, supplies from abroad of sardines (prepared or preserved) decreased by -9.3% to 1.4K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved sardines imports shrank to $9.9M in 2022. Over the period under review, imports showed a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Preserved Sardines in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 3.6 | 5.1 | 5.4 | 4.2 | 5.3% |
| Morocco | 2.5 | 2.3 | 1.4 | 2.1 | -5.6% |
| France | 1.6 | 1.9 | 1.4 | 1.2 | -9.1% |
| Netherlands | 0.9 | 1.2 | 1.2 | 1.1 | 6.9% |
| Italy | 0.6 | 1.0 | 1.0 | 0.7 | 5.3% |
| Latvia | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Germany | 0.9 | 1.0 | 0.2 | 0.2 | -39.4% |
| Others | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Total | 10.5 | 13.1 | 10.9 | 9.9 | -1.9% |
Top Suppliers of Preserved Sardines to Belgium in 2022:
- Portugal (409.6 tons)
- Morocco (392.8 tons)
- Netherlands (228.3 tons)
- France (178.6 tons)
- Italy (78.2 tons)
- Germany (49.9 tons)
- Latvia (37.6 tons)
Preserved Sardines Exports in Belgium
In 2022, overseas shipments of sardines (prepared or preserved) decreased by -44.6% to 147 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year. As a result, the exports attained the peak of 357 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved sardines exports shrank remarkably to $974K in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Preserved Sardines in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 480 | 916 | 857 | 410 | -5.1% |
| France | 213 | 296 | 141 | 212 | -0.2% |
| Romania | 120 | 199 | 129 | 176 | 13.6% |
| Netherlands | 120 | 141 | 117 | 79.9 | -12.7% |
| United States | N/A | N/A | 64.5 | 27.2 | -57.8% |
| Germany | 8.7 | 31.2 | 32.5 | 22.2 | 36.7% |
| Democratic Republic of the Congo | 17.1 | 55.2 | 68.5 | 11.5 | -12.4% |
| Others | 31.8 | 77.6 | 197 | 35.3 | 3.5% |
| Total | 991 | 1,716 | 1,607 | 974 | -0.6% |
Top Export Markets for Preserved Sardines from Belgium in 2022:
- Romania (43.5 tons)
- Luxembourg (39.0 tons)
- France (34.9 tons)
- Netherlands (11.2 tons)
- Democratic Republic of the Congo (4.4 tons)
- Germany (4.2 tons)
- United States (3.6 tons)
This report provides an in-depth analysis of the preserved sardines 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 10202530 - Prepared or preserved sardines, sardinella, brisling and sprats, 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
-
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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