Price for Citrus Fruits Not Elsewhere Classified in Belgium - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Belgium (CIF) - 2023
- Price for Citrus Fruits Not Elsewhere Classified in Belgium (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Belgium
- Exports of Citrus Fruits Not Elsewhere Classified in Belgium
Price for Citrus Fruits Not Elsewhere Classified in Belgium (CIF) - 2023
The average import price for citrus fruits not elsewhere classified stood at $3,321 per ton in June 2023, dropping by -3.1% against the previous month. Overall, import price indicated moderate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, citrus fruits not elsewhere classified import price increased by +122.2% against February 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 96% against the previous month. The import price peaked at $4,014 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($6,357 per ton), while the price for the Netherlands stood at $2,542 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Citrus Fruits Not Elsewhere Classified in Belgium (FOB) - 2022
The average export price for citrus fruits not elsewhere classified stood at $3,557 per ton in 2022, increasing by 2.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 32%. The export price peaked at $3,603 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,293 per ton), while the average price for exports to France ($1,126 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 Sweden (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Citrus Fruits Not Elsewhere Classified in Belgium
For the fourth year in a row, Belgium recorded growth in purchases abroad of citrus fruits not elsewhere classified, which increased by 51% to 916 tons in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 81% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, citrus fruits not elsewhere classified imports skyrocketed to $2.3M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 142%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Citrus Fruits Not Elsewhere Classified in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 234 | 402 | 620 | 737 | 46.6% |
| Spain | 205 | 309 | 284 | 667 | 48.2% |
| Israel | 6.3 | 463 | 547 | 552 | 344.2% |
| France | 77.9 | 169 | 235 | 308 | 58.1% |
| Others | 38.0 | 13.7 | 31.5 | 48.6 | 8.5% |
| Total | 562 | 1,357 | 1,717 | 2,312 | 60.2% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Belgium in 2022:
- Spain (400.5 tons)
- Netherlands (328.0 tons)
- Israel (91.4 tons)
- France (80.2 tons)
Exports of Citrus Fruits Not Elsewhere Classified in Belgium
In 2022, exports of citrus fruits not elsewhere classified from Belgium totaled 261 tons, surging by 10% compared with the previous year's figure. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 161%. As a result, the exports reached the peak of 266 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, citrus fruits not elsewhere classified exports expanded sharply to $927K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 234% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Citrus Fruits Not Elsewhere Classified in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 26.1 | 317 | 536 | 553 | 176.7% |
| Germany | 6.1 | 4.4 | 30.6 | 104 | 157.4% |
| France | 17.1 | 166 | 86.9 | 79.0 | 66.5% |
| Russia | 85.7 | 125 | 104 | 75.6 | -4.1% |
| Estonia | N/A | N/A | 1.5 | 44.0 | 2833.3% |
| Luxembourg | 29.7 | 37.1 | 28.8 | 25.9 | -4.5% |
| Others | 43.7 | 45.6 | 30.7 | 46.2 | 1.9% |
| Total | 208 | 696 | 818 | 927 | 64.6% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Belgium in 2022:
- Netherlands (110.2 tons)
- France (70.2 tons)
- Germany (26.5 tons)
- Luxembourg (20.8 tons)
- Estonia (12.5 tons)
- Russia (12.0 tons)
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