Price for Vegetables; Seed Potatoes, Fresh or Chilled in Belgium - 2023

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Belgium (CIF) - 2023
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Belgium (FOB) - 2023
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Belgium
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Belgium

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Belgium (CIF) - 2023

The average import price for vegetables; seed potatoes, fresh or chilleds stood at $441 per ton in August 2023, dropping by -30.9% against the previous month. In general, the import price, however, recorded a strong expansion. The growth pace was the most rapid in March 2023 when the average import price increased by 47% month-to-month. The import price peaked at $639 per ton in July 2023, and then shrank sharply in the following month.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($526 per ton), while the price for France totaled $366 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+6.7%).

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Belgium (FOB) - 2023

In September 2023, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $221 per ton, with a decrease of -45.1% against the previous month. Overall, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in June 2023 when the average export price increased by 43% against the previous month. Over the period under review, the average export prices hit record highs at $619 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From December 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to +11.4% per month.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Belgium

After three years of growth, purchases abroad of vegetables; seed potatoes, fresh or chilleds decreased by -10% to 188K tons in 2022. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28%.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds dropped markedly to $71M in 2022. Over the period under review, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 6.1% against the previous year. As a result, imports attained the peak of $96M, and then contracted significantly in the following year.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands71.465.565.941.1-16.8%
France12.422.327.029.032.7%
Germany2.40.92.71.0-25.3%
Others2.42.10.70.4-45.0%
Total88.690.896.371.5-6.9%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Belgium in 2022:

  1. France (101.5K tons)
  2. Netherlands (82.0K tons)
  3. Germany (3.7K tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Belgium

In 2022, overseas shipments of vegetables; seed potatoes, fresh or chilleds increased by 5% to 64K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt downturn.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds reduced to $24M in 2022. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of less than 0.1% against the previous year. As a result, the exports attained the peak of $47M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.37.64.85.5-16.1%
France26.828.212.85.5-41.0%
GermanyN/A0.30.33.3231.7%
Egypt2.41.43.73.07.7%
Lebanon2.42.31.61.5-14.5%
Italy0.60.80.80.60.0%
Spain1.31.31.40.6-22.7%
Others3.74.73.24.45.9%
Total46.646.628.524.4-19.4%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Belgium in 2022:

  1. Netherlands (32.6K tons)
  2. France (9.7K tons)
  3. Germany (4.9K tons)
  4. Egypt (4.6K tons)
  5. Lebanon (2.1K tons)
  6. Italy (1.3K tons)
  7. Spain (0.9K tons)

Source: IndexBox Market Intelligence Platform

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