Belgium - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSweet Potato Price in Belgium - 2023
Contents:
- Sweet Potato Price in Belgium (CIF) - 2023
- Sweet Potato Price in Belgium (FOB) - 2023
- Sweet Potato Imports in Belgium
- Sweet Potato Exports in Belgium
Sweet Potato Price in Belgium (CIF) - 2023
In June 2023, the average sweet potato import price amounted to $800 per ton, shrinking by -4.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 16% against the previous month. As a result, import price reached the peak level of $909 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,660 per ton), while the price for the United States ($571 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 China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sweet Potato Price in Belgium (FOB) - 2023
In June 2023, the average sweet potato export price amounted to $946 per ton, surging by 12% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 39% m-o-m. The export price peaked at $1,569 per ton in December 2022; however, from January 2023 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 ($2,336 per ton), while the average price for exports to the Netherlands ($669 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 Germany (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sweet Potato Imports in Belgium
In 2022, the amount of sweet potatoes imported into Belgium rose markedly to 51K tons, increasing by 5.8% against 2021 figures. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, sweet potato imports fell modestly to $39M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of $41M, and then declined in the following year.
| Import of Sweet Potato in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 26.7 | 24.1 | 32.0 | 30.2 | 4.2% |
| Spain | 1.3 | 3.1 | 2.6 | 3.3 | 36.4% |
| France | 3.8 | 1.4 | 1.4 | 1.6 | -25.0% |
| Germany | 0.1 | 1.6 | 1.9 | 1.5 | 146.6% |
| Portugal | 0.8 | 1.5 | 1.8 | 1.1 | 11.2% |
| United States | N/A | 0.2 | 0.3 | 0.4 | 41.4% |
| United Kingdom | 2.7 | 3.9 | N/A | N/A | 44.4% |
| Others | 1.5 | 0.7 | 0.8 | 0.8 | -18.9% |
| Total | 36.9 | 36.6 | 40.7 | 38.9 | 1.8% |
Top Suppliers of Sweet Potato to Belgium in 2022:
- United Kingdom (undefinedK tons)
- Netherlands (43.1K tons)
- Spain (3.8K tons)
- France (1.2K tons)
- United States (0.9K tons)
- Portugal (0.9K tons)
- Germany (0.8K tons)
Sweet Potato Exports in Belgium
In 2022, overseas shipments of sweet potatoes decreased by -52.7% to 5K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 235%. As a result, the exports reached the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sweet potato exports fell sharply to $7.9M in 2022. In general, exports, however, posted a resilient increase. The growth pace was the most rapid in 2020 with an increase of 114% against the previous year.
| Export of Sweet Potato in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 942 | 2,134 | 1,839 | 1,252 | 9.9% |
| Netherlands | 835 | 1,562 | 1,642 | 912 | 3.0% |
| Finland | 726 | 1,322 | 957 | 636 | -4.3% |
| United Kingdom | 197 | 646 | 460 | 616 | 46.2% |
| Italy | 30.0 | 81.1 | 213 | 473 | 150.8% |
| France | 433 | 436 | 2,118 | 394 | -3.1% |
| Poland | 230 | 184 | 135 | 352 | 15.2% |
| Luxembourg | 316 | 541 | 527 | 343 | 2.8% |
| Russia | 276 | 805 | 687 | 288 | 1.4% |
| Iceland | 135 | 224 | 306 | 202 | 14.4% |
| Austria | 69.6 | 455 | 272 | 198 | 41.7% |
| Sweden | 191 | 388 | 303 | 175 | -2.9% |
| Ireland | 54.0 | 166 | 198 | 168 | 46.0% |
| Others | 899 | 2,452 | 2,189 | 1,911 | 28.6% |
| Total | 5,335 | 11,396 | 11,845 | 7,919 | 14.1% |
Top Export Markets for Sweet Potato from Belgium in 2022:
- Netherlands (902.4 tons)
- Germany (848.0 tons)
- United Kingdom (555.3 tons)
- Finland (395.2 tons)
- Poland (268.6 tons)
- Russia (215.7 tons)
- France (212.4 tons)
- Luxembourg (180.0 tons)
- Italy (151.3 tons)
- Iceland (123.7 tons)
- Sweden (115.7 tons)
- Austria (111.8 tons)
- Ireland (93.7 tons)
This report provides an in-depth analysis of the sweet potato 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 122 - Sweet potatoes
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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